South Korea Scar Treatment Market Growth, Key Players, Qualitative & Quantitative Analysis

A scar is the body`s herbal manner of recovery and changing misplaced or broken skin. A scar is commonly composed of fibrous tissue. Scars can be fashioned for lots distinctive reasons, inclusive of because of infections, surgery, injuries, or irritation of tissue. The scars may be handled with topical answers together with lotions and lotions. In addition, scar may be handled with laser remedy together with CO2 laser and pulsed dye laser. The boom of the worldwide scar remedy marketplace is majorly pushed with the aid of using the boom in occurrence of various varieties of scars together with atrophic scars, hypertrophic scar, keloid scar and stretch marks. In addition, upward thrust in incidences of zits scars contributes withinside the boom of marketplace. For instance, in 2019, in keeping with National Health Service (NHS) UK, approximately 95% of human beings elderly eleven to 30 are laid low with zits to a few extent. Moreover, boom in call for for classy seems in peoples are predicted to gas the boom of marketplace withinside the evaluation period.

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Covid-19 Situation –

• As scar treatment comes under non-essential medical treatment, to avoid the spread of the Covid-19 infection, most scar therapies were either postponed or canceled. This, in turn, impacted the global scar treatment market negatively.
• However, the market has almost recovered at a quick pace.

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The global scar treatment market is analyzed across scar type, product, end user, and region. Based on scar type, the atrophic scar segment accounted for the major share in 2021 holding nearly two-fifths of the global market. The same segment would also grow at the fastest CAGR of 9.9% throughout the forecast period.

Based on end-user, the home care segment generated the highest share in 2021, accounting for nearly half of the global market. The same segment is also projected to manifest the fastest CAGR of 9.7% from 2022 to 2031.

Based on region, the market across North America held the lion’s share in 2021, garnering nearly two-fifths of the global market. The Asia-Pacific region, however, is expected to cite the fastest CAGR of 10.2% by 2031. The other provinces studied in the report include Europe and LAMEA.

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The key market players analyzed in the global scar treatment market report include Avita Medical Limited, Mölnlycke Health Care AB, Polytech Health & Aesthetics GmbH, Sientra, Inc., Bausch Health Companies Inc., Smith and Nephew plc., Sisram Inc., and Cynosure, Inc. They have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.