Global Scar removal Treatment Acknowledging the enormous growth, the market perceives currently; Market Research Future (MRFR) in its recently published study report asserts that the global scar removal market would register an increase of USD 15 BN by 2022 registering an impressive CAGR throughout the forecast period (2017 to 2022).
Market Scenario
Scar removal refers to the treatments to minimize the appearance of a scar caused by an injury, burn, wound, or surgery. Although scarring is a natural process occurring during a healing process of a wound/injury, it can affect a person’s appearance, personality, further making the person vulnerable to lose self-confidence. Depending on the appearance of scars, there are many treatments available in the market alongside the tailored treatment programs, suiting to the person’s health, budget and the medical conditions.
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Major Players
Key players leading the global scar removal market include Asclepion Laser Technologies GmbH, Avita Medical, Absolute MS (S) Pte Ltd., Cynosure Inc., Enaltus LLC., Biodermis, Revitol.com, Scarguard Labs, LLC, Merz Pharma, TorquePharma, WONTECH, Suneva Medical, Inc., and Z-Roc Dermatology among others.
Global Scar Removal Market – Competitive Analysis
Highly competitive scar removal market appears heavily fragmented with the presence of many well-established and small players. Innovation, Partnership, new technology launch, M&A, and Brand reinforcement remain the popular trends for these key players. The landscape of the scar market presages the probable heights the market can reach further.
Global Scar Removal Market – Segmentations
For ease of understanding, the MRFR analysis has been segmented into four key dynamics: –
By Treatment Type : Surgical Method, Topical Creams, Laser Treatment, and Injectable among others.
By Application : Keloid Scars, Contracture Scars, Hypertrophic Scars, and Acne Scars among others.
By End-users : Hospitals & Laser Centers and Dermatology Clinics among others.
By Regions : North America, Asia Pacific, Europe, and the Rest-of-the-World.
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Global Scar Removal Market – Geographical Analysis
The North American region, heading with the presence of numerous facilities and availability of treatments dominates the global scar removal market. The market in the US backed by the high expenditure on healthcare, and the increasing demand for scar removal treatments significantly contributes to the regional market. Continuing with these trends, the scar removal market in North America is expected to create a larger revenue pocket over the forecast period.
The scar removal market in the European region accounts for the second-largest market, globally. Factors such as the recent advancements in laser technology alongside the augmenting uptake of the laser technology in the European countries drive the scar removal treatment market in the region.
The Asia Pacific scar removal market has emerged as a profitable market, globally. Vast advancements in related technologies mainly in countries like China, India, and Japan drive the scar removal market in the APAC region. Backed by the increasing adoption of laser therapy for scar removal, the APAC market is expected to register a phenomenal CAGR throughout the forecast period.
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Industry/Innovations/Related News:
March 12, 2019 —- Sensus Healthcare, Inc. (the US), a medical device company announced the launch of SRT University which is an online portal to support physicians using Sensus devices and technology. SRT-100+ (Superficial Radiation Therapy) is a new technology that helps to treat patients with keloids in the most effective, non-invasive and painless way possible.
SRT works so well because it accentuates on the underlying cause of Keloids. This novel technology injures those cells and prevents them from laying down further collagen. The new online portal provides physicians and their staff access to Sensus’ depository of information related to superficial radiation therapy and intraoperative radiotherapy (IORT).
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