Global Atrophic Scars Treatment Market By Product Type (Laser, Surface Treatment, Injectable and Topical), Distribution Channel (Clinics, Pharmacies and Drug Stores, Hospitals and E-Commerce) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Atrophic Scars Treatment Market
Global atrophic scars treatment market is expected to grow at a substantial CAGR of 8.50% in the forecast period of 2019-2026. Rising instances of skin disorders is the major factor for the growth of the market.
Market Definition: Global Atrophic Scars Treatment Market
The atrophic scar is caused due to chickenpox and severe acne which heals below the normal layer of skin tissue. To treat these atrophic scares various treatments are available which includes fillers, chemical peels, punch excision, skin needling and subcision. With Favorable reimbursement scenario in certain developed countries and consumer demand for rising short treatment period offering quick results which impacted the growth of the market in the forecast period.
- Rising need for advanced treatment alternatives and product innovations is boosting the market growth
- Increased awareness and preference for personal care will increase the market growth
- Growing demand for age-defying treatment therapies worldwide will propel the market growth
- Rising healthcare expenditure by consumers as well as governments will increase the growth of market
- High cost of treatment is restraining the market growth
Segmentation: Global Atrophic Scars Treatment Market
By Product Type
- Surface treatment
By Distribution Channel
- Pharmacies and drug stores
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Rest of South America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Key Developments in the Market:
- In April 2019, Merz Pharma had launched new product Belotero Revive which is dermal filler product consist of hyaluronic acid (HA) and glycerol. With this launch there will be increased product portfolio for consumers with increased in revenue generation of the company
- In April 2019, Lumenis had launched Legend Pro+ which is multi-application platform which uses non-invasive and minimally invasive technologies for personalized treatment. With this lauunch there will be availability of patient based solution that will provide faster result. This will increased the product range as well as revenue of a company
Global atrophic scars treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of atrophic scars treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in global atrophic scars treatment market are Merz Pharma, Perrigo Company plc, CCA Industries Inc., Cynosure Inc., LUMENIS, CANDELA CORPORATION, Mölnlycke Health Care AB, Pacific World Corporation, Bausch Health, Shanghai Fosun Pharmaceutical (Group) Co., Ltd., Beijing Toplaser Technology Co. Ltd, Smith & Nephew, Sonoma Pharmaceuticals, Inc., Rejûvaskin among others.
Research Methodology: Global Atrophic Scars Treatment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Reasons to Purchase this Report
- Current and future of global atrophic scars treatment market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)