Market revenue in 2023 | USD 926.3 million |
Market revenue in 2030 | USD 1,426.4 million |
Growth rate | 6.4% (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 |
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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 98.25% in 2023. Horizon Databook has segmented the U.S. androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. held the largest share of the androgenetic alopecia market in North America in 2023. The increasing awareness about the disease, rising R&D for novel therapeutics, and growing prevalence of androgenetic alopecia are some of the key factors propelling market growth.
According to the American Osteopathic College of Dermatology, AGA is the most common form of hair loss. It affects around 50% of males and 25% of females by the age of 50. Similarly, according to the Journal of Dermatology and Skin Scienceestimate, AGA affects around 50 million men and 30 million women in the U.S.
The positive phase 3 clinical trial results of potential drug candidates and the expected launch of pipeline products are expected to fuel market growth over the forecast period. For instance, in July 2023, Cosmo Pharmaceuticals started phase 3 clinical trials for its topical androgen receptorblocking drug, clascoterone solution.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. androgenetic alopecia market , including forecasts for subscribers. This country databook contains high-level insights into U.S. androgenetic alopecia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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