Outlook on the Scar Treatment Global Market to 2031 - by Scar Type, Product, End-user and Region - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Scar Treatment Market By Scar Type, By Product, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.

According to this report the scar treatment market size was valued at $13.1 billion in 2021, and is estimated to reach $32.4 billion by 2031, growing at a CAGR of 9.4% from 2022 to 2031.

Scarring is the process of external epidermal layer repair. Thus, scars result naturally as part of normal healing process in human body. Scars occur exactly at the site of wounds and nearby areas resulting in dark red fibrous tissue, which gradually becomes lighter in color. Scar treatment such as anti-scar gels and laser treatment are used to remove scar marks to enhance appearance.

Rise in demand for cosmetic corrections and availabilities of different anti-scar treatments drive growth of the market. Furthermore, rise in incidences of stretch marks, owing to heavy weight training and obesity drives demand for scar treatment. In addition, women have stretch marks owing to cesarean child delivery, which further contributes toward growth of the Scar Treatment Industry. For instance, according to the Centers for Disease Control and Prevention (CDC), in 2020, cesarean delivery rate increased to 31.8%.

Furthermore, factors such as advancements in Scar Treatment Industry, increase in R&D activities, rise in number of hospitals and cosmetic clinics drives the Scar Treatment Market Growth. For instance, in April 2021, Pharmaxis, Australian pharmaceutical research company, in collaboration with the University of Western Australia (UWA) to start a world-first clinical trial to investigate a cream to stop scar forming after trauma, particularly following burn injuries. Furthermore, rise in awareness regarding scar treatment contributes toward growth of the scar treatment market.

Increase in prevalence of injuries and burn cases drive growth of the market. Infectious wounds tend to take longer healing time, which results in hypertrophic scar formation. In addition, rise in clinical trials for development of novel scar treatment contributes in growth of the market. For instance, in December 2020, according to a report published by Springer Nature, a global scientific publisher, intralesional 1470 nm bare-fiber diode laser shows promising results for treatment of hypertrophic scars.

Furthermore, rise in trend of skin piercing further drives growth of the market. Skin piercing leads to formation of keloids. Thus, prevalence of wound injuries and R&D for novel treatment of hypertrophic scars boost growth of the market

The scar treatment market is segmented into by scar type, product, end user, and region.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the scar treatment market analysis from 2021 to 2031 to identify the prevailing scar treatment market opportunity.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the scar treatment market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global scar treatment market size.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global scar treatment market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Scar Type

• Atrophic Scar
• Hypertrophic and Keloid Scar
• Contractures
• Stretch Marks

By Product

• Topical
• Laser based treatment
• Others

By End User

• Hospitals
• Clinics
• Home Care

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe
• Asia-Pacific
• Japan
• China
• Australia
• India
• South Korea
• Rest of Asia-Pacific
• LAMEA
• Brazil
• Saudi Arabia
• South Africa
• Rest of LAMEA

Key Market Players

• Avita Medical Limited
• Bausch Health Companies Inc.
• Cynosure, Inc.
• hra pharma
• Molnlycke Health Care AB
• Polytech Health & Aesthetics GmbH
• Sientra, Inc.
• sisram inc
• Smith and Nephew plc.

For more information about this report visit https://www.researchandmarkets.com/r/9utnqv

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