The Global Scar Removal Treatment Market is poised for exponential growth and is expected to attain a valuation of USD 15 Bn over the forecast period of 2013-2022, asserts Market Research Future (MRFR) in a detailed research report.
Key Players
Market Research Future (MRFR) recognizes the following companies as the key players in Scar Removal Treatment Market: There are plenty of large and small market players which operate in this market all over the globe.
Absolute MS (S) Pte Ltd., TorquePharma, Cynosure Inc., Z-Roc Dermatology, WONTECH, Suneva Medical, Inc., Revitol.com, Biodermis, Scarguard Labs, LLC, Enaltus LLC., Merz Pharma, Asclepion Laser Technologies GmbH, and Avita Medical are the notable players in the global scar removal treatment market.
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Scar Removal Treatment Market – Sketch
The present era of advertising and marketing reinforce a belief among people that beauty is correlated with appearance. Interestingly, physical appearance being a social phenomenon, people are overwhelmingly driven to opt for scar removal treatment by the desire to look flawless.
Increase in awareness and exposure to scar removal treatment procedures coupled with increased disposable income across the globe has generated high demand for scar removal procedures.
Rise in a number of accidents and social stigma attached to scars prompt individuals with scars to opt for scar removal treatment which boosts the growth of the market. In addition, acne scars are very common across individuals and generate massive demand for treatment for scars that are left behind by them.
Celebrity influence is a key driver of the growth of the global scar removal treatment market. Knowledge about celebrities undergoing such treatments supports the notion of the efficacy of such procedures.
New, innovative and effective product launches coupled with the availability of scar removal products through online channels also drive the scar removal treatment market.
Minimally invasive cosmetic procedures have also augmented the growth of the global scar removal treatment market. Cases of burns and injuries affect the aesthetic appeal of an individual and can be easily removed with the help of minimally invasive cosmetic surgeries without much pain.
Technological advancements in the field of scar removal treatment have made such procedures safer and effective which has been purveyed extensive research in the field by market participants. Tattoo removal also generates considerable demand for scar removal treatment market. However, high costs and side effects associated with such treatment process are likely to hinder the growth of the market over the forecast period.
Competitive Landscape
The rapidly growing market for Scar Removal is fiercely competitive and fragmented with many well-established as well small & new entrants forming the competitive edge. Innovation, new technology launch and Brand reinforcement remain the popular trends for the key players in the market. The growth statistics of the Scar market presage the probable heights the market can reach further.
Scar Removal Industry News:
April 27, 2018 – Scientist from Department of Plastic Surgery at NYU Langone Health, (US) published their study evaluating PRP (platelet-rich plasma) – injection for facial rejuvenation and other cosmetic procedures that have reported positive results. According to the scientist, the research evidence supporting PRP for facial aesthetic procedures has some noteworthy limitations, such as lack of injection techniques and standardized PRP preparation and more studies are needed to optimize PRP treatment techniques. However, this study can be useful in guiding clinical practice.
Segmentation
The global scar removal treatment market has been segmented based on type, application, and end user.
By type, the global scar removal treatment market has been segmented into surgical, laser, topical, and injectable.
By application, the global scar removal treatment market has been segmented into keloid scars, contracture scars, hypertrophic scars, acne scars, and others.
By end user, the global scar removal treatment market has been segmented into hospitals, dermatology clinics, and others.
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Regional Analysis
The Americas, Europe, Asia Pacific, and the Middle East & Africa are the key markets for scar removal treatment. The Americas is the largest market for scar removal treatment owing to the availability of varied advanced scar removal products and treatments and greater affordability. In addition, elevated awareness and high investment in healthcare stimulate the market in the region.
Europe follows North America closely and accounts for the second largest share of the global scar removal treatment market. Recent advancements in technology in the region coupled with increasing uptake of laser technology in European countries drive the market in Europe.
Asia Pacific is a rapidly growing market led by countries such as China, India, and Japan. Increasing demand for scar removal treatment backed by rising awareness and growing disposable income supports the growth of the APAC market. Development of related technologies and high expenditure on healthcare is also a crucial factor in shaping the growth of the APAC market.
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