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The North America scar treatment market comprises topical scar products such as gels, creams, oils, and sheets that are used to diminish the appearance of scars including hypopigmentation, hyperpigmentation, contraction, and widening on the skin. These scar treatment products claim to replenish and hydrate the skin, promote collagen production, and shield against sun damage, helping to gradually fade scars over time. The need for scar treatment is rising owing to an increase in accidents, trauma cases, and surge in aesthetic procedures such as plastic surgeries. Moreover, rising consumer awareness about various scar removal procedures and availability of advanced scar treatment products are propelling the growth of this market.
The North America Scar Treatment Market is estimated to be valued at US$ 5009.71 Mn in 2024 and is expected to exhibit a CAGR of 4.8% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the North America scar treatment market are Liber & Co., MONIN, The Simple Syrup Co, Bristol Syrup Company, Toschi Vignola s.r.l, Giffard, Teisseire, Taylerson€TMs Syrups, ODK Orsadrinks, 1883 Maison Routin, and The Syrup Company. These key players are focusing on new product launches, partnerships, and geographic expansion to strengthen their market presence. For instance, in 2020, Liber & Co. launched a scar removal gel containing polyaminopropyl biguanide to efficiently reduce the appearance of scars.
The key opportunities in the North America scar treatment market include rising demand for aesthetic procedures and non-invasive scar removal treatments. With increasing consciousness about physical appearance, the demand for various scar removal cosmetic procedures is escalating. This is encouraging market players to offer novel non-invasive scar treatment procedures and products.
The North America scar treatment market players are focusing on global expansion to tap the growth opportunities in emerging markets. They are collaborating with local distributors and setting up manufacturing plants in Latin American and Asian countries to cater to the demand from these regions. Favorable regulatory environment and increasing medical tourism are some factors driving the scar treatment market in global territories.
Market Drivers
Increased incidence of accidents: Rise in road accidents, burn injuries, and trauma cases has significantly driven the demand for scar treatment in the region. According to the U.S. Burn Foundation, around 40,000 Americans suffer from burns serious enough to require medical attention annually. This is encouraging patients to adopt scar treatment and removal procedures.
Growing awareness about cosmetic procedures: With growing fashion and entertainment industry, consumers are more focused on their physical appearance. This has boosted the demand for scar removal procedures and cosmetic products to diminish scars, hyperpigmentation, and other skin discoloration issues.
Market Restrains
Side effects of certain scar treatment products: Topical scar treatments including chemical peels, lasers, and creams may cause short-term side effects like skin irritation, redness, and mild burning sensation in some individuals. This reluctance toward using certain invasive scar removal treatments acts as a restraint.
High cost of advanced treatments: Laser resurfacing, deep chemical peels, and plastic surgeries are much more costlier compared to topical gel and cream treatments. This makes them unaffordable for a large segment of the population and restricts the market growth.
Segment Analysis
Scar treatment products are classified into procedural and topical scar treatments. Topical North America scar treatment market Demand dominate the North America scar treatment market as they are easy to use and have less side effects compared to procedural treatments. Topical scar treatments include creams, gels, sheets, oils, and other dressing. These topical treatments such as silicone gel sheets are widely used to treat scars from injuries, burns, cuts, acne, and post-procedure due to their convenience and effectiveness. They effectively hydrates the scarred area, which helps improving the appearance and texture of scars over time with regular application. Silicone gel sheets dominates the topical scar treatment segment.
Global Analysis
Regionally, the United States holds the highest share in the North America scar treatment market and is expected to continue its dominance during the forecast period. High healthcare expenditure, advanced procedural treatment options, and increasing cosmetic procedures drive the US scar treatment market. Canada is projected to witness the fastest growth during the forecast period. Increasing awareness regarding scar treatment options and growing cosmetic industry in the country support the market growth in Canada. Facial scars treatments are gaining popularity in both the United States and Canada, contributing significantly to the regional market revenue.
For more insights, read- North America Scar Treatment Market
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