The Asia Pacific Scar Treatment Market size was worth USD 3.45 billion in 2019. It is projected to reach USD 5.43 billion by 2024, growing at a CAGR of 11.05% during the forecast period. Increasing incidence of burn cases and rising demand for the minimally invasive procedure are the majorly driving the APAC to burn care market.
Treatment of scars can never remove scars permanently but can reduce their appearance and make them less visible. To make the existing treatment more effective and efficient, a lot of research is required. Treatments like laser procedures involve side effects that need consideration and advancement.
The market is witnessing substantial growth due to the rising incidence of skin-related diseases among all age groups and the rise in expenditure on personal care. However, the market growth is hindered owing to side effects associated with the treatment and also high costs of advanced scar treatment procedures. Expansion of the Scar treatment market in the Asia-Pacific region is higher than the developed areas, the reason being improving healthcare facilities and an increase in population.
Indian burn care market is occupying highest market share due to increasing incidence of the burn cases. India makes a record in burn injuries 70 lakh burn injury cases every year of which 1.4 lakh people die of burn annually. More than 70% of all burn injuries find in the most productive age group. About four out of five burnt cases are women and children in India, which is anticipated to drive the growth of the market. In India, there is electrical burn also find out in large amount due to farmers get a considerable electric injury during the agriculture phase as long as the get electricity from the mainline to pump water to the farm.
Japanese burn care market is showing ideal market growth in the Asia Pacific burn care market due to rising awareness level in the people about the availability of various treatment options for burn care management is expected to propel the demand. Increasing healthcare expenditure and increasing incidence of burn cases is expected to drive the market growth in this region.
This research report segmented and sub-segmented the Asia Pacific Scar Treatment Market into the following categories:
Asia Pacific (APAC) Scar Treatment Market is rising as more number of patients are participating in the treatment prescribing process. It is a vital attribute adopted by famous doctors in the market, and it is because it can lead to a significant increase in the compliance level of prescription treatment and an increase in treatment effectiveness. China, South Korea, India, Japan, and so on, are the significant contributors to the Asia Pacific scar treatment market.
With the increasing supply of technologically advanced products and a large number of manufacturers in countries such as China, the Asia Pacific region is expected to achieve the fastest CAGR during the forecast period. Emerging economies offer laser equipment at low cost, which increases the popularity of laser equipment and accelerates Asia Pacific market expansion. Due to the high rate of burns, India has also contributed significantly to the growth of the APAC Scar Treatment Market.
Noteworthy Companies dominating the Asia Pacific Scar Treatment Market Profiled in the Report are Oculus Innovative Sciences Inc., Smith & Nephew PLC, Nutramarks Inc, Merz Inc, Enaltus LLC, CCA Industries Inc., Cynosure IncLumenis, Syneron Medical Ltd, Mölnlycke Health Care, Avita Medical Limited, Pacific World Corporation, Shanghai Fosun Pharmaceuticals Ltd, AC. Alma Lasers, Valeant Pharmaceuticals International Inc. and Beijing Toplaser Technology Company Limited.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Treatment Type
5.1.1 Topical Treatment
5.1.1.1 Creams
5.1.1.2 Oils
5.1.1.3 Gels
5.1.1.4 Gel Sheets
5.1.2 Surface Treatment
5.1.2.1 Dermabrasion
5.1.2.2 Chemical Peeling
5.1.2.3 Cryosurgery
5.1.3 Laser Treatment
5.1.4 Injectable Treatment
5.1.4.1 Tissue Fillers
5.1.4.2 Steroid Injections
5.1.5 Invasive Surgical Treatment
5.2 By Scar Type
5.2.1 Keloid and Hypertrophic Scars
5.2.2 Contracture Scars
5.2.3 Acne Scars
5.2.4 Stretch Scars
5.2.5 Post-Surgical Scars
5.3 By End Users
5.3.1 Hospitals
5.3.2 Private Clinics
5.3.3 Pharmacies & Drug Stores
5.3.4 E-Commerce
6. Geographical Analysis
6.3 Asia-Pacific
6.1 Introduction
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Occulus Innovative Sciences Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Smith & Nephew PLC
8.3 Nutramarks Inc.
8.4 Merz Inc.
8.5 Enaltus LLC
8.6 CCA Industries Inc.
8.7 Cynosure IncLumenis
8.8 Syneron Medical Ltd.
8.9 Syneron Medical Ltd.
8.10 Avita Medical Limited
8.11 Pacific World Corporation
8.12 Shanghai Fosun Pharmaceuticals Ltd.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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Feb 2020
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