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.
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Corporate Sales, USA
Global Market Insights, Inc.
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