Pune, India -- (SBWire) -- 04/24/2018 --Global Scar Removal Treatment Market - Overview
Scarring is the natural healing process for repairing the wounds. But when there is a major damage that occurs to the deeper layer of the skin or tissue it leads to formation of a scar. These scars are formed after the healing process or post injury which causes structural changes to the skin layers altering the construction of the normal skin. There are few types of scars such as hypertrophic scars, contracture scars, keloid scars, acne scars, and others.
The type and appearance of a scar is determined by the wound and the extent of damage done. According to the World Health Organization (WHO), about 234.2 million major surgical procedures are executed every year, worldwide. The growing awareness between people for scar treatment, along with the upsurge in disposable income cause rise in spending on personal care driving the growth of the global scar treatment market.
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However, the appearance and treatment for the scar depends on multiple factors. Scars are not so bad when they are easy to conceal. However, side effects of scar treatment products, high cost associated with scar treatment, and unfavourable policies for cosmetic surgeries by insurance companies are some of the factors that can hamper the growth of the market.
The global scar removal treatment market is expected to grow with a CAGR of approximately 9.5% during the forecast period from 2017-2022.
Leading Vendors:
Valeant Pharmaceuticals International Inc. (U.S.), Asclepion Laser Technologies GmbH (Germany), Avita Medical (UK), Biodermis (U.S.), Cynosure Inc. (U.S.), Enaltus LLC (U.S.), Scarguard Labs LLC (U.S.), Suneva Medical, Inc. (U.S.), TorquePharma (India), WONTECH (South Korea), Z-Roc Dermatology (U.S.), Smith & Nephew Plc (U.S.), Lumenis Ltd. (Germany), Syneron Medical Ltd. (U.S.), Mölnlycke Health Care Ab (Sweden), Shanghai Fosun Pharmaceutical (Group) Co., Ltd (China), Beijing Toplaser Technology Company Limited (China), Merz Gmbh & Co. Kgaa (Germany), Absolute MS (S) Pte Ltd. (Singapore), Pacific World Corporation (U.S.), Avita Medical Limited (UK), Enaltus LLC (U.S.), Oculus Innovative Sciences, Inc. (U.S.), Cca Industries Inc. (U.S.), Revitol Corporation Inc. (U.S.), Scarguard Labs Llc (U.S.), Quantum Health (U.S.), and others are some of the prominent players at the forefront of competition in the global scar removal treatment market and are profiled in MRFR Analysis.
Industry Updates:
March, 2017 Valeant Pharmaceutical International, Inc. declared the sale of AMBI, AcneFree, skincare brands to L'Oréal for $1.3 billion in cash. The deal is projected to help the company to repay term loan debt under its senior credit facility
Nov, 2016 B. Braun Melsungen AG launched Prontosan Wound Gel X used for maintaining a moist and clean wound environment that aids for the process of healing
April, 2016 Baxter International, announced the U.S. launch of premix drug Vancomycin injection in Sodium Chloride which provides effective treatment to scars
Nov, 2015 Lumenis acquired Pollogen Ltd, an Israeli-based medical esthetic company with an aim to expand its esthetic products portfolio
Global Scar Removal Treatment Market - Regional Analysis
The global scar removal treatment market is segmented into five major regions including Americas, Europe, Asia Pacific, and Middle East and Africa region.
Americas region holds the largest market for scar removal treatment. North America is the leading market in the America region owing to the rapid adoption of advanced products and high concern about aesthetics. The high demand ofo advanced laser instruments for scar treatment are in the U.S. is subjected to be an influential regional market. As per the American Academy of Dermatology (AAD), about 85% of Americans are suffering from acne at certain phase in their lives. Several products are used to treat these skin diseases for overcoming the harmful effects of ultraviolet radiation, scar treatment products are used.
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Moreover, the European market is growing constantly catching up with the American market in the near future. The increase in the demand for the scar removal treatment with the cosmetic surgeries are projected to boost the market for scar removal treatment.
The Asia-Pacific market is anticipated to grow at the fastest pace in the scar removal treatment segment during the forecasted period. This is mainly since countries such as India have the highest number of road accidents. This region is expected to contribute significantly for the market in the near future. Middle East & Africa region are likely to have a limited but steady growth in the market.
Some points from TOC:
1INTRODUCTION
1.1DEFINITION
1.2SCOPE OF STUDY
1.2.1RESEARCH OBJECTIVE
1.2.2ASSUMPTIONS & LIMITATIONS
1.2.2.1ASSUMPTIONS
1.2.2.2LIMITATIONS
1.3MARKET STRUCTURE:
2RESEARCH METHODOLOGY
2.1RESEARCH PROCESS:
2.2PRIMARY RESEARCH
2.3SECONDARY RESEARCH:
3MARKET DYNAMICS
3.1DRIVERS
3.2RESTRAINTS
3.3OPPORTUNITIES
3.4MACROECONOMIC INDICATORS
4MARKET FACTOR ANALYSIS
4.1PORTERS FIVE FORCES MODEL
4.2BARGAINING POWER OF SUPPLIERS
4.3BARGAINING POWER OF BUYERS
4.4THREAT OF NEW ENTRANTS
4.5THREAT OF SUBSTITUTES
4.6INTENSITY OF RIVALRY
5GLOBAL SCAR REMOVAL TREATMENT MARKET, BY TREATMENT TYPE
TOC CONTINUED…
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Scar Removal Treatment Market 2018 - Rising Cases of Accidents and Skin Problems Is Fuelling the Growth with Topmost Players by 2022