South Africa Scar Treatment Market Size & Outlook
South Africa scar treatment market, 2018-2030 (US$M)
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South Africa scar treatment market highlights
- The South Africa scar treatment market generated a revenue of USD 296.3 million in 2023 and is expected to reach USD 595.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10.5% 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 296.3 million |
| Market revenue in 2030 | USD 595.2 million |
| Growth rate | 10.5% (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, South Africa accounted for 1.0% 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 Middle East & Africa, South Africa scar treatment market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 595.2 million by 2030.
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Scar Treatment Market Scope
Scar Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 57.88% in 2023. Horizon Databook has segmented the South Africa scar treatment market based on topical, laser, injectables, other products covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa has a significant and largely neglected public health burden, owing to factors including the high incidence of burn injuries & fatalities. According to NCBI estimates, about a million patients suffer from drastic burn injuries in South Africa annually, with 18% of hospital admissions due to burns.
These injuries often leave scars that require treatment for removal or reduction. With a large number of people being affected by burns, topical products are being used commonly. In more complicated situations, laser treatment options are utilized.
South Africa is one of the fastest-growing countries in terms of population and has a top-tier emerging market economy, with investment potential in esthetics and cosmetics by multinational companies. According to Africa Business Pages, there has been a significant increase in the middleclass population, which has opened opportunities for various local & international companies.
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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 country-level data and insights on the South Africa scar treatment market , including forecasts for subscribers. This country databook contains high-level insights into South Africa scar treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa scar treatment market size, by product, 2018-2030 (US$M)
South Africa Scar Treatment Market Outlook Share, 2023 & 2030 (US$M)
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