USD 2.02 billion
Report ID:
SQMIG35A2949 |
Region:
Global |
Published Date: November, 2024
Pages:
159
|Tables:
94
|Figures:
69
Scar Treatment Market size was valued at USD 2.32 Billion in 2023 and is poised to grow from USD 2.59 Billion in 2024 to USD 6.18 Billion by 2032, growing at a CAGR of 11.5% during the forecast period (2025-2032).
The market is expected to grow due to several factors such as people becoming more aesthetically conscious, increasing number of accidents and thermal injuries, and technological advancements coupled with the introduction of new devices. Even though ultimate treatment requires the patient to visit a hospital or physician’s office, pre-and post-treatment planning has been increasingly popular through telemedicine.
According to a Report by the American College of Plastic Surgeons, in 2022, approximately 50,930 scar repair procedures were performed in the US. The demand for greater aesthetic appeal plays an important role in the increasing number of reconstructive scar reconstructive surgeries.
The market is experiencing significant technological advancement with the introduction of laser therapies, for example MedLite C6, a device based on Q-switched laser designed to treat tumors. Lasers help destroy scar tissue, thus helping in scar healing processes in the various fields. Laser products include both surgical and non-surgical applications. Plastic reconstructive surgery is also part of the surgical laser treatment program. For example, in June 2022, Cynosure launched the PicoSure Pro Device for the treatment of wrinkles, acne and pimples.
Global Market Size
USD 2.02 billion
Largest Segment
Gels
Fastest Growth
Injectables
Growth Rate
11.5% CAGR
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Global Scar Treatment Market is segmented by Product, Scar Type, Treatment Type, End-User and Region. Based on Product, the market is segmented into Topical Products (Creams, Gels, Silicon Sheets, and Others), Laser Products (CO2 Laser, Pulse-dyed Laser, and Others), Injectables, and Others. Based on Scar Type, the market is segmented into Atrophic Scars, Hypertrophic & Keloid Scars, Contracture Scars, Stretch Marks, and Others. Based on Treatment Type, the market is segmented into Surgical, Laser, Topical, and Injectable. Based on End User, the market is segmented into Hospitals, Clinics, Homecare and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Product
The topical products segment accounted for the largest market share at 65.5% in 2023. The availability of topicals, gels, and silicone sheets as over the counter (OTC) products empowers people used to treat wounds with laser products. The use has expanded as they offer a non-invasive, painless, alternative to allergic wound healing with minimal invasiveness. Topical medications are applied directly to the skin. These products include silicone sheets, creams and gels. These products are often purchased because they are easily available to consumers as OTC products. Furthermore, these measures do not require individuals to seek medical attention. Therefore, it is a more convenient option and is expected to increase the demand for these products. Other topical products include oils, sprays, thick dressings, garments and lubricants. When used to treat wounds, pressure garments apply pressure to the wound. These are non-invasive and can be used at home without medical advice. However, these topical formulations are ineffective and require continuous use for 6 to 12 months to achieve visible results, which may hinder the progress of the segments in the forecast period.
Laser products play an important role in the scar treatment market by providing an effective non-invasive method that reduces scar formation. Laser therapy uses focused light energy for stimulation the outer layer of the skin (ablative laser) or collagen production on the subcutaneous surface (non-ablative). This helps heal scar tissue and improve skin texture and tone. Laser products are particularly effective for a variety of scars, such as abscesses, surgical scars, hyperplasia, and are often preferred because of their precise targeting of scar tissue without damaging the surrounding healthy skin. This makes laser wound therapy a popular option for patients who require less downtime and fewer side effects compared to traditional surgery.
Analysis by End-Use
Homecare segment dominated the market with a share of 65.5% in 2023 owing to advanced services, technologies and advanced stain treatment products. Retail pharmacies/e-commerce segment witnessed fastest growth during the forecast period owing to strong growth driven by Internet websites. Increasingly scar treatments are easily available on these websites organic products are often purchased on such online sites without the need to visit a doctor. Moreover, people are also shopping online at discounted prices and great deals.
Hospitals is the fastest growing segment in the market. Most scar treatments are available in hospitals, giving patients options to reduce or eliminate scars. Generally, hospitals provide emergency first care to patients, typically for cuts, burns, bruises, and other serious injuries. Hospitals also treat, to prevent further wounds from developing in patients. Larger hospitals often have more advanced equipment and advanced patient care. Hospitals use non-invasive methods such as gels, creams and silicone sheets, as well as laser treatments.
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North America occupies a dominant position in the scar treatment market due to the region’s advanced healthcare infrastructure, increased consumer awareness and growing demand for aesthetic treatments. America leads the market establishing cosmetic procedures including wound restoration renew with therapeutic applications including skin condition, surgical techniques more emphasis, burn and rising injuries. Scar-treatment contributes to increased demand Investment in North American research and development supports innovation in wound healing technologies including laser treatments and topical products.
Asia-Pacific is emerging as the fastest growing region in scar treatment market, with growing population, increasing disposable income and increasing awareness of cosmetic and medical wound therapy in China, India, South Korea, Japan etc. Demand for scar removal and reduction products is driven by a growing middle class and greater personalized attention. In addition to surgery, accidents and a growing number of skin conditions contributing to the need for scar prevention solutions. Moreover, government initiatives to improve healthcare and availability of advanced treatments are fueling the growth of the scar treatment market in Asia Pacific.
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Drivers
Growing Demand for Aesthetic Procedures
Rising Incidence of Skin Conditions and Surgeries
Restraints
High Cost of Advanced Scar Treatment Options
Lack of Awareness in Emerging Markets
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The competition in the market is highly competitive, with large-and small-scale participants. Most of these companies are now focusing on R&D efforts, mergers, acquisitions, collaborations, and partnerships for higher market shares. The major players are focusing on strategies such as the launch of new products, mergers and acquisitions, and geographical expansions to cater to the unmet demand of the target population. For instance, in August 2023, Sofwave Medical Ltd received approval from the FDA for its Precise SUPERB Applicator to treat acne scars.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to SkyQuest analysis, the scar treatment market is driven by increased demand for cosmetic procedures, increasing incidence of acne and other skin conditions, and surgical procedures leading to scars. Technological advances in laser therapy and silicone-based products an increased topical. More effective and accessible options for wound management have been created but high cost associated with advanced treatments and lack of knowledge in emerging markets act as major restraints to market growth. Despite these challenges all these industries have been boosted by innovative solutions growth and the demand for stain treatment products and processes, especially in regions with high disposable income is also increasing.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 2.05 billion |
Market size value in 2031 | USD 5.54 billion |
Growth Rate | 11.5% |
Base year | 2023 |
Forecast period | 2024–2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Scar Treatment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Scar Treatment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Scar Treatment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Scar Treatment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG35A2949
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