Scar Removal Treatment Market Research Report- Forecast To 2030

Scar Removal Treatment Market Research Report Information, by treatment type (surgical, laser, topical, and injectable), by application (keloid scars, contracture scars, hypertrophic scars, acne scars, and others), by end user (hospitals, dermatology clinics, and others) - Global Forecast to 2030

ID: MRFR/MED/1724-HCR | January 2023 | Region: Global | 85 Pages         

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Scar Removal Treatment Market

The scar removal treatment market size is expected to grow at CAGR 9.1%, to reach USD 51.63 billion during the forecast period 2022-2030.

Segmentation
By Treatment Type surgical laser topical injectable
By Application keloid scars contracture scars hypertrophic scars acne scars
By End User hospitals dermatology clinics
Key Players
Companies Profiled   Avita Medical   Absolute MS (S) Pte Ltd   Cynosure Inc   Asclepion Laser Technologies GmbH   Enaltus LLC   Biodermis   Scarguard Labs LLC   WONTECH   Z-Roc Dermatology
Drivers
Market Driving Forces   The high predominance of burn wounds is propelling the market growth.The growing number of street mishaps
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Scar Removal Treatment Market Overview


The scar removal treatment market size is projected to reach USD 51.63 billion at 9.1% CAGR during the forecast period 2022-2030. A scar is caused by any wound, injury, burn, poor healing, and other trauma like surgery. Scars occur generally by the healing process after an injury. The appearance and treatment of scars is depending upon multiple factors. A surgery to expand or reduce the scars look is called scar revision. If the scar is easy to conceal, it is not so bad. But if it is large and not concealable, it is very hard to treat for removing the scar. Truly, it cannot be removed completely. Even though using different methods of treatments and surgical procedures, the scar can be reduced to a small size, and its appearance will change to look much better.


Nowadays, people are having more awareness regarding body aesthetics and showing interest in spending money on cosmetic procedures for scars removal and skin rejuvenation treatments. However, scar removal treatment services are rising rapidly.  Different types of scars treatment help in total skin revival and increase the individual's appeal. The interest in appearance is more for the feminine population as they took regular care of their appearance. Different types of treatments like surgery to remove the scar, and steroid injections or silicone sheets are used for flattening the scar.


COVID-19 Analysis:


The first two waves of the COVID-19 pandemic are highly adopted to telemedicine in all domains of the healthcare sector. Skincare is being a non-emergency treatment, it needs limited visits to hospitals. In this pandemic situation, it is very hard to meet the doctor for a regular check-up due to the rising cases of corona patients in the hospitals. Hence the doctors preferred telemedicine to treat the patients. Hence in 2020, the telemedicine trends play an important factor in optimizing the market growth. Additionally, the adoption of ambulatory surgery centers and the development of portable or mobile scar treatment devices are projected to rise the market growth. Hence the pandemic is moderately impacted the market growth.


Scar Removal Treatment Market Dynamics:


Drivers:


The growing number of street mishaps and the high predominance of burn wounds is propelling the market growth. The growing concern among people regarding enhancing their aesthetic appearance is boosting the demand for scar removal treatment. Severe scars or marks caused owing to accidents on the road are one of the major driving factors of the market growth. The World Health Organization (WHO) published the data that approximately 10 million people are injured every year due to road accidents.


Apart, these road accidents lead to the rise in demand for cosmetic procedures which is escalating the demand for laser instruments. Growing burn injuries cases is fueling the scar removal treatment market growth. Moreover, a surgical laser process like plastic and reconstructive surgeries is spurring the market growth. An increase in favorable reimbursement policies for scar treatment in the U.S is jetting the growth of the global market. Furthermore, the absence of international apex organizations coupled with data collection systems is bolstering the market growth.


Restraint:


Misconceptions and side effects associated with skin treatment mechanisms is expected to hinder the market growth.


Opportunities:


The introduction of the advanced technology development of laser therapy is experiencing the growth of the market. Moreover, reimbursement on the surgical procedures for burns, trauma,  and post-operative surgical procedures is boosting the market growth in our country. Favorable initiatives taken by the U.S. government by the funds of various manufacturers are fostering market growth.


Challenges:


Lowest literacy rates and underdeveloped economies are lack awareness of benefits regarding the scar removal treatment is the major challenge of the market.


Study Objectives



  • To provide detailed information about the scar removal treatment market structure along with various forecast segments and subsegments of the market for the next 5 years.

  • To provide positively impacting factors that are affecting the growth of the scar removal treatment market value.

  • To examine the scar removal treatment market industry analysis based on porter’s five force analysis, various chain analysis, etc.

  • To provide history and forecast revenue segments and sub-segments of the scar removal treatment market revenue for the four main geographies.

  • To offer the country-level analysis of the current market size and forecast perspective.

  • To provide country-level analysis of the market industry growth by region, treatment type, end-user, and application.

  • To offer a strategic profile of the major key competitors in the market, analyze their core competencies, and draw a global market growth landscape.

  • To track and analyze new product developments, strategic alliances, and global market research and development.


Scar Removal Treatment Market Segment Overview:


The scar removal treatment market has been divided into four segments based on treatment type, applications, end-user, and region.


Based on Treatment Type


The scar removal treatment types are classified into four types such as laser, surgical, topical, and injectable. Among them, laser products are predicted to witness the highest market share during the review period.


Based on Application


Based on the application, the scar removal treatment is sectioned into a few segments like contracture scars, keloid scars, hypertrophic scars, acne scars, and others. Out of these types of scars, the keloid and hypertonic segments are projected to witness the fastest growth due to the rising number of surgical procedures, burn injuries, and traumatic wound cases.


Based on End-user


By end-user, the scar removal treatment is categorized into a few forms like hospitals, dermatology clinics, and others. Among them, the hospital’s segment is leading the market share due to the usage of sophisticated infrastructure and the presence of advanced technology products used for scar treatment.


Based on Region


Regionally, the scar removal treatment market is divided into four major regions such as Asia-Pacific, North America, Europe, and the Middle East & Africa. Out of these regions, North America is expected to dominate the largest market share due to the rising number of accidents and robust support from the governments, rising awareness among people, and efficiently laid out healthcare infrastructure.


Scar Removal Treatment Market Regional Analysis -


Geographically, the scar removal treatment market is partitioned into four major regions like Asia-Pacific, North America, Europe, and the Middle East & Africa. Among them, North America is holding the highest scar removal treatment market share due to the high aesthetic consciousness among the people and rapid adoption of advanced products. Moreover, advanced laser instruments are highly demandable for scar treatment in the U.S. Asia-Pacific is predicted to be the fastest-growing region in the review period due to the high incidence of road accidents in countries like India and China.


Scar Removal Treatment Market Competitive Landscape


The prominent key players in the scar removal treatment market outlook are the following:



  • Avita Medical

  • Absolute MS (S) Pte Ltd

  • Cynosure Inc

  • Asclepion Laser Technologies GmbH

  • Enaltus LLC

  • Biodermis

  • Scarguard Labs

  • LLC

  • WONTECH

  • Z-Roc Dermatology

  • Merz Pharma

  • com

  • Suneva Medical, Inc

  • TorquePharma, and others.


Recent Developments



  • In June 2020, a highly populated enterpriser, Bausch Health Company, Inc introduced the ARAZLO lotion which acts as a potent alternative for acne treatment. This is approved by the United States Food and Drug Administration (USFDA).

  • A famous company Dermatix introduced the acne scar cream which includes vitamin B3 and antioxidants that specially target acne aftereffects like scars and spots.

  • One of the well-known industries, Medlite Corporation introduced the laser-based instrument named MedLite C6 that is used for the treatment and removal of acne, spots, and scars.


Scar Removal Treatment Market Report Overview:


This global scar removal market research includes the Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent developments, Segmentation Table, and FAQs. The market scenario includes the scar removal treatment market drivers, restraints, challenges, and opportunities. The scar removal market forecast segments into four forms treatment type, applications, end-user, and region.



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 51.63 Billion
  CAGR   9.1%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   treatment type, application and end user
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Absolute MS (S) Pte Ltd., Asclepion Laser Technologies GmbH, Avita Medical, Biodermis, Cynosure Inc., Enaltus LLC., Merz Pharma, Revitol.com, Scarguard Labs, LLC, Suneva Medical, Inc., TorquePharma, WONTECH, Z-Roc Dermatology
  Key Market Opportunities   Joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments
  Key Market Drivers   technological advancement, macro economical and governing factors


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Frequently Asked Questions (FAQ) :

The valuation of the global scar removal treatment market is estimated to increase to USD 51.63 BN by the end of 2030.

Asclepion Laser Technologies GmbH (Germany), Absolute MS (S) Pte Ltd. (Singapore), Avita Medical (U.K), Cynosure Inc. (U.S.), Biodermis (U.S.), Enaltus LLC. (U.S.), Revitol.com, Merz Pharma GmbH & Co. (Germany), Scarguard Labs, LLC (U.S.), TorquePharma (India), Suneva Medical, Inc. (U.S.), WONTECH (Korea), and Z-Roc Dermatology (U.S.), are some of the major players operating in the scar removal treatment market.

Technological advancements and rising disposable income levels of patients are major drivers of the global scar removal treatment market.

North America holds the largest share in the global scar removal treatment market, followed by Europe and the Asia Pacific, respectively.

The Laser segment by treatment types holds the larger shares in the global scar removal treatment market.