However there can be many other causes of alopecia like health conditions cancer, arthritis, hypertension and depression. The problem of abrupt hair loss dents the attractive look and forces them to look older than age. Even baldness dent their self esteem and confidence so people seek for the treatment that can restore their looks and hair permanently. It is the prime reason that demand for hair transplant in Australia is increasing with the passage of time.
Many studies have been conducted for the analyzing the position of alopecia market according to changing trends, market size and forecast, threats, trends and opportunities in available in the market. Overview of alopecia treatment market Most of the men that are suffering from hair loss are victims of Androgentic alopecia. According to report more than 90% men are suffering from this male pattern baldness even in their early age of 30s- 40s. Even as per the report of American association approximately 800 thousand people are taking treatment for their hair loss issue all over the world. This drastic rise in the alopecia market can be due to increase in population, increasing problem of stress and depression in the youngsters due to their life style and consciousness for the outer personality are the main factors that are contributing in the rise of alopecia treatment market. Even these factors are expected to drive the demand in the coming years also. Apart from this people have sufficient disposable income and advancements in the hair treatment services and competition in the market have raised the demand for surgical hair restoration. Even due to increase in the number of hair clinics this surgical treatment is at an easy access for the person that is also important factor for increasing the demand for alopecia treatment. However there are some threats in the market due to expected rise in the cost of treatment and potential side effects of alopecia treatment but studies have claimed that technological advancements in the field will outweigh the threats in the market and bring opportunities for growth in the coming years.
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