Acne Scar Treatment Market Scope
Acne scar treatment is performed to reduce or remove scars on the face. Treatment can diminish acne scars that cause depressions in the skin and also reduce raised acne scars. It includes various types of scar treatments like laser treatments, minor skin surgeries, fillers, needling, and many more. Acne scars are stubborn, different types of treatments are performed according to the types of scars, skins, and severity of the scarring.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Lumenis (Israel), Sonoma Pharmaceuticals (United States), Merz GmbH (Germany), Smith & Nephew Plc (United Kingdom), Scarheal (Malaysia), Mölnlycke (Sweden) and HRA Pharm, SA (France) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Lumenis (Israel), Sonoma Pharmaceuticals (United States), Merz GmbH (Germany), Smith & Nephew Plc (United Kingdom), Scarheal (Malaysia), Mölnlycke (Sweden) and HRA Pharm, SA (France) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Acne Scar Treatment market by Type , by Application (Minimize Small Scars, Minor Skin Surface Irregularities, Surgical Scars and Acne Scars) and Region with country level break-up.
On the basis of geography, the market of Acne Scar Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In April 2019, HRA Pharma announced the acquisition of the Mederma brand of Merz, which includes products across the scar care, stretch marks, and skincare categories. Mederma is the US market leader in scar care and has been named a #1 Pharmacist Recommended brand by Pharmacy Times and U.S. News & World Report for the past 17 years. The acquisition will create an opportunity for HRA Pharma to explore itself to the world’s biggest Consumer Healthcare market and is another step in building a strong portfolio of leading brands.
In September 2021, Sonoma Pharmaceuticals, Inc. a global healthcare leader developing and producing stabilized hypochlorous acid (HOCl) products for a wide range of applications, including wound care, eye care, nasal care, oral care, and dermatological conditions, announced the over-the-counter consumer launch of Regenacyn Advanced Scar Gel and Ocucyn Eyelid & Eyelash Cleanser on Amazon.com, and MucoClyns on Amazon sites in Europe.
Influencing Trend:
Evolution of New Technologies and Adoption of Laser Acne Scar Treatments
Market Growth Drivers:
Increasing Use of Acne Scat Treatment to Resolve Deep Scarring and Pitting
Challenges:
Some of the Treatments Such As Fillers Give Temporary Results
Restraints:
Acne Scar Treatment and Drugs are Much Expensive That Can Create Hurdles for the Market
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Acne Scar Treatment Providers, Acne Scar Treatment Drug Manufacturers, Suppliers and Distributors of Acne Scar Treatment, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others