As per this study the Global Scar Treatment Market was valued USD 16.5 BN (by revenue) in 2017 and is anticipated to reach USD 30.2 BN by 2024 with a CAGR of 9%.
 
Scar refers to the area, in which skin is replaced by fibrous tissue after injury. Visually, scars are not appealing and in some cases, they are itchy, painful or may restrict the body movement. Hence, to lighten and flatten the scar effect various scar treatment are used. This includes chemical peels, ointment, injections, laser treatment, surgery, radiotherapy, dermabrasion and others. Various types of scars are keloid, contracture, atrophic, hypertrophic, acne scars, etc.
 
Objectives of the Study:

• Define and measure the global scar treatment market
• Revenue forecast of the global scar treatment market and its various sub-segments with respect to main geographies
• Analyze and identify major market trends along with the factors driving or inhibiting the market growth
• Study the company profiles of the major market players with their market share
• Analyze competitive developments

 
Market Dynamics
 
Rising awareness among the female population regarding aesthetics is the major driver driving the market growth. Increased count of skin diseases leading to permanent scars is again fueling the market growth. Also, rising cases of road accidents, increased count of the population with skin burn scars is again contributing in market growth. Moreover, increased disposable income, technological advancement for scar treatment, and raising awareness regarding advantages of scar treatment among the potential population are again boosting market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of scar treatment.
 
Market Segmentation
 
The broad scar treatment market has been sub-grouped into product, scar type and end-use. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Type

• Tropical Products
  • Creams
  • Gel
  • Silicon Sheets
  • Others
• Laser Products
  • Co2 Laser
  • Pulse Dyed Laser
  • Others
• Injectable
• Others

 
By Scar Type

• Atrophic Scar
• Keloid & Hypertrophic Scar
• Contracture Scar
• Stretch Scar

 
By End-Use

• Hospitals
• Clinics
• Retail Pharmacies/ Ecommerce

 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for scar treatment in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Scar Treatment Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the scar treatment market include CCA Industries Inc., Cynosure, Inc., Enaltus LLC, Lumenis, Merz Inc., Mölnlycke Health Care, NewMedical Technology, Inc., Scarheal, Inc., Smith & Nephew plc., Sonoma Pharmaceuticals, Inc. and Suneva Medical, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.