Overview

Scar Treatment Market Introduction: Scar Treatment Market is estimated to value over USD 28.5 billion by 2027 end and register a CAGR of over 9.7% during the forecast period 2020 to 2027. The scar treatment market size is expanding rapidly because a great deal of emphasis is placed on the value of aesthetics and removal of acne scars have become the preoccupation of many people. Furthermore, there has been an alarming rate of road accidents which subsequently culminates in several bodily marks and lacerations. Such occurrences may call for extensive surgical aid. As a result, patients who have encountered such surgical procedures are given topical products which are generally used to reduce scars. Cosmetic procedures involving the use of laser instruments are taken up for the treatment of severe wounds penetrated deep into the human body. In an effort to remove such marks, plastic surgery procedures and laser therapies are considered as viable options. Furthermore, technologically innovative treatments such scar removal products provide aid in the reduction of pain as well as offer a healing process that is devoid of hassles or complications. These are factors which are likely to garner considerable scar treatment market share. One such example of these products includes UltraPulse produced by the company Lumenis. This product uses a laser known as CO2 which facilitates the treatment of acne related scars and thereby, reduces the likelihood of pain in the treatment process. The scar treatment market growth has witnessed a steady rise due to the demand for such topical products which includes gels and creams for the treatment of surgical marks, for acne related issues and even burn marks. Market study shows that the topical products market is estimated to gain significant traction and is likely to maintain their market dominance in the years to come. This is due, in part, because of silicone sheets, topical gels becoming easily accessible as over-the-counter products which has maximized their utilization as a treatment for scars. Going by the segmentation of treatment types, the market has been fragmented into injectable, topical, surface and laser with topical predicted to account for the dominant market share in the global market for scar treatment in the forecast timeline and the growth is expected to experience greater strides in the future due to the rise in adoption of gels and creams for the healing of scars namely acne, burns and surgical marks, along with affordability, easy accessibility and user-friendliness. With scar type, scar treatment is categorized into post-surgical scars, acne scars, stretch marks, hypertrophic scar, contracture scar and keloid scar. The categories of hypertrophic and keloid scars are anticipated to augment segmental growth due to the volume of burn cases. However, it is the post-surgical scar category which is likely to witness a surge in market growth. It has been anticipated that the laser products will experience an augmentation in growth during the forecast time span. A few of the major players who are dominating the market for scar removal includes Sonoma Pharmaceuticals, Inc.; CCA Industries, Inc., Smith & Nephew plc, Mölnlycke Health Care, Scarheal, Inc., Merz, Inc., Cynosure Inc. and Lumenis. Market Segmentation: By Treatment Type Topical Products

Laser Treatment

Injectables

Others By Scar Type Atrophic & Acne Scars

Hypertrophic Scars and Keloids

Contracture Scars

Others (Stretch Marks) By Distribution Channel Hospital Pharmacies

Retail Pharmacies

Online Pharmacies By Region Europe

North America

Asia Pacific

Latin America

Middle East & Africa FutureWise Key Takeaways: Growth prospects

SWOT analysis

Key trends

Key data-points affecting market growth Objectives of the Study: To provide with an exhaustive analysis on the scar treatment market by treatment type, by scar type, by distribution channel and by region

To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

To evaluate and forecast micro-markets and the overall market

To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa

To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions