The Scar Treatment Market is projected to grow steadily in the next five years
The scar treatment market is projected to grow at a CAGR of 11.45% over the forecast period.
The recent study on the scar treatment market covers an in-depth analysis of the market on the basis of scar type, treatment type, distribution channel, and geography. The report also covers the country level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2018-2023. According to the report titled “Scar Treatment Market – Forecast from 2018 to 2023”, the market is estimated to grow at a moderate pace during the forecast period.
The report has segmented the scar treatment market by scar type (keloid scars, contracture scars, hypertrophic scars, acne scars), by treatment type (swinging bucket rotors, fixed angle rotors, vertical tube rotors, elutriator rotors), by end-user (topical products, laser treatment, injectables), by distribution channel (online, offline) and by geography such as North America (United States, Canada, Mexico, others), South America (Brazil, Argentina, others), Europe (Germany, France, United Kingdom, others), Middle East and Africa, and Asia Pacific (China, Japan, India, others). The growing proportion of adult population and the simultaneous increase in the disposable income is significantly driving the scar treatment market. Moreover, the prevalence of acne globally is increasing which is leading to the rising probability of the development of scar in an individual, thus, positively impacting the growth of the market. Furthermore, the growing focus of the individuals on health and appearance is further anticipated to augment the growth of the market during the forecast period.
United States is estimated to hold a significant share in the market.
More than 40% of the individuals in the United States is concerned with pigmentation while the frequency of scars among the active acne patients in the country is also steadily rising. In fact, the costs associated with the treatment and lost productivity among those who sought medical care for acne exceeded $1.2 billion in 2013 (source: American Academy of Dermatology).
Some of the major players discussed in the reports are CCA Industries Inc., Smith & Nephew PLC, Lumenis, and Merz Pharma among others.
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