Global Scar Treatment Market to reach USD 23.97 Billion by 2027.Global Scar Treatment Market is valued approximately at USD 12.3 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 10% over the forecast period 2021-2027. The global Scar Treatment market is being driven by rising demand for aesthetics and increase in number of road accidents and rising burn cases. Furthermore, growing technological advancement will provide new opportunities for the Scar Treatment industry. For instance, according to the report of Population Reference Bureau, every year about 50 million people get injured due to road accidents, which frequently results to the occurrence of scars, requiring surgical treatment. Also, according to report of Plastic Surgery Statistics, around 181,132 scar revision procedures for surgeries were performed in 2019, As a result, increase in road surgeries which will serve as a catalyst for the Scar Treatment industry in the future. However, high cost of products based on laser may impede market growth over the forecast period of 2021-2027.
Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the regional analysis of global scar treatment market. The high rate of aesthetic consciousness among people and the rapid adoption of advanced products makes North America the leading region across the world in terms of market share. Whereas Asia pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027 due to high incidence of road accidents in the region.
Major market player included in this report are:
Smith & Nephew
Merz North America, Inc.
LUMENIS
Enaltus LLC
Sonoma Pharmaceuticals, Inc.
M??lnlycke Health Care
Cynosure, Inc.
CCA Industries, Inc.
Scar Heal Inc.
Newmedical Technology
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Topical Products
Laser products
Injectables
others
By Scar Type:
Atrophic Scars
Hypertrophic And Keloid Scars
Contracture Scars
Stretch Marks
By End Use:
Hospitals
Clinics
Retail Pharmacies/E-commerce
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Scar Treatment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors