GMI Bionic Ear Market | Page 2

personal care products will boost demand. Moreover, rising number of road accidents leading to injuries will stimulate industry growth. Brazil scar treatment market should grow at robust rate owing to increasing desire among the population to look beautiful and high per capita expenditure on cosmetic procedures. Increasing medical tourism for undergoing various cosmetic procedures would further aid industry expansion. Indian scar treatment market is poised to exhibit profitable growth owing to the presence of large population base with unmet needs. Growing awareness regarding scar treatment will boost growth. Increasing number of burn incidences and per capita expenditure coupled with improving healthcare infrastructure will aid industry expansion. Some of the prominent industry players in the industry include Smith and Nephew, Lumenis, Sonoma Pharmaceuticals, Hologic, and Merz. The industry players undertake various strategic initiatives such as acquisitions and new product development to strengthen their market presence. For instance, in March 2016, Sientra acquired bioCorneum advanced silicone gel products from Enaltus. The acquisition has broadened the company’s product portfolio. . About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. Contact Us: Arun Hegde Corporate Sales, USA Global Market Insights, Inc. 2 | Page