Growing Hair Loss Trouble Creates a Lucrative Market in India
Hair loss in India is an extremely sensitive issue. This is applicable to men and women alike. Severe hair fall and rapidly receding hairlines because of factors such as stress, pollution, improper eating habits, mounting work pressure, excessive application of chemical products on hair, increase in heredity-related ailments and hormonal disorders have led to an ever-increasing number of people suffering from baldness in recent times.
The global market milieu
The hair restoration market is evolving at a frenetic pace.
With a plethora of brands barging in, consumers at large are offered with a wide-arrayed, flexible scope to choose services that suit their needs to the hilt.
Leading hair transplant experts voice their opinion on how the global market for hair transplant is estimated to cross US$ 28,627.6 Million by the end of 2025.
The market has delivered a tremendous growth with a CAGR escalating at a rate of 23.6 percent amidst the forecast period of 2018 – 2025 with an unprecedented boom in revenue earnings.
The scenario prevalent in Delhi
As per reliable sources and findings from the latest research hair transplant surgery in India is quickly gaining unprecedented popularity.
The country has a burgeoning populace of both men and women who have improved awareness about their appearance and strive hard to revive their look with a head full of thick, healthy hair.
Reports also suggest that the market for hair restorative services is expected to grow by leaps and bound with a CAGR estimated at over 25 percent in other metros like Mumbai, Delhi, Hyderabad, Chennai, and Bangalore as well.
Anyways, from the very beginning, India was contemplated having a potential market for hair transplant procedures.
In earlier times, baldness was considered to be a taboo.
Marriages used to be fixed depending on whether the prospective groom has good hair growth on the scalp or not.
The presence of hair on the head or the mere absence of it was looked on as a man’s important personality trait.
With India boasting of a huge number of qualified and highly experienced hair transplant doctors, the services so rendered have become affordable.
Hair transplant which was once considered a luxury among the elitist class has now made inroads into lives of the urban middle-class Indians because it has slowly but surely become technologically progressive and cost-effective.
People from all across the world have begun coming to India to benefit from the favorable outcomes of hair transplant at a reasonably low cost.
The reasons that evoke consumer’s interest
There are sundry motives that prompt consumers to opt for a hair transplant procedure. This includes a heightened awareness about various hair fall treatment procedures.
The two most common medications used worldwide are Minoxidil (Rogaine) and Finasteride (Propecia).
The latest non-invasive technologies such as Follicular Unit Strip Surgery (FUSS) or Follicular Unit Transplantation (FUT), follicular unit extraction (FUE), follicular unit micro-grafting (FUMG) and robotics are much sought after in a clinic for hair transplant.
Fast changing lifestyles, reckless eating habits, stress, depression, smoking, and binge drinkers are sure shot factors that trigger off hair loss.
The hair transplant market has proffered consumers with easy and efficacious solutions that pander to treating and curing both major and minor hair problems.
Aforesaid state-of-the-art hair transplant techniques not only arrest hair loss but also fetch enough consumer interest to experiment and engender the best-desired outcomes.
Cost of hair transplantation in India generally lies in the range between INR 85000 and INR 200000 which includes initial consultation. Medications and post-operative care are charged extra.
The origin of hair transplant
More than a decade back, hair transplant surgeries were infrequent as the cost was exorbitantly high and the full procedure was invasive.
The pioneering FUE technique which came into being in 2008 marked the inception of its enormous foothold in India in this day and age.
The technique performed by qualified and experienced hair transplant surgeons is minimally invasive and involves the harvesting of new hair follicles on the hairless scalp of the patient.
The time to recovery is rather fast and patients can resume normal day-to-day activities within a couple of days
The future of hair transplantation looks fairly encouraging what with novel medical therapies and surgical treatments poised to hit the market soon.
One among them is hair culture which may lay bare opportunities to replicate new hair strands within the confines of a laboratory and subsequently having them implanted.
This technique ensures patients not to compromise on their original hair density by transporting hair follicles from the donor area to the recipient area.
Moreover, patients who don’t have adequate donor area hair can greatly benefit from this ultra-modern treatment technique which is still under research phase.
Nowadays, best-in-class cosmetic clinics that offer top-quality hair transplant in Delhi put forward a mélange of hair growth vitamins, fully computer-driven robotic hair restoration procedures and injections like “A” cell.
Many more unique treatment options are in the pipeline.