A growing number of people distressed with skin disorders is predicted to spur the demand for scar removal treatment. Market Research Future predicted that “The Global Scar Removal Market would reach the valuation of $15 billion at the end of the forecast period, 2012-2022”.
Scarring is caused by the natural process of injury healing. Skin disorders such as eczema, sunburns, psoriasis, and others caused by direct exposure to harmful UV radiation and excessive pollution leave marks on the injury area; however, the need to have a presentable appearance is considered as a critical factor for active social life. This lifestyle-based demand is driving the global scar removal market.
Increasing road mishaps and industrial accidents that leave spots are on the skin have increased the number of patients seeking cosmetic, thus stimulating the demand for the growth. Moreover, high inclination on cosmetic procedure and increasing readiness to bear the treatment expenditure are some of the common causatives bolstering the market growth.
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Fierce competition in developing markets for scar removal and new entrants trying to venture in the industry are making the market more competitive. Launch of new technologies, innovation, and brand support are some of the key trends responsible for progress of the global market.
Major Market Player Landscapes
Major Industry players contributing with their services through surgeries and various treatment procedures include Absolute MS (S) Pte Ltd., Enaltus LLC., Merz Pharma, Suneva Medical, TorquePharma, Avita Medical, Cynosure Inc, Revitol.com, Z-Roc Dermatology, Suneva Medical, Avita Medical, Scarguard Labs, Z-Roc Dermatology, and Asclepion Laser Technologies GmbH.
The scar removal market statistics and trends signal a considerable growth forecast in the coming future. On the other hand, the presence of low-quality products and surgical treatment offerings with undesirable outcomes has hindered the market growth.
The global scar removal market is majorly classified on the basis of treatment types, end-users, and applications.
GLOBAL SCAR REMOVAL TREATMENT MARKET, BY TREATMENT TYPE
GLOBAL SCAR REMOVAL TREATMENT MARKET, BY APPLICATION
GLOBAL SCAR REMOVAL TREATMENT MARKET, BY END USER
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- Laser equipment manufacturers & Suppliers
- Scar removal treatment products manufacturers & Suppliers
- Contract Research Organizations (CROs)
- Research and Development (R&D) Companies
- Government Research Laboratories
- Independent Research Laboratories
- Government and Independent Regulatory Authorities
- Market Research and Consulting Service Providers
- Academic Institutes and Universities
Geographically, the North America leads the scar removal market owing to significant shareholding owing to availability of treatment facilities and advanced surgery-related equipment for scar treatment. The regional market growth is attributed to high expenditure on healthcare and growing demand. Availability of the customized treatment program and convenient medical service offering is fueling the demand for the surgical treatments in the region.
The Europe Region is taking charge at the second position in the global scar removal market is driven by latest developments in laser technology linked with high adoption of laser technology in the region.
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Further, the Asia-Pacific market is rapidly emerging for scar treatment owing to infrastructural availability, affordable cost, development of related technologies in regions such as India, China, and Japan. A radical rise in the adoption of laser therapy for scar removal is predicted to assist Asia Pacific region to region remarkable growth during the forecast period.
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