Global Alopecia Therapeutics Market: Industry Analysis and Forecast (2020-2026)
Global Alopecia Therapeutics Market is expected to reach $XX Mn by 2026 from $XX Mn in 2019, at a CAGR of 9.6% during forecast period. Global Alopecia Therapeutics Market Overview: Alopecia is a condition that leads to severe hair loss or damage, which is caused by certain nutritional problems or medical conditions. It is a type of autoimmune disorder that results in bald spots and partial or complete hair loss. Global Alopecia Therapeutics Market Dynamics: The rising prevalence of alopecia all over the world is expected to boost demand for alopecia treatment drugs. According to the data published, alopecia affects about 0.7 to 3% of the population in the United States and about 2% of the population in the United Kingdom. Other factors such as the increasing prevalence of chronic diseases around the world, stress disorder, Polycystic Ovary Disease (PCOD), hyperthyroidism, hypothyroidism, cancer, and hypopituitarism also result in Alopecia, which in turn aids the market growth for Al