Scar Removal Treatment Market Trends and Insights
Globally the Scar removal treatment market is expected to reach approximately $15 Billion by the end of 2022. The scar removal treatment has been a fast-developing industry, with support from factors such as increasing awareness among people about esthetics and rising focus on physical appearance. As different types of scars appear on the skin, the day-to-day lifestyle gets hampered, which affects the esthetic appeal of the person. Thus, this factor is poised to raise the demand for scar treatment. Also, acne scars are considered to be the leading cause of concern among women, as the hampered esthetic appeal could make them uncomfortable and conscious. As a result, the demand for scar treatment products is gauged to be on a rise on account of the surging concern for esthetics.
Globally the scar removal treatment market for is increasing rapidly. Any injury, wound, burn, other trauma, such as surgery, can cause a scar. Scarring is a natural part of the healing process after any injury. However, the appearance and treatment for the scar depends on multiple factors. Scars are not so bad when they are easy to conceal. But when the scar is large and not concealable, people might wonder about the treatment to get rid of it. Honestly the scar can never be completely removed, but with different treatments and surgical procedures it can be reduced to a smaller size and its appearance can be changed in order to look much better. People are now becoming more aware about the body aesthetics and they are willing to spend huge money for such cosmetic procedures for the removal of scars and other skin rejuvenation treatments. Correspondingly, the need for scar removal treatment services has arisen.
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The hike in the number of road accidents around the world also leaves several marks, which requires surgical treatment in many cases. Consequently, following these surgeries, the patients are usually given topical products to reduce the scars. Moreover, there has been a boost in cosmetic surgeries conducted using laser instruments for the treatment of severe marks due to road accidents. In order to remove the postburn marks which disrupt the victim’s daily lifestyle, plastic surgeries are being performed.
The growing availability of technologically sophisticated scar removal products in the market has expanded the customer base across the globe, with most of them looking for a hassle-free, painless process. To illustrate, Lumenis had developed UltraPulse which makes use of a CO2 laser to treat acne scars, minimizing the risk of pain during treatment.
Scar Removal Treatment Market Key Players
The prominent vendors in the scar removal market include WONTECH, Avita Medical, Biodermis, Cynosure Inc., Enaltus LLC., Asclepion Laser Technologies GmbH, Absolute MS (S) Pte Ltd. LLC, Scarguard Labs, Z-Roc Dermatology, TorquePharma, Suneva Medical, Inc., Merz Pharma, Revitol.com, and so on.
Scar Removal Treatment Market Opportunities
The renowned players within the worldwide Scar removal treatment market are focus on introducing high-quality products, services and therapies. This strategy can be helpful in giving rise to a host of opportunities, when it comes to expanding their customer base in the upcoming years. In addition, these players are also investing in research and development of lotions and products used for treating scars. Furthermore, the small & medium-sized enterprises in the market are also following suit, resorting to effective marketing hacks in a bid to obtain the benefits of collective growth.
Scar Removal Treatment Market Regional Outlook
Europe, Asia Pacific, North America and the Rest of the World (RoW) are the primary regions among which the global scar removal treatment market is expected to grow during the forecast period (2013-2022).
The substantial portion of the global scar removal treatment market has been captured by North America, backed by the availability of modern laser therapies used for treating scars in countries like the United States (US) and Canada. In addition, the scar treatment in the region is expected to thrive as a result of the continuous advancements in the fields of cosmetology and dermatology. Other than this, a lot of people from around the world travel to the US for getting scar treatments; a factor that is resulting in a commendable growth trajectory of the region as a whole.
Moving forward, Europe is set to garner the second biggest share of the scar removal treatment market at a global level. The high degree of awareness along with the availability of cutting-edge technologies as well as increasing penetration of healthcare serve as the deciding factors for the regional market growth. It is also predicted that over the assessment period, the market growth will also be affected by the rapidly expanding ageing population within the region.
The market for scar removal treatment in Asia Pacific is rising at a significant rate, with the backing from factors including the emergence of advanced technologies in the field. These advancements have been observed mostly in the developing countries such as India, China, and Japan. In addition to this, the growing adoption rate of the laser therapy for scar removal has worked in favor of the market as well, striving to bring in excellent business in the future.
In the rest of the world, the growth in consciousness related to physical appearance along with rising awareness associated with scar treatments is expected to elevate the market growth in the following years.
Scar Removal Treatment Market Segmentation
The global scar removal treatment market has been segmented on the basis of treatment, application and end-user.
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The scar removal treatment market, depending on the treatment type, has been segmented into surgical, laser, topical, and injectable.
Application-based segments in the market include keloid scars, contracture scars, hypertrophic scars, acne scars, and others.
The end users in the market are hospitals, dermatology clinics, and others.
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