Japan Androgenetic Alopecia Market Size & Outlook, 2024-2030
Global Market
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Japan androgenetic alopecia market highlights
- The Japan androgenetic alopecia market generated a revenue of USD 139.0 million in 2023 and is expected to reach USD 247.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.6% 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.
Androgenetic alopecia market data book summary
| Market revenue in 2023 | USD 139.0 million |
| Market revenue in 2030 | USD 247.4 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Japan accounted for 5.1% of the global androgenetic alopecia market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China androgenetic alopecia market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 174.0 million by 2030.
Japan has a large geriatric population, which is highly susceptible to hair loss. According to the World Bank, in 2022, around 37.44 individuals belonged to the age group of 65 or above. An increase in R&D on innovative products to address the issue of hair loss is among the key factors contributing to the market growth in Japan.
There is an increase in the ongoing research initiatives in the country for development of novel technologies and products to treat alopecia. For instance, in February 2021, Organ Technologies announced the initiation of preparatory work for launch of a study on development of regenerative medicine for treating alopecia.
Moreover, in October 2022, scientists from Yokohama National University published a study in the journal Science Advances, which stated that they had grown hair follicles in laboratory to manage baldness. Growing interest of key players and research institutes in developing new products & treatments and advances in technologies are expected to drive market growth in Japan.
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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/ |
Japan 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 98.35% in 2023.
Horizon Databook has segmented the Japan androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
Japan has a large geriatric population, which is highly susceptible to hair loss. According to the World Bank, in 2022, around 37.44 individuals belonged to the age group of 65 or above. An increase in R&D on innovative products to address the issue of hair loss is among the key factors contributing to the market growth in Japan.
There is an increase in the ongoing research initiatives in the country for development of novel technologies and products to treat alopecia. For instance, in February 2021, Organ Technologies announced the initiation of preparatory work for launch of a study on development of regenerative medicine for treating alopecia.
Moreover, in October 2022, scientists from Yokohama National University published a study in the journal Science Advances, which stated that they had grown hair follicles in laboratory to manage baldness. Growing interest of key players and research institutes in developing new products & treatments and advances in technologies are expected to drive market growth in Japan.
- Japan Androgenetic Alopecia Market Treatment Outlook (Revenue, USD MIllion , 2018-2030)
- Pharmaceuticals
- Devices
- Japan Androgenetic Alopecia Market End-use Outlook (Revenue, USD MIllion , 2018-2030)
- Homecare Settings
- Dermatology Clinics
- Japan Androgenetic Alopecia Market Sales Channel Outlook (Revenue, USD MIllion , 2018-2030)
- Prescriptions
- OTC
- Japan Androgenetic Alopecia Market Gender Outlook (Revenue, USD MIllion , 2018-2030)
- Male
- Female
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan Androgenetic Alopecia Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Androgenetic Alopecia Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Japan Androgenetic Alopecia Market, 2018-2030 (US$M)
Japan androgenetic alopecia market statistics, by treatment, 2018-2030 (US$M)
