Easy-to-Use Topical Scar Treatment Products Gaining Widespread Popularity

In 2019, of the 18.1 million cosmetic surgeries performed in the U.S., 181,132 were for scar revision, says the American Society of Plastic Surgeons (ASPS) in its Plastics Surgery Report 2019. Such a high volume of aesthetic procedures is a result of the increasing appearance consciousness in the country, a trend that is being witnessed around the world a well. As per the International Society of Aesthetic Plastic Surgery (ISAPS), 10,607,227 surgical and non-surgical cosmetic procedures were carried out around the world in 2018.

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According to P&S Intelligence, the increase in the need of people to have an appealing appearance will help in propelling the scar treatment market to $63.4 billion in 2030 from $19.6 billion in 2019, at an 11.5% CAGR between 2020 and 2030 (forecast period). Scars are caused by a number of diseases, both dermatological and non-dermatological (as a complication), surgeries, and accidental and other injuries. Skin diseases, such as eczema, psoriasis, photoaging, vitiligo, and acne, are becoming increasingly common, thereby resulting in a rise in the incidence of scars. With more people suffering from scars, the volume of scar treatment procedures is rising, which is driving the demand for the various products used for the purpose.

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North America held the largest share in the scar treatment market in 2019, and it will continue doing so till 2030. The appearance consciousness, prevalence of acne, demand for improved products for scar treatment, volume of plastic surgeries, and disposable income are rising in the continent. Additionally, many cosmetic, personal care, and medical device companies are headquartered in the U.S., which continues to drive the regional market. The highest CAGR till 2030 in the industry would be witnessed in Asia-Pacific (APAC) owing to the rising healthcare spending and number of accidents.

Hence, with the growing prevalence of diseases and other events that lead to scars, the demand for products that can help treat them will keep increasing.

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This release was published on openPR.