Global Scar Treatment Market – Analysis and Forecast (2018-2024)
The scar is a natural process of healing after an injury. There are different types of scars such as contracture scars, hypertrophic scars, acne scars, and keloid scars. The scar is treated with the help of over the counter drugs, injections, and surgical removal. The global scar treatment market is predicted to grow at 11.9% CAGR during the forecast period with the market size reaching USD 37.6 billion by 2024. Different types of products such as surface, laser, topical, and injectable are majorly contributing to the scar treatment market size. The market has witnessed significant demand for topical over the last few years due to cost effectiveness, easy application, easy availability, fewer side-effects, and to greater acceptance of creams and gels for healing scars, such as burns, acne, and surgical marks. Download Free Report Sample At: https://www.vynzresearch.com/healthcare/scar-treatment-market/request-sample The mounting occurrence of skin diseases such as vitiligo, psoriasis, eczema, and photoaging of skin, technological advancement in products, escalating appearance consciousness among consumers, mounting number of surgical procedures, and intensifying disposable income are the key factors leading to the growth in the scar treatment market, globally. For instance, according to the American Academy of Dermatology, in the U.S., annually approximately 50 million Americans are suffering from acne. Owing to the mounting disposable income, the upsurge in personal care spending has resulted, which further increases the demand for treatment of scars. Some of the other key factors driving the growth of the industry are mounting awareness about the treatment of scars, mounting healthcare expenditure, an increasing number of road accidents, and escalating demand for organic products for the treatment of scars. Geographically, North America is the largest scar treatment market as in the region the occurrence of skin disease is increasing. In addition, mounting disposable income, a large number of players in the U.S. are focusing on R&D to introduce new products, and technological advancement in treatment products are also fueling the growth of the North American scar treatment market. Asia-Pacific is observed to witness significant growth in the scar treatment market during the forecast period, as the region comprises a large population. Moreover, mounting disposable income, mounting healthcare expenditure, improving healthcare infrastructure, expanding awareness regarding the treatment of scars, and escalating skin related problems are also facilitating the significant growth of Asia-Pacific scar treatment industry. Read More: https://www.vynzresearch.com/healthcare/scar-treatment-market Market players in the scar treatment industry are investing capital to develop technologically advanced systems. In April 2017, Sonoma Pharmaceuticals, Inc. received regulatory approvals for Epicyn Scar Hydrogel from the United Arab Emirates Ministry of Health & Prevention, for the management of scars. Hologic Inc., Sonoma Pharmaceuticals Inc., Avita Medical Limited, Smith & Nephew Plc, Scarguard Labs LLC, Mu00f6lnlycke Health Care AB., Bausch Health, Merz Pharma GmbH & Co. KGaA, and Johnson & Johnson are some of the key players offering solutions for scar treatment. Audio Source: www.bensound.com About VynZ Research VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. Contact Manager: Client Care Toll-Free: 18882533960 Email: kundan@vynzresearch.com Website: www.vynzresearch.com
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