Middle East & Africa Androgenetic Alopecia Market Size & Outlook
Global Market
Related Markets
MEA androgenetic alopecia market highlights
- The MEA androgenetic alopecia market generated a revenue of USD 66.6 million in 2023.
- The market is expected to grow at a CAGR of 8.8% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 66.6 million |
| Market revenue in 2030 | USD 120.4 million |
| Growth rate | 8.8% (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, MEA region accounted for 2.4% 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.
South Africa, Saudi Arabia, Turkey, and the United Arab Emirates (UAE) are major markets for AGA in the Middle East & Africa. This is due to the high economic development and improved healthcare facilities. Economic development and the presence of high unmet medical needs in emerging economies, such as South Africa, are primary factors driving market growth.
The scope of this region as a major investment avenue has led to the growth of pharmaceutical manufacturers. However, ethical complications, poor infrastructure, and affordability issues might hamper market growth over the forecast period.
As suggested by the NCBI, the prevalence of various chronic conditions resulting in hair loss is increasing in the region, propelling market growth. The development of healthcare facilities is expected to contribute to the androgenetic alopecia market growth during the forecast period.
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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/ |
Middle East & Africa 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 98.95% in 2023.
Horizon Databook has segmented the Middle East & Africa androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa, Saudi Arabia, Turkey, and the United Arab Emirates (UAE) are major markets for AGA in the Middle East & Africa. This is due to the high economic development and improved healthcare facilities. Economic development and the presence of high unmet medical needs in emerging economies, such as South Africa, are primary factors driving market growth.
The scope of this region as a major investment avenue has led to the growth of pharmaceutical manufacturers. However, ethical complications, poor infrastructure, and affordability issues might hamper market growth over the forecast period.
As suggested by the NCBI, the prevalence of various chronic conditions resulting in hair loss is increasing in the region, propelling market growth. The development of healthcare facilities is expected to contribute to the androgenetic alopecia market growth during the forecast period.
- Middle East & Africa Androgenetic Alopecia Market Treatment Outlook (Revenue, USD MIllion , 2018-2030)
- Pharmaceuticals
- Devices
- Middle East & Africa Androgenetic Alopecia Market End-use Outlook (Revenue, USD MIllion , 2018-2030)
- Homecare Settings
- Dermatology Clinics
- Middle East & Africa Androgenetic Alopecia Market Sales Channel Outlook (Revenue, USD MIllion , 2018-2030)
- Prescriptions
- OTC
- Middle East & Africa 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 Middle East & Africa Androgenetic Alopecia Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Androgenetic Alopecia Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Androgenetic Alopecia Market, 2018-2030 (US$M)
MEA androgenetic alopecia market statistics, by treatment, 2018-2030 (US$M)
