It in a sense bucks the trend a little bit because in the cosmetic surgery industry, the costs associated with cosmetic surgery procedures don’t seem to be coming down on any scale, if at all, but the cost of a hair transplant on the other hand seems to be headed ever lower. Okay, perhaps a hair transplant is a much more “natural” form of cosmetic surgery, so that’s probably one of the reasons why the costs of such a treatment seem to be headed in the opposite direction to some treatments in the same field. It’s good news all round for the average-Joe on the street however, because this means that more people with hair loss issues can actually get the help they need without breaking the bank. It makes for some interesting reading to explore the exact reasons behind the falling costs of a procedure which would otherwise see a rise in costs, in line with other treatments offered by the cosmetic enhancements industry.
Cheaper, more effective hair transplant procedure
Many of the costs associated with the medical industry as a whole are escalated as a result of some form of scarcity. Developing new medication for instance takes a lot of money and effort to eventually have a tablet or any form of treatment hitting the OTC medications shelves or forming part of a doctor’s prescription stock. There are a lot of regulations to get through, in addition to clinical trials and extensive research, but when the new treatment eventually circulates, the consumer effectively retro-pays for all the investment which went into its development.
In the case of the hair transplant branch of the field however, the costs are mostly based on how long the surgical procedure itself costs, so the surgeon is typically being compensated for the amount of time they take to deploy their expertise in completing the procedure. That’s one of the main reasons why a hair transplant is effectively more affordable than just a few years ago, in that the procedure has become more effective, requiring much less time than previously. Technically speaking, Follicular Unit Transplantation (which was based on strip harvesting) has been replaced by Follicular Unit Extraction in which hair follicles are extracted from identified donor regions and then transferred to those areas identified as needing to be replenished. Basically the technological advancements associated with this procedure make it much more effective and cheaper, with the reduced costs proportionately passed on the end-patient.
Mass consumer-based payment models
It used to be that if you wanted a cosmetic procedure done, your medical insurance would not cover it and you had to pay out of pocket, which is why cosmetic procedures are generally associated with celebrities and other financially elite members of society. Now because of the widespread need for procedures such as a hair transplant, establishments offering these specialised services are opening up to a more mass consumer based system of payment. You can get your hair transplant at a reasonable fee which can be paid over a period of twelve months, for instance, interest-free as well if you get it done via the likes of Harley Street Hair Clinic.