Turkey - Mea Androgenetic Alopecia Market Size & Outlook
The androgenetic alopecia market in Turkey - MEA is expected to reach a projected revenue of US$ 12.3 million by 2030. A compound annual growth rate of 9% is expected of Turkey - MEA androgenetic alopecia market from 2024 to 2030.
The Turkey androgenetic alopecia market generated a revenue of USD 6.7 million in 2023 and is expected to reach USD 12.3 million by 2030.
The Turkey market is expected to grow at a CAGR of 9% 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 6.7 million
Market revenue in 2030
USD 12.3 million
Growth rate
9% (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, Turkey accounted for 0.2% 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 Middle East & Africa, UAE androgenetic alopecia market is projected to lead the regional market in terms of revenue in 2030.
South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.0 million by 2030.
The improved healthcare infrastructure, growing awareness among people about alopecia, and increasing risk of developing AGA with aging are some of key factors propelling market growth. According to a report published by PubMed in September 2021, the prevalence of AGA in men was 47.6% and in women was 19.17%.
Moreover, the government in Turkey is undertaking favorable initiatives to improve healthcare services and promote health tourism by giving tax rebates and a simplified visa process for medical tourists.
Furthermore, the presence of several service providers offering different therapeutics for hair loss is driving the market growth. Key service providers, such as Turquie Sante, Civas Hair Transplant, Regenera Activa, Este Medical Group Turkey, Vera Clinic, Turkeyana Clinic, and others, are offering laser hair growth therapy, PRP therapy, hormonal therapy, and other products for restoring hair loss.
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 100.0% in 2023.
Horizon Databook has segmented the Turkey - Mea androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The improved healthcare infrastructure, growing awareness among people about alopecia, and increasing risk of developing AGA with aging are some of key factors propelling market growth. According to a report published by PubMed in September 2021, the prevalence of AGA in men was 47.6% and in women was 19.17%.
Moreover, the government in Turkey is undertaking favorable initiatives to improve healthcare services and promote health tourism by giving tax rebates and a simplified visa process for medical tourists.
Furthermore, the presence of several service providers offering different therapeutics for hair loss is driving the market growth. Key service providers, such as Turquie Sante, Civas Hair Transplant, Regenera Activa, Este Medical Group Turkey, Vera Clinic, Turkeyana Clinic, and others, are offering laser hair growth therapy, PRP therapy, hormonal therapy, and other products for restoring hair loss.
Turkey - Mea Androgenetic Alopecia Market Treatment Outlook (Revenue, USD MIllion , 2018-2030)
Pharmaceuticals
Devices
Turkey - Mea Androgenetic Alopecia Market End-use Outlook (Revenue, USD MIllion , 2018-2030)
Homecare Settings
Dermatology Clinics
Turkey - Mea Androgenetic Alopecia Market Sales Channel Outlook (Revenue, USD MIllion , 2018-2030)
Prescriptions
OTC
Turkey - Mea 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 Turkey - MEA Androgenetic Alopecia Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Turkey - MEA Androgenetic Alopecia Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Turkey - Mea Androgenetic Alopecia Market, 2018-2030 (US$M)