With the rising incidence of burn cases, the demand for scar treatment products is surging sharply across the world. This is because scars usually form during the healing of burns, as the body recovers from skin damage. These scars appear as discolored and thick skin. As per an article produced in the Experimental and Therapeutic Science journal in April 2019, there are over 10 million people who suffer from burns each year in China.
Silicone gel sheets produced from a synthetic silicone gel-like material are being increasingly used for filling surgical scars and treating superficial scars, keloids, and hypertrophic scars. This is ascribed to the fact that silicone gel assists in increasing the hydration of the stratum corneum, which helps in facilitating collagen reduction and fibroblast production, thereby protecting the scar from bacteria. Some of the most widely used silicone-based scar treatment products are ScarAway by Perrigo Company plc, Dermatix by Mylan N.V., and bioCorneum by Sientra Inc.
Apart from the aforementioned factors, the growing prevalence of road accidents is also expected to drive the topical scar treatment market at a CAGR of 7.7% from 2021 to 2030. According to the estimates of the market research company, P&S Intelligence, the revenue of the market will surge from $701.6 million in 2020 to $1,451.1 million by 2030. Creams, gel sheets, oils, and gels are the most commonly used scar treatment products in Southeast Asia (SEA), Hong Kong, Taiwan, and South Korea.
Out of these, the requirement for creams was found to be the highest during the last few years, and this trend will continue in the coming years as well. This will be because of the ability of creams to reduce and flatten the appearance of both new and old scars and prevent the development of new scars. Atrophic and acne scars, contracture scars, stretch marks, and keloids and hypertrophic scars are the most commonly seen types of scars.
Access Detailed Report – Topical Scar Treatment Market Growth Analysis Report
This study covers
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
- Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
- Major players operating in the market and their service offerings
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