Hair loss is a common condition and it can be caused by numerous disorders. Hair loss or alopecia begins after the onset of puberty. Pattern or androgenetic alopecia is a genetically predetermined disorder due to excessive response to androgens that affects around 50% of males and females globally, according to the National Center for Biotechnology Information (NCBI). It is characterized by progressive loss of terminal hair of the scalp, in a characteristic distribution in both males and females. In males, hair loss is most prominent in the vertex and frontotemporal regions, while in women the frontal hairline is typically spared with diffuse apical hair loss noted as a wider anterior part of the hair.
Market Dynamics
Rising incidence of androgenetic alopecia is expected to drive the global hair loss treatment market growth. For instance, according to the National Library of Medicine (NLM), a medical library, which is part of the National Institutes of Health (NIH), androgenetic alopecia affects around 50 million men and 30 million women in the U.S.
However, availability of alternative treatments is expected to hinder the market growth. For instance, hair restoration surgery such as scalp reduction surgeries, which is not used frequently but efficacy of hair transplantation is based on the principle of donor dominance.
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