Keloid Treatment Market, 2016-2026 by Segmentation: Based on Product, Application and Region

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Keloid Treatment Market, 2016-2026 by Segmentation: Based on Product, Application and Region
Keloid Treatment
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016
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Description
Report Description
Keloid scars are heap-up scars that develop abruptly on the skin surface. Keloid scars are
developed with injuries causing due to, acne, burns, ear piercing, chickenpox, surgical
cuts, scratches and vaccination sites. According to the National Centre of Biotechnology,
keloid scars are commonly seen in people between age group 10 to 20 years of age.
Though keloid scars are benign, continuous growth of the scar may result in skin cancer.
Due to high incidence of keloid scars, many companies are in currently in the process of
developing block buster drug molecules that can cure keloid scares completely. Apart
from biopharmaceutical and pharmaceutical companies, many universities and medical
centers such as the Carmel Medical Center, the University of Schleswig-Holstein and the
Northwestern University are also conducting clinical trials to develop drugs for keloid
treatment.
Keloid Treatment Market: Drivers and Restraints
Increasing awareness about scare treatment products, technological advancement in
keloid scare treatment, increasing appearance consciousness, growing expenditure on
personal care, and changing lifestyle are endorsing the growth of keloid treatment
market. However, the high cost of keloid treatment, side effects, complications during
treatment, and pain during treatment are the factors that would hinder the growth of
keloid treatment market.
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Report
Description
Report Description
Keloid Treatment Market: Segmentation
The global keloid treatment market is segmented based on type of product and
treatment.
Based on product type, the global keloid treatment market is segmented into the
following:
• Ointment
• Creams
• Elastic Wraps
• Sprays
• Oils
• Topical Gels/Gel sheets
Based on treatment options, the global keloid treatment market is segmented into the
following:
• Surgical Treatment
• Laser treatment
• Radiation therapy
Report
Description
Report Description
• Cry therapy
• Steroid injections
• Interferon
Keloid Treatment Market: Market Overview
Currently, there are various healing products available in the market for the treatment of
keloid treatment. These products range from ointment to topical gels. Some of the
established treatment for keloid mainly include surgical treatment, radiation therapy, and
steroid injections. This segment gaining attention of keloid drug manufacturer and has
provided a major trust to the market. With this, keloid treatment market is expected to
grow with healthier CAGR over the forecasted period.
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Keloid Treatment Market: Region-wise Outlook
Currently, North America dominates the global keloids treatment market due to high
disposable income of people is high compared to other regions of the world. In Europe,
the keloid treatment market is driven by rising awareness and favorable reimbursement
for skin treatment. However, the growth of keloid treatment market in Asia-Pacific is
much more promising due to population explosion and improving healthcare facilities in
the region.
Report
Description
Report Description
There are several other factors driving the keloid scare treatment in Asia such as rising
disposable income, rapidly improving healthcare facilities, and growing focus on personal
well-being.
Keloid Treatment Market: Key Players
Key companies operational in keloid treatment market are RXi Pharmaceuticals, Inc.,
Renovo Group Plc, Novartis AG, GlaxoSmithKline plc, Galena Biopharma, Inc., BristolMyers Squibb Company, Pacific World Corporation, Valeant Pharmaceuticals International
Inc., Revitol Corporation Inc., and Avita Medical Limited,.
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