According Fortune Business Insights the U.S. hair transplant procedure market volume was 170,510 in 2019 and is expected to grow from 153,101 in 2020 to 231,720 in 2027, growing at a CAGR of 6.1% in the 2020-2027 period. The market is experiencing steady growth, driven by rising prevalence of hair loss, increasing aesthetic awareness, and technological advancements in hair restoration procedures.
Hair transplant procedures are minimally invasive surgical techniques used to restore hair by transferring hair follicles from a donor area to bald or thinning areas.
The two primary techniques include:
- Follicular Unit Extraction (FUE)
- Follicular Unit Transplantation (FUT)
These procedures are widely used in cosmetic and reconstructive treatments to improve appearance and treat hair loss conditions.
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Market Segmentation
By Type
- Follicular Unit Extraction (FUE)
- Dominant segment
- Minimally invasive with faster recovery and less scarring
- Follicular Unit Transplantation (FUT)
- Traditional method
- Suitable for large graft requirements but involves longer recovery
By Age Group
- 20–29 Years
- Growing segment due to early hair loss concerns
- 30–39 Years
- Dominant segment due to increasing aesthetic awareness
- 40–54 Years
- Significant demand due to progressive hair loss
- 55 Years & Above
- Moderate adoption
Regional Analysis
Overall U.S. Market
- Strong demand due to high disposable income and advanced healthcare infrastructure
- Increasing number of specialized hair transplant clinics
- Growth driven by urban areas and metropolitan regions
Market Dynamics
Drivers
- Increasing prevalence of hair loss disorders
- Rising demand for cosmetic and aesthetic procedures
- Technological advancements in hair transplant techniques
- Growing awareness and acceptance of appearance-enhancing treatments
Restraints
- High cost of procedures
- Limited insurance coverage
- Risk of complications and need for multiple sessions
List of Key Companies Profiled
- Cole Instruments Inc. (Georgia, United States)
- CAPILLUS Inc. (Florida, United States)
- LaserCap Company (Ohio, United States)
- Apira Science (Florida, United States)
- Venus Concept (Toronto, Canada)
- THERADOME (California, United States)
- Restoration Robotics, Inc. (California, United States)
Key Industry Development
- June 2020 - Follica, Inc. announced positive feedback from a meeting with the U.S. Food and Drug Administration (FDA) as the company prepares to advance its lead program into Phase 3 development following a successful safety and efficacy optimization study for the treatment of hair loss in male androgenetic alopecia announced in December 2019.
- May 2019 – Bosley Inc. announced the launch of BioGraft, new technology in hair loss solutions. This new technology meets the needs of both women and men.
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