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| North America Scar Treatment Market |
The North America scar treatment market comprises topical scar products such as gels, creams, oils, and sheets that are used to diminish the appearance of scars including hypopigmentation, hyperpigmentation, contraction, and widening on the skin. These scar treatment products claim to replenish and hydrate the skin, promote collagen production, and shield against sun damage, helping to gradually fade scars over time. The need for scar treatment is rising owing to an increase in accidents, trauma cases, and surge in aesthetic procedures such as plastic surgeries. Moreover, rising consumer awareness about various scar removal procedures and availability of advanced scar treatment products are propelling the growth of this market.
The North
America Scar Treatment Market is estimated to be valued at US$ 5009.71 Mn in 2024 and is expected to exhibit a CAGR of 4.8% over the forecast period
2024 to 2030.
Key Takeaways
Key players operating in the North America scar treatment market are Liber
& Co., MONIN, The Simple Syrup Co, Bristol Syrup Company, Toschi Vignola
s.r.l, Giffard, Teisseire, Taylerson€TMs Syrups, ODK Orsadrinks, 1883 Maison
Routin, and The Syrup Company. These key players are focusing on new product
launches, partnerships, and geographic expansion to strengthen their market
presence. For instance, in 2020, Liber & Co. launched a scar removal gel
containing polyaminopropyl biguanide to efficiently reduce the appearance of
scars.
The key opportunities in the North America scar treatment market include rising
demand for aesthetic procedures and non-invasive scar removal treatments. With
increasing consciousness about physical appearance, the demand for various scar
removal cosmetic procedures is escalating. This is encouraging market players
to offer novel non-invasive scar treatment procedures and products.
The North America scar treatment market players are focusing on global
expansion to tap the growth opportunities in emerging markets. They are
collaborating with local distributors and setting up manufacturing plants in
Latin American and Asian countries to cater to the demand from these regions.
Favorable regulatory environment and increasing medical tourism are some
factors driving the scar treatment market in global territories.
Market Drivers
Increased incidence of accidents: Rise in road accidents, burn injuries, and
trauma cases has significantly driven the demand for scar treatment in the
region. According to the U.S. Burn Foundation, around 40,000 Americans suffer
from burns serious enough to require medical attention annually. This is
encouraging patients to adopt scar treatment and removal procedures.
Growing awareness about cosmetic procedures: With growing fashion and
entertainment industry, consumers are more focused on their physical
appearance. This has boosted the demand for scar removal procedures and
cosmetic products to diminish scars, hyperpigmentation, and other skin
discoloration issues.
Market Restrains
Side effects of certain scar treatment products: Topical scar treatments
including chemical peels, lasers, and creams may cause short-term side effects
like skin irritation, redness, and mild burning sensation in some individuals.
This reluctance toward using certain invasive scar removal treatments acts as a
restraint.
High cost of advanced treatments: Laser resurfacing, deep chemical peels, and
plastic surgeries are much more costlier compared to topical gel and cream
treatments. This makes them unaffordable for a large segment of the population
and restricts the market growth.
Segment Analysis
Scar treatment products are classified into procedural and topical scar
treatments. Topical North
America scar treatment market Demand dominate the North America scar
treatment market as they are easy to use and have less side effects compared to
procedural treatments. Topical scar treatments include creams, gels, sheets,
oils, and other dressing. These topical treatments such as silicone gel sheets
are widely used to treat scars from injuries, burns, cuts, acne, and
post-procedure due to their convenience and effectiveness. They effectively
hydrates the scarred area, which helps improving the appearance and texture of
scars over time with regular application. Silicone gel sheets dominates the
topical scar treatment segment.
Global Analysis
Regionally, the United States holds the highest share in the North America scar
treatment market and is expected to continue its dominance during the forecast
period. High healthcare expenditure, advanced procedural treatment options, and
increasing cosmetic procedures drive the US scar treatment market. Canada is
projected to witness the fastest growth during the forecast period. Increasing
awareness regarding scar treatment options and growing cosmetic industry in the
country support the market growth in Canada. Facial scars treatments are gaining
popularity in both the United States and Canada, contributing significantly to
the regional market revenue.
For more insights, read- North
America Scar Treatment Market
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