Key findings
- Androgenetic alopecia affects an estimated 50 million men and 30 million women in the United States.
- 42% of men aged 18 to 49 have moderate to extensive hair loss, rising to 53% of men aged 40 to 49.
- There were an estimated 8,845,007 US finasteride prescriptions in 2024, at an average out-of-pocket cost of $9.88 per prescription.
- First-time oral minoxidil prescriptions rose from 0.5 to 0.9 per 10,000 outpatient encounters after an August 2022 New York Times article.
- The worldwide market for hair restoration surgery was $4.5 billion in 2021.
How many people have hair loss?
men in the United States are estimated to have androgenetic alopecia (male pattern hair loss)1
women in the United States are estimated to have androgenetic alopecia (female pattern hair loss)1
of men over age 50 have some degree of hair loss1
estimated lifetime risk of alopecia areata, an autoimmune form of patchy hair loss2
Population-based study in Olmsted County, Minnesota, 1975-1989.
person-years was the incidence of alopecia areata, with similar rates in both sexes and across ages2
About 7% of cases were estimated to evolve into severe, chronic hair loss.
How common is male pattern baldness by age?
of men aged 18 to 49 had moderate to extensive hair loss (Norwood type III or greater)3
Community-based sample of healthy men assessed by a trained observer.
of men aged 18 to 29 had moderate to extensive hair loss3
of men aged 40 to 49 had moderate to extensive hair loss3
of men aged 18 to 49 had predominantly frontal baldness3
of men aged 80 and over had mid-frontal hair loss4
Population study in Maryborough, Victoria, Australia.
How common is female pattern hair loss?
of women under 50 were diagnosed with female pattern hair loss5
377 women attending a general dermatology clinic for complaints unrelated to hair.
of women aged 70 and over were diagnosed with female pattern hair loss5
of women aged 80 and over had mid-frontal hair loss4
Population study in Maryborough, Victoria, Australia; 64.4% of women overall had bitemporal hair loss.
increase in female hair restoration surgical patients treated by ISHRS members in 2024 compared with 20216
of surgical hair restoration patients treated by ISHRS members in 2021 were women7
87.3% were men.
How well do finasteride and minoxidil work, and how many people use them?
is the year the FDA approved Propecia (finasteride 1 mg) for male pattern hair loss8
Original approval dated December 19, 1997. Proscar (finasteride 5 mg) was approved in 1992 for enlarged prostate.
more than placebo in a 1-inch diameter area of balding scalp after 2 years of finasteride 1 mg a day9
Two 1-year trials of 1,553 men aged 18 to 41 with 1-year extensions; the difference was 107 hairs at 1 year, from a baseline of 876 hairs. Men on placebo had progressive hair loss.
more hair regrowth with 5% topical minoxidil than with 2% topical minoxidil after 48 weeks10
Randomized trial of 393 men aged 18 to 49.
estimated US prescriptions for finasteride in 2024, for an estimated 2,506,404 patients11
Derived from the Medical Expenditure Panel Survey; includes finasteride prescribed for enlarged prostate as well as hair loss.
weekly first-time oral minoxidil prescriptions per 10,000 outpatient encounters in the 8 weeks after vs before an August 18, 2022 New York Times article on low-dose oral minoxidil12
Among males the rate rose 2.4-fold (1.1 vs 0.5); among females 1.7-fold. Truveta EHR data on 6,541 first-time users.
of surveyed US dermatology practitioners supported using oral minoxidil for androgenetic alopecia13
201 respondents; 83% found oral minoxidil better than the topical form.
How much is spent on hair loss treatment?
was the total worldwide market for hair restoration surgery in 20217
nonsurgical hair loss patients sought treatment in 2021 according to the ISHRS practice census, up 14% from 2019, vs 628,604 surgical patients7
The three most commonly prescribed nonsurgical treatments were oral finasteride, topical minoxidil and platelet-rich plasma.
average out-of-pocket cost per finasteride prescription in the US in 202411
Average total drug cost was $25.13 per prescription ($0.37 per day of therapy).
increase in nonsurgical hair loss patients treated by ISHRS members since 202114
From the ISHRS 2025 Practice Census covering 2024.
average annual out-of-pocket healthcare costs for US adults with alopecia totalis or universalis vs matched controls15
Commercial and Medicare Supplemental claims, 2018 US dollars; total annual medical and pharmacy costs were $18,988 vs $11,030.
What are the safety concerns with finasteride?
reporting odds ratio for suicidality among finasteride users in the WHO global adverse event database16
Pharmacovigilance study of VigiBase with 356 suicidality reports; the signal was stronger in patients 45 or younger (3.47) and in those treated for hair loss (2.06), and reports rose after 2012, suggesting possible stimulated reporting.
cases involving compounded topical finasteride were reported to the FDA Adverse Event Reporting System between 2019 and 202417
FDA alert page current as of April 22, 2025. Reported events resembled those seen with oral finasteride.
of the topical finasteride products on the market are FDA-approved, alone or in combination with other ingredients17
reporting odds ratio for psychological adverse events such as depression and anxiety among finasteride users16
2,926 reports of psychological adverse events in VigiBase.
Hair loss statistics: FAQ
How many people have hair loss?
Androgenetic alopecia affects an estimated 50 million men and 30 million women in the United States, and more than 50% of men over age 50 have some degree of hair loss, according to MedlinePlus Genetics.
At what age do men start losing hair?
In a community study of men aged 18 to 49, 16% of men aged 18 to 29 already had moderate to extensive hair loss, rising to 53% of men aged 40 to 49.
How common is female hair loss?
Female pattern hair loss was diagnosed in 6% of women under 50 and 38% of women aged 70 and over in a British Journal of Dermatology study. An Australian population study found mid-frontal hair loss in 57% of women aged 80 and over.
Does finasteride work?
In two-year trials of 1,553 men, finasteride 1 mg a day produced 107 more hairs than placebo at 1 year and 138 more at 2 years in a 1-inch area of balding scalp, while placebo users kept losing hair.
How much does finasteride cost?
MEPS-based estimates put the average out-of-pocket cost at $9.88 per finasteride prescription in 2024, with an average total drug cost of $25.13.
Sources
- Androgenetic alopecia. MedlinePlus Genetics, US National Library of Medicine, 2023. government
- Incidence of alopecia areata in Olmsted County, Minnesota, 1975 through 1989 (Safavi KH et al.). Mayo Clinic Proceedings, 1995. peer-reviewed
- Prevalence of male pattern hair loss in 18-49 year old men (Rhodes T et al.). Dermatologic Surgery, 1998. peer-reviewed
- Prevalence of male and female pattern hair loss in Maryborough (Gan DC, Sinclair RD). Journal of Investigative Dermatology Symposium Proceedings, 2005. peer-reviewed
- Hair density, hair diameter and the prevalence of female pattern hair loss (Birch MP et al.). British Journal of Dermatology, 2001. peer-reviewed
- New Survey Finds Younger Adults, More Women Seeking Treatment for Hair Loss. International Society of Hair Restoration Surgery (via PR Newswire), 2025. industry
- ISHRS 2022 Practice Census Results. International Society of Hair Restoration Surgery, 2022. industry
- Drugs@FDA: Propecia, NDA 020788. US Food and Drug Administration (Drugs@FDA), 1997. government
- Finasteride in the treatment of men with androgenetic alopecia (Kaufman KD et al.). Journal of the American Academy of Dermatology, 1998. peer-reviewed
- A randomized clinical trial of 5% topical minoxidil versus 2% topical minoxidil and placebo in the treatment of androgenetic alopecia in men (Olsen EA et al.). Journal of the American Academy of Dermatology, 2002. peer-reviewed
- Finasteride - Drug Usage Statistics, United States, 2014 - 2024. ClinCalc DrugStats Database (based on AHRQ Medical Expenditure Panel Survey), 2026. industry
- Changes in Minoxidil Prescribing After Media Attention About Oral Use for Hair Loss (Goodwin Cartwright BM et al.). JAMA Network Open, 2023. peer-reviewed
- Survey of Dermatology Practitioners' Opinions and Prescribing Habits of Oral Minoxidil for the Treatment of Androgenetic Alopecia (Sanfilippo E, Friedman A). Journal of Drugs in Dermatology, 2024. peer-reviewed
- Worldwide Hair Restoration Trends (2025 Practice Census). International Society of Hair Restoration Surgery, 2025. industry
- All-cause health care resource utilization and costs among adults with alopecia areata: A retrospective claims database study in the United States (Mostaghimi A et al.). Journal of Managed Care & Specialty Pharmacy, 2022. peer-reviewed
- Investigation of Suicidality and Psychological Adverse Events in Patients Treated With Finasteride (Nguyen DD et al.). JAMA Dermatology, 2021. peer-reviewed
- FDA alerts health care providers, compounders and consumers of potential risks associated with compounded topical finasteride products. US Food and Drug Administration, 2025. government
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Lindy Health. “Hair loss statistics 2026: male and female pattern hair loss, finasteride, minoxidil and spending.” Updated October 18, 2026. https://lindyhealth.com/statistics/hair-loss-statistics/