Keloid Treatment Market is projected to grow at a CAGR of 9.9% during the forecast period 2022-2029.
Keloid Treatment Market report covers in-depth insights on market size, share, trends, demand, value, and growth report 2022-2029.
Keloid Treatment Market is segmented By Treatment Type, By Distribution Channel, and by Region– Global Industry Share, Size, Outlook, and Opportunity Analysis, 2022-2029
Keloid Treatment Market Outlook:
According to the report published by DataM Intelligence, the global Keloid Treatment Market is projected to grow at a CAGR of 9.9% during the forecast period 2022-2029.
Keloids are a type of raised scar that is caused by an excess of a protein (collagen) in the skin during healing after an injury. Keloids are often lumpy or ridged but are not harmful and are usually self-diagnosable.
The global market for the Keloid Treatment Market is majorly driven by the growing technological advancements in skincare and scar removal, rising awareness about products and treatment selection for keloids among patients, and the ever-rising focus on presence.
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As per the report, the global market is segmented by treatment type, distributional channels, and by region. By region, the market is divided into five major regions North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. Among all regions, the North America region is expected to be the largest market share in the global keloids treatment market during the forecast period 2022-2029. The Asia Pacific is the fastest growing region in the global market over the forecast period.
Keloid Treatment Market Classification:
According to the study, by treatment type segment, further classified into Occlusive Dressing, Compression Therapy, Cryosurgery, Excision, Radiation Therapy, Laser Therapy, Interferon Therapy, Intralesional Corticosteroid Injection, and Others. Based on the Distributional Channel segment is further divided into Hospitals, Dermatology Clinics, Ambulatory Surgical Centers, and Others.
Key players are adopting strategies such as mergers and acquisitions, partnerships, and regional expansion to stand out as strong competitors in the market. New product drug and increasing R&D are other ways the leading players improve their market presence.
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Some of the Major companies leading the global keloid treatment market are;
- Bristol-Myers Squibb Company
- Valeant Pharmaceuticals International Inc.
- Renovo Group Plc
- Galena Biopharma Inc.
- Pacific World Corporation
- Novartis AG
- GlaxoSmithKline Plc.
- RXi Pharmaceuticals Inc.
- Revitol Corporation
- Avita Medical Limited
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