Scar Treatment Market, By Scar Type (Contracture, Atrophic, Keloid and Stretch Marks), By Product Type (Laser, Topical, and Injectables), By End-Use and by region (North America, Europe, Asia Pacific and RoW) Analysis, Share, Trends, Size, & Forecast From 2014 2025
REPORT HIGHLIGHT
The scar treatment market is estimated to represent a global market of USD 15.06 billion by 2017 with growth rate of 9.4%.
Market Dynamics
Scars are usually observed when there has been significant damage to the skin layer, thus resulting in permanent damage in a particular area. Scar treatment is a way of using scientific methods to either topically or surgically gets rid of or reduces the impact of the scar. Based on NCBI research, over 100 million people are affected by scars every year, of which approximately 55 million elective operations and 50 million operations after trauma are common. Globally the market is witnessing an upward growth trend. It is estimated that the scar treatment market will reach a whopping 34.23 billion net worth by the year 2025.
Exposure to technological advances had radically improved the demand for this procedure. A few of fundamental drivers of this industry are the prevalence of skin diseases, the rampant rise of the beauty industry, increased number of accidents causing a scar. A larger disposable income is also among the primary reasons to opt for scar treatments. All thanks to the rise in the personal care industry, the market generated revenue of USD 15.06 billion in 2017. A growth rate of CAGR 9.4% has been forecasted up until 2025.
Increased demand for aesthetically enhancing procedures is ubiquitous. People have become extremely critical of they look and consequentially how that makes them feel. Scar treatment thus boosts their morale and hence the industry is observed to be emotionally driven.
Scar Types Takeaway
Some of the most common scar types prevalent are keloid, contracture, stretch marks, and atropic. As aforementioned, people are becoming increasingly conscious about the way they look. It directly affects the perception of themselves and everyone around them. In order to feel good about themselves, and a growing number of individuals are willing to undergo skin corrective surgeries. People who have acne from an accident or reconstructive surgeries usually opt for skin corrective procedures.
Based on the data released by the American Burn Association approximately 44% of the hospital admissions are due to burning industries. Burn injuries result in something known as the hypertrophic burn scars, which are very visible and completely destroys self-confidence and self-worth. In these cases, it becomes necessary to take corrective scar treatment measures to improve the quality of life of such individuals. An increase in the number of skin conditions owing to lifestyle problems such as pollution, UV radiation exposure, sunburns is additionally responsible for the growth of this industry. An observed increase in the cases of psoriasis, eczema, and vitiligo is prevalent.
Product Type Takeaway
The major types of scar treatments can be broadly classified into the topical, surface, laser, injectable and surgical. While each of these categories is showing a growth pattern by their own merit, it has been noted that the topical application segment dominates the market. The topical procedure industry has contributed to about 60.1% in the year 2017. The major influencer for this is the low cost and high availability of topical applications.
End Use Takeaway
From an end-user perspective, the industry can be categorized as domestic usage, hospital or derma clinics. Forecasted growth of approximately 11.3% is expected in the hospital use category. The technological advancements in laser treatment have resulted in enhanced and effective ablative and non-ablative treatments. They are further categorized as CO2 lasers, pulse dye lasers, and others. Topical treatment methods include gels, sprays, oils, creams; these are easily availed in an OTC format, usually very inexpensive in correlation with other procedures. Laser and injectable are among the growing trends in the overall industry.
Regional Takeaway
North America holds a big chunk of the revenue share, as much as 40%. Growth of the market in this region is majorly attributed to the technology advancements, increasing demand for aesthetic procedures coupled with aging population. Besides this, Asia Pacific is growing with a CAGR of approximately 13% owing to the rising awareness among patient population regarding new scar treatment technologies.
Key Vendor Analysis
Some of the other key players operating in the scar treatment market are Sonoma Pharmaceuticals, Lumenis, Avita Medical, Cynosure, Inc., Mölnlycke Health Care, Enaltus LLC, CCA Industries, Scarheal Inc., and NewMedical Technology, Inc. With respect to some merger and acquisitions, in 2017, Hologic Inc., broadcasted the acquisition of Cynosure Inc., in order to expand into the medical aesthetics business. Earlier on, Merz North America, a U.S. subsidiary of the global Merz Pharma GmbH, declared the acquisition of ON Light Sciences in August 2016.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY SCAR TYPE
- Contracture Scars
- Atrophic Scars
- Keloid Scars
- Stretch Marks
MARKET, BY PRODUCT TYPE
- Laser Products
- CO2 Laser
- Pulse-dyed Laser
- Others
- Topical Products
- Gels
- Creams
- Silicon Sheets
- Others
- Injectable
- Others
MARKET, BY END USE
- Hospitals
- Clinics
- E-commerce
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. SCAR TREATMENT MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. SCAR TREATMENT KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. SCAR TREATMENT INDUSTRY STUDY
4.1. Porter’s Analysis
4.2. Market Attractiveness Analysis
4.3. Regulatory Framework Analysis
5. SCAR TREATMENT MARKET LANDSCAPE
5.1. Market Share Analysis
6. SCAR TREATMENT MARKET – BY SCAR TYPE
6.1. Overview
6.2. Contracture Scars
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.3. Atrophic Scars
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.4. Keloid Scars
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
6.5. Stretch Marks
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7. SCAR TREATMENT MARKET – BY PRODUCT TYPE
7.1. Overview
7.2. Laser Products
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.2.3. CO2 Laser
7.2.3.1. Overview
7.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.2.4. Pulse-dyed Laser
7.2.4.1. Overview
7.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.2.5. Others
7.2.5.1. Overview
7.2.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3. Topical Products
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3.3. Gels
7.3.3.1. Overview
7.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3.4. Creams
7.3.4.1. Overview
7.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3.5. Silicon Sheets
7.3.5.1. Overview
7.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.3.6. Others
7.3.6.1. Overview
7.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.4. Injectable
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
7.5. Others
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8. SCAR TREATMENT MARKET – BY END USE
8.1. Overview
8.2. Hospitals
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.3. Clinics
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
8.4. E-commerce
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9. SCAR TREATMENT MARKET– BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. Overview
9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.2.3. U.S.
9.2.3.1. Overview
9.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.2.4. Canada
9.2.4.1. Overview
9.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.3. Europe
9.3.1. Overview
9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.3.3. France
9.3.3.1. Overview
9.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.3.4. Germany
9.3.4.1. Overview
9.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.3.5. Rest of Europe
9.3.5.1. Overview
9.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.4.3. China
9.4.3.1. Overview
9.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.4.4. India
9.4.4.1. Overview
9.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.4.5. Rest of APAC
9.4.5.1. Overview
9.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.5. Rest of the World
9.5.1. Overview
9.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.5.3. Latin America
9.5.3.1. Overview
9.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
9.5.4. Middle East and Africa
9.5.4.1. Overview
9.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
10. KEY VENDOR ANALYSIS
10.1. Sonoma Pharmaceuticals
10.1.1. Company Overview
10.1.2. SWOT Analysis
10.1.3. Key Developments
10.2. Lumenis
10.2.1. Company Overview
10.2.2. SWOT Analysis
10.2.3. Key Developments
10.3. Avita Medical
10.3.1. Company Overview
10.3.2. SWOT Analysis
10.3.3. Key Developments
10.4. Cynosure, Inc.
10.4.1. Company Overview
10.4.2. SWOT Analysis
10.4.3. Key Developments
10.5. Mölnlycke Health Care
10.5.1. Company Overview
10.5.2. SWOT Analysis
10.5.3. Key Developments
10.6. Enaltus LLC
10.6.1. Company Overview
10.6.2. SWOT Analysis
10.6.3. Key Developments
10.7. CCA Industries
10.7.1. Company Overview
10.7.2. SWOT Analysis
10.7.3. Key Developments
10.8. Scarheal, Inc.
10.8.1. Company Overview
10.8.2. SWOT Analysis
10.8.3. Key Developments
10.9. NewMedical Technology, Inc.
10.9.1. Company Overview
10.9.2. SWOT Analysis
10.9.3. Key Developments
*Client can request additional company profiling as per specific requirements
11. 360 DEGREE ANALYSTVIEW
12. APPENDIX
12.1. Research Methodology
12.2. Abbreviations
12.3. Disclaimer
12.4. Contact Us
List of Tables
Table 1 List of Acronyms
Table 2 Key Market Facts, 2014 – 2025
Table 3 Market Drivers: Impact Analysis
Table 4 Market Restraint: Impact Analysis
Table 5 Market Opportunity: Impact Analysis
Table 6 PEST Analysis
Table 7 Porter’s Five Forces Analysis
Table 8 Company Market Share Analysis
Table 9 Global Scar Treatment Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
Table 10 Scar Treatment Market, by Scar Type, 2014 – 2025 (USD Billion)
Table 11 Scar Treatment Market, by Product Type, 2014 – 2025 (USD Billion)
Table 12 Scar Treatment Market, by End Use, 2014 – 2025 (USD Billion)
Table 13 Scar Treatment Market, by Geography, 2014 – 2025 (USD Billion)
Table 14 North America Scar Treatment Market, 2014 – 2025 (USD Billion)
Table 15 U.S. Scar Treatment Market, 2014 – 2025 (USD Billion)
Table 16 Canada Scar Treatment Market, 2014 – 2025 (USD Billion)
Table 17 Europe Scar Treatment Market, 2014 – 2025 (USD Billion)
Table 18 France Scar Treatment Market, 2014 – 2025 (USD Billion)
Table 19 Germany Scar Treatment Market, 2014 – 2025 (USD Billion)
Table 20 Asia Pacific Scar Treatment Market, 2014 – 2025 (USD Billion)
Table 21 China Scar Treatment Market, 2014 – 2025 (USD Billion)
Table 22 India Scar Treatment Market, 2014 – 2025 (USD Billion)
Table 23 Latin America Scar Treatment Market, 2014 – 2025 (USD Billion)
Table 24 MEA Scar Treatment Market, 2014 – 2025 (USD Billion)
List of Figures
Figure 1 Research Methodology
Figure 2 Research Process Flow Chart
Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
Figure 4 Regulatory Framework Analysis
Figure 5 Scar Treatment Market, by Scar Type, 2014 – 2025 (USD Billion)
Figure 6 Scar Treatment Market, by Product Type, 2014 – 2025 (USD Billion)
Figure 7 Scar Treatment Market, by End Use, 2014 – 2025 (USD Billion)
Figure 8 Scar Treatment Market, by Geography, 2014 – 2025 (USD Billion)
