Increasing Incidence of Burn Cases Driving Demand for Topical Scar Treatment Products

With the rising incidence of burn cases, the demand for scar treatment products is surging sharply across the world. This is because scars usually form during the healing of burns, as the body recovers from skin damage. These scars appear as discolored and thick skin. As per an article produced in the Experimental and Therapeutic Science journal in April 2019, there are over 10 million people who suffer from burns each year in China.

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Additionally, as per an article published in the Annals of Burns and Fire Disasters journal, in Vietnam, the incidence of burns in geriatric people was 4.2% in 2019, with more than half of the patients getting deep burn injuries. The rising prevalence of these cases is pushing up the requirement for topical scar treatment products, especially in the Southeast Asian countries. Besides, the burgeoning requirement for silicone-based scar treatment products is also fueling the expansion of the topical scar treatment market across the globe.

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Apart from the aforementioned factors, the growing prevalence of road accidents is also expected to drive the topical scar treatment market at a CAGR of 7.7% from 2021 to 2030. According to the estimates of the market research company, P&S Intelligence, the revenue of the market will surge from $701.6 million in 2020 to $1,451.1 million by 2030. Creams, gel sheets, oils, and gels are the most commonly used scar treatment products in Southeast Asia (SEA), Hong Kong, Taiwan, and South Korea.

Out of these, the requirement for creams was found to be the highest during the last few years, and this trend will continue in the coming years as well. This will be because of the ability of creams to reduce and flatten the appearance of both new and old scars and prevent the development of new scars. Atrophic and acne scars, contracture scars, stretch marks, and keloids and hypertrophic scars are the most commonly seen types of scars.

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This release was published on openPR.