Vietnam Androgenetic Alopecia Market Size & Outlook
Global Market
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Vietnam androgenetic alopecia market highlights
- The Vietnam androgenetic alopecia market generated a revenue of USD 5.0 million in 2023 and is expected to reach USD 8.7 million by 2030.
- The Vietnam market is expected to grow at a CAGR of 8.3% 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 5.0 million |
| Market revenue in 2030 | USD 8.7 million |
| Growth rate | 8.3% (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, Vietnam 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 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.
Vietnam’s market is expected to be driven by the increasing incidence of AGA, improving healthcare infrastructure, and rising consumer awareness. In addition, the country’s elderly population is growing at a rapid pace, and this demographic shift is leading to an increased incidence of AGA.
According to the Vietnam Social Security (VSS) data published in October 2022, over 87 million people, which is nearly 88% of total the population, have health insurance, and the government aims to increase the health insurance coverage to 92% of the national population.
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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/ |
Vietnam 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 98.0% in 2023.
Horizon Databook has segmented the Vietnam androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
Vietnam’s market is expected to be driven by the increasing incidence of AGA, improving healthcare infrastructure, and rising consumer awareness. In addition, the country’s elderly population is growing at a rapid pace, and this demographic shift is leading to an increased incidence of AGA.
According to the Vietnam Social Security (VSS) data published in October 2022, over 87 million people, which is nearly 88% of total the population, have health insurance, and the government aims to increase the health insurance coverage to 92% of the national population.
- Vietnam Androgenetic Alopecia Market Treatment Outlook (Revenue, USD MIllion , 2018-2030)
- Pharmaceuticals
- Devices
- Vietnam Androgenetic Alopecia Market End-use Outlook (Revenue, USD MIllion , 2018-2030)
- Homecare Settings
- Dermatology Clinics
- Vietnam Androgenetic Alopecia Market Sales Channel Outlook (Revenue, USD MIllion , 2018-2030)
- Prescriptions
- OTC
- Vietnam 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 Vietnam Androgenetic Alopecia Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Vietnam Androgenetic Alopecia Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Vietnam Androgenetic Alopecia Market, 2018-2030 (US$M)
Vietnam androgenetic alopecia market statistics, by treatment, 2018-2030 (US$M)
