It has been widely reported that hair loss can affect your self- esteem and most possibly one’s success in life. Hair plays a significant role in determining some social perceptions, physiological functioning and determining self-image.
Studies in approximately 5 European countries were conducted on the impact of hair loss. The study was performed in a structured questionnaire of closed-ended questions. Out of over 1500 men surveyed, 729 (47%) reported hair loss. Over 70% of these men reported hair to be a very important feature of image, 62% agreed that hair loss affects their self-esteem. The realization that they were losing their hair was linked to losing an important part of personal attractiveness (43% of men) fear of becoming bald (42%), negative effects on social life (22%), and feelings of depression (21%). 38% of the men that were not in a stable romantic relationship reported a 38% reduction in self-confidence and personal attractiveness.
3out of 4 men had never pursued any treatment for hair loss. Those men who pursued treatment via surgical or non-surgical methods reported psychological benefits of 43-59% and reported improvements in self-esteem and their perception of personal attractiveness.