Scar Treatment Market is expected to See Incredible Growth by 2032Posted by Ganesh Shinde on March 6th, 2023 According to Future Market Insights Scar Treatment Market analysis report, global Scar Treatment Market sales in 2021 would be valued at US$ 13 billion. The market is expected to exceed US$ 52 billion by 2032, with a CAGR of 13.6% from 2022 to 2032. Hospitals are forecast to generate the most income and to rise at a CAGR of more than 15% from 2022 to 2032. The rising frequency of vehicle accidents is a major factor leading to the increased demand for scar treatment treatments. Every year, nearly 50 million people are injured in traffic accidents, which commonly result in scarring that demands surgical treatment, according to the Population Reference Bureau (PRB). Furthermore, those who have such operations have surgery scars and are given topical drugs to improve and conceal their appearance. As a result, the rising incidence of traffic accidents, along with an increase in the number of aesthetic surgeries, is expected to fuel demand for topical scar therapy solutions. North America is predicted to hold the greatest share of the global Scar Treatment Market throughout the forecast period, with a market size of more than US$ 16 billion by 2032. The United States' highways are among the most crowded in the world. According to the Centers for Disease Control (CDC), around three million individuals are injured in car accidents in the United States each year. Furthermore, according to the National Highway Traffic Safety Agency (NHTSA), 5 to 6 million car accidents occur in the United States each year. It presently holds the greatest share of global markets and is likely to retain this trend in the future years, propelling the Scar Treatment Market forward. Key Players: Some of the key players in the scar treatment market include Smith & Nephew PLC, Lumenis, Merz Pharmaceuticals LLC, Sonoma Pharmaceuticals Inc, Cynosure, Avita Medical Limited, HRA Pharma, Beijing Toplaser Technology Company Limited, and Pacific World Corporation. Know More Details About Report@ https://www.futuremarketinsights.com/reports/scar-treatment-market Market Segments Covered in Scar Treatment Market Analysis By Product Type:
By Scar Type:
By End-use:
Like it? Share it!More by this author |