Vietnam Androgenetic Alopecia Market Size & Outlook

The androgenetic alopecia market in Vietnam is expected to reach a projected revenue of US$ 8.7 million by 2030. A compound annual growth rate of 8.3% is expected of Vietnam androgenetic alopecia market from 2024 to 2030.
Revenue, 2023 (US$M)
$5.0
Forecast, 2030 (US$M)
$8.7
CAGR, 2024 - 2030
8.2%
Report Coverage
Vietnam

Vietnam androgenetic alopecia market, 2018-2030 (US$M)

Vietnam

Vietnam androgenetic alopecia market highlights

  • The Vietnam androgenetic alopecia market generated a revenue of USD 5.0 million in 2023 and is expected to reach USD 8.7 million by 2030.
  • The Vietnam market is expected to grow at a CAGR of 8.3% 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 2023USD 5.0 million
Market revenue in 2030USD 8.7 million
Growth rate8.3% (CAGR from 2023 to 2030)
Largest segmentPharmaceuticals
Fastest growing segmentDevices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPharmaceuticals, Devices
Key market players worldwideJohnson & 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, Vietnam accounted for 0.2% 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 Companies

Name Profile # Employees HQ Website

Vietnam 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% in 2023. Horizon Databook has segmented the Vietnam androgenetic alopecia market based on pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.


Vietnam’s market is expected to be driven by the increasing incidence of AGA, improving healthcare infrastructure, and rising consumer awareness. In addition, the country’s elderly population is growing at a rapid pace, and this demographic shift is leading to an increased incidence of AGA.

According to the Vietnam Social Security (VSS) data published in October 2022, over 87 million people, which is nearly 88% of total the population, have health insurance, and the government aims to increase the health insurance coverage to 92% of the national population.

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Horizon Databook provides a detailed overview of country-level data and insights on the Vietnam androgenetic alopecia market , including forecasts for subscribers. This country databook contains high-level insights into Vietnam androgenetic alopecia market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Vietnam androgenetic alopecia market size, by treatment, 2018-2030 (US$M)

Vietnam Androgenetic Alopecia Market Outlook Share, 2023 & 2030 (US$M)

Vietnam androgenetic alopecia market size, by treatment, 2018-2030 (US$M)

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