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Scar Treatment Oils Market Size, Share, Industry, Forecast and outlook (2023-2030)

Published: 2023 June 14
SKU : PH3568
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180 pages
Report Summary
Table of Contents
List of Tables & Figures

Global Scar Treatment Oils Market is segmented By Type (Natural, Synthetic), By End-user (E-Commerce, Hospitals, Dermatological Clinics, Pharmacies and Drug Stores), By Region (North America, South America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

 

Market Overview

The global scar treatment oils market is estimated to grow at a high CAGR during the forecast period (2023-2030).  179 pages report analyses the Scar treatment oils market shares, recent trends, competitive intelligence and future market outlook. Scar treatment oils usage inused to help reduce the appearance of scars is on the rise. Demand from skin specialty clinics and hospitals in ‘North America’ is booming. Competitive rivalry intensifies with Perrigo Company, Smith & Nephew, Alliance Pharma, Rejuvaskin, HRA Pharma, Molnlycke Health Care and others operating in the market.

Scar treatment is a procedure used to minimize the scars to appear more consistent with the surrounding skin tone and texture. Scar treatment oils have been used to reduce or fade the appearance of unwanted scars or blemishes on the body and to help regenerate skin cells and tissue, which can layer over the uneven and damaged scar tissue and create a new and healthy overall appearance.

 

Scar Treatment Oils Market Summary

Metrics

Details

CAGR

high

Size Available for Years

2021-2030

Forecast Period

2023-2030

Data Availability

Value (USD ) 

Segments Covered

By Type, By End User and By Region

Regions Covered

North America, South America, Europe, Asia Pacific, Middle East, and Africa

Fastest Growing Region

Asia-Pacific

Largest Market Share

North America

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and other key Insights.

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Market Dynamics

The scar treatment oils market growth is driven by the increasing number of surgeries, increasing incidents of burns, rising number of customers are shifting towards using natural and organic products to treat various skin problems, rise in favorable reimbursement policies for the treatment of various scar conditions.

Increasing number of surgeries and incidents of burns, is expected to drive the growth in the forecast period

Increasing incidents of burns and surgeries are expected to boost the growth of the global scar treatment oils market over the forecast period. For instance, in February 2019, a study published in the journal Experimental and Therapeutic Medicine reported that 13,205 burn patients were admitted to the Burn Research Institute of Southwest Hospital of the Army Medical University, China, during 2009-2016. Moreover, an increasing number of surgeries according to the Australian Institute of Health and Welfare’s Hospitals at a glance 2017–18 report updated in August 2019, admissions for emergency surgery increased between 2016-2017 and 2017-2018 by 2.9% in public hospitals and by 5.1% in private hospitals in Australia.

Growing preferance of organic and natural products, is expected to drive the growth in the forecast period

The increasing number of customers are shifting towards using natural and organic products to treat various skin problems. Hence, organic and natural oils are gaining popularity. The demand for minimum or no side-effect natural products such as gels, oils, creams have increased globally. Many companies developing topical scar treatment products have also started using natural ingredients containing essential oils such as aloe vera and tea tree oil is witnessing growing customer demand. Moreover, customers in developed countries are also opting for OTC (over-the-counter) products containing natural oils due to their ability to restore skin, which will ultimately fuel the market growth of the scar treatment oils market.

Some disadvantages of scar treatment oils is likely to hamper the market growth

Some scar treatment oils, people will make their skin red and sometimes itchy with just a few usage times. Despite the bad effect from excessive usage for pregnant women, the ingredient such as BHT is not strongly exposed. Some customers complains about the fragrance. It may not pretty and can be transferred to the clothes.

 

COVID-19 Impact Analysis

The coronavirus (COVID-19) pandemic and resulting lockdown in various countries across the globe have impacted major companies' financial status in the scar treatment oils market. The private healthcare sector is one of the sectors, which the COVID-19 pandemic has majorly impacted. The pandemic has negatively impacted the global scar treatment oils market in various aspects such as research and development, production, and supply of medicines. The pandemic has also affected the growth of pharmaceutical businesses of various companies across the globe due to lockdowns implemented by governments of several countries.

 

Scar Treatment Oils Market Segment Analysis

The natural segment is expected to hold largest share in this market segment

The organic and natural oils are gaining popularity due to minimum or no side-effects have increased globally. Many companies developing topical scar treatment products have also started using natural ingredients containing essential oils such as aloe vera and tea tree oil is witnessing growing customer demand. Moreover, customers in developed countries are also opting for OTC (over-the-counter) products containing natural oils due to their ability to restore skin, which will ultimately fuels the natural segment of the scar treatment oils market.

The e-commerce segment is expected to hold largest share in this market segment

Different social media platforms, blogs, and social discussion websites act as a suitable medium for posting opinionated reviews of scar treatment products and rating their popularity quotient. Increasing penetration of the internet and e-commerce across the globe is largely contributing to the patient’s uptake of scar treatment oil products.

For instance, companies such as Merz Inc., Occulus Innovative Science, Inc., and CCA Industries, Inc adopt many e-commerce marketing techniques to sell their topical scar treatment oils. Under this technique, E-commerce companies provide their topical scar treatment oils at a discounted rate either through a coupon method or through product bundling options.

 

Geographical Analysis

North America region holds the largest market share of global scar treatment oils market

The North American region served a dominant position in the global scar treatment oils market over the forecast period due to the growing lifestyle changes, dietary food habits and growing aging population. The women are highly concerned about their beauty and appearance and the advanced cosmetic procedures. The rise in the number of skin specialty clinics and hospitals is accelerating this regional market growth. In addition, the rising expenses on personal care products and scar treatment products are further adding boost. The U.S dominated the North American market. According to the American Burn Association, around 1.1 million burn injuries require medical treatment every year in the U.S.

 

Competitive Landscape

The global scar treatment oils market is highly competitive with presence of global companies.  Some of the key players which are contributing to the growth of the market include Perrigo Company, Smith & Nephew, Alliance Pharma, Rejuvaskin, HRA Pharma, Molnlycke Health Care, Sonoma Pharmaceuticals, Sientra, Pacific World Corporation, CCA Industries. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the market globally. For instance, On June 2017, Sonoma Pharmaceuticals announced the approval of two microcyn (hypochlorous acid) for the treatment of keloid / hypertrophic scars and atopic dermatitis in Singapore.

Scar Treatment Oils Market Key Companies to Watch

Overview: CCA Industries, Inc (Core Care America) markets health and beauty aids. The Company's products include nail treatment, hair treatment, skincare, oral health, and dietary products. CCA Industries products are sold to drug and food chains, mass merchandisers, and wholesale beauty-aids distributors throughout the United States and Canada.

Product Portfolio: The Company’s portfolio comprised of include nail treatment, hair treatment, skincare, oral health, and dietary products.

Key Developments: In March 2017, CCA Industries, Inc. announced the independent license agreement with Ultimark Products, LLC for global marketing rights of ‘Porcelana’ brand, which is an established skin tightening product.

Why Purchase the Report?

  • Visualize the composition of the scar treatment oils market segmentation by type, end-user and region highlighting the key commercial assets and players.
  • Identify commercial opportunities in scar treatment oils market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of scar treatment oils market - level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The global scar treatment oils market report would provide an access to an approx. 53 market data table, 43 figures and 200 pages. 

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers
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FAQ’s
Which region will be controlling the global Scar Treatment Oils Market during 2023-2030?
North America region Controls the Scar Treatment Oils Market during 2023-2030.
Who are the key players contributing to the growth of Scar Treatment Oils Market?
Some of the key players which are contributing to the growth of the market include Perrigo Company, Smith & Nephew, Alliance Pharma, Rejuvaskin, HRA Pharma, Molnlycke Health Care, Sonoma Pharmaceuticals, Sientra, Pacific World Corporation, CCA Industries.
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