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Syneron Candela, Hologic, Inc., Avita Medical, Smith & Nephew, CCA Industries, Scarguard Labs LLC are the Key Players Operating in the Scar Treatment Market

12-10-2018 08:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Syneron Candela, Hologic, Inc., Avita Medical, Smith & Nephew,

According to P&S Intelligence, scar treatment market size is expected to reach $34.9 billion by 2023. The market is mainly driven by rising prevalence of skin diseases, technological advancements in dermatological devices, rise in the number of road accidents, increasing number of surgical procedures performed, increasing awareness among people about various scar treatments, and surge in disposable income of general population leading to rise in spending on personal care.

Browse report sample at: https://www.psmarketresearch.com/market-analysis/scar-treatment-market/report-sample

*Insights on market segments

Topical, surface, laser, injectable, and invasive surgical are the types of treatment available for removal or reduction of scars. Among these, the demand for topical products is expected to witness the highest growth, at a CAGR of 10.9%, during the forecast period. The growth in topical scar treatment market is mainly due to the various advantages of these products such as ease of application, low cost and less severe side effects of these products, compared to laser and other treatment options.

Scar can be formed due to different causes and each cause can lead to a different type of scar. Based on the type of scar, the scar treatment market is categorized into post-surgical scar, acne scar, keloid and hypertrophic scar, contracture scar, and stretch mark. The market is expected to witness fastest growth in the keloid and hypertrophic scar type category, with a CAGR of 11.8%, during the forecast period, mainly driven by the growing number of burns cases, globally.

Browse report at: https://www.psmarketresearch.com/market-analysis/scar-treatment-market

*Key players are launching topical scar treatment products to increase their market share

The key players operating in the scar treatment industry are launching various topical products, especially gel based, in order to strengthen their position in the topical scar treatment market. For instance, in October 2017, Sonoma Pharmaceutical Inc. received Brazilian Ministério da Saúde approval, for the marketing of multiple hypochlorous acid-based dermatology products such as Lasercyn, Gramaderm, Epicyn and Pediacyn. Among these products Epicyn is specially used for scar treatment.

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Some of the other key players operating in the scar treatment market are Syneron Medical Ltd., Merz Pharma GmbH & Co. KGaA, Hologic Inc., Beijing Toplaser Technology Company Limited, Avita Medical Limited, Mölnlycke Health Care ABFosun Pharmaceutical (Group) Co., Ltd., Smith & Nephew Plc, CCA Industries Inc., Scarguard Labs LLC, Quantum Health, Valeant Pharmaceuticals International Inc., and Pacific World Corporation.

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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