FELTON, California,
May 20, 2019 /PRNewswire/ -- The
global Scar Treatment Market size was worth USD 13.8 billion in 2015 which is anticipated to
grow at a CAGR of more than 9.7% during the forecast period.
Esthetic appearance among people is one of the major factors
driving market growth. Scar treatment helps enhance the esthetic
appeal of an individual through skin rejuvenating. Women are more
concerned about esthetics, hence are expected to form the largest
customer base for this market.
Another major factor contributing to the growth of this market
is the rising number of road accidents. According to WHO,
approximately 10 million people are injured in road accidents every
year. This gives rise to high need for scar treatment products,
such as topical products that help in reducing the scars
effectively. Road accidents also increase the need for cosmetic
surgical treatments, which in turn leads to high demand for laser
instruments.
Rising incidence of burn injuries also supports the growth of
this market. Burn injuries contort the appearance of the victim,
leaving noticeable hypertrophic burn marks. People with high
disposable income, often go for surgical treatment to get rid of
such marks. Thus, scar removal products help in treating burn
injuries.
Technological advancement, such as laser therapy is also
accelerating the growth of this market. For instance, Cynosure came
up with MedLite C6, a Q-switched laser device, which is used for
treating acne and other skin diseases. These laser devices help in
treating the marks by destroying the scar tissue. Reconstructive
and plastic surgery is also considered as a part of the surgical
laser treatment procedure, which has further expanded the market
growth.
Get Sample PDF and read more details about the
"Scar Treatment Market" Report 2025.
Product Insights
Based on product, topical products held the largest market share
in 2016 and are expected to witness an attractive growth over the
forecast period. It is due to the easy availability of these
products Over-the-Counter (OTC), for instance, topical creams, gels
and oils. Due to this reason, topical products are greatly used as
a treatment for scars.
Laser products are expected to witness a lucrative growth over
the forecast period. This is due to the fact that non-invasive
therapy facilitates less pain and discomfort. Laser-based cosmetic
surgeries are also increasingly preferred by the patients who are
experiencing stretch marks, acne and keloid.
Scar Type Insights
Based on scar type, atrophic scars dominated the market in 2015.
This is because it majorly comprises acne scars. Most of the
people, especially women are concerned about acne. Hence, there is
a high demand for OTC products such as gels and topical creams for
treating acne, thereby, making it a strong segment.
Hypertrophic and keloid scars also held significant market share
in 2015 owing to the growing number of wound injuries leading to
these marks. OTC products such as silicone gels, topical creams and
silicone gel sheets assist in minimizing the visibility of these
marks.
End Use Insights
Based on end-use, the market is segmented into clinics,
hospitals, e-commerce, and retail pharmacies. Among them, hospitals
dominated the market in 2015. This is due to the wide usage of
laser instruments, steroid injections and topical creams and gels
in the hospital settings. Availability of specialists in the
hospital also contributes to the growth of this segment.
E-commerce/retail pharmacies are expected to witness lucrative
growth over the forecast period. Online websites provide a wide
variety of scar treatment products such as steroid injections,
topical creams & gels and portable laser instruments. It also
offers numerous lucrative offers and discounted prices, which
further raises the growth of this segment. In retail pharmacies,
topical products are available easily, which facilitates easy
accessibility of scar treatment products.
Regional Insights
Based on region, North America
held the largest market share in 2015. This is due to the growing
acceptability of technologically advanced products and high concern
among people regarding esthetic appeal. Huge demand for advanced
laser instruments in the U.S. also drives the growth of this
region.
Asia Pacific is expected to
witness a lucrative CAGR over the forecast period due to the rising
incidence of road accidents in country like India. In addition, rising disposable income
in these countries is also anticipated to contribute to the growth
of this region.
Competitive Insights
Some of the major companies of the market are Lumenis; Mölnlycke
Health Care; NewMedical Technology, Inc.; Sonoma Pharmaceuticals,
Inc; Smith & Nephew plc; CCA Industries Inc.; Suneva Medical,
Inc.; Enaltus LLC; Merz Inc. and Scarheal, Inc.
The key companies go for strategic initiatives such as regional
expansion, development of new products with improvised technology
and mergers & acquisitions. For instance, Lumenis acquired
Pollogen in 2015, in order to expand its product portfolio in the
field of esthetics.
Browse 90 page research report with TOC on "Global Scar
Treatment Market" at:
https://www.millioninsights.com/industry-reports/scar-treatment-market
Market Segment:
- Product Outlook (Revenue, USD Million; 2014 - 2025)
-
- Topical Products
-
- Creams
- Gels
- Silicon Sheet
- Others
- Laser Products
-
- CO2 Laser
- Pulse-dyed Lase
- Others
- Injectables
- Others
- Scar Type Outlook (Revenue, USD Million; 2014 -
2025)
-
- Atrophic Scars
- Hypertrophic and Keloid Scars
- Contracture Scars
- Stretch Marks
- End-Use Outlook (Revenue, USD Million; 2014 - 2025)
-
- Hospitals
- Clinics
- Retail Pharmacies/ E-commerce
- Regional Outlook (Revenue, USD Million; 2014 -
2025)
-
- North America
-
- Europe
-
- Asia Pacific
-
- Latin America
-
- MEA
-
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