Stretch Marks Treatment Market Share

Regionally, the global market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. Asia Pacific industry is poised to account for largest revenue share by 2036, propelled by rapidly changing lifestyles of consumers, and emergence of online shopping portals for medical products in the region. Moreover, the market in North America is expected to occupy the largest share by the end of 2030, which can be credited to the high healthcare spending, and availability of advanced treatment options in the region. As per the Centers for Medicare and Medicaid Services, the healthcare spending in the U.S. grew 9.7 percent in 2020, reaching a value of USD 4.1 trillion or USD 12,530 per person. In addition, rising consciousness for cosmetic procedures and fashion is also anticipated to propel the market growth in the region in the coming years.