The report on the Scar Treatment market report includes future industry Trends, Size, Share, Past, current data and deep analysis, and forecast. This market offers a coordinated and orderly methodology for the most important aspects that have influenced the market within the past and also the forthcoming market prospects on which the organizations can rely upon before investing. It furnishes with an affordable examination of the marketplace for better decision-making and assessment to place resources into it. The report analyses the weather and an entire detailed outlook of the most players that are likely to feature to the demand within the global Scar Treatment market within the upcoming years.
The market study
additionally gives a to-the-point evaluation of the techniques and plans of
action that are being executed by the manufacturers and firms to contribute to Scar
Treatment market growth. A number of the foremost conspicuous measures taken by
the organizations are partnerships, mergers & acquisitions, and
collaborations to increase their overall reach. The key players are likewise
presenting newer product varieties within the market to enhance the merchandise
portfolio by embracing the new innovation and completing it in their
enterprise.
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Industry Insights
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.
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.
Table of Contents:-
Chapter 1 Methodology and
Scope
Chapter 2 Executive Summary
Chapter 3 Scar Treatment:
Market Variables, Trends & Scope
Chapter 4 Scar Treatment:
Product Estimates & Trend Analysis
Chapter 5 Scar Treatment:
Application Estimates & Trend Analysis
Chapter 6 Scar Treatment:
End-use Estimates & Trend Analysis
Chapter 7 Scar Treatment:
Industrial End-use Estimates & Trend Analysis
Chapter 8 Scar Treatment:
Regional Estimates & Trend Analysis
Chapter 9 Competitive
Landscape
Chapter 10 Scar Treatment:
Manufacturers Company Profiles
Top Key Players of Scar
Treatment Market:
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.
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