Global Scar Treatment market is expected to reach over USD 41,776.1 Scar Treatment Market

Global Scar Treatment market is expected to
reach over USD 41,776.1 Million by 2024
According
to
a
new
market
report
published
by
BlueWeave
Consulting (www.blueweaveconsulting.com), the Global Scar Treatment market was
valued at US$ 21.36 Bn in 2017 and is expected to expand at a CAGR of 10.1% from 2018
to 2024, reaching US$ 41.77 Bn by the end of the forecast period. According to the report,
North America was the largest contributor in terms of revenue to the Global Scar Treatment
market in 2017.
Increasing appearance consciousness among consumers is driving the Global Scar
Treatment market
The increasing appearance consciousness among consumers, due to exposure to media is
driving the demand for scar treatment market.
According to the American Society of Plastic Surgeons, in 2012, about 14.6 million cosmetic
plastic surgeries were carried out in the U.S., which increased by 5%, as compared to 2011.
These surgeries were carried out for the improvement of physical appearance of individuals.
According to American Society of Plastic Surgeons, in 2014, approximately 177,000 cases
were reported for scar revision. The increasing number of surgeries for the improvement of
physical appearance is expected to drive the demand of the scar treatment globally.
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Global Scar Treatment Market: Scope of the Report
The Global Scar Treatment market is segmented on the basis of type of treatment, type of
scar and end-users. On the basis of types of treatment, the global scar treatment market is
segmented into topical treatment, surface treatment, laser treatment, injectable treatment,
and invasive surgical treatment. Tropical Scar treatment was the largest segment in the
Global Scar Treatment market in 2017, and is estimated to witness significant growth during
2018-2025.
On the basis of type of scar, the global market for scar treatment has been segmented into
acne scars, post-surgical scars, contracture scars, hypertrophic scars, keloid scars, and
stretch marks. Post-Surgical Scar was the largest segment in the Global Scar Treatment
market in 2017, and is estimated to witness significant growth during 2018-2025. On the
basis of end user, the global market for scar treatment has been segmented into private
clinic, hospital, pharmacy & drug store and e-commerce. Hospital accounted for the largest
segment in the Global Scar Treatment market in 2017, and is estimated to witness
significant growth during 2018-2025.
On the basis of region, the market is segmented into five parts namely North America, Asia
Pacific, Europe, Latin America and Rest of the World (ROW). North America was the largest
region in the global scar treatment market in 2017 with a market share of 36.6% and it is
estimated to grow over a CAGR of over 10% during 2018-2025.
Global Scar Treatment Market: Competitive Dynamics
The companies, such as Valeant Pharmaceuticals, Smith & Nephew PLC, Mölnlycke Health
Care, Pacific World Corporation, Enaltus LLC, Oculus Innovative Sciences, Inc., Merz
Pharmaceuticals, Revitol Corporation, Quantum, Scarguard Labs, and CCA Industries, are
the major players offering scar treatment products.
In terms of product offerings, Scarguard Labs is the leading player in the market, providing
different scar treatment products. Moreover, Scarguard Labs is a pure play company