Global Atrophic Scar Treatment Market Projected to Reach Nearly US$ 4.65 Bn in by 2025

ALBANY, USA, 2018-May-01 — /EPR Network/ —In order to study the various trends and patterns prevailing in the overall market for atrophic scar treatment, Market Research Reports Search Engine (MRRSE) has included a new report titled “Global Atrophic Scar Treatment Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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The US$ 4.65 Bn global atrophic scar treatment market is presumed to exhibit 1.3x growth by the end of 2025. Over the forecast period 2017-2025, the global market for atrophic scar treatment will reportedly grow at a CAGR of 4.6%. The overall outlook remains moderate yet positive.

Despite the economic and political uncertainty in the recent past, the global healthcare industry has been receiving positive nudges from reformative and technological disruptions in medical devices, pharmaceuticals and biotech, in-vitro diagnostics, and medical imaging. Key markets across the world are facing a massive rise in demand for critical care services that are pushing global healthcare spending levels to unimaginable limits.

Topical scar treatment to remain most preferred type during the period of study

Based on product type, the global market for atrophic scar treatment is segmented into topical scar products, laser products, surface treatment, and injectable products. Among these four, topical scar product segment will continue to dominate with over 50% value share despite a slight decline in the market share by 2025 end. Laser segment is expected to witness a declined market share by value but laser therapy is emerging as a popular treatment among affluent consumers. Surface treatment is likely to capture over 20% share of the total market value by 2025 end, followed by injectables. An important observation by Market Research Reports Search Engine (MRRSE) indicates that topical treatments are gradually losing popularity among wealthy consumer pockets, whereas lasers and injectables are gaining evidently higher traction. However, expensive pricing of the latter two are still a major constraint that will persist throughout the forecast period.

Latin America to emerge most lucrative regional market

Among the various regional markets, North America is foreseen to remain dominant, possibly reaching revenue beyond US$ 2.6 Bn by 2025 end. APAC is identified to be the second largest regional market for atrophic scar treatment, closely trailed by Europe. China, India, and Japan will be the key regions within the Asian Pacific rim. While MEA seems to be a stably growing market, Latin America is expected to witness the fastest growth over the forecast period. According to Market Research Reports Search Engine (MRRSE), the market in Latin America will be most lucrative for leading players, led by Brazil due to growing popularity of cosmetic interventions.

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Market Taxonomy

The global market for atrophic scar treatment has been classified on the basis of product type and end-user. The report analyses each segment and sub-segment to provide historical, current, and estimated scenario in the global atrophic scar treatment market during the assessment period.

Product Type

  • Topical
    • Gels
    • Creams
    • Oils
  • Laser
    • CO2 Lasers
    • Pulsed Dye Laser
  • Surface treatment
  • Injectable

Distribution Channel

  • Hospitals
  • Clinics
  • Pharmacies and drug stores
  • E-Commerce

Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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