MerzPharma GmbH & Co. KGaA Company is an international healthcare company specializing in the counter and ointments, prescription creams and injectables in the fields of neurology, metabolic disorders, and dermatology. Merz is a global leader in the field of Alzheimer's disease research and developed memantine as the first drug for the treatment of sensible to severe Alzheimer's disease. The Merz franchise covers aesthetic dermatology.

In August 2016, Merz North America, a U.S. affiliate and the global MerzPharma GmbH & Co. KGaA announced the collaboration of ON Light Sciences. The collaboration has expected to help in expanding the Merz’s aesthetic portfolio. ON Light Sciences was a U.S. based medical device company that advanced technologies to increase laser-based dermatological procedures.

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Market Segmentation

Market Data Forecast published a report named Scar Treatment Market. Global Scar treatment market worth was around USD 19.2 billion in 2018 and is projected to reach USD 31.26 billion by 2023, at a CAGR of 10.24% during the forecast period from 2018 to 2023.

Report segmented as:

By treatment Type
Surface Treatment
Laser Treatment
Injectable Treatment
Invasive Surgical Treatment
By Scar Type:

Keloid
Hypertrophic Scars
Contracture Scars
Acne Scars
Stretch Scars
Post-surgical Scars
Technological advancements in scar treatment and growing circumstances among the consumers are also driving the growth of the market. Side effects related to scar treatment and the high cost of treatment are restraining market growth.

Geographical Segmentation:

Based on geography, the market divided under many countries namely, North America, the Middle East, Africa, Latin America, Asia-Pacific, and Europe. Europe is dominating Scar Treatment Market and Asia-pacific approximated to grow at the highest rate.

Key Market Players:

Occulus Innovative Sciences Inc.
Smith & Nephew PLC
Nutramarks Inc.
Merz Inc.
Enaltus LLC
CCA Industries Inc.
Cynosure IncLumenis
Syneron Medical Ltd.
Mölnlycke Health Care
Avita Medical Limited
Pacific World Corporation
Shanghai Fosun Pharmaceuticals Ltd
Alma Lasers
Valeant Pharmaceuticals International Inc.
Beijing Toplaser Technology Company Limited
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The Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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