India Hair Transplant Market Size More Than Doubles to almost Reach USD 500 Million by 2029

Published | 29 June 2023

India hair transplant market is flourishing because of an increasing prevalence of alopecia, growing number of hair restoration procedures, and rising prevalence of chronic diseases.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India hair transplant market size at USD 195.25 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects India hair transplant market size to grow at a robust CAGR of 17.12% reaching a value of USD 489.23 million by 2029. Major growth drivers for the India hair transplant market include the rising popularity of cosmetic surgery for enhancing appearance and beauty, growing influence of celebrities, and increasing awareness of the importance of personal appearance and self-image. India has positioned itself as a prominent global center for plastic and cosmetic surgery, offering affordable medical care and access to state-of-the-art surgical facilities staffed by highly skilled professionals. According to global hair transplant market data, India is responsible for a substantial portion, accounting for 80–90%, of all hair transplant surgeries. Leading destinations for these procedures are Jaipur and Delhi. A significant number of international patients, primarily from Europe, America, and Australia, choose India for their hair restoration needs. Indian clinics have earned a strong reputation in the hair restoration community, treating a considerable number of foreign patients each year, who express satisfaction with the results.  Consequently, the shifting attitudes towards cosmetic procedures represent a significant driving force within the plastic and cosmetic industry. However, the factors like high cost associated with hair transplant and risk of complications are anticipated to restrain the overall market growth during the period in analysis.

India Hair Transplant Market – Overview

The India hair transplant market refers to the industry and business activities related to the surgical procedure of hair transplantation in India. Hair transplant is a cosmetic procedure aimed at addressing hair loss or baldness by transplanting healthy hair follicles from one area of the body (usually the back or sides of the scalp) to the areas experiencing hair loss. The Indian hair transplant market encompasses various aspects, including clinics, hospitals, specialized centers, professionals, and technologies involved in providing hair restoration services. It involves the diagnosis, consultation, surgical procedures, post-operative care, and follow-up treatments associated with hair transplantation. The market is influenced by factors such as demand from individuals seeking hair restoration, advancements in transplantation techniques, affordability, medical infrastructure, and the expertise of professionals in India. It plays a significant role in meeting the aesthetic needs and addressing the concerns of people experiencing hair loss, contributing to the overall cosmetic and healthcare industry in India.

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Impact of COVID-19 on India Hair Transplant Market

COVID-19 pandemic adversely affected the India hair transplant market. The imposition of lockdowns and restrictions on non-essential services resulted in the temporary closure of many hair transplant clinics, leading to a decline in procedures. Travel restrictions and safety concerns also affected medical tourism, reducing the number of international patients seeking hair restoration in India. Additionally, the economic impact of the pandemic resulted in financial constraints for individuals, leading to a decrease in discretionary spending on cosmetic procedures. However, as the situation gradually improved, the market began to recover with the implementation of safety measures and the resumption of normalcy.

India Hair Transplant Market – By Procedure

By procedure, the India hair transplant market is divided into Follicular Unit Transplantation (FUT), Follicular Unit Extraction (FUE), Combination of FUT and FUE segments. The FUT segment holds the highest market share by procedure. The FUT surgery is also referred to follicular unit strip surgery (FUSS). It is a widely adopted technique for extracting hair follicles from a donor site. The surgeon carefully selects a region on the back of the scalp where hair growth is robust to remove a strip of skin. This process results in a narrow linear scar in the donor area, typically concealed by the patient's hair, even in cases of thin hair density. During the two-week recovery period, medical personnel will remove the sutures or staples, or alternatively, subcuticular suturing can be performed. These factors are expected to drive the expansion of this segment within the India Hair Transplant market throughout the forecast period.

Competitive Landscape

Major players operating in the India hair transplant market include Enhance Clinics, Harleys Clinic, DermaClinix, Rejoice Hair Transplant, Jaipur Skincity Hair Transplant and Laser Clinic, Dr Madhu's Advanced Hair Transplant Centre, Dermasculpt, Medispa Hair Clinic, DHI Hair Transplant Clinic, and Dermalife Skin Hair Clinic. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Don’t miss the business opportunity in the India Hair Transplant Market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Hair Transplant Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Hair Transplant Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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