Europe Scar Treatment Market Size & Outlook, 2023-2030
Europe scar treatment market, 2018-2030 (US$M)
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Europe scar treatment market highlights
- The Europe scar treatment market generated a revenue of USD 8,222.2 million in 2023.
- The market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, topical was the largest revenue generating product in 2023.
- Laser is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 8,222.2 million |
| Market revenue in 2030 | USD 15,671.1 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Topical |
| Fastest growing segment | Laser |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Topical, Laser, Injectables, Other Products |
| Key market players worldwide | Smith & Nephew PLC, Lumenis, Merz Pharma, Sonoma Pharmaceuticals Inc, Cynosure, CCA Industries Inc, Mölnlycke Health Care, Suneva Medical, Pacific World Corporation, Perrigo Co PLC, Enaltus, Newmedical, Make Love Not Scars |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.9% of the global scar treatment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,561.1 million by 2030.
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Scar Treatment Market Scope
Scar Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe scar treatment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to scar treatment market will help companies and investors design strategic landscapes.
Topical was the largest segment with a revenue share of 57.94% in 2023. Horizon Databook has segmented the Europe scar treatment market based on topical, laser, injectables, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Scar treatment is expected to show lucrative growth over the forecast period, owing to favorable reimbursement policies. According to the European Commission’s decision, 85% to 100% of reimbursement can be provided in case of plastic surgery, post a serious illness, accident, or deformity.
A drawback of this policy is that plastic surgery, which is purely cosmetic, will not be reimbursed. According to a report published by the European Commission, the cases that require plastic surgery have increased by 41% from 78,000 in 1995 to 110,000 in 2006.
Even though there is no reimbursement for cosmetic plastic surgeries, the demand for esthetic procedures in Europe is rising, owing to increasing disposable income and healthcare expenditure. According to Europa Edu, in 2019, around 22,800 road accident fatalities were recorded in the 27 EU member states.
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Our clientele includes a mix of scar treatment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe scar treatment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe scar treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe scar treatment market size, by country, 2018-2030 (US$M)
Europe Scar Treatment Market Outlook Share, 2023 & 2030 (US$M)
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