The North America Topical Scar Treatment Market would witness market growth of 8.6% CAGR during the forecast period (2023-2030).
The US market dominated the North America Topical Scar Treatment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,232.4 million by 2030. The Canada market is experiencing a CAGR of 11% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10% during (2023 - 2030).
As consumers become more informed about skincare and the availability of scar treatment options, the demand for topical solutions may rise. Preferences for non-invasive and easily applicable treatments may boost the adoption of topical scar treatments. Products that offer convenience and minimal side effects are more popular. These are often recommended for managing scars resulting from surgical procedures.
Scars resulting from accidents, injuries, or trauma can be treated with topical products to minimize their appearance. This is especially important for scars on the face or other visible areas. These may improve the texture and colour of scars caused by burns. These products aim to hydrate the skin, promote collagen production and reduce inflammation. Individuals with acne scars often use topical treatments to address both hyperpigmentation and textural irregularities.
As per the International Trade Administration (ITA), in the first half of 2022, the Canadian cosmetics industry was the fastest-growing industry in the country. In 2022, Canada’s personal care and beauty sector earned around $11 billion in revenue. Canada has witnessed a growing demand for cosmetic procedures, including surgical and non-surgical interventions. Non-invasive cosmetic procedures, such as laser treatments, microdermabrasion, and injectables, have become increasingly popular in Canada. Hence, the factors mentioned above will drive the regional market growth.
Free Valuable Insights: The Topical Scar Treatment Market is Predict to reach USD 28.9 Billion by 2030, at a CAGR of 9.3%
Based on End-use, the market is segmented into Hospitals, Clinics, and Homecare. Based on Scar Type, the market is segmented into Atrophic Scars, Hypertrophic & Keloid Scars, Contracture Scars, and Stretch Marks. Based on Product, the market is segmented into Creams, Gels, Silicon Sheets, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By End-use
By Scar Type
By Product
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.