What is the market size for hair restoration surgery world wide? How
many procedures are done yearly? Average cost (and range) of
the procedure? Any growth/geography trends? Who are the major players in the
field (i.e. clinic chains like Bosley)? [Questions in order of importance]

www.ishrs.org is the prominent physicians organization for hair restoration.

Some (semi-relevant) research on male pattern baldness done here
http://answers.google.com/answers/threadview?id=472466

One physician told me that only 2% of balding people seek treatment
and yet it is a $2-3B dollar market (not surgery all ?serious?
treatments) this study was done by Merck any links to this study would
be useful

---

Request for Question Clarification by pafalafa-ga on 23 Aug 2005 04:53 PDT

abnt-ga,

I've begun looking into your question.  It is apparent that the data
that are available are limited, and what is out there pertains to the
US, rather than to the whole world.

Would US statistics meet your needs?  If so, I think I can provide:

--an estimate of the number of procedures performed per year

--the average cost of the procedure, as well as a range of costs

--the breakdown bewteen age groups, and between men and women having
hair transplant/restoration surgery

--the relation of hair surgery to other cosmetic procedures (e.g.
what's done more frequently, hair restoration surgery, or
liposuction?).



Let me know if those sort of stats would meet your needs.


pafalafa-ga

---

Clarification of Question by abnt-ga on 23 Aug 2005 10:07 PDT

That would be a good start and acceptable but any worldwide data you
can come by or any extrapolation figures/estimates would be useful
too. TY.

---

Request for Question Clarification by pafalafa-ga on 23 Aug 2005 19:07 PDT

abnt-ga,

Thanks for getting back to me on this.  

I've found quite a good deal of useful information on the US market. 
I'll continue to take a look around, to see what else pops up for the
US as well as the world as a whole.  Don't get your hopes up, though,
for a heck of a lot of non-US data...I'm just not finding any yet.

It may be a few days before I can consolidate what I have and get back
to you with a formal answer.  So, if no other researcher steps forward
with anything sooner, just sit tight, and I'll get back to you ere
long.

paf

---

Clarification of Question by abnt-ga on 24 Aug 2005 21:49 PDT

I am absolutey fine with US data and anything else you find on
worldwide thrown in "as a bonus". Any inkling on the Merck study if
you come by it (showing that only a small percantage of bald people
seek treatment hence there is large upside market potential

<I have found sources of information on the US, UK, Indian and Japanese markets. 

US market

In 2004, 19,503 hair transplantation procedures were carried out in
the U.S. Source: American Society for Aesthetic Plastic Surgery
(ASPS).
http://surgery.org/press/news-release.php?iid=395

Age distribution for hair transplantation.
18 and under ? 0
19 to 34 -  3,777
35 to 50 ? 13,242
51 to 64 ? 5,583
65 plus ? 286

National average surgeon fees - $3,690
Total expenditure - $84,464,886
There is also a table showing how the fees differ in each region, for
example in New England and Mid-Atlantic the fees are 10% higher.
Source: American Society for Aesthetic Plastic Surgery (ASPS).
http://www.surgery.org/download/2004-stats.pdf

In 2003 14,981 hair transplantation procedures were carried out.
Source: American Society for Aesthetic Plastic Surgery (ASPS).
http://www.surgery.org/download/2003men.pdf

The ASPS has statistics dating back to 1997. 
http://www.surgery.org/press/statistics.php

------------------------------------------------------------
Major players.
Bosley Medical holds just under 10% of the hair transplant market in
the U.S. It aims to expand this share and go public within three
years. It also intends to set up in Canada and Mexico. It also says
that demand for hair transplants in Japan presents huge potential and
may become the biggest component of market growth.
69 locations in U.S, Mexico and Canada. Source: Aderans Annual Report 2005.
http://www.aderans.co.jp/e/company/investors/pdf/2005ar.pdf


Bosley Medical Institute Inc. holds about 10% of the hair transplant
market with net sales of $65 million for the fiscal year ended
December 31, 2002.
The company plans to introduce Bosley Medical?s hair transplant
services to Japan. Source: Aderans Annual Report 2003
http://www.aderans.co.jp/e/company/investors/pdf/2003ar.pdf

Bosley has performed over 180,000 hair restorations on people from
more than 60 nations since 1974. Source: Bosley.
http://www.bosley.com/

Medical Hair Restoration.
This company has 42 locations in the U.S. Source: Medical Hair Restoration.
http://www.medicalhairrestoration.com/pressroom_05_01_04.html

---------------------------------------------------

UK Market
Mindbranch has a report about the UK market for cosmetic surgery which
includes information on the hair transplantation sector. Published by
Key Note. August 2004. Price £380.00. The UK cosmetic surgery industry
has experienced strong growth over the past five years and between
2002 and 2003 grew by 9.4%.
http://www.keynote.co.uk/kn2k1/CnIsapi.dll?nuni=47801&usr=11960srv=03&alias=kn2k1&uni=1124977643&fld=K&noLog=1&frompage=DynAZ&collapseLevel=0&key=1585

Indian market
In the last three years hair transplants have increased by 20%. A
study carried out on the urban population of Bangalore found that 20%
of people visit clinics and demand hair transplants.
http://timesofindia.indiatimes.com/articleshow/1198576.cms

In India baldness is on the increase due to high stress and high
pressure jobs. It is affecting young men of marriageable age and
causes problems as it is a social stigma. Most patients are aged
between 25 and 30. They pay up to Rs 40,000 (about $970). Source: No
bad hair days for these guys! Kanak Hirani Nautiyal. Times News
Network.
http://timesofindia.indiatimes.com/articleshow/msid-527612,prtpage-1.cms>

Japanese market
Aderans opened its first clinic in Japan in 2004. They plan to open
clinic in 8 locations by within 5 years. They have identified two
major issues that affect further expansion. These are finding a way to
make society receptive to hair transplants and finding and retaining
skilled surgeons. The U.S. market is worth Yen80 billion to Yen 100
billion and is estimated to be between Yen 40 billion and Yen 50
billion ($0.45 billion) in Japan. Source: Aderans Annual Report 2004.
http://www.aderans.co.jp/e/company/investors/pdf/2004ar.pdf

--------------------------------------------------------
Market potential

Current market penetration is under 1%.
Source: The Future for Hair Transplantation by William R. Rassman MD.
http://www.newhair.com/resources/mp-2003-future-ht.asp

Only 5 percent of young boomers would consider a hair transplant.
Source: Del Webb, Pulte Homes.
http://pulte.com/pressroom/2004BabyBoomer/BabyBoomerSummary.pdf

Merck study
Effects of Self-Perceived Hair Loss in a Community Sample of Men.
http://www.propecia.co.nz/library/pdf/girman.pdf


Search strategy:

<Society for Aesthetic Plastic Surgery>
<://www.google.com/search?hl=en&lr=&rls=GGLD%2CGGLD%3A2005-17%2CGGLD%3Aen&q=Society+for+Aesthetic+Plastic+Surgery+&btnG=Search>

<statistics "hair transplants">
<://www.google.com/search?hl=en&lr=&rls=GGLD%2CGGLD%3A2005-17%2CGGLD%3Aen&q=statistics+%22hair+transplants%22>

<"hair restoration surgery" billion>
<://www.google.com/search?hl=en&q=%22hair+restoration+surgery%22+billion>

<"bosley medical" "market share">
<://www.google.com/search?hl=en&lr=&q=%22bosley+medical%22+%22market+share%22>

<merck study percent "seek treatment" balding>
<://www.google.com/search?hl=en&lr=&rls=GGLD%2CGGLD%3A2005-17%2CGGLD%3Aen&q=merck+study+percent+%22seek+treatment%22+balding>

<"would consider a hair transplant">
<://www.google.com/search?hl=en&lr=&rls=GGLD%2CGGLD%3A2005-17%2CGGLD%3Aen&q=%22would+consider+a+hair+transplant%22>


<Hope this helps.>

i worked in a non medical position at Bosley Medical for a couple
years. i believe their are some stats online about their sales
figures/growth that were made public on an anti Bosley site 
www.bosleymedical.com   Getting their figures would be a very good
start to estimate market size of course. The other large 'chain'
competing with Bosley, is MHR out of FL.  Working as a Patient
Services Rep there with the goal of scheduling initial patient
consults was a very interesting gig. No regrets despite acknowledging
some people have legitimate gripes... but i'd guess 98 % of their
patients leave happy.  I've seen first hand phenomenal results.   
BTW, this isn't intended to be a "reviewer quality' reply, just my
misc observations.

yikes... the word is "there" not their.  sheepishly...