UK Androgenetic Alopecia Market Size & Outlook, 2023-2030
UK androgenetic alopecia market, 2018-2030 (US$M)
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UK androgenetic alopecia market highlights
- The UK androgenetic alopecia market generated a revenue of USD 123.7 million in 2023 and is expected to reach USD 223.0 million by 2030.
- The UK market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
- In terms of segment, pharmaceuticals was the largest revenue generating treatment in 2023.
- Pharmaceuticals 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 123.7 million |
| Market revenue in 2030 | USD 223.0 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Pharmaceuticals |
| 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, UK accounted for 4.5% 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 Europe, Germany androgenetic alopecia market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 181.2 million by 2030.
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Androgenetic Alopecia Market Scope
Androgenetic Alopecia Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 98.46% in 2023. Horizon Databook has segmented the UK 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 the growing geriatric population, which has a high predisposition to hair loss, in the country is anticipated to drive market growth. According to a study, over 15.4 million people are suffering from hair loss across the UK.
Moreover, according to Alopecia UK, AGA affects around 50% of men aged over 50 and 50% of women aged over 65 in the country. Moreover, male pattern baldness is common in the UK, affecting most of the men, and the incidence of hair loss is predicted to increase with the aging.
In addition, the growing adoption of user friendly laser devices, such as helmets and caps, for alopecia is improving the demand for laser devices. Moreover, customer-oriented policies of local companies, such as CNV Hair, are encouraging people to use these devices. These companies offer better return policies, product warranties, and money-back guarantees that reduce purchase risk for customers.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK androgenetic alopecia market , including forecasts for subscribers. This country databook contains high-level insights into UK androgenetic alopecia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK androgenetic alopecia market size, by treatment, 2018-2030 (US$M)
UK Androgenetic Alopecia Market Outlook Share, 2023 & 2030 (US$M)
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