1. How a botched hair transplant put Rs 1.25 lakh cr beauty biz in India under scanner

How a botched hair transplant put Rs 1.25 lakh cr beauty biz in India under scanner

Botched Chennai hair transplant brings beauty & wellness biz in India, estimated at Rs 1.25 lakh crore, under lens.

By: | New Delhi | Updated: June 12, 2016 7:52 AM
As per a report published by Frost & Sullivan in 2013, the Indian hair transplant market alone was estimated at Rs 453 crore in 2012-13. (Reuters) As per a report published by Frost & Sullivan in 2013, the Indian hair transplant market alone was estimated at Rs 453 crore in 2012-13. (Reuters)

THE TRAGIC death of a 22-year-old medical student in Chennai in a botched hair transplant surgery has brought the cosmetic treatment industry, which is mostly unregulated in the country, under the scanner. However, business is booming as more and more Indians take to the idea of botox, liposuction, tummy tucks, breast enhancement and hair transplants.

As per a report published by Frost & Sullivan in 2013, the Indian hair transplant market alone was estimated at Rs 453 crore in 2012-13. The consulting firm had projected the market to grow at a compound annual growth rate (CAGR) of over 25% in the following years. Industry observers believe the figure has crossed well over Rs 800 crore now. The unorganised sector — mainly doctor-owned and managed stand-alone centres — accounts for 80% of the market. The rest is dominated by corporate chains and multi-specialty tertiary-care hospitals.

Also Read: Bacteria’s hair can conduct electricity like copper

Overall, the beauty and wellness industry in India for products and services jointly stands at an estimated Rs 1.25 lakh crore, as per another report by Frost & Sullivan, with it growing at a CAGR of 18-20% in the past three to five years.

Normally, procedures like hair transplants are not considered life-threatening. As per experts, hair restoration is an absolutely safe procedure — the problem arises only when some centres, often masquerading as beauty parlours, spas and hair treatment centres, go unregulated.

Gr1

In the recent incident, for instance, Advanced Robotic Hair Transplant Centre in Chennai — the centre where the student apparently underwent the procedure — had obtained a licence only to run a hair salon, which, incidentally, expired two months back. Despite having qualified doctors, the centre lacked the infrastructure to handle any complications resulting due to a surgery, say reports.

“Hair transplant is a very simple procedure. However, even a simple procedure can go wrong if basic hygiene and medical protocols are not followed,” says Dr Akshay Batra, managing director and vice-chairman of the Dr Batra’s group of companies, which specialises in homeopathic treatments, but is big on hair transplants. He adds: “Patient selection plays a very important role to make sure a hair transplant procedure is done successfully. We strongly believe that there is no one-size-fits-all solution to hair loss and each patient is treated on a case-by-case basis. We ensure that our patients undergo medical tests before undergoing the procedure.”

As per US-based market research firm Research and Markets, the estimated size of the cosmetic surgery industry is worth approximately Rs 460 crore, with the maximum revenue contributed by invasive or surgical procedures, as their costs are comparatively higher than the non-invasive procedures.

As per a survey conducted by Max Super Speciality Hospital, Saket, in December last year, 53% of the
people opting for such procedures viewed cosmetic surgery as an investment. “This is a definite proof that people are now looking at plastic surgery as a valid scientific means of improving appearance,” the survey noted. The survey involved an analysis of the evolving attitude of more than 700 residents from Delhi and the National Capital Region (NCR) towards cosmetic plastic surgery.

  1. Gurleen singh
    Feb 23, 2017 at 1:33 pm
    There is no surprise that hair transplant industry has more market area compare to cosmetic surgery as in India hair loss trouble is more than cosmetic. In fact I also had a hair fall Issue and had FUE hair transplant at "Gargclinic".
    Reply
    1. A
      Alice sterling
      Jun 13, 2016 at 1:07 pm
      Hair Loss can be caused by both emotional and physical stresses such as a serious illness. It is possible that stress induces hormonal changes that are responsible for the hair loss. Genes play a vital role in hair loss , there are usually other reasons as well, including, hormonal imbalances, an under-active thyroid gland, nutritional deficiencies and insufficient blood circulation in the scalp. Hair loss is a mammoth problem that many people are suffering from. hair-transplant.youthfulsecrets
      Reply
      1. Ila Kana
        Aug 30, 2016 at 1:30 pm
        Peoria Cosmetic Surgery is a good choose if you want cosmetic surgery. Why choose us? We love our job and we do it well. The quality of our work is very good. You will feel good here, because we care about our patients and your safety always comes first. More information you can see in our website:
        Reply
        1. R
          Radiance Cosmedic
          Dec 20, 2016 at 6:33 am
          When someone decides to get cosmetic surgery the only concern they have is the final outcome and that is it is important to select the best surgeon who will deliver results. In Delhi NCR and Ahmadabad the best cosmetic surgeon is Dr. Mayank Singh who is the head of Radiance Cosmedic center for excellence in cosmetic surgery. He is one of the few board certified plastic surgeons in India and is also the leading authority in aesthetic and natural hair transplant for men and women.
          Reply
          1. Rahul Mehlawat
            Dec 22, 2016 at 5:37 am
            Cosmetic surgery help people because it can change their lives by making some alteration to their body and that helps the boost their confidence. Cosmetic procedures like hair transplant, liposuction to get rid of excess fat from different parts of the body and breast enhancement, breast reduction and breast lift have brought about change in the lives of people like never before. In India the best and the most affordable cosmetic clinic is Enhance Clinics where you will have access to world cl facility along with world cl doctors.
            Reply
            1. Load More Comments

            Go to Top