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Laser Therapy Segment Is Expected to Witness the Fastest Growth (11.5% CAGR) in the U.S. Scar Treatment Market, during 2015 – 2020 by P&S Market Research

Laser Therapy Segment Is Expected to Witness the Fastest Growth (11.5% CAGR) in the U.S. Scar Treatment Market, during 2015 – 2020 by P&S Market Research

The U S scar treatment market was valued at $4,757.8 million in 2014, and it is expected to grow with a CAGR of 10.2% during the period 2015 – 2020. The U.S. scar treatment market is growing, owing to the increasing prevalence of skin problems leading to scar formation, increasing appearance consciousness among consumers and increasing expenditure on personal care. In addition, the availability of technologically advanced scar treatment products and therapies is encouraging the growth of the U.S. scar treatment market.

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Among the two segments of scar treatment market, the product segment is expected to witness the faster growth during the forecast period. Among the various scar treatment therapies, the Dermabrasion segment accounted for the largest share in the U.S. market in 2014, and it is expected to witness a CAGR of 9.0% during the 2015 – 2020. 

The increasing appearance consciousness among consumers due to exposure to media, is driving the demand for beauty products and cosmetic surgery.  The online availability of scar treatment products, such as scar treating creams, sprays, oils, gels leads to increased accessibility of these products. Also, online retailing is time saving, provides instant access to products, offers discounted prices, and is more convenient, which allows products to be purchased with ease.

The increasing prevalence of skin problems, due to excessive exposure to pollution and UV radiation, results in sunburns, reduced skin elasticity, and other skin diseases. These conditions, without proper treatment on time, can lead to the formation of scars. Various other skin problems, such as acne, burns, post-surgical marks and stretch marks, due to pregnancy or changes in body weight also lead to scar formation, which is boosting the demand of scar treatment products and therapies.

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The key companies operating in the U.S. scar treatment market include Pacific World Corporation, MerzPharma, Johnson & Johnson Services Inc., Valeant Pharmaceuticals International Inc., Oculus Innovative Sciences Inc. Enaltus LLC, Revitol Corporation Inc., Scarguard Labs LLC, Quantum Health and CCA Industries Inc.

 

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