The androgenetic alopecia market in the UK is expected to reach a projected revenue of US$ 223.0 million by 2030. A compound annual growth rate of 8.8% is expected of the UK androgenetic alopecia market from 2024 to 2030.
The UK androgenetic alopecia market generated a revenue of USD 123.7 million in 2023 and is expected to reach USD 223.0 million by 2030.
The UK 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.
Pharmaceuticals 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 123.7 million
Market revenue in 2030
USD 223.0 million
Growth rate
8.8% (CAGR from 2023 to 2030)
Largest segment
Pharmaceuticals
Fastest growing segment
Pharmaceuticals
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, UK accounted for 4.5% 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 Europe, Germany androgenetic alopecia market is projected to lead the regional market in terms of revenue in 2030.
Italy is the fastest growing regional market in Europe and is projected to reach USD 181.2 million by 2030.
The increasing prevalence of AGA with the growing geriatric population, which has a high predisposition to hair loss, in the country is anticipated to drive market growth. According to a study, over 15.4 million people are suffering from hair loss across the UK.
Moreover, according to Alopecia UK, AGA affects around 50% of men aged over 50 and 50% of women aged over 65 in the country. Moreover, male pattern baldness is common in the UK, affecting most of the men, and the incidence of hair loss is predicted to increase with the aging.
In addition, the growing adoption of user friendly laser devices, such as helmets and caps, for alopecia is improving the demand for laser devices. Moreover, customer-oriented policies of local companies, such as CNV Hair, are encouraging people to use these devices. These companies offer better return policies, product warranties, and money-back guarantees that reduce purchase risk for customers.
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 U.K. androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing prevalence of AGA with the growing geriatric population, which has a high predisposition to hair loss, in the country is anticipated to drive market growth. According to a study, over 15.4 million people are suffering from hair loss across the UK.
Moreover, according to Alopecia UK, AGA affects around 50% of men aged over 50 and 50% of women aged over 65 in the country. Moreover, male pattern baldness is common in the UK, affecting most of the men, and the incidence of hair loss is predicted to increase with the aging.
In addition, the growing adoption of user friendly laser devices, such as helmets and caps, for alopecia is improving the demand for laser devices. Moreover, customer-oriented policies of local companies, such as CNV Hair, are encouraging people to use these devices. These companies offer better return policies, product warranties, and money-back guarantees that reduce purchase risk for customers.
U.K. Androgenetic Alopecia Market Treatment Outlook (Revenue, USD MIllion , 2018-2030)
Pharmaceuticals
Devices
U.K. Androgenetic Alopecia Market End-use Outlook (Revenue, USD MIllion , 2018-2030)
Homecare Settings
Dermatology Clinics
U.K. Androgenetic Alopecia Market Sales Channel Outlook (Revenue, USD MIllion , 2018-2030)
Prescriptions
OTC
U.K. Androgenetic Alopecia Market Gender Outlook (Revenue, USD MIllion , 2018-2030)
Male
Female
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