Overview
The Scar Treatment Market is expected to grow at a CAGR of 9.8% during the forecast period 2024-2031.
The skin is a continuous, delicate covering that protects valuable inner structures, much like a fine fabric. Even a small tear can greatly affect its appearance, and the same is true for the skin. Scars can form after a burn, injury, or trauma, such as surgery. A small scar or one that's easily hidden may not be a concern, but when it's more visible, you might wonder if there's a way to reduce or improve its appearance beyond covering it with clothing. While scars never completely disappear, there are various methods to minimize their size and improve how they look.
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Market Growth Trends
The demand for scar therapy is increasing due to scars from accidents and other causes that are expected to drive the market’s growth.
A key factor driving the demand for scar treatment solutions is the rise in traffic accidents. According to the World Health Organization (2022), road traffic accidents result in approximately 1.3 million deaths annually. Additionally, 20 to 50 million people suffer non-fatal injuries, many of which lead to long-term disabilities, increasing the need for scar treatments.
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Market is segmented
Market Key Players
• TorquePharma Pvt. Ltd.
• Bausch Health
• Asclepion Laser Technologies GmbH
• Merz Pharma GmbH & Co. KGaA
• Biodermis
• Absolute MS (S) Pte Ltd.
• Avita Medical Limited
• Scarguard Labs LLC
• Z-ROC Dermatology
• Perrigo Company Plc
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