(PharmaNewsWire.Com, August 17, 2017 ) The Latin America Scar Treatment Market has been estimated at USD 2.21 billion in 2016 and is projected to reach USD 3.82 billion by 2021, at a CAGR of 11.54% during the forecast period from 2016 to 2021. Latin America scar treatment market is likely to emerge as the fastest growing market globally.
Treatment by surgery can be effective as it provide benefits like changing the width or shape of the scar, changing its position and releasing a tight scar which is close to joint for improving joint movement. Some facial scars can be covered by using cosmetic camouflage.
Technological advancements and increasing appearance consciousness are the major factors driving the scar treatment market. There is an increase in the use of silicon-based products for prevention and treatment of scars. Silicon sheets have gained popularity in the market as they protect scar from moisture and infection.
The Latin America scar treatment market is mainly segmented based on type of treatment into Topical treatment, Surface Treatment, Laser Treatment, Injectable Treatment and Invasive Surgical Treatment. Topical treatment is further segmented into creams, oils, gels and gel sheets. Surface treatment can be sub segmented into Dermabrasion, Chemical Peeling and Cryosurgery. Injectable treatment can be divided into tissue fillers and steroid injections. Based on scar type the market is bifurcated into Keloid and Hypertrophic Scars, Contracture Scars, Acne scars, Stretch scars and post-surgical scars. Basis on end users the market is segmented into hospitals, private clinics, pharmacies & drug stores and E-Commerce. Acne scars are the most common; their treatment involves antibiotic treatment or laser solutions. Based on geography, the market has been segmented into Brazil, Argentina and Mexico.
Major players dominating the scar treatment market are Occulus Innovative Sciences Inc., Smith & Nephew PLC, Nutramarks Inc., Merz Inc., Enaltus LLC, CCA Industries Inc., Cynosure IncLumenis, Syneron Medical Ltd., Mölnlycke Health Care, Avita Medical Limited, Pacific World Corporation, Shanghai Fosun Pharmaceuticals Ltd. (AC. Alma Lasers), Valeant Pharmaceuticals International Inc., and Beijing Toplaser Technology Company Limited.
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