Thailand Androgenetic Alopecia Market Size & Outlook
Global Market
Related Markets
Thailand androgenetic alopecia market highlights
- The Thailand androgenetic alopecia market generated a revenue of USD 71.2 million in 2023 and is expected to reach USD 126.4 million by 2030.
- The Thailand market is expected to grow at a CAGR of 8.5% 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 71.2 million |
| Market revenue in 2030 | USD 126.4 million |
| Growth rate | 8.5% (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, Thailand accounted for 2.6% 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.
The rising disposable income and increasing awareness about health & wellness are among the major factors contributing to the growth of the AGA market in the country. Moreover, self-medication with OTC drugs, such as minoxidil and others, is becoming a popular practice across the country. Easy access to pharmacies and minor illnesses are the most common reasons for self-medication.
For instance, in February 2021, Faculty of Pharmaceutical Sciences, Chulalongkorn University, developed an innovative treatment for hair loss, which received the Innovation Award 2021 in Chemical Science and Pharmacy from NRCT.
According to a report published by PubMed in September 2021, the prevalence of AGA in Thai men was 38.52%. Moreover, the increasing aging population is further expected to increase the prevalence of AGA in the coming years. Growing adoption of laser devices to treat AGA in the country is driving the market growth.
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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/ |
Thailand 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 98.46% in 2023.
Horizon Databook has segmented the Thailand androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The rising disposable income and increasing awareness about health & wellness are among the major factors contributing to the growth of the AGA market in the country. Moreover, self-medication with OTC drugs, such as minoxidil and others, is becoming a popular practice across the country. Easy access to pharmacies and minor illnesses are the most common reasons for self-medication.
For instance, in February 2021, Faculty of Pharmaceutical Sciences, Chulalongkorn University, developed an innovative treatment for hair loss, which received the Innovation Award 2021 in Chemical Science and Pharmacy from NRCT.
According to a report published by PubMed in September 2021, the prevalence of AGA in Thai men was 38.52%. Moreover, the increasing aging population is further expected to increase the prevalence of AGA in the coming years. Growing adoption of laser devices to treat AGA in the country is driving the market growth.
- Thailand Androgenetic Alopecia Market Treatment Outlook (Revenue, USD MIllion , 2018-2030)
- Pharmaceuticals
- Devices
- Thailand Androgenetic Alopecia Market End-use Outlook (Revenue, USD MIllion , 2018-2030)
- Homecare Settings
- Dermatology Clinics
- Thailand Androgenetic Alopecia Market Sales Channel Outlook (Revenue, USD MIllion , 2018-2030)
- Prescriptions
- OTC
- Thailand 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 Thailand Androgenetic Alopecia Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Thailand Androgenetic Alopecia Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Thailand Androgenetic Alopecia Market, 2018-2030 (US$M)
Thailand androgenetic alopecia market statistics, by treatment, 2018-2030 (US$M)
