North America Study on Scar Treatment Market, 2016-2022

North America Study on Scar Treatment Market, 2016-2022
Persistence Market Research
North America Scar Treatment Market
Expected to Account for US$ 4,190.6 Mn by
2022: Persistence Market Research
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North America Study on Scar Treatment Market, 2016-2022
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research ‘North America Market Study on Scar
Treatment: Rising incidence of Burn and Trauma cases and in increasing
prevalence of Acne Cases is Expected to Drive Growth of the Scar Treatment
Market Growth During the Forecast Period'
Scars are visible marks that remain after a wound has healed and is normally composed of
fibrous tissue. Scar revision is a surgical procedure used to remove or reduce scars. This
procedure also helps to restore functions such as skin maturations and collagen production
and corrects changes caused to the skin by wounds or even surgery. As estimated by
American Society of Plastic Surgeons (ASPS), which is the largest plastic surgery specialty
organization in the world, approximately 177,000 scar revision procedures were performed
in the U.S. in 2014. The scar treatment market has been estimated to be valued at US$
3,240.3 Mn in 2015, and US$ 4,190.6 Mn by 2022, registering a CAGR of 3.8% over the
forecast period.
The report analyses the North America scar treatment market in terms of market value (US$
Mn) on the basis of treatment, product type, distribution channel, and country. It also
provides information regarding market dynamics, value chain, competitive landscape,
current trends, market estimations, and forecast.
North America is expected to be the dominant region in the global scar treatment market
throughout the forecast period, driven by increasing number of trauma cases, burn-related
surgeries etc. The market in the U.S. is currently dominant in terms of revenue contribution
to the North America scar treatment market. Revenue from the scar treatment market in the
U.S. has been estimated to increase from US$ 2,845.2 Mn in 2015 to US$ 3,691.5 Mn by
2022, registering a CAGR of 3.8% over the forecast period. Rising number of trauma and
burn cases, increasing demand for minimally invasive surgeries coupled with effective scar
treatment procedures such as laser treatment, rising awareness regarding personal care,
and desire to remain beautiful are factors expected to boost the overall demand for scar
treatment products in the North America scar treatment market in the near future.
By treatment, the scar treatment market is segmented into topical treatment, laser
treatment, surface treatment, and injections. Among these, the topical treatment segment is
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North America Study on Scar Treatment Market, 2016-2022
expected to dominate the overall market by 2022, owing to ease of use, low price, lesser
side effects associated with the treatment which includes skin rashes, hyperpigmentation
and skin redness and easy availability.
By product type, the scar treatment market is segmented into topical products, laser
treatment products, surface treatment, and injectable. Topical product segment is further
sub-segmented into gels, creams, oils, and sheets. The segment is projected to register
above average growth rate over the forecast period. However, laser treatment product type
segment is estimated to register highest CAGR of 5.0% in the North America scar treatment
market over the forecast period.
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By distribution channel, scar treatment market is segmented into hospitals, clinics,
pharmacies and drug stores, and e-Commerce. Among these, hospitals segment is expected
to remain the attractive, and is estimated to account for 37.8% share of the North America
market value by 2016 end, and further increase to 38.6% by 2022.
View Detail Report With TOC: http://www.persistencemarketresearch.com/marketresearch/north-america-scar-treatment-market.asp
Key market participants covered in the report include Smith & Nephew Inc., Merz Inc.,
Enaltus LLC., Oculus Innovative Sciences, Inc., CCA Industries, Cynosure, Inc., Avita Medical,
LUTRONIC, Luminus Inc., Syneron Medical Ltd., and NutraMarks, Inc.
Market History:
An increasing number of burn cases, skin disorders, trauma injuries, and surgeries are
leading to rising number of scar revision procedures in North America. It has been noted that
majority of scar revision procedures conducted in related to acne scars. As estimated by the
American Society of Plastic Surgeons, 177,000 scar revision procedures were performed in
the U.S. in 2014. Scar treatment procedures such as topical treatment, laser treatment,
surface treatment, and injections are used to minimize scars. Topical scar treatment is a
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North America Study on Scar Treatment Market, 2016-2022
minimally invasive treatment, which includes the application of topical products such as
gels, creams, oils, and sheets directly on the scars in order to reduce their appearance.
Topical product segment accounted for the largest market share in North America scar
treatment market in 2014. Laser scar treatment includes CO2 lasers, pulsed dye laser and
excimer laser, or more precisely an exciplex laser, which helps remove unwanted or
damaged skin in a very precise manner, one layer at a time.
The scar treatment market in North America has been estimated to be valued at US$
3,355.0 Mn in 2016, and the markets in the U.S. and Canada are projected to witness stable
growth rates over the forecast period. This is attributed to technological innovations and
increasing application of topical products by consumers in this region.
The primary growth driver for the North America scar treatment market is increasing the
prevalence of trauma and burn injuries and acne cases. It has been estimated that a large
base of the population in North America suffer from acne scarring. According to the
American Academy of Dermatology, acne is the most common skin condition in the U.S.,
affecting over 50 million Americans annually. Furthermore, rising awareness regarding
personal care products, the wide availability of various minimally invasive treatments and
increasing adoption of e-Commerce marketing techniques by manufacturers of scar
treatment products is expected to create a favorable environment for the growth of the
North America scar treatment market over the forecast period.
Advancements in scar treatment products and treatment methods have led to the
integration of innovative solutions in scar treatment. For example, the usage of dermal fillers
(injections) in combination with laser treatment such as fractional non-ablative laser
treatment and chemical peels, has been known to positively impact its effectiveness in
treating acne scars.
Rising overall healthcare expenditure is also expected to contribute to overall growth of the
scar treatment market in the near future. Scars have an adverse impact on the appearance
and in turn result in lowering the confidence of an afflicted individual. Healthcare costs
associated with scar treatment among all age groups is increasing significantly across the
North America.
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North America Study on Scar Treatment Market, 2016-2022
Revenue from the market in North America is expected to expand at the highest CAGR
during the forecast period. Increasing prevalence of trauma, burns, and other skin-related
disorders, rising demand for minimally invasive scar revision procedures are factors
expected to drive market growth in the region. However, rising adoption of e-Commerce
marketing and increasing adoption of combination therapies tends to increase adoption of
scar treatment therapies among patients and thus, leads to standardization of the market in
the region. For example, for the treatment of acne scarring, involving chemical peeling (with
trichloroacetic acid) followed by subcision (a process of separating acne scar from the
underlying skin) and finally fractional laser irradiation, are widely accepted in the U.S. Also,
rising awareness regarding personal care and increasing e-Commerce marketing is expected
to drive market growth in the region. However, side effects such as hyperpigmentation, skin
rashes and skin redness associated with scar treatment procedures and high cost per
procedure are factors expected to moderately hamper the growth of the market in North
America during the forecast period.
The market in the U.S. accounted for the largest share of the North America scar treatment
market, attributed to rising demand for minimally invasive surgical procedures and rising
employability leading to increasing spending power in the country. High cost per procedure
and lack of skilled professionals are also expected to affect the overall market for the scar
treatment in the U.S. over the next few years.
The market in Canada is expected to witness stable growth over the forecast period and is
expected to evolve over time with increasing technological advancements and rising
awareness through e-Commerce marketing techniques.
Key market participants covered in the report include Smith & Nephew Inc., Merz Inc.,
Enaltus LLC., Oculus Innovative Sciences, Inc., CCA Industries, Cynosure, Inc., Avita Medical,
LUTRONIC, Luminus Inc., Syneron Medical Ltd., and NutraMarks, Inc.
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North America Study on Scar Treatment Market, 2016-2022
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