Global Laser Hair Loss Treatment Market Report 2021: Initiatives Focused on Increasing Awareness of Alopecia Areata to Spur the Market – Forecast to 2026 – ResearchAndMarkets.com – Yahoo Finance

DUBLIN, November 22, 2021–(BUSINESS WIRE)–The “Laser Hair Loss Treatment – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Global Laser Hair Loss Treatment Market to Reach $318.4 Million by 2026

Global market for Laser Hair Loss Treatment estimated at US$248.8 Million in the year 2020, is projected to reach a revised size of US$318.4 Million by 2026, growing at a CAGR of 4.3% over the analysis period.

Treatments such as hair transplant surgery, medications like finasteride (Propecia) and minoxidil (Rogaine), and laser therapy, stops or reverses the hair loss. Laser therapy constitutes a sophisticated medical therapy involving use of high precision focused lasers for treating specific areas with abnormal growths or tumors.

The precision of laser ensures that damage due to therapy is minimal, far lesser than conventional surgery methods. However, laser therapy is expensive. Despite this, laser technology gained considerable traction over the past few years, for treating hair loss. Lasers are being used for removing blockages at hair roots which prevent blood circulation. Treatment with laser is also known to fortify hair and enhance hair shine and elasticity.

Both low- and medium-level lasers are used for laser treatment for alopecia, with low-level lasers accounting for major share in the overall market. Low-level laser light treatment (LLLT) which is otherwise known as cold laser treatment or red light treatment radiates photons within the scalp tissues and the weak cells present inside the scalp soak up the photons and promote hair growth. Therefore the low-level laser treatment is a broadly approved hair growth procedure that is tolerable, less invasive, and safe compared to other hair transplant surgeries.

The market is anticipated to witness a steady rise over the coming years driven by the factors such as increasing prevalence of hair loss, including alopecia, and rise in prevalence of chronic diseases that trigger hair loss and technological advancements in treatments. Pattern hair loss constitutes the common hair loss type among both females and males.

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Lifestyles becoming busier, ageing population, and growing demand for solutions that are easy-to-use are some of the factors promoting growth for laser hair loss treatments market. Laser offers a quicker and more effective impact on new hair follicles growth. Another major factor driving market growth is the growing number of initiatives of organizations like the American Hair loss Association and the National Alopecia Areata Foundation among others, for increasing awareness about the available options for hair regrowth.

Demand for non-invasive and pain-less treatment options is also fuelling demand for treatments like laser hair loss treatment. Other growth drivers include more and more companies entering the field, increased market availability …….

Source: https://finance.yahoo.com/news/global-laser-hair-loss-treatment-160600920.html