Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022

Persistence Market Research

Global Scar Treatment Market Will Reach

US$ 31,904.8 Mn by 2022: Persistence
Market Research

Persistence Market Research

Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022
Persistence Market Research Released New Market Report Global Market Study on Scar
Treatment: Asia to Witness Highest Growth by 2022, the global scar treatment market is
estimated to account for US$ 16,048.7 Mn by the end of 2015. The market is expected to
expand at a CAGR of 10.3% from 2015 to 2022, accounting for US$ 31,904.8 Mn by 2022.

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Scar

Treatment

Market

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The global scar treatment market is witnessing significant growth due to rising prevalence of
skin

disease

and

growing

expenditure

on

personal

care.

Moreover,

technological

advancements in scar treatment and increasing appearance consciousness among

consumers are also driving the growth of the market. However, high costs of advanced scar
treatments and side effects of various treatments inhibits the growth of the market. The scar
treatment market is anticipated to grow from an estimated US$ 16,048.7 Mn in 2015 to US$
31,904.8 Mn by 2022 at a CAGR of 10.3% during the forecast period.

In North America, the disposable income of people is high compared to other regions of the
world, which results in high spending on personal care in the region. For instance, in 2014,
around 10 million surgical and nonsurgical cosmetic procedures were performed in the U.S.

In Europe, the scar treatment market is driven by high disposable income in the Western
European region, rising awareness about scar treatments, appearance consciousness and
increasing the prevalence of wounds in the region.

However, the growth of scar treatment market in Asia is much higher than that in developed
countries, due to population explosion and improving healthcare facilities in the region.
There are several other factors driving the scar treatment market in Asia such as rising
disposable income, increasing the prevalence of skin related problems, and growing focus on
personal well-being.

Persistence Market Research

Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022
Merz Pharma GmbH & Co. KGaA, Pacific World Corporation, Oculus Innovative Sciences, Inc.,
Valeant Pharmaceuticals International Inc., Avita Medical Limited, Enaltus, LLC., Revitol
Corporation Inc., Scarguard Labs LLC, Quantum, Inc., CCA industries Inc. are some of the
major players of Global Scar Treatment Market.

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The scar treatment market is segmented as follows:

By product type

Creams

Oils

Gels

Gel sheets

Elastic wraps

Sprays

By treatment

Laser treatment

Invasive surgical treatment

Cryosurgery

Chemical peeling

Dermabrasion

Steroid injections

Tissue fillers

By scar type

Keloid scars

Persistence Market Research

Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022

Contracture scars

Hypertrophic scars

Acne scars

Stretch marks

Post-surgical scars

By geography
North America

U.S.

Canada

Europe

Germany

France

Spain

U.K.

Italy

Asia

China

Japan

India

Rest of the World (RoW)

Market History:
The global scar treatment market is witnessing significant growth due to rising prevalence of skin disease
and growing expenditure on personal care. Moreover, technological advancements in scar treatment and
increasing appearance consciousness among consumers are also driving growth of the market. However,

Persistence Market Research

Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022
high costs of advanced scar treatments and side effects of various treatments inhibits growth of the
market.
The scar treatment market is anticipated to grow from an estimated US$ 16,048.7 Mn in 2015 to US$
31,904.8 Mn by 2022 at a CAGR of 10.3% during the forecast period. North America is the largest market
for scar treatment, with post-surgical scars being the most common type of scars for which people opt for
treatment. Asia is the fastest growing market; while laser treatment makes for the fastest growing type of
treatment in the global scar treatment market.
Various types of scar treatment products include creams, oils, gels, gel sheets, elastic wraps, and sprays.
The global scar treatment products market is expected to grow from an estimated US$ 9,472.0 Mn in
2015 to US$ 19,562.5 Mn in 2022 at a CAGR of 10.9% during the forecast period.

Table of Content
Chapter 1 Preface 8
1.1 Report Description 8
1.2 Research Methodology 9
1.3 Assumptions 9
Chapter 2 Market Synopsis 10
Chapter 3 Porters five forces analysis 11
3.1 Bargaining power of suppliers 11
3.2 Bargaining power of buyers 12
3.3 Threat of new entrants 12
3.4 Threat of substitutes 12

Persistence Market Research

Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022
3.5 Intensity of rivalry 13
Chapter 4 Industry Overview 14
4.1 Market Definition 14
4.2 Market Drivers 17
4.2.1 Growing geriatric population 17
4.2.2 Changing lifestyle and associated conditions leading to cardiovascular disorder 18
4.2.3 Rise in medical tourism promotes heart valve repair and replacement surgeries 20
4.2.4 Technological advancement in heart valve repair and replacement surgeries and
devices 20
4.3 Impact Analysis of Market Drivers 21
4.4 Market Restraints 22
4.4.1 Risks and complications associated with heart valve repair and replacement
surgeries 22
4.4.2 Lack of primary healthcare infrastructure in developing countries 22
4.5 Impact Analysis of Market Restraints 23
4.6 Market Trend 23
4.6.1 Growing product innovation 23
Chapter 5 Global Market Size and Forecast 25

Persistence Market Research

Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022
Chapter 6 Market Size and Forecast by Type of Procedure 30
6.1 Heart Valve Repair 30
6.2 Heart Valve Replacement 32
Chapter 7 Market Size and Forecast by Type of Replacement 34
7.1 Mechanical Heart Valve 34
7.2 Tissue Heart Valve 36
7.3 Transcathater Heart Valve 37
Chapter 8 Market Size and Forecast by Geography 40
8.1 North America 40
8.2 Europe 42
8.3 Asia-Pacific 45
Chapter 9 Competitive Scenario 48
9.1 Company Share Analysis 48
Chapter 10 Company Profiles 50
10.1 Edwards Lifesciences Corporation (Edwards) 50
10.1.1 Company overview 50
10.1.2 Products and services 50
10.1.3 Financial performance 51

Persistence Market Research

Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022
10.1.4 Key developments 52
10.2 St. Jude Medical, Inc. 53
10.2.1 Company overview 53
10.2.2 Products and services 53
10.2.3 Financial performance 54
10.2.4 Key developments 54
10.3 Sorin Group 55
10.3.1 Company overview 55
10.3.2 Products and services 55
10.3.3 Financial performance 55
10.3.4 Key developments 56
10.4 Boston Scientific Corporation 58
10.4.1 Company overview 58
10.4.2 Products and services 58
10.4.3 Financial performance 59
10.4.4 Key developments 59
10.5 Medtronic, Inc. 60
10.5.1 Company overview 60

Persistence Market Research

Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022
10.5.2 Products and services 60
10.5.3 Financial performance 61
10.5.4 Key developments 61
10.6 CryoLife, Inc. 63
10.6.1 Company overview 63
10.6.2 Products and services 63
10.6.3 Financial performance 63
10.6.4 Key developments 64
10.7 Colibri Heart Valve, LLC 65
10.7.1 Company overview 65
10.7.2 Products and services 65
10.7.3 Financial performance 65
10.7.4 Key developments 65
10.8 Abbott Laboratories, Inc. (Abbott) 66
10.8.1 Company overview 66
10.8.2 Products and services 66
10.8.3 Financial performance 67
10.8.4 Recent developments 67

Persistence Market Research

Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022
10.9 On-X Life Technologies, Inc. 68
10.9.1 Company overview 68
10.9.2 Products and services 68
10.9.3 Financial performance 68
10.9.4 Key developments 69
10.10 Neovasc, Inc. 70
10.10.1 Company overview 70
10.10.2 Products and services 70
10.10.3 Financial performance 70
10.10.4 Key developments 71
List of Tables
TABLE 1 Market snapshot: heart valve repair and replacement market, 2014 and 2020 10
TABLE 2 Types of heart valves 15
TABLE 3 Cost of heart valve replacement surgery in various countries 20
TABLE 4 Drivers for heart valve repair and replacement market: Impact analysis 21
TABLE 5 Restraints for global heart valve repair and replacement market: Impact analysis 23
TABLE 6 Some of the products launched by various companies 24
TABLE 7 Global heart valve repair and replacement market size, by region, 2010 2013 (USD
million) 25

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Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022

TABLE 8 Global heart valve repair and replacement market size, by region, 2014 2020 (USD
million) 26
TABLE 9 Global heart valve repair and replacement market size, by type of procedure, 2010
2013 (USD million) 27
TABLE 10 Global heart valve repair and replacement market size, by type of procedure, 2014
2020 (USD million) 28
TABLE 11 Global heart valve repair and replacement market size, by type of replacement,
2010 2013 (USD million) 29
TABLE 12 Global heart valve repair and replacement market size, by type of replacement,
2014 2020 (USD million) 29
TABLE 13 Global heart valve repair market size, by region, 2010 2013 (USD million) 31
TABLE 14 Global heart valve repair market size, by region, 2014 2020 (USD million) 31
TABLE 15 Global heart valve replacement market size, by region, 2010 2013 (USD million)
33
TABLE 16 Global heart valve replacement market size, by region, 2014 2020 (USD million)
33
TABLE 17 Global mechanical heart valve market size, by region, 2010 2013 (USD million)
35
TABLE 18 Global mechanical heart valve market size, by region, 2014 2020 (USD million)
35
TABLE 19 Global tissue heart valve market size, by region, 2010 2013 (USD million) 36
TABLE 20 Global tissue heart valve market size, by region, 2014 2020 (USD million) 37

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Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022
TABLE 21 Global transcathater heart valve market size, by region, 2010 2013 (USD million)
38
TABLE 22 Global transcathater heart valve market size, by region, 2014 2020 (USD million)
39
TABLE 23 The North American heart valve repair and replacement market size, by country,
2010 2013 (USD million) 41
TABLE 24 The North American heart valve repair and replacement market size, by country,
2014 2020 (USD million) 42
TABLE 25 The European heart valve repair and replacement market size, by country, 2010
2013 (USD million) 43
TABLE 26 The European heart valve repair and replacement market size, by country, 2014
2020 (USD million) 44
TABLE 27 The Asia Pacific heart valve repair and replacement market size, by country, 2010
2013 (USD million) 46
TABLE 28 The Asia Pacific heart valve repair and replacement market size, by country, 2014
2020 (USD million) 47
TABLE 29 Major products segments of Edwards Lifesciences Corporation 50
TABLE 30 Major products segments of St. Jude Medical, Inc 53
TABLE 31 Major products segments of Sorin Group 55
TABLE 32 Major products segments of Boston Scientific Corporation 58
TABLE 33 Major products segments of Medtronic, Inc. 60
TABLE 34 Major products segments of CryoLife, Inc. 63

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Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022
TABLE 35 Major products segments of Colibri Heart Valve, LLC 65
TABLE 36 Major products segments of Abbott Laboratories, Inc. 66
TABLE 37 Major products segments of On-X Life Technologies, Inc. 68
TABLE 38 Major products segments of Neovasc, Inc. 70
List of Figures
FIG. 1 Heart valve repair and replacement market: Porters five force analysis 11
FIG. 2 Cardiac cycle 14
FIG. 3 Types of heart valve procedure 16
FIG. 4 Aging population in major regions, 2000 2050 (% share in total population) 18
FIG. 5 Prevalence of overweight or obese males aged 30 years and above, 2005 and 2015,
(%) 19
FIG. 6 Prevalence of overweight or obese females aged 30 years and above, 2005 and 2015,
(%) 19
FIG. 7 Global heart valve repair and replacement market share, by region, by value, 2013 25
FIG. 8 Global heart valve repair and replacement market share, by type of procedure, by
value, 2013 27
FIG. 9 Global heart valve repair and replacement market share, by type of replacement, by
value, 2013 28
FIG. 10 Global heart valve repair and replacement market share, by region, by value, 2013
30
FIG. 11 Global heart valve replacement market share, by region, by value, 2013 32

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Highest Growth by 2022

FIG. 12 Global mechanical heart valve market share, by region, by value, 2013 34
FIG. 13 Global tissue heart valve market share, by region, by value, 2013 36
FIG. 14 Global transcathater heart valve market share, by region, by value, 2013 38
FIG. 15 The North American heart valve repair and replacement market share, by country,
by value, 2013 41
FIG. 16 The European heart valve repair and replacement market share, by country, by
value, 2013 43
FIG. 17 The Asia Pacific heart valve repair and replacement market share, by country, by
value, 2013 46
FIG. 18 Company share of the heart valve repair and replacement market 48
FIG. 19 Net sales and net income of Edwards Lifesciences Corporation, 2012 2014 (USD
million) 51
FIG. 20 Net sales and net income of St. Jude Medical, Inc., 2012 2014 (USD million) 54
FIG. 21 Net revenue and net profit of Sorin Group, 2011 2013 (USD million) 56
FIG. 22 Net sales and net income of Boston Scientific Corporation, 2012 2014 (USD million)
59
FIG. 23 Net sales and net earnings of Medtronic, Inc., 2012 2014 (USD million) 61
FIG. 24 Revenue and net income of CryoLife, Inc., 2012 2014 (USD million) 64
FIG. 25 Abbott net sales and net earnings, 2011 2013 (USD million) 67
FIG. 26 Revenue and net income/loss of Neovasc, Inc., 2011 2013 (USD million) 71

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Scar Treatment Market - Global Study on Scar Treatment - Asia to Witness

Highest Growth by 2022
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