According to the report published by Allied Market Research, the global scar treatment market was estimated at $13.1 billion in 2021 and is expected to hit $32.4 billion by 2031, registering a CAGR of 9.4% from 2022 to 2031. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Alarming rise in prevalence of acne, rise in number of cosmetic clinics, and advancement in scar treatment are expected to notably contribute toward the growth of the global scar treatment market during the forecast period.
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Impact of Covid-19 on Scar Treatment Market:
- As scar treatment comes under non-essential medical treatment, to avoid the spread of the Covid-19 infection, most scar therapies were either postponed or canceled. This, in turn, impacted the global scar treatment market negatively.
- However, the market has almost recovered at a quick pace.
Scarring is the process of external epidermal layer repair. Thus, scars result naturally as part of normal healing process in human body. Scars occur exactly at the site of wounds and nearby areas resulting in dark red fibrous tissue, which gradually becomes lighter in color. Scar treatment such as anti-scar gels and laser treatment are used to remove scar marks to enhance appearance.
Rise in demand for cosmetic corrections and availabilities of different anti-scar treatments drive growth of the market. Furthermore, rise in incidences of stretch marks, owing to heavy weight training and obesity drives demand for scar treatment. In addition, women have stretch marks owing to cesarean child delivery, which further contributes toward growth of the Scar Treatment Industry. For instance, according to the Centers for Disease Control and Prevention (CDC), in 2020, cesarean delivery rate increased to 31.8%.
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Scar Treatment Market Report Highlights
| Aspects | Details |
| By Scar Type |
|
| By Product |
|
| By End User |
|
| By Region |
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| Key Market Players | Avita Medical Limited, Bausch Health Companies Inc., Cynosure, Inc., hra pharma, Mölnlycke Health Care AB, Polytech Health & Aesthetics GmbH, Sientra, Inc., sisram inc, Smith and Nephew plc. |
On the basis of scar type, the market is divided into atrophic scar, hypertrophic & keloid scar, contractures, and stretch marks. The atrophic scar segment dominated the market in 2021, and is expected to dominate during the forecast period, owing to increase in prevalence of acne and chicken pox.
Depending on product, the market is classified into topical, laser-based treatment, and others. The topical segment have the largest Scar Treatment Market Share in 2021, and is expected to dominate during the forecast period, owing to easy availability of topical products and rise in consciousness regarding aesthetic appearance.
By end user, it is divided into hospitals, clinics, and home care. The home care segment dominated the Scar Treatment Market Forecast in 2021, and is expected to continue the same during the forecast period, owing to rise in number of retail pharmacies and high incidences of facial scars.
North America accounted for a majority of the global scar treatment market share in 2021, and is anticipated to remain dominant during the forecast period. This is attributed to presence of key players in the region. Asia-Pacific is anticipated to witness lucrative growth, owing to increase in demand for aesthetic looks.
FREQUENTLY ASKED QUESTIONS?
Q1. What is the total market value of scar treatment market report ?
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Q3. What is the market value of scar treatment market in 2022?
Q4. Which is the largest regional market for Scar Treatment?
Q5. Which are the top companies to hold the market share in Scar Treatment?
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