Sales of topical minoxidil rise with interest in hair loss
By | translator Alice Kang
22.06.14 06:16:53
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Minoxidil market grows 22% in line with rising demand for early hair loss treatment
Rogaine Foam’s sales surge 89% last year… records 2nd place this year with a 119% increase
Differentiated convenience of use with a foam-type formulation… consumer-friendly marketing also makes effect
▲(From the left) Rogaine, Mynoxyl, Dongsung Minoxidil
The market for minoxidil topical solutions that are applied directly to the scalp continued on its strong growth, with marked growth shown by the foam-type Rogaine Foam among the three major products in the market.According to the market research institution IQVIA on the 14th, the minoxidil topical solution market had raised ₩4.6 billion in 4 months from January to April this year, a 36% YoY increase from the ₩3.4 billion made in the same period last year.
The minoxidil market expanded rapidly with the rise in younger hair loss patients and the increasing perception that the condition needs to be managed in its early stages. Minoxidil, a topical medication that is directly a
(same@dailypharm.com)
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