Hair Transplant

Research Points to Growth in Hair Transplant Market in India

The hair restoration market is growing across the globe as more and more people realize their are solutions for combating hair loss today. 

In India, a country that’s known for its rich cultures and customs, hair loss is a very big issue for the population of men and women who are seeing receding hairlines and baldness occurring starting at a young age. 

Just as with anywhere else, factors like poor diet, genes and sickness play a key role in why hair is being lost. 

Luckily, hair transplant techniques are now being offered to fix this issue for many sufferers. In India specifically, research from Frost & Sullivan uncovered that an increase in celebrity influence, word of mouth, higher incomes and a greater focus on improving one’s appearance are driving growth in this field. 

According to the research findings, many of the hair transplant customers in the country are aged between  25 – 30 years old. 

The two common and popular techniques also being adopted in India are FUE (Follicular Unit Extraction) and FUT (Follicular Unit Transplant). In addition to hair transplant centers managed by doctors themselves, there are also international chain offices now opening in the country and tertiary care hospitals also now offer hair restoration services. 

"The organized segment is growing at the rate of 25 percent in selected metros and tier I cities like Delhi NCR, Mumbai, Chennai, Hyderabad, Bangalore amongst others. The size of the Indian hair transplant market is estimated at INR 453 Crore in FY 2012-13. In addition, International chains are seeing India as a potential market for hair restoration," said Ankit Goyal, Program Manager, Healthcare Practice, Frost & Sullivan.

Hairfear - 1-3-2014

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