Hair Restoration Market: 3 Popular Restoration Techniques

 According to Inkwood Research, the global hair restoration market is expected to record a CAGR of 14.16% during the forecast period, 2022-2030. Hair restoration is a cosmetic procedure performed for significant hair loss, bald spots, and thinning hair. The rising prevalence of hair loss conditions like alopecia primarily drives hair restoration procedures.

 

In this regard, here are 3 popular hair restoration techniques:

·       Follicular Unit Transplant (FUT / STRIP)

The Follicular Unit Transplant technique, also known as the ‘strip method,’ is a highly practiced and well-established surgical method for hair restoration. It is a technique wherein a thin strip of healthy hair-bearing skin is collected from a permanent scalp area, typically at the back of the head, and transplanted to a hair loss area. The cost of FUT varies with regard to the patient and the area of baldness. It is generally calculated per the size of the recipient area.

The best candidates for FUT are men with androgenic alopecia (male pattern baldness). The surgery helps cover a receding hairline brought on by alopecia. Moreover, the surgery is considered safe and can give a natural look.

 

Advantages of Follicular Unit Transplant (FUT):

§  Natural Look

§  Requires few sessions even for larger bald patches

§  Low Resection Rate

§  Perfect Imitation

§  Saves Time

 

·       Follicular Unit Extraction (FUE)

In the Follicular Unit Extraction technique, an individual follicular unit is randomly culled from the scalp from the donor areas with less noticeable thinning. The two FUE hair transplant types include Robotic FUE and Manual FUE.

A manual FUE hair transplant is performed by a physician using handheld devices for individual hair follicles extraction. Whereas in the robotic FUE procedure, the physician uses a robotic hair transplant device. The desired donor area is mapped by the physician after selecting the required amount of area. The harvesting step is then completed by the ARTAS robot.

Such technological innovations make the procedure safer and faster and add advantages to the procedure, positively impacting the FUE segment growth. For instance, Venus Concept Inc merged with Venus Concept Ltd and added ARTAS System to the latter’s device portfolio.

Advantages of FUE:

§  Undetectable Scarring

§  Less Discomfort

§  Affordability

§  Faster Recovery

§  Advanced Technology

 

·       Laser Therapy

Laser therapy, often associated with removing body hair, is becoming increasingly popular as a medical procedure for hair loss. In this regard, low-level laser therapy, also known as cold laser therapy and red light therapy, radiates photons into scalp tissues. The weak cells absorb these photons for hair growth. It is a less invasive, tolerable, safe, and widely accepted procedure. The theory is that low-dose laser treatments revitalize stimulation and circulation, invigorating hair follicles to grow.

The laser therapy segment growth is attributed to the growing research and product launches & developments. For instance, LG Electronics Inc launched a hair loss treatment device in South Korea in October 2020. Also, advanced products like REVIAN uses the power of light for hair regeneration through the body’s natural ability to fasten healing and renew cells that grow hair.

 

Hair Restoration Market Future: A Patchy Road Ahead?

Cosmetic surgeries and procedures have attempted to ease the hair loss burden in the last decade. However, hair transplants and surgeries are expensive, and at times, painful. Consequently, there have been attempts to apply the latest advancements in genetic engineering to the age-old problem of baldness. This has resulted in the creation of new hair-forming cells that can restore the ability to grow hair, as per an MIT Technology Review blog.

Besides, some researchers are using the techniques to grow human hair cells in labs and animals. For instance, dNovo, a startup, has managed to sprout a thick cluster of human hair in a mouse through the transplant of human hair stem cells. As per the startup’s founder, they can produce the components of hair follicles by genetically ‘reprogramming’ ordinary cells like fat or blood cells. Moreover, they are hopeful that this could eventually treat hair loss’ ‘underlying cause.’

However, as per experts, more than adequate research is warranted before arriving at this vantage point. Given that the current scenario of hair loss treatments is perhaps brighter than before, there are still some fundamental questions regarding the science of hair growth that need to be answered. For now, the growing innovations for hair restoration procedures influence the global hair restoration market growth opportunities.

 

FAQs:

·        What causes hair loss?

A: Alopecia is the leading cause of hair loss. It is caused by an inherited genetic predisposition that causes hair fall with age. The other causes include autoimmune disorders, scalp psoriasis, medications & treatments, scalp infection, and hormonal imbalance.

·        Which are the key players in the global hair restoration market?

A: Aderans Company Limited, Elite Hair Restoration, and Bernstein Medical are among the key players in the global hair restoration market.