Europe Androgenetic Alopecia Market Size & Outlook
Global Market
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Europe androgenetic alopecia market highlights
- The Europe androgenetic alopecia market generated a revenue of USD 785.1 million in 2023.
- The market is expected to grow at a CAGR of 8.7% 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, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 785.1 million |
| Market revenue in 2030 | USD 1,405.8 million |
| Growth rate | 8.7% (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, Europe region accounted for 28.9% 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.
In 2023, Europe held the second-largest share in the global androgenetic alopecia market. AGA is the most common hair loss disease in Europe, and it affects around 80% of men and 40% to 70% of women of Caucasian race of age 70 years & older.
Moreover, the rising healthcare expenditure, supported by developed healthcare facilities, is driving market growth in Europe. The European Hair Research Society, a nonprofit organization, plays an important role in conducting research related to reducing hair loss and preventive measures.
However, the growing trend of hair restoration using surgical methods may restrain market growth. According to a report by the International Society of Hair Restoration Surgery (ISHRS), Europe reported lucrative growth by the use of surgical hair restoration procedures in 2021, with 112,742, which is around a 5% increase from 2019.
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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/ |
Europe 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 98.59% in 2023.
Horizon Databook has segmented the Europe androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
In 2023, Europe held the second-largest share in the global androgenetic alopecia market. AGA is the most common hair loss disease in Europe, and it affects around 80% of men and 40% to 70% of women of Caucasian race of age 70 years & older.
Moreover, the rising healthcare expenditure, supported by developed healthcare facilities, is driving market growth in Europe. The European Hair Research Society, a nonprofit organization, plays an important role in conducting research related to reducing hair loss and preventive measures.
However, the growing trend of hair restoration using surgical methods may restrain market growth. According to a report by the International Society of Hair Restoration Surgery (ISHRS), Europe reported lucrative growth by the use of surgical hair restoration procedures in 2021, with 112,742, which is around a 5% increase from 2019.
- Europe Androgenetic Alopecia Market Treatment Outlook (Revenue, USD MIllion , 2018-2030)
- Pharmaceuticals
- Devices
- Europe Androgenetic Alopecia Market End-use Outlook (Revenue, USD MIllion , 2018-2030)
- Homecare Settings
- Dermatology Clinics
- Europe Androgenetic Alopecia Market Sales Channel Outlook (Revenue, USD MIllion , 2018-2030)
- Prescriptions
- OTC
- Europe 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 Europe Androgenetic Alopecia Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Androgenetic Alopecia Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Androgenetic Alopecia Market, 2018-2030 (US$M)
Europe androgenetic alopecia market statistics, by treatment, 2018-2030 (US$M)
