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OTC Scar Treatment Market- estimated to move ahead at a value CAGR of 3.8% to reach a valuation of US$ 12.6 Billion by the end of 2032

02-15-2023 11:19 AM CET | Health & Medicine

Press release from: Persistence Market Research

OTC Scar Treatment Market

OTC Scar Treatment Market

OTC (Over-The-Counter) scar treatment products are those that are available without a prescription, and are used for the treatment of scars caused by injury, surgery, acne, and other skin conditions. The OTC scar treatment market includes a range of products such as creams, gels, and sheets, that are used to reduce the appearance of scars and improve skin texture.

Top Players in OTC Scar Treatment Market:
Smith & Nephew PLC, Merz Inc., Enaltus LLC, Occulus Innovative Sciences Inc., CCA Industries Inc., Cynosure Inc, Avita Medical Limited, Lumenis, Syneron Medical Ltd., Nutramarks Inc., Mölnlycke Health Care, Pacific World Corporation, Valeant Pharmaceuticals International Inc., Shanghai Fosun Pharmaceuticals Ltd. (AC. Alma Lasers), SkinCeuticals, A. Menarini Singapore

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The increasing prevalence of skin conditions and injuries that can cause scarring, growing awareness about scar treatments, and the availability of affordable OTC scar treatment products are some of the factors driving the growth of the market.

The OTC Scar Treatment Market is segmented based on the type of product, which includes creams, gels, oils, sheets, and others. Creams and gels are the most commonly used products for scar treatment and include ingredients such as silicone, onion extract, and vitamin E. Scar sheets, which are adhesive bandages that are placed over the scar, are also gaining popularity due to their ease of use and effectiveness.

Geographically, North America is expected to dominate the OTC scar treatment market due to the high prevalence of skin conditions and injuries that can cause scarring in the region, and the availability of a wide range of OTC scar treatment products. Europe is also expected to be a significant market due to the increasing awareness about scar treatments and the availability of affordable OTC products.

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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