Dublin, Jan. 08, 2024 (GLOBE NEWSWIRE) -- The "Asia-Pacific Scar Management Market - Analysis and Forecast, 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Asia-Pacific scar management market is expected to reach $363.4 million by 2030 from $209.8 million in 2022 at a CAGR of 7.14% during the forecast period 2023-2030.
The scar management market in APAC is currently growing and progressing. The scar management market is predicted to rise due to an increase in the number of scars created by operations, accidents, and burns, which is pushing up demand for solutions to treat them.
This expansion is being driven by an increase in demand for efficient scar management treatments as a result of operations, injuries, or skin problems. The market is focusing on introducing new and better solutions to address various scar types, such as atrophic scars, hypertrophic and keloid scars, contracture scars, and stretch marks.
Regulatory advances, continuous research, and partnerships between medical professionals and industry stakeholders all contribute to the growth of the APAC scar management market. These coordinated efforts are opening the path for novel treatments and pointing to a bright future for scar management in the region. Furthermore, rising consumer awareness and technological improvements are likely to fuel market expansion and change.
However, the APAC scar management market confronts a number of obstacles. Navigating differing rules and regulations across different areas is a huge problem. Furthermore, certain advanced scar control procedures may be prohibitively expensive for certain demographic groups. Ensuring the affordability and accessibility of scar management treatments remains a daunting task for the APAC market.
How can this report add value to an organization?
Workflow/Innovation Strategy:
The scar management market (by scar type) comprises atrophic scars, hypertrophic and keloid scars, contracture scars, and stretch marks. Moreover, the study provides the reader with a detailed understanding of the various types of scars and associated products tailored to address these scars.
Competitive Strategy:
Key players in the Asia-Pacific scar management market have been analyzed and profiled in the study, including new product launches and strategic collaborations.
Moreover, a detailed competitive benchmarking of the players operating in the Asia-Pacific scar management market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Attributes:
Report Attribute | Details |
No. of Pages | 94 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $224.2 Million |
Forecasted Market Value (USD) by 2030 | $363.4 Million by 2030 |
Compound Annual Growth Rate | 7.1% |
Regions Covered | Asia Pacific |
Key Topics Covered:
1 Market
1.1 Product Definition
1.2 Inclusion Criteria for the Report
1.3 Exclusion Criteria for the Report
1.4 Key Findings
2 Industry Outlook
2.1 Market Overview
2.2 Market Trends
2.3 Impact of COVID-19 on Scar Management
2.4 Supply Chain Analysis
2.4.1 Key Entities in Supply Chain
2.5 Purchasing Channels
2.6 Reimbursement Scenario
2.6.1 Reimbursement Scenario in North America
2.6.2 Reimbursement Scenario in Europe
3 Market Dynamics
3.1 Overview
3.2 Impact Analysis
3.3 Market Drivers
3.3.1 Rising Incidences of Burn and Trauma Injuries
3.3.2 Innovative Scar Treatment Approaches
3.3.3 Rising Healthcare Expenditure
3.3.4 Presence of Concern Related to Aesthetic Appearances Leads to an Upsurge of Cosmetic-Related Surgeries and Scar Management
3.3.5 Increasing Number of Surgical Procedures
3.4 Market Restraints
3.4.1 High Procedural Costs Associated with Scar Treatments and Management Solutions
3.4.2 Lack of Patient Awareness Regarding Scar Management Solutions
3.5 Market Opportunities
3.5.1 Emergence of Remote Monitoring and Digital Health Solutions
4 Asia-Pacific
4.1 Overview
4.2 Asia-Pacific
4.2.1 Legal Framework and Regulatory Requirement
4.2.2 Market Dynamics
4.2.3 Market Sizing and Forecast
4.2.3.1 Asia-Pacific Scar Management Market (by Product)
4.2.3.2 Asia-Pacific Scar Management Market (by Scar Type)
4.2.3.3 Asia-Pacific Scar Management Market (by End User)
4.2.3.4 Asia-Pacific Scar Management Market, (by Country)
4.2.3.4.1 China
4.2.3.4.1.1 Market Dynamics
4.2.3.4.1.2 Market Size and Forecast
4.2.3.4.1.2.1 China Scar Management Market (by Product)
4.2.3.4.2 Japan
4.2.3.4.3 Malaysia
4.2.3.4.4 India
4.2.3.4.5 Australia
4.2.3.5 Thailand
4.2.3.6 South Korea
4.2.3.7 Rest-of-Asia-Pacific
5 Markets - Competitive Benchmarking & Company Profiles
5.1 Competitive Landscape
5.1.1 Overview
5.1.2 Business Strategies
5.1.2.1 Product Launches/Approvals
5.2 Scar Management Ecosystem Active Players
5.3 Company Profiles
5.3.1 Weigao Group
5.3.1.1 Company Overview
5.3.1.2 Role of Weigao Group in the Scar Management Market
5.3.1.3 Financials
5.3.1.4 Target Customers
5.3.1.5 Analyst Perspectives
5.3.2 Winner Medical Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/5e5skh
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment