Felton, 26 November
2019 - 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.
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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.
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.
Market Segments:
Product Outlook
(Revenue, USD Million; 2014 - 2025)
• Topical
Products
• Creams
• Gels
• Silicon
Sheets
• Others
• Laser
Products
• CO2
Laser
•
Pulse-dyed Laser
• 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
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Insights, Download Brochure @ https://www.millioninsights.com/industry-reports/scar-treatment-market
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