Global Stretch Marks Treatment Market size to touch US$ 3.4 Bn by 2026 at a CAGR of 8%
Noida, Uttar Pradesh, India, March 18 2021 (Wiredrelease) Report Ocean Pvt Ltd –:Increasing obesity issues due to the unhealthy lifestyles prevalence is majorly driving the growth. Growing cosmetic concerns among pregnant women are also expected to fuel the market. The rise in the consumption of calorie-laden fat food by a large population is majorly responsible for increasing stretch marks, thereby augmenting the targeted treatment demand. Furthermore, an increasing number of online suppliers for the therapy is impelling the stretch marks treatment market. Topical products are usually used for stretch marks treatment caused during pregnancy. Global doctors are increasingly recommending the use of these products to pregnant women. Moreover, the physicians’ advice altogether with growing acceptance by the users is expected to propel the market in the forecast period. Following these promising developments, the Global Stretch Marks Treatment Market is estimated to see healthy growth, pegged at a CAGR of around 8% throughout the forecast period 2020-2026.
Laser treatments can efficiently minimize the stretch marks in few treatment sessions. Besides, the laser treatments are less invasive, quick, require no downtime, and offer smooth and better-looking skin with no need for surgery. This leads to increasing demand for less invasive skin procedures by patients, and the quick treatment time offered by laser is augmenting the demand for laser treatment.
According to the World Health Organization (WHO), obesity has tripled across the world since the past decade. During the year 2016-2017, over 1.9 billion adults were overweight, among which over 650 million were overweight. The WHO has also stated that most of the world’s population lives in countries where obesity and overweight kills more people than underweight. The above statements indicate a high burden of obesity globally, which augments the rise in the number of people having stretch marks. This is ultimately contributing to the market growth.
Furthermore, many pregnancies are seen in developed and developing countries, which is also augmenting the stretch mark treatment products demand. For instance, there were 3,855,500 births in the US, as per the Center for Disease Control and Prevention data.
Topical Treatment Segment is Anticipated to Dominate the Market
The stretch mark treatment market is dominated by topical treatment based on the treatment type. The segment is majorly attributed to the high cost of other treatments such as Microdermabrasion and laser. Other factors include the availability and ease of use of these products. Most females take medicine for their stretch marks at home, only for which they prefer creams, lotions, or oils. These products’ price is comparatively less, which makes it more reasonable for low to middle-income people.
In developing countries such as China, India, Mexico, and South Africa, people usually go with cost-effective and easily accessible products, resulting in high topical products sale for stretch marks in such countries. Also, topical products come with fewer side effects than lasers, making them a more trustworthy treatment.
North America Account for the Largest Market Share
North America is expected to hold the largest share in the global stretch marks treatment market, owing to the availability of better treatment options and the large target population. The market companies are also focusing more on the developed economy as there is a tremendous stretch mark treatment demand in the US. According to the Behavioral Risk Factor Surveillance System (BRFSS) data, the adult obesity rate has exceeded 35% in most US states. This augments the demand for stretch mark treatment in these states as obesity is the prime factor for developing stretch marks.
Segmentation Overview of the Global Stretch Marks Treatment Market
The stretch marks treatment market is segmented based on Treatment and End User. These major market segments are further categorized into various sub-segments to study the market in detail.
By Treatment Outlook
Topical products (Creams, Oils & Serum, Lotion)
Laser (Fractional Laser, Pulse-Dye Laser, Others)
By End User Outlook (Hospitals and Clinics, Home Use)
Key Players Insights
Laboratoires Expanscience, Merz Syneron Medical Ltd., North America, Inc., E.T. Browne Drug Co., Inc., Cynosure, Inc., Clarins Group, Centre Light Solutions, LLC, Union-Swiss (Pty) Ltd., Basq Skincare, Ellipse A/S, Helix BioMedix, Inc., The Boppy Company LLC, Mama Mio US, Inc., Dermaclara, Inc., and Weleda AG, among others, are the prominent stretch marks treatment companies included during the research study.
Feel Free To Ask Question Before Purchasing The Report @ https://www.reportocean.com/industry-verticals/sample-request?report_id=QY7419
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believe in providing the quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is “one-stop solution” for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Address: 500 N Michigan Ave, Suite 600, Chicago, IIIinois 60611 – UNITED STATES
Tel: +1 888 212 3539 (US – TOLL FREE)
This content has been published by Report Ocean Pvt Ltd company. The WiredRelease News Department was not involved in the creation of this content. For press release service enquiry, please reach us at email@example.com.