Scar Management Market Size is valued at USD 1.02 Bn in 2022 and is predicted to reach USD 1.64 Bn by the year 2031 at a 5.61% CAGR during the forecast period for 2023-2031.
The scars management market is natural and inevitable, in which fibrous tissue replaces normal tissue. Collagen is initially generated randomly, forming fibrous clumps, and then remodels along lines of strain. There is a potential for adhesions to start in the neighbouring tissues as this natural process unfolds. As the global surgical procedure volume, scar management awareness, innovative treatment choices, consumer disposable income, and the elderly population all rise, the global scar treatment market is predicted to expand rapidly throughout the projected period. Scars are a common consequence of injury or surgery and can have psychological as well as physiological effects on patients.
The advent of laser therapy has brought about significant technological advancements in the scar treatment sector. The rising rate of traffic collisions is also a major element driving the expansion of this industry.
However, the scar management market is expected to expand, although it may face challenges from elements like the high price of laser treatment for scar removal, one of the primary factors that could slow the projected expansion of the world market for scar therapy. The COVID-19 outbreak is likely to have a detrimental impact on the expansion of the scar therapy sector as most hospitals are not accepting outpatients owing to lockdowns.
The COVID-19 virus increases the chance of death in patients with preexisting illnesses like diabetes and cardiovascular disease. Numerous elective surgeries have been rescheduled or delayed as a result of the COVID-19 pandemic's heightened demand for healthcare facilities. The healthcare industry has been reorganized to create more secure medical centres. As a result, post-pandemic conditions are expected to boost market growth.
Competitive Landscape:
Some Major Key Players In The Scar Management Market:
- Advancis Medical
- Bayer AG
- Braun S.E.
- Bio Med Sciences, Inc.
- Covalon Technologies Ltd.
- Derma E
- Mölnlycke Health Care AB
- Newmedical Technology Inc.
- Quantum Health
- Smith & Nephew
- Sonoma Pharmaceuticals, Inc.
- Stratpharma AG
- Scar Heal, Inc.
- Weigao Group
- Winner Medical Co., Ltd
- Others
Market Segmentation:
The scar management market is segmented based on product scar type and end user. As per the product, the market is segmented into silicon gel and spray, silicon dressing, cream and ointment, and Others. By scar type, the market is segmented into atrophic Scars, Hypertrophic and Keloid Scars, and Others. By end user, the market is segmented into hospitals, speciality clinics, and home healthcare.
Based On The Product, The Silicone Gel Scar Management Market Segment Is Accounted As A Major Contributor To The Scar Management Market
The silicone gel scar management market is expected to hold a major global market share in 2022. The silicone gel is for the relief of skin irritation and burns caused by radiation therapy. This treatment is intended to restore and protect the skin from radiation damage while also increasing hydration and suppleness.
The Atrophic Scars Segment To Witness Growth At A Rapid Rate
The atrophic is projected to grow rapidly in the global Scar management market due to developing at a higher rate than the total market throughout the projected period, primarily as a result of an increase in surgical procedures, especially in countries like the US, Germany, the UK, China, and India.
In The Region, The North American Scar Management Market Holds A Significant Revenue Share
The North American scar management market is expected to record the maximum market share in revenue in the near future. It can be attributed to the fact that increased government spending because of rising concerns about the look, the widespread availability of scar treatment products, growing disposable incomes, improved hospital infrastructure, and general acceptance of cutting-edge medical technology. In addition, Asia Pacific is estimated to grow rapidly because scar management anticipated that leading players in the area will continue to implement growth strategies, such as product releases, to fuel the market's expansion over the forecast period.
Recent Developments:
- In Sept 2021, Sonoma Pharmaceuticals, Inc. disclosed the commencement of the consumer release of Regenacyn® Advanced Scar Gel and Ocucyn® Eyelid & Eyelash Cleanser as over the counter ("OTC") products on the popular online marketplace, Amazon.com. Additionally, the company has made available MucoClyns™ on several Amazon sites across Europe. All three items were developed using Sonoma's patented Microcyn® technology and were promptly made accessible for customer orders.
Scar Management Market Report Scope
|
Report Attribute |
Specifications |
|
Market Size Value In 2022 |
USD 1.02 Bn |
|
Revenue Forecast In 2031 |
USD 1.64 Bn |
|
Growth Rate CAGR |
CAGR of 5.61% from 2023 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2023 to 2031 |
|
Historic Year |
2019 to 2022 |
|
Forecast Year |
2023-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Product, Scar Type, End-User |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
|
Competitive Landscape |
Advancis Medical, Bayer AG, B. Braun S.E, Bio Med Sciences, Inc., Covalon Technologies Ltd., Derma E, Molnlycke Health Care AB, Newmedical Technology Inc., Quantum Health, Smith & Nephew, Sonoma Pharmaceuticals, Inc., Stratpharma AG, Scar Heal, Inc., Weigao Group, Winner Medical Co., Ltd. and others. |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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