Hypertrophic Scar Market is segmented By Product (Silicone Gel Sheets, Pressure Garments, Topical Treatments), By Application (Burns, Surgical Scars, ....
Market Size in USD Bn
CAGR6.5%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 6.5% |
Market Concentration | Medium |
Major Players | Smith & Nephew plc, 3M Company, Medline Industries, Inc., ConvaTec Group plc, Mölnlycke Health Care AB and Among Others |
The hypertrophic scar market is estimated to be valued at USD 5.86 Bn in 2024 and is expected to reach USD 9.14 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031. The market has been witnessing steady growth over the years primarily driven by rising incidences of burn injuries and surgeries. Advancements in tissue engineering approaches and technologies for effective scar treatment have further increased demand.