Asia Pacific Androgenetic Alopecia Market Size & Outlook
Global Market
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Asia Pacific androgenetic alopecia market highlights
- The Asia Pacific androgenetic alopecia market generated a revenue of USD 772.5 million in 2023.
- The market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
- In terms of segment, pharmaceuticals was the largest revenue generating treatment in 2023.
- Devices is the most lucrative treatment segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 772.5 million |
| Market revenue in 2030 | USD 1,493.9 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharmaceuticals, Devices |
| Key market players worldwide | Johnson & Johnson, Cipla Ltd DR, Sun Pharmaceutical Industries, Merck & Co Inc, Dr. Reddy’s Laboratories, Cardiff Lexington Corp, Amgen Inc, Theradome, Aurobindo Pharma, Curallux, Apira Science |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 28.4% of the global androgenetic alopecia market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,493.9 million by 2030.
Asia Pacific Androgenetic Alopecia (AGA) market is anticipated to grow fast over the forecast period. Increasing awareness is a major factor driving the market in this region. Local presence of key players, such as Cipla, Dr. Reddy’s Laboratories Ltd, & Aurobindo Pharma, is expected to drive overall market growth.
With regard to laser devices market, the Asia Pacific region is mainly driven by the local players. Moreover, global players are focusing on market strategies like expansion and collaborations. For instance, Capillus is expanding its distribution network in Asian countries. The company has tied-up with clinic-based setups for providing treatment for AGA.
Asia’s geriatric population is expected to reach around 920 million by 2050, making it the oldest region in the world. The large geriatric population will lead to a rise in the target population for alopecia. For instance, the prevalence of AGA among men aged 17-26 is 32% and 100% in men aged 80 & above in Singapore.
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Androgenetic Alopecia Market Scope
Androgenetic Alopecia Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson & Johnson | View profile | 134,400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | www.jnj.com |
| Amgen Inc | View profile | 26,700 | One Amgen Center Drive, Thousand Oaks, CA, United States, 91320-1799 | www.amgen.com |
| Merck & Co Inc | View profile | 72,000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | www.merck.com |
| Cipla Ltd DR | View profile | 38,955 | Ganpatrao Kadam Marg, Cipla House, Peninsula Business Park, Lower Parel, Mumbai, MH, India, 400 013 | www.cipla.com |
| Aurobindo Pharma | View profile | 10001+ | Hyderabad, Andhra Pradesh, India, Asia | aurobindo.com |
| Sun Pharmaceutical Industries | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | www.sunpharma.com |
| Dr. Reddy’s Laboratories | View profile | 10001+ | Hyderabad, Andhra Pradesh, India, Asia | www.drreddys.com/ |
| Cardiff Lexington Corp | View profile | 13 | 3753 Howard Hughes Parkway, Suite 200, Las Vegas, NV, United States, 89169 | www.cardifflexington.com |
| Theradome | View profile | 1-10 | Pleasanton, California, United States, North America | www.theradome.com/ |
| Curallux | View profile | 101-250 | Miami, Florida, United States, North America | curallux.com/ |
Asia Pacific Androgenetic Alopecia Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Androgenetic Alopecia Market Outlook will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 98.43% in 2023.
Horizon Databook has segmented the Asia Pacific androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific Androgenetic Alopecia (AGA) market is anticipated to grow fast over the forecast period. Increasing awareness is a major factor driving the market in this region. Local presence of key players, such as Cipla, Dr. Reddy’s Laboratories Ltd, & Aurobindo Pharma, is expected to drive overall market growth.
With regard to laser devices market, the Asia Pacific region is mainly driven by the local players. Moreover, global players are focusing on market strategies like expansion and collaborations. For instance, Capillus is expanding its distribution network in Asian countries. The company has tied-up with clinic-based setups for providing treatment for AGA.
Asia’s geriatric population is expected to reach around 920 million by 2050, making it the oldest region in the world. The large geriatric population will lead to a rise in the target population for alopecia. For instance, the prevalence of AGA among men aged 17-26 is 32% and 100% in men aged 80 & above in Singapore.
- Asia Pacific Androgenetic Alopecia Market Treatment Outlook (Revenue, USD MIllion , 2018-2030)
- Pharmaceuticals
- Devices
- Asia Pacific Androgenetic Alopecia Market End-use Outlook (Revenue, USD MIllion , 2018-2030)
- Homecare Settings
- Dermatology Clinics
- Asia Pacific Androgenetic Alopecia Market Sales Channel Outlook (Revenue, USD MIllion , 2018-2030)
- Prescriptions
- OTC
- Asia Pacific Androgenetic Alopecia Market Gender Outlook (Revenue, USD MIllion , 2018-2030)
- Male
- Female
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Androgenetic Alopecia Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Androgenetic Alopecia Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Androgenetic Alopecia Market, 2018-2030 (US$M)
Asia Pacific androgenetic alopecia market statistics, by treatment, 2018-2030 (US$M)
