Global Stretch Marks Treatment Market Size By Treatment (Topical Products, Laser), By End User (Hospitals and Clinics, Home Use), By Geographic Scope And Forecast
Published on: 2024-08-06 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Stretch Marks Treatment Market Size By Treatment (Topical Products, Laser), By End User (Hospitals and Clinics, Home Use), By Geographic Scope And Forecast
Stretch Marks Treatment Market Size And Forecast
Stretch Marks Treatment Market size was valued at USD 2.51 Billion in 2024 and is projected to reach USD 3.57 Billion by 2031, growing at a CAGR of 4.50% during the forecasted period 2024 to 2031.
The predominance of unhealthy lifestyles is causing an increase in obesity, which is fueling the development. Pregnant women’s growing cosmetic concerns are also anticipated to drive the industry. Stretch marks impact women during and after pregnancy, as well as other individuals in their teenage years. They are also common in individuals who acquire or lose weight abruptly. Furthermore, seeing stretch scars after a rapid increase among teens is significantly driving the market. The Global Stretch Marks Treatment Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Stretch Marks Treatment Market Drivers
The market drivers for the Stretch Marks Treatment Market can be influenced by various factors. These may include
- Stretch marks are common in both men and women across a range of age groups, which is a major factor driving the market. Stretch marks can result from a variety of factors, including pregnancy, adolescence, fast weight gain or loss, and hormonal changes. As a result, there is a sizable patient base in need of treatment options.
- Raising Awareness and Addressing Aesthetic IssuesStretch mark treatments are in high demand due to rising awareness of aesthetic procedures and the desire for perfect skin. The industry is expanding as a result of people looking for cosmetic remedies to lessen the appearance of stretch marks.
- Technological Advancements in DermatologyThe array of treatment choices for stretch marks has been augmented by technological developments in dermatology, including radiofrequency treatments, microdermabrasion, laser therapy, and topical creams. More patients are choosing to receive treatment thanks to these cutting-edge technologies, which provide more efficient and minimally invasive techniques.
- Growing Disposable IncomePeople can now afford to invest in cosmetic operations and treatments for skin conditions like stretch marks, thanks to rising levels of disposable income, especially in emerging economies. People are willing to spend more on aesthetic procedures as they become more financially stable, which is driving market expansion.
- Trend toward Non-Invasive ProceduresAs a result of its reduced discomfort, shorter recovery periods, and fewer dangers than surgical procedures, non-invasive or minimally invasive treatments are becoming more and more popular. In the market for stretch mark therapy, this tendency fuels demand for technology including lasers, ultrasound, and radiofrequency devices.
- Expansion of Medspas and Aesthetic ClinicsThe market is growing as a result of the rise in medical spas and aesthetic clinics that provide a variety of cosmetic procedures, including treatments for stretch marks. An increased number of people seeking professional assistance for skin issues is encouraged by the increased accessibility of such services.
- R&D Investments and Product InnovationAs a result of ongoing efforts by major industry participants in research and development, new stretch mark products and treatments are introduced. Businesses make investments in creating cutting-edge products, tools, and processes to meet the wide range of consumer demands and promote market growth.
- Influence of Celebrities and Social MediaConsumer behavior and beauty standards are greatly influenced by celebrity endorsements and social media platforms. Demand for skin care products is driven by influencers’ and celebrities’ pristine skin representations, which inspire people to seek solutions for flaws like stretch marks.
- Expanding Male Grooming MarketThe market for treatments for stretch marks is expanding as a result of men’s growing acceptance of male grooming and their increased need for skincare goods and services. Stretch marks are among the skin issues that men are looking for remedies for, which is driving market growth.
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Global Stretch Marks Treatment Market Restraints
Several factors can act as restraints or challenges for the Stretch Marks Treatment Market. These may include
- Limited Effectiveness of Current TreatmentsThere are a number of stretch mark remedies available, but their efficacies vary widely, and some may not have a noticeable impact. This restriction may discourage prospective patients from seeking care or result in unsatisfactory results.
- Expensive TreatmentLaser therapy and cosmetic surgeries are two costly treatments for stretch marks. Due to high prices, some people may not be able to afford these treatments or may be discouraged from seeking therapy entirely.
- Possible Side EffectsThere is a chance that certain stretch mark treatments, especially those that require invasive procedures or strong topical drugs, will have unfavorable side effects. People may decide not to receive therapy because they are worried about possible side effects or discomfort.
- Low Awareness and EducationIt’s possible that many people are ignorant of the various stretch mark treatments or have false beliefs about how successful they are. Insufficient knowledge about treatment methods and their results can impede market expansion by decreasing the need for these services.
- Social Stigma and PerceptionStretch marks are frequently seen as a cosmetic rather than a medical condition, which makes some people think that receiving treatment is pointless or trivial. Because of the social stigma associated with stretch marks, people may be reluctant to seek treatment out of fear of being judged or being expected by others.
- Preference for Natural RemediesSome people might like using natural cures for stretch marks, such as lotions, oils, or herbal medicines. This predilection for do-it-yourself or non-invasive remedies may reduce the need for expert care and have an adverse effect on market expansion.
- Limited Insurance CoverageSince treating stretch marks is sometimes regarded as a cosmetic surgery, health insurance policies could not provide coverage for it. For those who cannot afford the out-of-pocket costs of therapy, not having insurance can be a major obstacle.
- Difficulties in Clinical ResearchIt might be difficult to carry out thorough clinical trials that show the safety and effectiveness of novel treatments for stretch marks. Innovative medicines may take longer to reach the market due to regulatory hurdles, recruitment challenges, and the intricacy of quantifying treatment outcomes.
Global Stretch Marks Treatment Market Segmentation Analysis
The Global Stretch Marks Treatment Market is Segmented on the basis of Treatment, End User, And Geography.
Stretch Marks Treatment Market, By Treatment
- Topical Products
- Laser
- Microdermabrasion
Based on Treatment, the market is segmented into Topical Products, Laser, and Microdermabrasion. The topical products segment is dominating the market and is anticipated to continue leading in the near future due to an increase in stretch marks caused by pale skin, pregnancy, a history of having twins or big babies, abrupt weight loss or gain, and obesity, among other factors. Additionally, the use of corticosteroid medicines is anticipated to drive demand for topical goods. Creams, oils and serums, and balms are the different types of topical goods. Creams are expected to dominate the market during the projection period due to higher sales. Manufacturers’ increasing attempts to sell creams are considerably fueling segment development. Furthermore, rising customer disposable income and expanding Asia Pacific countries are driving cream sales.
Stretch Marks Treatment Market, By End User
- Hospitals and Clinics
- Home Use
Based on End User, the market is segmented into Hospitals and Clinics and Home Use. Due to the increased use of topical therapy, the home use segment controlled the stretch mark treatment market. Furthermore, the medical industry was the market leader in stretch mark therapy. The category is anticipated to continue to dominate for the near future. The growth of the hospital sector is attributed to an increase in aesthetic operations in key countries such as the United States, Germany, and Japan. Furthermore, rising customer knowledge of aesthetic and cosmetic treatments in emerging countries such as China and India is expected to drive market growth.
Stretch Marks Treatment Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Based on regional analysis, the Stretch Marks Treatment market is classified into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Due to the sophisticated healthcare infrastructure, the firm foothold of key market participants, technological advances, and the region’s increasing obesity prevalence, North America is anticipated to hold a substantial stake. The availability of improved treatment choices, as well as the region’s large target populace, are also adding to the market’s growth. According to a World Obesity Federation study released in March 2022, the expected frequency of obesity in the United States is likely to be 47% by 2030, with 64 million women and 61 million men fat by 2030. As a result, the country’s high incidence of obesity is one of the major contributors to the region’s market development.
Key Players
The “Global Stretch Marks Treatment Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Helix BioMedix Inc., Candela Corporation, Alliance Pharma PLC, Dermaclara Inc., Basq Skincare, Clarins Group, HRA Pharma, E.T. Browne Drug Co. Inc. (Palmers), Laboratoires Expanscience, Union Swiss (Pty) Ltd, Weleda AG, Skin Science Solutions, Merz Pharma GmbH & Co. KGaA, Cynosure, Inc., Syneron Medical Ltd., Mama Mio US Inc., Ellipse A/S.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Key Developments
- In May 2022, Givaudan Active Beauty introduced Centella CAST, an ingredient that targets the processes that cause stretch scars to develop. It works on four levels to reestablish skin elasticity, density, and firmness, decreasing the look of stretch scars.
- In April 2022, Icoone Roboderm, a new generation technology from Skin Science Solutions, uses unique cellular technologies to provide painless and non-invasive face and body rejuvenation. The Icoone technology provides a variety of customizable and efficient treatments for the face and body, such as stretch line and wrinkle reduction.
- For instance, in 2022, Alma Lasers unveiled Alma Hybrid, Cynosure PicoSure Pro, and Lumibird Medical NdYAG LASERCapsuloTM.
- In September 2020, Stretch Mark Oil and Cream were developed by Himalaya. It is a revolutionary two-step skin care routine that helps mothers reduce the visibility of stretch scars both during and after pregnancy.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Helix BioMedix Inc., Candela Corporation, Alliance Pharma PLC, Dermaclara Inc., Basq Skincare, Clarins Group, HRA Pharma, E.T. Browne Drug Co. Inc. (Palmers), Laboratoires Expanscience, Union Swiss (Pty) Ltd, Weleda AG |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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