Report Overview

India Hair Transplant Market - Industry Trends & Forecast Report, 2029

India hair transplant market size was estimated at USD 195.25 million in 2022. During the forecast period between 2023 and 2029, the size of India hair transplant market size is projected to grow at a CAGR of 17.12% reaching a value of USD 489.23 million by 2029. Major growth drivers for the India hair transplant market include an increasing prevalence of cosmetic surgery for enhancing appearance and beauty. India has emerged as a global hub for plastic and cosmetic surgery due to its affordable medical care and access to top-notch surgical facilities manned by skilled professionals. According to global hair transplant market data, India is responsible for 80 to 90 percent of all hair transplant surgeries, with Jaipur and Delhi being the top destinations. A significant number of international patients seeking hair restoration procedures come from Europe, America, and Australia. Clinics in India have garnered a strong reputation within the hair restoration community, treating a substantial number of foreign patients each year who express satisfaction with the outcomes. The increasing celebrity influence, growing awareness of the significance of personal appearance and self-image, and heightened levels of consciousness collectively contribute to India's potential as a promising market for hair restoration treatments. Hence, the shift in attitudes towards cosmetic procedures represents a significant factor in the plastic and cosmetic industry.

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.

India Hair Transplant Market

Growth Drivers

Increase in the Number of Hair Restoration Procedures

The hair care and restoration industry in India has experienced notable growth, owing to the availability of advanced technology and proven medical solutions. The Indian market offers a diverse range of services that ensure positive outcomes at affordable prices. Companies operating in this market are investing significantly in research and product development to combat the rising concerns of hair loss and achieve business success. As the industry continues to thrive, India has attracted international companies to invest, resulting in healthy competition that provides customers with more choices and encourages brands to innovate their product offerings. In recent years, procedures such as hair extensions and transplants have gained popularity among consumers.

Restraints

High Cost Associated with Hair Transplant

The hair transplant procedure is often associated with a high cost, which can vary depending on factors, such as the extent of hair loss, the technique used, and the reputation of the clinic or surgeon. The cost includes expenses for consultation, surgical fees, anesthesia, post-operative care, and follow-up treatments. Additionally, the expertise and experience of the medical professionals involved in the procedure can also contribute to the overall cost. Overall, the high cost of hair transplant is primarily attributed to the specialized nature of the procedure and the quality of services provided.

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

Segmental Coverage

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 & FUE segments. The follicular unit transplantation (FUT)segment holds a higher 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 over the forecast period.

India Hair Transplant Market – By Gender

Based on gender, the India hair transplant market is bifurcated into Female and Male segments. The male segment holds a higher share in the India hair transplant market by gender. Male pattern baldness is a common concern among men, leading to a higher demand for hair restoration solutions. Genetic predisposition, hormonal factors, and lifestyle choices contribute to a higher prevalence of hair loss in men. Additionally, societal norms and cultural expectations often place a greater emphasis on hair appearance for men. As a result, men are more likely to seek hair transplant procedures to address their hair loss concerns, leading to a higher market share in the India hair transplant industry.

India Hair Transplant Market – By Service Provider

Based on service provider, the India hair transplant market is divided into Trichology Clinics, Hospitals, and Dermatology Clinics segments. The dermatology clinics segment holds the highest market share in the India hair transplant market. Dermatology clinics specialize in the diagnosis, treatment, and management of skin and hair-related issues, making them the go-to choice for individuals seeking hair transplant procedures. These clinics have the necessary expertise and experience in performing hair transplant surgeries, attracting a large number of patients. Additionally, dermatology clinics often offer a comprehensive range of services, including medical consultations, advanced hair transplant techniques, and post-operative care, providing a holistic approach to hair restoration. The established reputation and credibility of dermatology clinics further contribute to their dominant market position in the India hair transplant industry.

India Hair Transplant Market – By Surgery Type

Based on surgery type, the India hair transplant market is divided into Head Hair Transplant, Eyebrow Transplant, and Frontal Hairline Lowering or Reconstruction segments.

India Hair Transplant Market – By Region

The India hair transplant market is divided into North India, South India, East India, and West India regions.

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.

Recent Developments

• In 2022 - Satya Hair Solutions, a hair transplant center based in Gurgaon, India, inaugurated their latest facility. This new establishment marks the company's third location within the country, and it is experiencing significant growth in its operations. Satya Hair Solutions holds the distinction of being India's largest and most experienced chain of hair transplant centers, with an impressive track record of over 100,000 successful transplants.

Scope of the Report

By Procedure

• Follicular Unit Transplantation (FUT)

• Follicular Unit Extraction (FUE)

• Combination of FUT & FUE

By Gender

• Female

• Male

By Service Provider

• Trichology Clinics

• Hospitals

• Dermatology Clinics

By Surgery Type

• Head Hair Transplant

• Eyebrow Transplant

• Frontal Hairline Lowering or Reconstruction

By Region

• North India

• South India

• East India

• West India

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. India Hair Transplant Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Increasing prevalence of chronic diseases
         2. Increase in the number of hair restoration procedures
         3. Rise in the prevalence of alopecia
      2. Restraints
         1. High cost associated with hair transplant
         2. Risk of complications
      3. Opportunities
         1. Rise of the male grooming industry
         2. Development of the hair care and restoration sector
      4. Challenges
         1. Lack of trust
         2. Unlicensed individuals performing surgeries
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. India Hair Transplant Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Procedure
         1. Follicular Unit Transplantation (FUT)
         2. Follicular Unit Extraction (FUE)
         3. Combination of FUT & FUE
         4. Others
      2. By Gender
         1. Female
         2.  Male
      3. By Service Provider
         1. Trichology Clinics
         2. Hospitals
         3. Dermatology Clinics
      4. By Surgery Type
         1. Head Hair Transplant
         2. Eyebrow Transplant
         3. Frontal Hairline Lowering or Reconstruction
      5. By Region
         1. North India
         2. South India
         3. East India
         4. West India
5. North India Hair Transplant Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Procedure
      2. By Gender
      3. By Service Provider
      4. By Surgery Type
6. South India Hair Transplant Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Procedure
      2. By Gender
      3. By Service Provider
      4. By Surgery Type
7. East India Hair Transplant Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Procedure
      2. By Gender
      3. By Service Provider
      4. By Surgery Type
8. West India Hair Transplant Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Procedure
      2. By Gender
      3. By Service Provider
      4. By Surgery Type
9. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. India Hair Transplant Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India Hair Transplant Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Enhance Clinics
    2. Harleys Clinic
    3. DermaClinix
    4. Rejoice Hair Transplant
    5. Jaipur Skincity Hair Transplant and Laser Clinic
    6. Dr Madhu’s Advanced Hair Transplant Centre
    7. Dermasculpt
    8. Medispa Hair Clinic
    9. DHI Hair Transplant Clinic
    10. Dermalife Skin Hair Clinic
    11. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1       India Hair Transplant Segmentation   

Figure 2       India Hair Transplant Market Value Chain Analysis 

Figure 3       Company Market Share Analysis, 2022

Figure 4       India Hair Transplant Market Size, By Value (USD Million), 2019–2029

Figure 5       India Hair Transplant Market Share, By Procedure, By Value, 2019–2029      

Figure 6       India Hair Transplant Market Share, By Gender, By Value, 2019–2029 

Figure 7       India Hair Transplant Market Share, By Service Provider, By Value, 2019–2029         

Figure 8       India Hair Transplant Market Share, By Surgery Type, By Value, 2019–2029 

Figure 9       North India Hair Transplant Market Size, By Value (USD Million), 2019–2029 

Figure 10     North India Hair Transplant Market Share, By Procedure, By Value, 2019–2029         

Figure 11     North India Hair Transplant Market Share, By Gender, By Value, 2019–2029 

Figure 12     North Hair Transplant Market Share, By Surgery Type, By Value, 2019–2029

Figure 13     North India Hair Transplant Market Share, By Service Provider, By Value, 2019–2029 

Figure 14     South India Hair Transplant Market Size, By Value (USD Million), 2019–2029

Figure 15     South India Hair Transplant Market Share, By Procedure, By Value, 2019–2029         

Figure 16     South India Hair Transplant Market Share, By Gender, By Value, 2019–2029

Figure 17     South Hair Transplant Market Share, By Surgery Type, By Value, 2019–2029          

Figure 18     South India Hair Transplant Market Share, By Service Provider, By Value, 2019–2029 

Figure 19     East India Hair Transplant Market Size, By Value (USD Million), 2019–2029  

Figure 20     East India Hair Transplant Market Share, By Procedure, By Value, 2019–2029

Figure 21     East India Hair Transplant Market Share, By Gender, By Value, 2019–2029   

Figure 22     East India Hair Transplant Market Share, By Service Provider, By Value, 2019–2029

Figure 23     East Hair Transplant Market Share, By Surgery Type, By Value, 2019–2029            

Figure 24     West India Hair Transplant Market Size, By Value (USD Million), 2019–2029 

Figure 25     West India Hair Transplant Market Share, By Procedure, By Value, 2019–2029         

Figure 26     West India Hair Transplant Market Share, By Gender, By Value, 2019–2029  

Figure 27     West India Hair Transplant Market Share, By Service Provider, By Value, 2019–2029 

Figure 28     West Hair Transplant Market Share, By Surgery Type, By Value, 2019–2029 

List of Tables

Table 1        India Hair Transplant Segmentation   

Table 2        India Hair Transplant Market Value Chain Analysis 

Table 3        Company Market Share Analysis, 2022

Table 4        India Hair Transplant Market Size, By Value (USD Million), 2019–2029

Table 5        India Hair Transplant Market Share, By Procedure, By Value, 2019–2029      

Table 6        India Hair Transplant Market Share, By Gender, By Value, 2019–2029 

Table 7        India Hair Transplant Market Share, By Service Provider, By Value, 2019–2029         

Table 8        India Hair Transplant Market Share, By Surgery Type, By Value, 2019–2029 

Table 9        North India Hair Transplant Market Size, By Value (USD Million), 2019–2029 

Table 10      North India Hair Transplant Market Share, By Procedure, By Value, 2019–2029         

Table 11      North India Hair Transplant Market Share, By Gender, By Value, 2019–2029 

Table 12      North Hair Transplant Market Share, By Surgery Type, By Value, 2019–2029

Table 13      North India Hair Transplant Market Share, By Service Provider, By Value, 2019–2029 

Table 14     South India Hair Transplant Market Size, By Value (USD Million), 2019–2029 

Table 15      South India Hair Transplant Market Share, By Procedure, By Value, 2019–2029         

Table 16      South India Hair Transplant Market Share, By Gender, By Value, 2019–2029

Table 17      South Hair Transplant Market Share, By Surgery Type, By Value, 2019–2029          

Table 18      South India Hair Transplant Market Share, By Service Provider, By Value, 2019–2029 

Table 19      East India Hair Transplant Market Size, By Value (USD Million), 2019–2029  

Table 20      East India Hair Transplant Market Share, By Procedure, By Value, 2019–2029

Table 21      East India Hair Transplant Market Share, By Gender, By Value, 2019–2029   

Table 22      East India Hair Transplant Market Share, By Service Provider, By Value, 2019–2029

Table 23      East Hair Transplant Market Share, By Surgery Type, By Value, 2019–2029            

Table 24       West India Hair Transplant Market Size, By Value (USD Million), 2019–2029 

Table 25      West India Hair Transplant Market Share, By Procedure, By Value, 2019–2029         

Table 26      West Hair Transplant Market Share, By Gender, By Value, 2019–2029

Table 27      West India Hair Transplant Market Share, By Service Provider, By Value, 2019–2029 

Table 28      West Hair Transplant Market Share, By Surgery Type, By Value, 2019–2029 

Table 29      Enhance Clinics Company Overview

Table 30      Enhance Clinics Financial Overview

Table 31      Harleys Clinic Company Overview

Table 32      CEAT Limited Financial Overview

Table 33      DermaClinix Company Overview

Table 34      DermaClinix Financial Overview

Table 35      Rejoice Hair Transplant Company Overview

Table 36      Rejoice Hair Transplant Financial Overview

Table 37      Jaipur Skincity Hair Transplant and Laser Clinic Company Overview

Table 38      Jaipur Skincity Hair Transplant and Laser Clinic Financial Overview

Table 39      Dr Madhu’s Advanced Hair Transplant Centre Company Overview

Table 40      Dr Madhu’s Advanced Hair Transplant Centre Financial Overview

Table 41      Dermasculpt Company Overview

Table 42      Dermasculpt Financial Overview

Table 43      Apollo Tyres Ltd Company Overview

Table 44      Apollo Tyres Ltd Financial Overview

Table 45      DHI Hair Transplant Clinic Company Overview

Table 46      DHI Hair Transplant Clinic Financial Overview

Table 47      Dermalife Skin Hair Clinic Company Overview

Table 48      Dermalife Skin Hair Clinic Financial Overview