Philippines Androgenetic Alopecia Market Size & Outlook
Philippines androgenetic alopecia market, 2018-2030 (US$M)
Related Markets
Philippines androgenetic alopecia market highlights
- The Philippines androgenetic alopecia market generated a revenue of USD 8.7 million in 2023 and is expected to reach USD 15.1 million by 2030.
- The Philippines market is expected to grow at a CAGR of 8.1% 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 8.7 million |
| Market revenue in 2030 | USD 15.1 million |
| Growth rate | 8.1% (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, Philippines accounted for 0.3% 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.
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Androgenetic Alopecia Market Scope
Androgenetic Alopecia Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Philippines 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 will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 98.85% in 2023. Horizon Databook has segmented the Philippines 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 an increase in the geriatric population, is one of key driving forces of the market in Philippines. According to the World Bank, in 2022, the total population of Philippines aged 65 & above was around 6.28 million, and it is expected to grow over the forecast period.
An increase in the aging population in the country is anticipated to increase the prevalence of AGA, creating opportunities for market players and service providers. According to the Philippine Council for Health Research and Development (PCHRD), in Philippines, around 50% of men experience hair loss caused by AGA at the age of 40.
AGA market in the country is mainly dominated by international players. Pharmaceutical companies from India and China held a significant market share of the country’s AGA market.
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Our clientele includes a mix of androgenetic alopecia market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Philippines androgenetic alopecia market , including forecasts for subscribers. This country databook contains high-level insights into Philippines androgenetic alopecia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Philippines androgenetic alopecia market size, by treatment, 2018-2030 (US$M)
Philippines Androgenetic Alopecia Market Outlook Share, 2023 & 2030 (US$M)
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