Home > Healthcare > Drug Device Combination > Therapeutic Systems > Androgenetic Alopecia Treatment Market

Androgenetic Alopecia Treatment Market Trends

  • Report ID: GMI9219
  • Published Date: Apr 2024
  • Report Format: PDF

Androgenetic Alopecia Treatment Market Trends

Advancements in AGA treatment has been facilitated by understanding the functions and interactions of key components. This comprehension enables researchers to pinpoint drug targets and design drugs with precision, potentially boosting efficacy and safety. These advancements have led to the development of more effective treatment strategies, driving market growth.  
 

  • Technological advancements have led to the development of more effective treatments for AGA. For instance, the introduction of topical formulations with enhanced penetration capabilities allows for better delivery of active ingredients like minoxidil and finasteride to the hair follicles, thereby improving treatment efficacy. Moreover, the discovery of the structure of type 2, 5-alpha reductase (SRD5A2) in 2020 has opened new possibilities for developing more effective hair treatments. This breakthrough has shown better potential and possibilities for treating other diseases as well.  
     
  • Another promising treatment is clascoterone, an FDA-approved topical androgen receptor inhibitor initially used for acne. Recent studies indicate clascoterone's potential effectiveness in treating AGA, with patients treated with clascoterone 7.5% twice daily for 6 months experiencing reduced hair loss and improvement.
     
  • Advancements in digital health technologies, such as mobile applications and telemedicine platforms, have facilitated remote monitoring and management of AGA patients. These advancements offer improved treatment options for androgenetic alopecia, especially for females and younger males.
     
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Androgenetic alopecia treatment market size was valued at USD 2.8 billion in 2023 and is estimated to grow at 7.6% CAGR from 2024 to 2032, driven by changing lifestyle patterns and genetic predisposition.

The pharmaceutical treatment type segment reached USD 1.4 billion in 2023 and will grow rapidly till 2032, owing to its effectiveness in slowing down hair loss.

North America androgenetic alopecia treatment market accounted for USD 943 million in revenue in 2023 and will grow rapidly till 2032, driven by the growing awareness of androgenetic alopecia treatment options.

Apira Science, Inc. (iGROW Laser), Aurobindo Pharma, Cipla, Inc., Curallux, LLC, Dr. Reddy’s Laboratories Ltd., Freedom Laser Therapy, Inc. (iRESTORE Hair Growth System), Johnson & Johnson Services, Inc., Lexington Intl., LLC, and Merck & Co., Inc. among others.

Androgenetic Alopecia Treatment Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 213
  • Countries covered: 23
  • Pages: 110
 Download Free Sample