The North America Beard Transplant Market would witness market growth of 19.8% CAGR during the forecast period (2022-2028).
It is performed to restore the goatee or mustache, as well as the cheek beard, the sideburns, and any other area of the face where hair is needed, even if there was no hair development there previously. Additionally, facial hair transplantation is performed to conceal acne scars and any other types of scars. There are numerous causes for facial hair thinning. It can be caused by trauma, electrolysis, surgery, burns, laser hair removal, or even heredity. This surgery also assists female-to-male transsexual patients (FTM). This process is intended to fill in or cover a small area with a thin layer.
Additionally, it aims to restore a full, thick beard or goatee. This technique can be performed in locations where there is no facial hair as well as in areas where facial hair growth is sparse or moderate and the individual desires more fullness. Various numbers of grafts are necessary. 300 to 900 grafts are required for the cheekbone, 200 to 300 for the sideburn, 600 to 900 for a full goatee, and 350 to 500 for the mustache.
An increase in the demand for beard transplants throughout the region is majorly attributed to the rise in the proportion of the millennial population within regional countries, especially the United States. According to the U.S. Census Bureau, Millennials, often known as Generation Y, are the demographic group born between 1982 and 2000. More than a quarter of the U.S. population, this generation totaled over 83 million in 2014. Since 1980, over 66% and 68% of millennials have been employed on average in the District and the United States, respectively. Hence the growth of the regional market is estimated to increase at an exponential rate in the coming years.
The US market dominated the North America Beard Transplant Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $197,396.4 Thousands by 2028. The Canada market is showcasing a CAGR of 22.1% during (2022 - 2028). Additionally, The Mexico market would register a CAGR of 21.8% during (2022 - 2028).
Based on Approach, the market is segmented into Follicular Unit Extraction, Follicular Unit Transplantation and Others. Based on End User, the market is segmented into Masculine and Transmasculine. Based on Service Provider, the market is segmented into Clinics, Hospitals and Surgery Centers. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Beard Transplant Market is Predict to reach $684.4 Million by 2028, at a CAGR of 21.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bain Clinic Pvt. Ltd., Bosley, Inc., Dezire Clinic, DHI Global Europe Ltd., iGraft Global Hair Services Pvt Ltd, Panacea Global Hair & Skin Services, Smile Hair Clinic, The Wimpole Clinic Ltd., and HairMax, Inc. (Lexington International LLC).
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By End User
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