Keloid is the abnormal formation of scar tissue that forms at the site of cutaneous injury mostly at the site of surgical incision or trauma. Keloids can also appear after surgery or injury, but it can also occur on the skin with minor inflammation such as acne on the chest. Sometimes other minor injuries that can also trigger keloids are cosmetic piercings and burns.
According to the national institute of health, keloid can be seen in people among the age of 10 to 30 years. It can also be seen in people of Africa, America, and the Asian region. Mostly 90% of African population suffers from keloid skin problems.
Growing awareness among patients about the new technological advancement in keloid treatment market growth is the key factors that drive the growth of the market. As there is an increasing prevalence of keloid among people the demand for keloid treatment is increasing and hence there is an increase in keloid treatment market.
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The global keloid treatment market is dominated by many market players. The key players in the market are engaged in developing new technological advancement in keloid treatment to shift from monotherapy to combination therapy to maintain its market position.
Key Players:
Some of the key players in the global keloid treatment market are Perrigo Company plc, Sonoma Pharmaceuticals, Inc., Pacific World Corporation, Revitol Corporation Avita Medical Limited, Bristol-Myers Squibb Company, RXi Pharmaceuticals, Inc, Sensus Healthcare, Valeant Pharmaceuticals International, Inc, and Novartis AG.
Segmentation:
The global keloid treatment market has been segmented into product, treatment, and end-users.
- based on product has been segmented into elastic wraps, sprays, ointment, creams, oil, topical gels & gel sheets.
- based on treatment is further segmented into ligature, radiation therapy, cry therapy, surgical treatment, laser treatment, steroid injections, corticosteroid injections (intralesional steroids), silicone gel or sheeting, interferon
- based on end user, the market has been segmented into dermatology clinics, hospitals, ambulatory surgical centers.
Regional Analysis:
The market in the Americas is expected to dominate the keloid treatment market during the forecast period owing to the rising demand for keloid treatment, increasing cosmetics expenditure, and rising popularity of keloid skin problems among the people. Additionally, clinics in North America are adopting advanced treatment that can reduce the risk of occurrence of the keloid. The European market is expected to be the second-largest due to government funding and support of the healthcare sector coupled with the growing incidence of keloid skin problems, whereas the keloid treatment market in Europe is expected to increase due to rising awareness and favorable reimbursement for skin treatment.
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Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the assessment period owing to increasing population explosion of keloid skin problems and favorable government initiatives for healthcare facilities. The market in the Middle East & Africa is likely to account for the smallest share of the global keloid treatment market. The market growth in this region can be attributed to increasing healthcare expenditure and developing healthcare infrastructure.
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Recently published a report entitled Hypertrophic And Keloid Scar Treatment Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad hypertrophic and keloid scar treatment market has been sub-grouped into type, product and end-user.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Hypertrophic And Keloid Scar Treatment Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/hypertrophic-and-keloid-scar-treatment-market/download-sampleBy TypeHypertrophicKeloidBy ProductTopical ProductsSilicone SheetsCreamsGelsOthersLaser productsPulse-dyedCO2OthersInjectableOthersBy End-UseHospitalsClinicsRetail pharmacies/E-commerceThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the hypertrophic and keloid scar treatment market includes Cynosure, Inc., Enaltus, LLC, Lumenis, Merz, Inc., Mölnlycke Health Care AB, NewMedical Technology, Inc., Pacific World Corporation., Perrigo Company plc, Scar Heal, Inc., Smith & Nephew PLC, Sonoma Pharmaceuticals, Suneva Medical, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for hypertrophic and keloid scar treatment in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
