North America's Scar Treatment Poised for Growth Spurt by 2022

March 28, 2016

Scar treatment will be a hot growth area in coming years, according to a new report by Persistence Market Research.

The report cites a rising incidence of burn and trauma cases and an increasing prevalence of acne scarring as drivers of growth in this category.

The scar treatment market has been estimated to be valued at US$ 3,240.3 Million in 2015, and will increase to US$ 4,190.6 Million by 2022, registering a compound annual growth rate (CAGR) of 3.8% over the forecast period.

North America is expected to be the dominant region in the global scar treatment market throughout the forecast period.  The scar treatment market is segmented into topical treatment, laser treatment, surface treatment, and injections. Among these, the topical treatment segment (gels, creams, oils, and sheets) is expected to dominate the overall market by 2022.

Lasers are estimated to register highest CAGR of 5.0% in the North America scar treatment market over the forecast period.

By distribution channel, scar treatment market is segmented into hospitals, clinics, pharmacies and drug stores, and e-Commerce. Among these, hospitals segment is expected to remain the most attractive, and is estimated to account for 37.8% share of the North America market value by 2016 end, and further increase to 38.6% by 2022.

 

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