SCAR TREATMENT MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027
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REPORT DESCRIPTION Scar Treatment Market - Overview Burn injury or other trauma condition, including surgery can lead to a scar. Several factors impact the appearance and treatment of scar after an injury. Topical scar treatment, laser treatment, and invasive surgical treatment are some of the options for scar treatment. Statistics: The global Scar Treatment Market was estimated to account for US$ 10,390.6 Mn in terms of value by the end of 2019. Global Scar Treatment Market: Drivers Increasing number of accidents is expected to boost growth of global scar treatment market over the forecast period. For instance, according to the Ministry of Road Transport and Highways, Government of India, in 2018, the number of road accidents increased by 0.46% compared to 2017. Global Scar Treatment Market: Opportunities For instance, in September 2018, researchers from Changhai Hospital affiliated to Navy Medical University, China, appraised, drafted, reviewed, and finalized a consensus to standardize and improve scar prevention and treatment in China. The consensus was published in journal Burns and Trauma of BMC. Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/scartreatment-market-1993 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Key Takeaways: The global scar treatment market was valued at US$ 10,390.6 Mn in 2019 and is forecast to reach a value of US$ 14,132.8 Mn by 2027 at a CAGR of 3.9% between 2020 and 2027. Increasing number of accidents is expected to boost growth of global scar treatment market over the forecast period.
Atrophic scars segment held dominant position in the global scar treatment market in 2019, accounting for 48.9% share in terms of value, increasing number of surgeries is expected assist the segment growth. Market Trends Major players in the global scar treatment market are focused on adopting collaboration strategies to expand their product portfolio. For instance, in November 2019, AVITA Medical collaborated with the Gates Center for Regenerative Medicine at the University of Colorado School of Medicine to establish proof-of-concept and explore further development of a sprayon treatment of genetically modified cells for patients with epidermolysis bullosa (EB) and other genetic skin disorders.
Use of dermal fillers often leads to filler fatigue. For instance, according to a survey by The Harris Poll in 2018, around 8 million of the 9 million patients who have had dermal fillers, are experiencing filler fatigue. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/1993 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Labelling requirements for topical applications: Apart from manufacturing drugs adhering to GMP regulations in China, the following are specific labelling requirements for topical drugs: A label has to be printed or stuck on drugs together with a ‘drug insert sheet’ The ‘insert sheet’ needs to mention the name of the drug as registered in China
The label should also contain names of active ingredients, product batch number, production date, date of expiry, strength, manufacturer name, approval number indications or functions, contraindications, adverse drug reactions, and precautions The label should also have the specified mark for topical application as given by the State Global Scar Treatment Market: Competitive Landscape Major players operating in the global scar treatment market include, Smith & Nephew Inc., Merz Inc., Enaltus LLC, Oculus Innovative Sciences, Inc., CCA Industries, Cynosure, Inc., Janssen Biotech, Inc. Avita Medical, Lutronics, Luminus Inc., Syneron Medical Ltd., NutraMarks, Inc., Cynosure, Inc., Mölnlycke Health Care, Ostar Beauty Sci-Tech Co., Ltd., Shanghai Fosun Pharmaceutical Co. Ltd., Suneva Medical, Inc., Sonoma Pharmaceuticals, Inc., Beijing Toplaser Technology Co., Ltd., and Luca Pharmaceuticals.
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