The global Minoxidil Market is estimated to be valued at US$ 951.8 Million in 2020 and is expected to exhibit a CAGR Of 4.8% over the forecast period 2020-2027, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Minoxidil is a medication used for treating hair loss and promoting hair growth. It belongs to the class of drugs known as vasodilators and is available ... Read more
Minoxidil is an oral medication and topical solution that is primarily used for hair regrowth and treating hereditary hair loss conditions like androgenetic alopecia. It works by prolonging the anagen or growth phase of hair follicles and increasing hair production. The global minoxidil market is primarily driven by increasing hair loss issues among both men and women due to rising stress levels, unhealthy lifestyles, and genetic predisposition. Topical minoxidil solutions and foams are ... Read more
Minoxidil is used as a solution or topical lotion which helps regrow hair and slow down further hair loss. It works by directly stimulating hair follicles to enter the growing (anagen) phase and prevents conversion to the resting (telogen) phase to promote new hair growth. The growing penetration of hair loss treatment products and surging cases of hair loss problems in people due to changing lifestyle and dietary habits have accelerated the demand for minoxidil in the market.
The Minoxidil market is estimated to be valued at US$ 951.8 million in 2020 and is expected to exhibit a CAGR of 4.8% over the forecast period of 2020-2027, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The Minoxidil market revolves around the production and distribution of hair growth products, particularly those containing minoxidil as an active ingredient. Minoxidil is ... Read more
