Global Scar Treatment Market Size 2024, Forecast To 2033
6 Mar, 2024
The scar treatment market has demonstrated rapid growth, elevating from $21.88 billion in 2023 to $24.46 billion in 2024, reflecting a compound annual growth rate (CAGR) of 11.8%. The growth in the historical period is attributed to the integration of minimally invasive procedures, increased market accessibility, advancements in wound care, ongoing research, and clinical trials, as well as the evolution of cosmetic surgery. Looking forward to 2028, the market is expected to maintain its rapid growth, reaching $36.97 billion with a CAGR of 10.9%. This anticipated growth is linked to innovative topical treatments, advancements in regenerative medicine, evolving techniques in cosmetic surgery, personalized treatment approaches, and the increasing popularity of minimally invasive procedures. Major trends in this forecasted period include a rising demand for aesthetic procedures, innovation in topical treatments, advancements in regenerative medicine, ongoing progress in cosmetic surgery techniques, and a patient-centric approach.
Global Scar Treatment Market Key Driver
The anticipated rise in road accidents is set to drive the growth of the scar treatment market. Road accidents, defined as incidents involving at least one vehicle on public roads resulting in injury or death, often lead to scars caused by burns, abrasions, scrapes, or cuts during the natural healing process. Unique scar treatments play a crucial role in minimizing the appearance of these scars by addressing damaged skin layers. In June 2022, a report from the RAC Foundation, a UK-based charity and transport policy organization, revealed that a recorded traffic collision in 2021 led to an estimated 1,558 fatalities, with 27,450 expected killed or seriously injured (KSI) casualties. Hence, the escalating number of road accidents remains a significant driver for the scar treatment market, with market sizes of 2023, 2024, and 2028 integral to this growth narrative.
Get A Free Sample Of The Global Scar Treatment Market ReportGlobal Scar Treatment Market Segments
The scar treatment market covered in this report is segmented –
1) By Scar Type: Atrophic Scars, Hypertrophic And Keloid Scars, Contracture Scars, Other Scar Types
2) By Treatment Type: Topical, Laser, Surface, Surgical, Injectable
3) By End User: Hospitals, Clinics, Pharmacies and Drug Store, E-commerce
By Geography:The regions covered in the scar treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the largest region in the scar treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global scar treatment market report during the forecast period. The regions covered in the scar treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Scar Treatment Industry Players
Smith & Nephew plc, Lumenis Ltd., Merz Pharmaceuticals GmbH, Sonoma Pharmaceuticals Inc., Cynosure LLC, CCA Industries Inc., Avita Medical Limited, Mölnlycke Health Care AB, Sientra Inc., Sisram Medical Ltd., Revitol Corporation, Scarguard Labs LLC, Scar Heal Inc., Enaltus LLC, Sumed International Ltd., Syneron Medical Ltd., Bausch Health Companies Inc., Hologic Inc., Beijing Toplaser Technology Co. Ltd., Pacific World Corporation, Suneva Medical Inc., Newmedical Technology Inc., Stratpharma AG, Perrigo Company plc, Alliance Pharma plc, Galderma Laboratories L.P., Acelity L.P. Inc., Advanced Medical Solutions Group plc, Aesthetic Factors LLC, Apyx Medical Corporation, Biofrontera AG, Cutera Inc., Derma Sciences Inc., Ellipse A/S, EndyMed Medical Ltd., Erchonia Corporation, Fotona d.o.o., InMode Ltd., Lutronic Corporation, Medtronic plc
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Scar Treatment Market Overview
Scar treatment refers to the process of minimizing or reducing a scar's size or appearance. It restores appearance by giving skin an even tone and smoother texture after treatment
Scar Treatment Global Market Report 2023 provides data on the global scar treatment market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The scar treatment market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.