The global hair loss treatment market is predicted to grow at a CAGR of approximately 5% from 2021 to 2026. The increasing number of factors contributing to hair loss, such as the aging population, stressful lifestyles, and nutritional imbalances, are driving the growth of the market. Amid growing interest in healthcare and demand for therapies with fewer side effects, including regenerative medicine, the wearable device ``niostem'' was introduced in May 2023, as if to meet this demand.