An increasing number of burn cases, skin disorders, trauma injuries, and surgeries are leading to rising number of scar revision procedures in North America. It has been noted that majority of scar revision procedures conducted in related to acne scars. As estimated by the American Society of Plastic Surgeons, 177,000 scar revision procedures were performed in the U.S. in 2014. Scar treatment procedures such as topical treatment, laser treatment, surface treatment, and injections are used to minimize scars. Topical scar treatment is a minimally invasive treatment, which includes the application of topical products such as gels, creams, oils, and sheets directly on the scars in order to reduce their appearance. Topical product segment accounted for the largest market share in North America scar treatment market in 2014. Laser scar treatment includes CO2 lasers, pulsed dye laser and excimer laser, or more precisely an exciplex laser, which helps remove unwanted or damaged skin in a very precise manner, one layer at a time.
The scar treatment market in North America has been estimated to be valued at US$ 3,355.0 Mn in 2016, and the markets in the U.S. and Canada are projected to witness stable growth rates over the forecast period. This is attributed to technological innovations and increasing application of topical products by consumers in this region.
The primary growth driver for the North America scar treatment market is increasing the prevalence of trauma and burn injuries and acne cases. It has been estimated that a large base of the population in North America suffer from acne scarring. According to the American Academy of Dermatology, acne is the most common skin condition in the U.S., affecting over 50 million Americans annually. Furthermore, rising awareness regarding personal care products, the wide availability of various minimally invasive treatments and increasing adoption of e-Commerce marketing techniques by manufacturers of scar treatment products is expected to create a favorable environment for the growth of the North America scar treatment market over the forecast period.
Advancements in scar treatment products and treatment methods have led to the integration of innovative solutions in scar treatment. For example, the usage of dermal fillers (injections) in combination with laser treatment such as fractional non-ablative laser treatment and chemical peels, has been known to positively impact its effectiveness in treating acne scars.
Rising overall healthcare expenditure is also expected to contribute to overall growth of the scar treatment market in the near future. Scars have an adverse impact on the appearance and in turn result in lowering the confidence of an afflicted individual. Healthcare costs associated with scar treatment among all age groups is increasing significantly across the North America.
Revenue from the market in North America is expected to expand at the highest CAGR during the forecast period. Increasing prevalence of trauma, burns, and other skin-related disorders, rising demand for minimally invasive scar revision procedures are factors expected to drive market growth in the region. However, rising adoption of e-Commerce marketing and increasing adoption of combination therapies tends to increase adoption of scar treatment therapies among patients and thus, leads to standardization of the market in the region. For example, for the treatment of acne scarring, involving chemical peeling (with trichloroacetic acid) followed by subcision (a process of separating acne scar from the underlying skin) and finally fractional laser irradiation, are widely accepted in the U.S. Also, rising awareness regarding personal care and increasing e-Commerce marketing is expected to drive market growth in the region. However, side effects such as hyperpigmentation, skin rashes and skin redness associated with scar treatment procedures and high cost per procedure are factors expected to moderately hamper the growth of the market in North America during the forecast period.
The market in the U.S. accounted for the largest share of the North America scar treatment market, attributed to rising demand for minimally invasive surgical procedures and rising employability leading to increasing spending power in the country. High cost per procedure and lack of skilled professionals are also expected to affect the overall market for the scar treatment in the U.S. over the next few years.
The market in Canada is expected to witness stable growth over the forecast period and is expected to evolve over time with increasing technological advancements and rising awareness through e-Commerce marketing techniques.
Key market participants covered in the report include Smith & Nephew Inc., Merz Inc., Enaltus LLC., Oculus Innovative Sciences, Inc., CCA Industries, Cynosure, Inc., Avita Medical, LUTRONIC, Luminus Inc., Syneron Medical Ltd., and NutraMarks, Inc.
This Persistence Market Research (PMR) report examines the scar treatment market for the period 2016-2022. The primary objective of the report is to offer updates and information related to market opportunities in the North America scar treatment market.
The North America scar treatment market report offers analysis results of various scar treatment products and procedures used for the treatment of scars resulting from infection, injury, surgery, inflammation of tissue, burns, and acne. Scars are visible signs that remain after a wound heals. They are unavoidable results of injury or surgery, and their development can be unpredictable. On the basis of treatment, the market has been segmented into topical treatment, laser treatment, surface treatment, and injections. The North America scar treatment market is expected to expand at a CAGR of 3.8% over the forecast period (2016-2022) in terms of value, to account for US$ 4190.6 Mn by 2022.
To understand and assess various opportunities in this market, the report is categorically split into four sections namely, market analysis by treatment, product type, distribution channel, and region. The report analyzes the North America scar treatment market in terms of market value (US$ Mn).
The report starts with an overview of the scar treatment market and its usage in scar treatment across the North America. In the same section, PMR covers the North America scar treatment market performance in terms of revenue. This section also includes PMR’s analysis of key trends, drivers, and restraints from the supply- and demand-side perspective.
The next section of the report analyzes the market on the basis of product type segments and presents the forecast in terms of value for all the years till 2022.
On the basis of treatments the market has been segmented as follows:
The next section of the report analyzes the market on the basis of product type segments and presents the forecast in terms of value for the following six years.
Product type segments covered in the report are as follows:
The next section of the report analyzes the market on the basis of the distribution channel and presents the forecast in terms of value for the following six years.
Distribution channel segments covered in the report are as follows:
The section that follows analyzes the market on the basis of the region in terms of value for the forecast period.
Region covered in the report is as follows:
To arrive at the market size, the report considers the market value of the North America scar treatment across the aforementioned geographies. The forecast presented in the report assesses total revenue generated in the North America scar treatment market. When developing the market forecast, the starting point involves sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. For this, PMR referred to several subject matter experts in the scar treatment domain. Given the characteristics of the market, we triangulated the outcome based on different analysis based on the supply side, demand side, and dynamics of the market such as regulations for scar treatment. In this report, quantification of data has been conducted along with the provision of quality insights collected directly from the market through discussion with suppliers, distributors, and subject matter experts. This is how the market analysis for the forecast period is carried out.
We have also taken into consideration the year-on-year growth of the North America scar treatment market, based on regional growth analysis, to understand the predictability of the market and to identify the right opportunities in it.
As previously highlighted, the market for North America scar treatment is segmented on the basis of treatments, product type, distribution channel, and region. All these segments have been analyzed in terms of Basis Point Share (BPS) to understand the individual segments relative contribution to market growth. This detailed level of information is important for identification of various key trends in the North America scar treatment market.
Another key feature of this report is the analysis of the North America scar treatment market, by country, and revenue forecast in terms of absolute dollar opportunity. Regional trends have been introspected, identified, and applied while forecasting the growth rates of the market. Additionally, the absolute dollar opportunity provided in the report is critical in assessing the level of opportunity that a provider can look to achieve from a sales perspective in the North America scar treatment market.
In this report, PMR has also developed the market attractiveness index for all four segments namely, treatment, product type, distribution channel, and country level segments. This index is intended to help in identifying the real opportunities in the market.
In the final section of the report, the North America scar treatment market landscape is included to provide report audiences with a dashboard view, based on categories of providers in the North America scar treatment product portfolio; their key developments and strategies have also been included wherever possible.
Key market participants covered in the report: