Scar Treatment Market Trends, Product, Type and End-Use Till 2028
Scar Treatment Industry Overview
The global scar treatment market size was valued at USD 12.3 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 10.1% from 2021 to 2028. The market is largely being driven by the increasing need for improving aesthetic appeal in individuals and complete skin rejuvenation. Women account for the majority of the demand as they are more concerned about their appearance. The increasing number of road accidents and burn injuries have also resulted in a rise in the demand for cosmetic procedures on a global scale. A global increase in the number of hypertrophic burn marks, wherein the victim’s appearance has become distorted, is also boosting the demand for scar treatment products.
Gather more insights about the market drivers, restrains and growth of the Global Scar Treatment Market
The first two waves of the COVID-19 pandemic were marked by the rapid adoption of telemedicine in all domains of the healthcare sector. Skincare, being non-emergency, requires minimal hospital visits. Even though final procedures require a patient to visit the hospital or doctors’ office, pre-planning and post-procedure management are largely preferred through telemedicine. COVID-19 may have temporarily impeded the market growth in 2020, the trends of telemedicine are expected to play an important factor in optimizing the market growth as compared to non-covid situations. In addition, the adoption of ambulatory surgery centers and the development of portable or mobile scar treatment devices are expected to boost the growth of the market in both, developed as well as developing regions.
The growing number of road accidents is one of the high-impact rendering factors, raising the demand for scar treatment products. According to Population Reference Bureau, around 50 million people are injured due to road accidents every year, which frequently leads to the occurrence of scars, requiring surgical treatment. In addition, patients who undergo such surgeries develop surgical scars and are provided topical products to improve and reduce their appearance. Hence, the rising number of road accidents, coupled with the increasing number of cosmetic surgeries, is expected to propel the need for topical products for scar treatment.
According to Plastic Surgery Statistics Report, 181,132 scar revision procedures were performed in 2019, making it one of the top five performed reconstruction procedures. Hence, the demand for greater aesthetic appeal plays an important role in increasing the number of reconstructive surgical cases for scar revision. In addition to skin corrective surgeries, scar treatment products are also widely adopted.
Browse through Grand View Research's Medical Devices Industry Research Reports.
Telemedicine Market - The telemedicine market size was valued at USD 70.4 billion in 2021 and is estimated to grow at a compound annual growth rate (CAGR) of 19.5% from 2022 to 2030.
E-commerce Market - The global e-commerce market size was valued at USD 9.09 trillion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.7% from 2020 to 2027. Increasing penetration of the internet is bolstering the smartphone-using population across the world.
Scar Treatment Market Segmentation
Grand View Research has segmented the global scar treatment market on the basis of product, scar type, end use, and region:
Scar Treatment Product Outlook (Revenue, USD Million, 2016 - 2028)
Topical Products
Creams
Gels
Silicon Sheets
Others
Laser Products
CO2 Laser
Pulse-dyed Laser
Others
Injectables
Others
Scar Treatment Scar Type Outlook (Revenue, USD Million, 2016 - 2028)
Atrophic Scars
Hypertrophic and Keloid Scars
Contracture Scars
Stretch Marks
Scar Treatment End-use Outlook (Revenue, USD Million, 2016 - 2028)
Hospitals
Clinics
Retail Pharmacies/ E-commerce
Scar Treatment Regional Outlook (Revenue, USD Million, 2016 - 2028)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Market Share Insights
December 2020: Mölnlycke Healthcare opened a new distribution center at Northampton shire, U.K. This new distribution center was expected to ensure uninterrupted product supply throughout the U.K. with prevailing supply uncertainty caused due to Brexit and COVID-19.
Key Companies profiled:
Some prominent players in the global scar treatment market include
Smith & Nephew PLC
Lumenis
Merz Pharmaceuticals, LLC
Sonoma Pharmaceuticals, Inc.
Cynosure
CCA Industries, Inc.
Newmedical Technology Inc.
Mölnlycke Health Care AB
Suneva Medical
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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