Market Overview:
Scar treatment products effectively reduces the appearance of scars by improving the texture and color of the skin. Various scar treatment options like topical gels, creams, laser treatment, fractional laser resurfacing are used for improving and rejuvenating the appearance of scars.
The China Scar Treatment Market is estimated to be valued at US$ 16.59 Bn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The rising popularity of mobile gaming has boosted self-esteem issues and increased the demand for scar treatment in China. Mobile gaming enhances social comparison and fuels body dissatisfaction among youngsters. They often resort to various scar treatments to get rid of acne scars and other marks on skin. Furthermore, increasing use of cosmetic procedures for beauty enhancement has made scar treatment common among Chinese population. Growing cosmetic industry and rising per capita spending on personal care is also promoting the scar treatment market in China. With increasing awareness, many new scar treatment products and procedures are being adopted which is driving the market growth.
Segment Analysis
The China scar treatment market is segmented by treatment type into topical products, laser treatment, surface treatment, and injectable. The topical products segment dominated the market in 2023 and is expected to continue its dominance over the forecast period owing to high adoption of topical gels and creams for scar treatment. Topical products are minimally invasive and associated with less pain and discomfort compared to other treatment types.
Key Takeaways
The China Scar Treatment Market Size is expected to witness high growth, exhibiting 13% CAGR over the forecast period, due to increasing awareness about scar treatment options and rising medical tourism in the country.
Regional analysis
Regionally, South China led the China scar treatment market in 2023 and is expected to continue its dominance over the forecast period. This is attributed to rising medical tourism and increasing aesthetic consciousness in regions like Guangdong and Guangxi.
Key players
Key players operating in the China scar treatment market are Smith & Nephew plc, Merz, Inc., Lumenis, Enaltus LLC, Sonoma Pharmaceuticals, Inc., Mölnlycke Health Care, Cynosure, Inc., CCA Industries, Inc., Scarheal, Inc., NewMedical Technology, Inc., and Suneva Medical, Inc. The China scar treatment market size for 2023 is US$ 16.59 Bn.
For More Insights, Read: https://www.newsstatix.com/china-scar-treatment-market-size-share-and-growth-forecast-2023-2030/
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