PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1610662
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1610662
Global Scar Treatment Market Size Study, by Product, by Scar Type, by End Use, and Regional Forecasts 2022-2032
The global scar treatment market was valued at USD 2.32 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 11.5% during the forecast period from 2024 to 2032. Increasing aesthetic consciousness, advancements in treatment technologies, and the rising prevalence of road accidents and burn injuries are significant factors driving this growth. Aesthetic considerations have become integral to individuals, and this has directly influenced the demand for advanced scar treatment options, such as topical products, laser therapies, and surgical interventions.
The adoption of telemedicine, catalyzed by the COVID-19 pandemic, has played a crucial role in reshaping the scar treatment landscape. While the pandemic initially hampered market growth, the integration of virtual consultations for pre- and post-treatment planning has optimized service delivery, providing a robust platform for continued market expansion. Additionally, technological innovations like Cynosure's PicoSure Pro Device and MedLite C6 have revolutionized treatment processes, offering enhanced efficacy and convenience.
Hospitals continue to dominate the market, providing advanced diagnostic and therapeutic facilities for treating scars caused by burns, wounds, and surgeries. Simultaneously, the homecare segment is emerging as a crucial contributor to market growth, driven by the availability of over-the-counter products like creams and gels that empower individuals to manage their conditions independently.
Regionally, North America held a significant share in 2023, supported by a high level of aesthetic awareness and access to advanced products and services. Meanwhile, the Asia Pacific region is projected to exhibit the fastest growth over the forecast period, owing to the rising incidence of road accidents and increased adoption of innovative scar treatment solutions in developing countries like India and China.
Technological advancements in scar treatments, such as FDA-approved products like Sofwave Medical's Precise SUPERB Applicator and ilooda Co.'s Secret Duo laser, further highlight the market's evolution. These innovations cater to both functional and aesthetic needs, ensuring effective management of scars and fostering market growth.
The increasing prevalence of road accidents and burn injuries worldwide continues to elevate the demand for scar treatment solutions. For example, the Population Reference Bureau reports that approximately 50 million people suffer from injuries annually due to road accidents, many of which result in scarring that requires medical attention. Coupled with the rising trend of aesthetic enhancement, these factors are expected to drive the scar treatment market substantially in the coming years.
Key Companies in This Report:
- Smith & Nephew PLC
- Lumenis
- Merz Pharmaceuticals, LLC
- Sonoma Pharmaceuticals, Inc.
- Cynosure
- CCA Industries, Inc.
- Newmedical Technology Inc.
- Molnlycke Health Care AB
- Suneva Medical
- Scar Heal Inc.
- Pacific World Corporation
- Perrigo Company plc
- Enaltus LLC
The detailed segments and sub-segments of the market are explained below:
By Product:
- Topical Products
- Silicone Sheets
- Creams
- Gels
- Others
- Laser Products
- Injectable Products
- Pressure Garments
By Scar Type:
- Atrophic Scars
- Hypertrophic and Keloid Scars
- Contracture Scars
- Others
By End Use:
- Hospitals
- Ambulatory Surgery Centers
- Homecare
- Retail Pharmacies/E-Commerce
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- ROE
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of the geographical landscape with country-level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand-side and supply-side analysis of the market.
Table of Contents
Chapter 1. Global Scar Treatment Market Executive Summary
- 1.1. Global Scar Treatment Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Scar Type
- 1.3.3. By End Use
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Scar Treatment Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Scar Treatment Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Rising Incidence of Road Accidents and Burn Injuries
- 3.1.2. Growing Aesthetic Consciousness Among Individuals
- 3.1.3. Technological Advancements in Scar Treatment Solutions
- 3.2. Market Challenges
- 3.2.1. High Costs of Advanced Treatments
- 3.2.2. Long Treatment Durations for Noticeable Results
- 3.3. Market Opportunities
- 3.3.1. Increasing Adoption of Homecare and OTC Products
- 3.3.2. Development of Portable and Affordable Scar Treatment Devices
- 3.3.3. Rising Demand in Emerging Economies
Chapter 4. Global Scar Treatment Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Scar Treatment Market Size & Forecasts by Product (2022-2032)
- 5.1. Segment Dashboard
- 5.2. Global Scar Treatment Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Topical Products
- 5.2.2. Laser Products
- 5.2.3. Injectable Products
- 5.2.4. Pressure Garments
Chapter 6. Global Scar Treatment Market Size & Forecasts by Scar Type (2022-2032)
- 6.1. Segment Dashboard
- 6.2. Global Scar Treatment Market: Scar Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Atrophic Scars
- 6.2.2. Hypertrophic and Keloid Scars
- 6.2.3. Contracture Scars
- 6.2.4. Others
Chapter 7. Global Scar Treatment Market Size & Forecasts by End Use (2022-2032)
- 7.1. Segment Dashboard
- 7.2. Global Scar Treatment Market: End Use Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Hospitals
- 7.2.2. Ambulatory Surgery Centers
- 7.2.3. Homecare
- 7.2.4. Retail Pharmacies/E-commerce
Chapter 8. Global Scar Treatment Market Size & Forecasts by Region (2022-2032)
- 8.1. North America Scar Treatment Market
- 8.1.1. U.S. Scar Treatment Market
- 8.1.1.1. Product Breakdown Size & Forecasts, 2022-2032
- 8.1.1.2. Scar Type Breakdown Size & Forecasts, 2022-2032
- 8.1.1.3. End Use Breakdown Size & Forecasts, 2022-2032
- 8.1.2. Canada Scar Treatment Market
- 8.1.1. U.S. Scar Treatment Market
- 8.2. Europe Scar Treatment Market
- 8.2.1. UK Scar Treatment Market
- 8.2.2. Germany Scar Treatment Market
- 8.2.3. France Scar Treatment Market
- 8.2.4. Spain Scar Treatment Market
- 8.2.5. Italy Scar Treatment Market
- 8.2.6. Rest of Europe Scar Treatment Market
- 8.3. Asia-Pacific Scar Treatment Market
- 8.3.1. China Scar Treatment Market
- 8.3.2. India Scar Treatment Market
- 8.3.3. Japan Scar Treatment Market
- 8.3.4. Australia Scar Treatment Market
- 8.3.5. South Korea Scar Treatment Market
- 8.3.6. Rest of Asia-Pacific Scar Treatment Market
- 8.4. Latin America Scar Treatment Market
- 8.4.1. Brazil Scar Treatment Market
- 8.4.2. Mexico Scar Treatment Market
- 8.4.3. Rest of Latin America Scar Treatment Market
- 8.5. Middle East & Africa Scar Treatment Market
- 8.5.1. Saudi Arabia Scar Treatment Market
- 8.5.2. South Africa Scar Treatment Market
- 8.5.3. Rest of Middle East & Africa Scar Treatment Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Smith & Nephew PLC
- 9.1.2. Lumenis
- 9.1.3. Merz Pharmaceuticals, LLC
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Smith & Nephew PLC
- 9.3.2. Lumenis
- 9.3.3. Merz Pharmaceuticals, LLC
- 9.3.4. Sonoma Pharmaceuticals, Inc.
- 9.3.5. Cynosure
- 9.3.6. CCA Industries, Inc.
- 9.3.7. Newmedical Technology Inc.
- 9.3.8. Molnlycke Health Care AB
- 9.3.9. Suneva Medical
- 9.3.10. Scar Heal Inc.
- 9.3.11. Pacific World Corporation
- 9.3.12. Perrigo Company plc
- 9.3.13. Enaltus LLC
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
