North America Androgenetic Alopecia Market Size & Outlook
The androgenetic alopecia market in North America is expected to reach a projected revenue of US$ 1,598.6 million by 2030. A compound annual growth rate of 6.7% is expected of North America androgenetic alopecia market from 2024 to 2030.
North America androgenetic alopecia market highlights
The North America androgenetic alopecia market generated a revenue of USD 1,017.0 million in 2023.
The market is expected to grow at a CAGR of 6.7% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
Market revenue in 2023
USD 1,017.0 million
Market revenue in 2030
USD 1,598.6 million
Growth rate
6.7% (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, North America region accounted for 37.4% 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.
North America dominated the global Androgenetic Alopecia (AGA) market in 2023. Growth in the region is driven by a high disease prevalence, rising consumer awareness, proactive government measures, technological advancements, and improvements in healthcare infrastructure.
Furthermore, the increasing investments in Research & Development (R&D) of alopecia treatment and developed healthcare facilities are significantly contributing to market growth. For instance, in March 2022, Kintor Pharmaceutical Limited initiated a phase 2 clinical trial of KX-826 (Pyrilutamide) by dosing the first male AGA patient in the U.S.
The North American Hair Research Society and the American Hair Loss Association conduct research on treating alopecia by involving scientists from different disciplines. They also periodically conduct meetings & programs to discuss and raise awareness about hair loss & associated treatments.
North America 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 98.09% in 2023.
Horizon Databook has segmented the North America androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
North America dominated the global Androgenetic Alopecia (AGA) market in 2023. Growth in the region is driven by a high disease prevalence, rising consumer awareness, proactive government measures, technological advancements, and improvements in healthcare infrastructure.
Furthermore, the increasing investments in Research & Development (R&D) of alopecia treatment and developed healthcare facilities are significantly contributing to market growth. For instance, in March 2022, Kintor Pharmaceutical Limited initiated a phase 2 clinical trial of KX-826 (Pyrilutamide) by dosing the first male AGA patient in the U.S.
The North American Hair Research Society and the American Hair Loss Association conduct research on treating alopecia by involving scientists from different disciplines. They also periodically conduct meetings & programs to discuss and raise awareness about hair loss & associated treatments.
North America Androgenetic Alopecia Market Treatment Outlook (Revenue, USD MIllion , 2018-2030)
Pharmaceuticals
Devices
North America Androgenetic Alopecia Market End-use Outlook (Revenue, USD MIllion , 2018-2030)
Homecare Settings
Dermatology Clinics
North America Androgenetic Alopecia Market Sales Channel Outlook (Revenue, USD MIllion , 2018-2030)
Prescriptions
OTC
North America Androgenetic Alopecia Market Gender Outlook (Revenue, USD MIllion , 2018-2030)
Male
Female
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North America Androgenetic Alopecia Market, 2018-2030 (US$M)