Acumen Research and Consulting Alopecia Market is Expected to Witness Growth at 5 | Page 2
Alopecia market is largest in men. Moreover, it is expected that the market for
women will be growing in the forecast period. High awareness pertaining to the
hair treatments is the key factor driving the growth.
North America region is the largest market for Alopecia market
North America has the highest market share. The introduction of new drugs, and
the favorable initiatives taken by the pertinent organizations are the key driving
factors for the regions large share. Presence of huge number of players, presence
of huge key players in the market and availability of huge investment will
support the market growth. U.S. holds the major share in the market owing to the
well developed healthcare sector, presence of huge geriatric population and high
healthcare spending. Europe holds the second leading position in the market
followed by Asia Pacific. Asia pacific is expected to witness the fastest growth
rate during the forecast period. The economic development coupled with
constant rising disposable income in countries such as India, China and
Singapore will present high growth opportunities over the forecast period.
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Androgenic Alopecia to lead the global Alopecia market
The global alopecia Market is segmented by type, end user, and distribution
channel.
By Type, the global alopecia Market is segmented into Androgenic Alopecia,
Alopecia Areata, Alopecia Totalis, Ciatricial Alopecia, Traction Alopecia. Alopecia
Areata leads the segment and is anticipated to grow at a lucrative CAGR in the
forecast period.
By End User, the global alopecia market is segmented into homecare settings and
dermatology clinics. Dermatology clinics lead the market in the forecast period.
With the newer technologies and the appropriate medication or therapy being
the driving factors responsible for the dermatology clinics.
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