Report Code : CVMI2412248 | Published Date : March 3, 2025

The global Alopecia Treatment Market was valued at 8.3 billion in 2023 and is projected to reach 18.6 billion by 2031, growing at a CAGR of 10.4%. The market is driven by the rising prevalence of hair loss disorders, advancements in regenerative medicine, and increasing demand for minimally invasive solutions.

2024 Market Breakthroughs

  • JAK Inhibitor Approvals:
    • Olumiant® (baricitinib) sales surge 75% YoY for severe alopecia areata.
    • Litfulo® (ritlecitinib) is the first FDA-approved treatment for adolescents.
  • Stem Cell Therapies:
    • RepliCel’s RCH-01 shows 85% hair regrowth in Phase II trials.
    • HairClone’s Hair Bank launches in the UK for follicular cell preservation.
  • Robotic Hair Restoration:
    • ARTAS iX® robot achieves 40% faster graft placement vs. manual FUE.

Market Drivers

1. Rising Prevalence

  • 147 million people affected globally (NIH, 2024).
  • 40% of men experience noticeable hair loss by age 35.

2. Treatment Innovations

  • Topical Foams:
    • Minoxidil 10% formulations improve compliance by 30%.
  • Low-Level Laser Therapy (LLLT):
    • Capillus® FDA-cleared devices grow at 22% CAGR.

3. Aesthetic Demand

  • Medical Tourism: Turkey’s hair transplant market hits USD 1.2 billion.
  • Celebrity Endorsements: Public figures reduce stigma (e.g., Jada Pinkett Smith).

Competitive Landscape

Company

Market Share

Flagship Product

Strategic Edge

Eli Lilly

28%

Olumiant® (JAK inhibitor)

First systemic AA treatment

Pfizer

XX%

Litfulo® (JAK3/TEC)

Pediatric indication

Restoration Robotics

XX%

ARTAS iX®

AI-powered FUE

Emerging Disruptors:

  • Stemson Therapeutics: iPSC-derived hair follicles (Series B: USD50M).
  • Follica: Micro-needling + topical cocktails (Phase III).

Market Segmentation

  • By Type:
    • Androgenetic Alopecia (XX%): Dominates market.
    • Alopecia Areata (XX%): Fastest-growing segment.
  • By Treatment:
    • Pharmacological (50%): JAKs, minoxidil.
    • Surgical (XX%): FUE, FUT.
    • Devices (XX%): LLLT, PRP.
  • By Region:
    • North America (XX%): High biologic adoption.
    • Europe (30%): Medical tourism hub.
    • Asia-Pacific (XX%): Rising disposable income.

Recent Developments (2024)

  • May 2024: Olumiant® approved in Japan for pediatric AA.

August 2024: Stemson’s iPSC hair follicles enter clinical trials





Reasons To Buy

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Scope

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Key Players

  • Alopecia Treatment Market – Johnson & Johnson
  • Merck & Co. Inc.
  • Pfizer Inc.
  • GlaxoSmithKline plc
  • Cipla Ltd.
  • Sun Pharmaceutical Industries Ltd.
  • Dr. Reddy’s Laboratories
  • Cellmid Limited
  • Follicum AB
  • Concert Pharmaceuticals Inc.

Global Alopecia Treatment Market Report

Global Alopecia Treatment Market Report

  1. 1. Global Alopecia Treatment Market Research Report
    1. 1.1 Study Objectives
    2. 1.2 Global Alopecia Treatment Market - Overview
    3. 1.3 Reason to Read This Report
    4. 1.4 Methodology and Forecast Analysis
    2. Global Alopecia Treatment Market Research Report - Preface
    1. 2.1 Global Alopecia Treatment Market Research Report – Detailed Scope and Definitions
      1. 2.1.1 By Treatment Type
      2. 2.1.2 By End-user
      3. 2.1.3 By Application
      4. 2.1.4 By Region
    3. Global Alopecia Treatment Market Dynamics
    1. 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
    2. 3.2. Restraints – By Treatment Type, By End-user, By Application, By Country
    3. 3.3. Opportunities – By Treatment Type, By End-user, By Application, By Country
    4. 3.4. Trends – By Treatment Type, By End-user, By Application, By Country
    5. 3.5. PEST Analysis
    6. 3.6. Porters Five Rule Analysis
    7. 3.7. Company’s Share Analysis (CSA) by Region or By Country
    8. 3.8. Global Alopecia Treatment Market Research Report – DROTs Impact Analysis
    4. Global Alopecia Treatment Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis Data 2024 - 2031
    1. 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    2. 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
    3. 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
    4. 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. Global Alopecia Treatment Market, By Treatment Type, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 5.1 Topical Treatment
      1. 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 5.2 Oral Treatment
      1. 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 5.3 Injectable Treatment
      1. 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    4. 5.4 Hair Transplantation
      1. 5.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. Global Alopecia Treatment Market, By End-user, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 6.1 Hospitals
      1. 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 6.2 Clinics
      1. 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 6.3 Homecare Settings
      1. 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    7. Global Alopecia Treatment Market, By Application, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 7.1 Male Alopecia
      1. 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 7.2 Female Alopecia.
      1. 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    8. Global Alopecia Treatment Market Forecast, By Region, 2019 - 2023 and 2024 - 2031 (Market Value, In USD Mn)
    1. 8.1 North America
      1. 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 8.2 Europe
      1. 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 8.3 Asia-Pacific
      1. 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    4. 8.4 Latin America
      1. 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. 8.5 Middle East & Africa
      1. 8.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. 8.6 Global Alopecia Treatment Market - Opportunity Analysis Index, By Treatment Type, By End-user, By Application, and Region, 2024 - 2031
    9. North America Alopecia Treatment Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 9.1 By Treatment Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.1.1 Topical Treatment
      2. 9.1.2 Oral Treatment
      3. 9.1.3 Injectable Treatment
      4. 9.1.4 Hair Transplantation
      9.2 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.2.1 Hospitals
      2. 9.2.2 Clinics
      3. 9.2.3 Homecare Settings
      9.3 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.3.1 Male Alopecia
      2. 9.3.2 Female Alopecia.
      9.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.4.1 United States
      2. 9.4.2 Canada
      9.5 North America Global Alopecia Treatment Market – Opportunity Analysis Index, By Treatment Type, By End-user, By Application, and Country, 2024 - 2031
      9.6 Regional Trends Analysis
      9.7 North America Global Alopecia Treatment Market Research Report - Company Profiles
      1. 9.7.1 Company 1 (United States)
      2. 9.7.2 Company 2 (Canada)
      3. 9.7.3 Company 3 (Canada)
    10. Europe Alopecia Treatment Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 10.1 By Treatment Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.1.1 Topical Treatment
      2. 10.1.2 Oral Treatment
      3. 10.1.3 Injectable Treatment
      4. 10.1.4 Hair Transplantation
      10.2 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.2.1 Hospitals
      2. 10.2.2 Clinics
      3. 10.2.3 Homecare Settings
      10.3 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.3.1 Male Alopecia
      2. 10.3.2 Female Alopecia.
      10.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.4.1 Germany
      2. 10.4.2 United Kingdom
      3. 10.4.3 France
      4. 10.4.4 Spain
      5. 10.4.5 Italy
      6. 10.4.6 Russia
      7. 10.4.7 Netherlands
      8. 10.4.8 Poland
      9. 10.4.9 Rest of Europe
      10.5 Europe Global Alopecia Treatment Market – Opportunity Analysis Index, By Treatment Type, By End-user, By Application, and Country, 2024 - 2031
      10.6 Regional Trends Analysis
      10.7 Europe Global Alopecia Treatment Market Research Report - Company Profiles
      1. 10.7.1 Company 1 (Germany)
      2. 10.7.2 Company 2 (United Kingdom)
      3. 10.7.3 Company 3 (United Kingdom)
    11. Asia-Pacific Alopecia Treatment Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 11.1 By Treatment Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.1.1 Topical Treatment
      2. 11.1.2 Oral Treatment
      3. 11.1.3 Injectable Treatment
      4. 11.1.4 Hair Transplantation
      11.2 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.2.1 Hospitals
      2. 11.2.2 Clinics
      3. 11.2.3 Homecare Settings
      11.3 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.3.1 Male Alopecia
      2. 11.3.2 Female Alopecia.
      11.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.4.1 China
      2. 11.4.2 Japan
      3. 11.4.3 India
      4. 11.4.4 South Korea
      5. 11.4.5 Australia & NZ
      6. 11.4.6 ASEAN
      7. 11.4.7 Rest of Asia-Pacific
      11.5 Asia-Pacific Global Alopecia Treatment Market – Opportunity Analysis Index, By Treatment Type, By End-user, By Application, and Country, 2024 - 2031
      11.6 Regional Trends Analysis
      11.7 Asia-Pacific Global Alopecia Treatment Market Research Report - Company Profiles
      1. 11.7.1 Company 1 (China)
      2. 11.7.2 Company 2 (Japan)
      3. 11.7.3 Company 3 (Japan)
    12. Latin America Alopecia Treatment Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 12.1 By Treatment Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.1.1 Topical Treatment
      2. 12.1.2 Oral Treatment
      3. 12.1.3 Injectable Treatment
      4. 12.1.4 Hair Transplantation
      12.2 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.2.1 Hospitals
      2. 12.2.2 Clinics
      3. 12.2.3 Homecare Settings
      12.3 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.3.1 Male Alopecia
      2. 12.3.2 Female Alopecia.
      12.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.4.1 Brazil
      2. 12.4.2 Mexico
      3. 12.4.3 Argentina
      4. 12.4.4 Peru
      5. 12.4.5 Colombia
      6. 12.4.6 Rest of Latin America
      12.5 Latin America Global Alopecia Treatment Market – Opportunity Analysis Index, By Treatment Type, By End-user, By Application, and Country, 2024 - 2031
      12.6 Regional Trends Analysis
      12.7 Latin America Global Alopecia Treatment Market Research Report - Company Profiles
      1. 12.7.1 Company 1 (Brazil)
      2. 12.7.2 Company 2 (Mexico)
      3. 12.7.3 Company 3 (Mexico)
    13. Middle East & Africa Alopecia Treatment Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 13.1 By Treatment Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.1.1 Topical Treatment
      2. 13.1.2 Oral Treatment
      3. 13.1.3 Injectable Treatment
      4. 13.1.4 Hair Transplantation
      13.2 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.2.1 Hospitals
      2. 13.2.2 Clinics
      3. 13.2.3 Homecare Settings
      13.3 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.3.1 Male Alopecia
      2. 13.3.2 Female Alopecia.
      13.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.4.1 Saudi Arabia
      2. 13.4.2 UAE
      3. 13.4.3 South Africa
      4. 13.4.4 Egypt
      5. 13.4.5 Israel
      6. 13.4.6 Rest of Middle East and Africa
      13.5 Middle East & Africa Global Alopecia Treatment Market – Opportunity Analysis Index, By Treatment Type, By End-user, By Application, and Country, 2024 - 2031
      13.6 Regional Trends Analysis
      13.7 Middle East & Africa Global Alopecia Treatment Market Research Report - Company Profiles
      1. 13.7.1 Company 1 (Saudi Arabia)
      2. 13.7.2 Company 2 (UAE)
      3. 13.7.3 Company 3 (UAE)
    14. Competition Landscape
    1. 14.1 Strategic Dashboard of Top Market Players
      14.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)
      1. 14.2.1 Alopecia Treatment Market – Johnson & Johnson
      2. 14.2.2 Merck & Co. Inc.
      3. 14.2.3 Pfizer Inc.
      4. 14.2.4 GlaxoSmithKline plc
      5. 14.2.5 Cipla Ltd.
      6. 14.2.6 Sun Pharmaceutical Industries Ltd.
      7. 14.2.7 Dr. Reddy’s Laboratories
      8. 14.2.8 Cellmid Limited
      9. 14.2.9 Follicum AB
      10. 14.2.10 Concert Pharmaceuticals Inc.
    15. Data Collection Method and Research Approach
    16. Principal Presumptions and Acronym