North America Stands as the Largest Scar Treatment Market is Expected to Contribute 40.5 % by 2023 - P&S Intelligence

Increasing prevalence of skin diseases, rising appearance consciousness among consumers, technological advancements in scar treatment products, increasing awareness among people for scar treatment, and increase in disposable income leading to rise in spending on personal care, are some of the major factors driving the growth of the market.

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Geographically, North America was the largest market scar treatment market in 2016 and is expected to contribute 40.5 % by 2023. This dominant position of the region is primarily attributable to high disposable income, which further increases spending on personal care products. Moreover, the increasing appearance consciousness among the population in the region has also led to a rise in the adoption of technologically advanced scar treatment products.

According to the AAD, approximately 85% of the population in the U.S. suffers from acne, every year. The growing awareness about various technologies, which can enhance physical appearance of an individual is driving the demand for advanced scar treatment products in the U.S. The Asian scar treatment market is expected to grow at a faster rate as compared to the other regions, owing to growing focus on personal well-being, increasing disposable income and rising prevalence of skin related problems in the region.

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Some of the key players in the scar treatment market are Smith & Nephew Plc, Syneron Medical Ltd., Mölnlycke Health Care AB, Shanghai Fosun Pharmaceutical (Group) Co. Ltd., Beijing Toplaser Technology Company Ltd., Merz GMBH & Co KGAA, Valeant Pharmaceuticals International Inc., Pacific World Corporation, Avita Medical Ltd. Enaltus LLC, Sonoma Pharmaceuticals Inc., CCA Industries Inc., Scarguard Labs LLC, Quantum Health, Hologic Inc.

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GLOBAL SCAR TREATMENT MARKET SEGMENTATION
By Type of Treatment
• Topical
• Surface
• Laser
• Injectable
• Invasive surgical
By Type of Scar
• Post-surgical scar
• Acne scar
• Keloid scar and hypertrophic scar
• Contracture scar
• Stretch marks scar
By End User
• Hospital
• Private Clinic
• Pharmacies and drug store
• E-commerce
By Geography
• North America
o The U.S.
o Canada
• Europe
o The U.K.
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o Rest of Asia-Pacific
• Latin America
o Brazil
o Others
• Rest of world (RoW)

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