Global Scar Treatment Market by Scar Type (Atrophic, Hypertrophic & Keloid Scars), by Product (Laser Products, Topical Products) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global scar treatment market was valued at USD 12.3 Billion in 2020. It is projected to grow at a compound annual rate of 10.1% between 2021 and 2028. This market is driven primarily by an increasing demand for skin rejuvenation and aesthetic enhancements. The majority of demand is from women, who are more conscious about their appearance. Cosmetic procedures have seen a significant increase in demand due to the increasing number of burn injuries and road accidents. Globally, there has been an increase in hypertrophic burn scars, which are characterized by a victim's appearance becoming distorted.

The rapid adoption of telemedicine across all healthcare sectors marked the first two waves in the COVID-19 pandemic. Non-emergency skincare requires minimal hospitalizations. Although final procedures do require patients to visit the hospital, telemedicine is a preferred method of pre-planning and postprocedure management. Although COVID-19 has temporarily slowed the market growth in 2020's, the trends in telemedicine will play an important role in optimizing market growth compared to noncovid situations. The market will also grow in both developed and developing countries if more ambulatory surgery centers are established.

Scar treatment products are in high demand due to the rising number of road accidents. Population Reference Bureau estimates that around 50 million people are hurt in road accidents each year. This often leads to scarring, which requires surgical treatment. Patients who have undergone such procedures often develop scarring and are given topical products to enhance and reduce their appearance. The rising number of road accidents and the increase in cosmetic surgeries will likely drive the demand for topical scar treatments.

Plastic Surgery Statistics Report reports that 181,132 scar revisions were performed in 2019. This makes it one of the most popular reconstruction procedures. The demand for aesthetic appeal is a major factor in the increase in scar revision cases. Scar treatment products, in addition to corrective skin surgeries, are widely used.

Product Insights

The largest share, 58.0%, was held by topical products in 2020. Individuals can use them to treat scarring thanks to the availability of OTC products such as creams, gels and sheets. Because they are non-invasive, painless and do not cause any discomfort, laser products are widely used.

Topical products can be applied directly to the skin's surface. These products can be divided into creams and gels as well as silicone sheets. These products are easy to find and are often purchased because they are OTC. These products are also easy to use and do not require patients to see a physician for medication. This will increase the demand for these products.

Pressure garments include elastic bandages, oils sprays and ointments. For scarring treatment, pressure garments are applied to the area. These non-invasive treatments can be easily applied at home with no need for a doctor's consultation. These topical products may not be as effective and will require continued use for 6-12 months. This could limit the growth of the segment during the forecast period.

Scar Type Insights

Due to rising acne scarring, trophic scars accounted for 36.4% of the total in 2020. These scars can be treated with creams or gels. Due to the frequent occurrence of hypertrophic and Keloid scars in people with wound injuries, they are expected to grow significantly over the forecast period.

Atrophic scars usually result from muscle and fat loss over the injured area. Atrophic scars occur when the skin does not produce enough collagen to heal the wound. This scar looks like a pit. It is often caused by acne, staphylococcus infection, chickenpox and, in rare cases, surgery.

These scars can be treated with creams, gels, or ointments, which are easily available and topical. These scars can be treated with creams, gels, or ointments that stimulate the skin's natural healing process and replace elastin, collain, and other fibrous tissue. This allows the skin to heal and grow around the affected area. These creams can reduce the visibility of scars due to acne. These creams are becoming more popular due to their aesthetic appeal.

End-use Insights

With a market share of 43.0%, the hospitals segment was the dominant segment in 2020. This is due to the use of advanced infrastructure and the presence technologically advanced products in these settings. The retail pharmacies/e-commerce segment is projected to witness the fastest growth over the forecast period due to the rapid growth of online websites and easy access to scar treatment products on these websites. The growth of the HTML3_ e-commerce HTML3_ segment is expected to be boosted by the COVID-19 outbreak.

Hospitals offer the majority of scar treatments. Patients can choose from a variety of options to reduce and remove scarring. In most cases, hospitals provide emergency care, which can include treatment for severe injuries such as burns, cuts, or wounds. Hospitals also provide treatment, with the aim of reducing scarring. Large hospitals often have a variety of advanced equipment and procedures to provide patient care. Hospitals are equipped with noninvasive treatments such as creams and gels, as well as laser therapy.

Hospitals provide generalized care for most emergencies and care during recovery. Specialized attention is provided to burn victims to aid in the healing process. The majority of the world's population receives basic care at hospitals. This is why they hold the largest market share.

Regional Insights

North America was the dominant market, with a 35.2% revenue share in 2020. This is due to high aesthetic consciousness and rapid adoption of advanced products. A number of advanced laser instruments are also in demand in America for scar treatment.

In 2020, the U.S. accounted for the largest market share in North America. The American Burn Association (ABA) estimates that there are 486,000 cases of burns annually. The U.S. government reimburses for scar treatment of burn injuries. However, scar treatment for acne is not covered unless a letter of medical necessity is issued by a healthcare professional. The U.S. market is also being driven by increased healthcare spending by patients. The U.S. scar treatment market is expected to grow due to these factors. The major players in the U.S. scar treatment market include Scar Heal, Inc., Cynosure, Inc., CCA Industries, Inc., and Cynosure, Inc.

Asia Pacific will see the highest CAGR at 11.4% during the forecast period. This is due to high road accident rates in India. India and China are the two largest countries in Asia Pacific. Most countries in the region are developing economies that are moving faster to adopt technological advances. The region's industries have been influenced by the increasing investment of multinational corporations in R&D. The market is expected to grow due to the significant increase in women's concern about aesthetic appeal.

Market Share Insights & Key Companies

To expand their scar treatment product lines, the market leaders are creating strategic alliances. Molnlycke Healthcare, for example, opened a Northamptonshire distribution center in December 2020. The new distribution center was designed to provide uninterrupted product supply in the U.K. despite uncertainty due to Brexit and COVID-19. The following are some of the major players in the global scar management market:

• Smith & Nephew PLC

• Lumenis

• Merz Pharmaceuticals, LLC

• Sonoma Pharmaceuticals, Inc.

• Cynosure

• CCA Industries, Inc.

• Newmedical Technology Inc.

• Molnlycke Health Care AB

• Suneva Medical

Up Market Research published a new report titled “Scar Treatment Market research report which is segmented by Scar Type (Atrophic, Hypertrophic & Keloid Scars), by Product (Laser Products, Topical Products), By Players/Companies Sonoma Pharmaceuticals Inc, Suneva Medical, M¶lnlycke Health Care AB, CCA Industries Inc, Lumenis, Merz Pharmaceuticals LLC, Newmedical Technology Inc, Cynosure, Smith & Nephew PLC”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Scar Treatment Market Report Segments:

The market is segmented by Scar Type (Atrophic, Hypertrophic & Keloid Scars), by Product (Laser Products, Topical Products).

Scar Treatment Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Scar Treatment Market

Overview of the regional outlook of the Scar Treatment Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Scar Treatment Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Scar Treatment Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Atrophic

                2. Hypertrophic & Keloid Scars

                1. Laser Products

                2. Topical Products

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Scar Treatment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Scar Treatment Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.