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What's driving the Scar Treatment Market in U.S.? | Key Players are CCA Industries, Scarguard Labs LLC, Quantum Health, VALEANT, Pacific World Corporation, Johnson & Johnson

06-24-2019 08:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

What's driving the Scar Treatment Market in U.S.? | Key Players

The U.S. scar treatment market size is expected to reach $11.3 billion by 2023. The market is mainly driven by increasing number of surgeries for the improvement of physical appearance, growing prevalence of skin problems leading to scar formation, increasing expenditure on personal care, and technological advancements in dermatological products.

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Scar treatment simply refers to the treatment of marks appearing on the skin surface after it is damaged. It consists of products used and therapies conducted by cosmetologists, dermatologists, and other skin specialists for either completely removing the scars or making these less visible. Based on the type of treatment, the U.S. scar treatment market is classified into surface, topical, laser, injectable, and surgical categories. Among all, the topical category accounted for 61.2% revenue contribution to the market in 2017.

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On the basis of end user, the scar treatment market is categorized into home-use, hospitals, dermatology clinics, and others. During the forecast period, the market is expected to witness the fastest growth in hospitals end-user category, with CAGR of 11.2%. This growth is mainly characterized by technological advancements in the laser-based products for the treatment of scars, increasing adoption of these products by the surgeons, and rising number of surgical procedures performed in the U.S. hospitals.

The key players operating in the U.S. scar treatment industry are launching various topical products that are intended to be used at-home by the users. For instance, in April 2018, Sonoma Pharmaceuticals Inc. received approval from the United States Food and Drugs Administration (USFDA) for an antimicrobial post-therapy gel. It used to manage post-non-ablative laser therapy procedures and post-microdermabrasion therapy as well for superficial chemical peels. The product can also be used to relieve itch and pain from minor skin related problems.

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Some of the key player operating in the U.S. scar treatment market:
1- CCA Industries
2- Scarguard Labs LLC
3- Quantum Health
4- VALEANT
5- Pacific World Corporation
6- Johnson & Johnson

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About P&S Intelligence

P&S Intelligence 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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