According to P&S intelligence, the U.S. scar treatment market was valued at $6.3 billion in terms of revenue in 2017 and it is estimated to register a CAGR of 10.4% during the forecast period (2018–2023). The market progress is backed by the increasing prevalence of skin problems, advancements in dermatological device technologies, growing number of road accidents, rise in the volume of surgeries, surging awareness about several scar treatments, and growing spending on personal care.
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Scar treatment simply refers to the treatment of marks appearing on the skin surface after it is damaged. It consists of products used and therapies conducted by cosmetologists, dermatologists, and other skin specialists for either completely removing the scars or making these less visible. Based on the type of treatment, the U.S. scar treatment market is classified into surface, topical, laser, injectable, and surgical categories. Among all, the topical category accounted for 61.2% revenue contribution to the market in 2017.
This is attributed to the easy availability and increasing sale of gels, oils, and creams as compared to other treatment options. Silicon gels, are widely being preferred for the treatment of scars as these help in preventing the formation of scars in freshly healed wounds and as well as in treating prominent immature scars. Now coming to the type of scar, the U.S.scar treatment market has been categorized into acne scar, post-surgical scar, keloid and hypertrophic scar, stretch mark, and contracture scar.
The growing prevalence of skin diseases is one of the most significant factors backing the growth of the U.S. scar treatment market. The prevalence of skin diseases has been growing, owing to excessive exposure to pollution and ultraviolet radiation, which lead to sunburns, hair loss, and reduced skin elasticity. There are several other skin problems, such as burns, acne, post- surgical marks, and stretch marks, that can lead to scar formation. Acne affects the majority of the world population; according to the American Academy of Dermatology (AAD), nearly 85.0% of people in the U.S. had faced acne issues at some point in their lives.
Hence, due to the increasing prevalence of skin issues, primarily because of changing environment, rising pollution, and growing surgeries, the U.S.scar treatment market is expected to grow in the near future.
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