Market by Gender, Indications, Treatment Type, Sales Channel, and Country | Forecast 2021-2028
A
study by Triton Market Research has stated that the hair loss treatment market
in Latin America is likely to grow with a CAGR of 4.14% over the forecast years
from 2021 to 2028.
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The
countries studied in this market include:
• Brazil
• Mexico
• Rest of Latin America countries
Countries
in the region are witnessing an increased rate of conditions like alopecia. The
rising air pollution and alcohol consumption are also contributing to the
increasing hair loss in people here. Therefore, there is a high demand for
treating this condition. Besides, the rising disposable income and growing
social media influence have led to people spending significantly on personal
care products. For instance, topical solutions for hair regrowth are quite
popular in the Brazilian market.
Medical
tourism in the country is booming, and Brazil has become one of the
fastest-growing hotspots for affordable, quality treatments. Patients here are
largely seeking treatments like hair transplants and other trichological &
cosmetic treatments. All these factors are expected to drive the hair loss
treatment market growth in Latin America in the coming years.
Meanwhile,
the hair transplant industry in Mexico is also emerging. As per data, there are
28% of bald inhabitants in the country. Further, the prevalence of autoimmune
diseases like alopecia and cancer are also on the rise here. These factors are
surging the demand for the treatment of hair loss. Along with this, the rising
disposable income and the growing preference for personal grooming are also
expected to increase the usage of hair loss products by consumers. This will
benefit the growth of the Mexican hair loss treatment market in the coming
years.
Sun
Pharmaceutical Industries Ltd is a specialty pharmaceutical company. Its
products find applications in the treatment of several conditions, including
hair loss. The company offers drugs in various dosage forms, such as capsules,
tablets, inhalers, injectables, creams, ointments, and liquids.
Sun
Pharma’s Anaboom serum helps reduce hair fall, thus facilitating hair growth.
It also offers Amexidil 5% solution, which is used by patients affected by
alopecia androgenetica. The company has manufacturing facilities in Latin
America, among other regions. Sun Pharmaceutical has a strong R&D skillset
to develop technologically complex products. In FY2019, it invested INR 19.8
billion in research & development.
1. LATIN
AMERICA HAIR LOSS TREATMENT MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE HAIR LOSS TREATMENT INDUSTRY
2.2. KEY
INSIGHTS
2.2.1. EFFORTS
TO DEVELOP STEM CELL HAIR TRANSPLANTATION METHOD
2.2.2. DEVELOPMENT
OF ROBOT HAIR RESTORATION SYSTEM
2.2.3. INTENSIVE
RESEARCH ON 3D PRINTING TECHNOLOGY FOR HAIR
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. ACQUISITIONS
2.6.2. PRODUCT
DEVELOPMENTS
2.6.3. CONTRACTS
& AGREEMENTS
2.6.4. INVESTMENT
& EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. RISE
IN CASES OF AUTOIMMUNE DISEASE
2.7.2. HIGH
CONSUMPTION OF ALCOHOL AND TOBACCO
2.7.3. UNHEALTHY
DIETARY HABITS
2.7.4. STRESS
AND CHANGING LIFESTYLES
2.8. MARKET
CHALLENGES
2.8.1. RISK
OF INFECTION OR SIDE EFFECTS
2.8.2. HIGH
COST OF TREATMENT
2.9. MARKET
OPPORTUNITIES
2.9.1. R&D
IN HAIR CLONING TECHNOLOGY
2.9.2. DEVELOPMENT
OF BARICITINIB
3. LATIN
AMERICA HAIR LOSS TREATMENT MARKET OUTLOOK – BY GENDER
3.1. FEMALE
3.2. MALE
4. LATIN
AMERICA HAIR LOSS TREATMENT MARKET OUTLOOK – BY INDICATIONS
4.1. ANDROGENIC
ALOPECIA
4.2. ALOPECIA
AREATA
4.3. ALOPECIA
TOTALIS
4.4. OTHER
INDICATIONS
5. LATIN
AMERICA HAIR LOSS TREATMENT MARKET OUTLOOK – BY TREATMENT TYPE
5.1. TOPICAL
HAIR LOSS TREATMENT,
5.1.1. MINOXIDIL
5.1.2. SHAMPOOS
5.2. ORAL
HAIR LOSS TREATMENT
5.2.1. FINASTERIDE
5.2.2. OTHER
ORAL HAIR LOSS TREATMENT
5.3. OTHER
TREATMENT TYPES
6. LATIN
AMERICA HAIR LOSS TREATMENT MARKET OUTLOOK – BY SALES CHANNEL
6.1. DRUG
STORES & RETAIL PHARMACIES
6.2. HOSPITAL
PHARMACIES
6.3. ONLINE
PHARMACIES
7. LATIN
AMERICA HAIR LOSS TREATMENT MARKET – REGIONAL OUTLOOK
7.1. BRAZIL
7.2. MEXICO
7.3. REST
OF LATIN AMERICA
8. COMPETITIVE
LANDSCAPE
8.1. TEVA
PHARMACEUTICALS
8.2. MERCK
& CO
8.3. CIPLA
LIMITED
8.4. JOHNSON
& JOHNSON
8.5. SUN
PHARMACEUTICAL INDUSTRIES LTD
8.6. CONCERT
PHARMACEUTICALS INC
8.7. SHISEIDO
COMPANY LIMITED
8.8. TAISHO
PHARMACEUTICAL CO LTD
8.9. DR
REDDYS LABORATORIES
8.10. THE
HIMALAYA DRUG COMPANY
8.11. TRANSITIONS
HAIR PVT LTD
8.12. LEXINGTON
INTERNATIONAL LLC
8.13. ACLARIS
THERAPEUTICS
8.14. CELLMID
8.15. DAIICHI
SANKYO
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF ACQUISITIONS
TABLE 4: LIST OF PRODUCT
DEVELOPMENTS
TABLE 5: LIST OF CONTRACTS
& AGREEMENTS
TABLE 6: LIST OF INVESTMENT
& EXPANSIONS
TABLE 7: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY GENDER, 2021-2028 (IN $ MILLION)
TABLE 8: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY INDICATION, 2021-2028 (IN $ MILLION)
TABLE 9: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY TREATMENT TYPE, 2021-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY TOPICAL (TREATMENT) TYPE, 2021-2028 (IN $ MILLION)
TABLE 11: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY ORAL (TREATMENT) TYPE, 2021-2028 (IN $ MILLION)
TABLE 12: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY SALES CHANNEL, 2021-2028 (IN $ MILLION)
TABLE 13: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: PREVALENCE OF
DIAGNOSED AUTOIMMUNE CONDITIONS IN SELECTED COUNTRIES IN 2019
FIGURE 3: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY GENDER, 2020 & 2028 (IN %)
FIGURE 4: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY FEMALE, 2021-2028 (IN $ MILLION)
FIGURE 5: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY MALE, 2021-2028 (IN $ MILLION)
FIGURE 6: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY INDICATIONS, 2020 & 2028 (IN %)
FIGURE 7: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY ANDROGENIC ALOPECIA, 2021-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY ALOPECIA AREATA, 2021-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY ALOPECIA TOTALIS, 2021-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY OTHER INDICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 11: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY TREATMENT TYPE, 2020 & 2028 (IN %)
FIGURE 12: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY TOPICAL HAIR LOSS TREATMENT, 2020 & 2028 (IN %)
FIGURE 13: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY TOPICAL, 2021-2028 (IN $ MILLION)
FIGURE 14: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY MINOXIDIL, 2021-2028 (IN $ MILLION)
FIGURE 15: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY SHAMPOOS, 2021-2028 (IN $ MILLION)
FIGURE 16: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY ORAL HAIR LOSS TREATMENT, 2020 & 2028 (IN %)
FIGURE 17: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY ORAL, 2021-2028 (IN $ MILLION)
FIGURE 18: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY FINASTERIDE, 2021-2028 (IN $ MILLION)
FIGURE 19: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY OTHER ORAL HAIR LOSS TREATMENT, 2021-2028 (IN $ MILLION)
FIGURE 20: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY OTHER TREATMENT TYPES, 2021-2028 (IN $ MILLION)
FIGURE 21: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY SALES CHANNEL, 2020 & 2028 (IN %)
FIGURE 22: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY DRUG STORES & RETAIL PHARMACIES, 2021-2028 (IN $ MILLION)
FIGURE 23: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY HOSPITAL PHARMACIES, 2021-2028 (IN $ MILLION)
FIGURE 24: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, BY ONLINE PHARMACIES, 2021-2028 (IN $ MILLION)
FIGURE 25: LATIN AMERICA HAIR
LOSS TREATMENT MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 26: BRAZIL HAIR LOSS
TREATMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 27: MEXICO HAIR LOSS
TREATMENT MARKET 2021-2028 (IN $ MILLION)
FIGURE 28: REST OF LATIN
AMERICA HAIR LOSS TREATMENT MARKET 2021-2028 (IN $ MILLION)