India Scar Treatment Market Size & Outlook, 2023-2030
India scar treatment market, 2018-2030 (US$M)
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India scar treatment market highlights
- The India scar treatment market generated a revenue of USD 1,432.1 million in 2023 and is expected to reach USD 2,953.8 million by 2030.
- The India market is expected to grow at a CAGR of 10.9% 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.
Scar treatment market data book summary
| Market revenue in 2023 | USD 1,432.1 million |
| Market revenue in 2030 | USD 2,953.8 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Topical |
| Fastest growing segment | Laser |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, India accounted for 5.0% of the global scar treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China scar treatment market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,704.1 million by 2030.
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Scar Treatment Market Scope
Scar Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 57.82% in 2023. Horizon Databook has segmented the India scar treatment market based on topical, laser, injectables, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Indian millennials are showing greater awareness and adopting a healthier lifestyle as the influence from social platforms continues to increase. India’s cosmetics industry is one of the country’s fastest-growing sectors, due to increasing coverage for related healthcare services and rising expenditure by public & private players.
According to IBEF, the cost of esthetic procedures in India is about one-tenth of that in western countries, and the country ranks 145th among 195 countries in terms of quality and accessibility of healthcare.
India is also more cost-competitive as compared to its Asian peers and western countries, leading to a noticeable boom in medical tourism sector. Key market drivers include increasing greater affordability of esthetic procedures, rising beauty concerns among men & women, and high disposable income & awareness about esthetic procedures.
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Our clientele includes a mix of scar treatment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India scar treatment market , including forecasts for subscribers. This country databook contains high-level insights into India scar treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India scar treatment market size, by product, 2018-2030 (US$M)
India Scar Treatment Market Outlook Share, 2023 & 2030 (US$M)
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