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
R&D in scar treatment is
expected to offer lucrative growth opportunities for players in the global scar
treatment market. 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.
Global Scar Treatment Market:
Restraints
Lack of skilled professionals in
the treatment of scars is expected to hamper growth of the global scar
treatment market. Imparting improper training to the professional conducting
the scar treatment may result in adverse or serious side effects.
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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 spray-on 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.
Regulations
China
China’s FDA lists regulations for
topical applications under the Presidential order no: 45, control over drugs
segment. The drug regulatory department under the State Council regulates drug
administration in China.
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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.
Global Scar Treatment Market: Key
Developments
Major players in the global scar
treatment market are focused on adopting partnership strategies to expand their
product portfolio. For instance, in January 2019, Suneva Medical, Inc.
partnered with Healeon Medical, Inc. and Puregraft, LLC. in order to expand its
product portfolio in regenerative aesthetics.
Major players in the market are
also focused on launching new products to expand their product portfolio. For
instance, in October 2018, Sonoma Pharmaceuticals, Inc. launched Ceramax Skin
Barrier Lotion.
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