Global Keloid Treatment Market Insights and Competitive Analysis in the Forecast Period

‘Global Keloid Treatment Market - Size, Share and Forecast (2019 - 2026)’ from DataM Intelligence provides expert analysis into the market share, size, industry outlook, volume, major manufacturers and future trends in this industry. Probable impediments have also been discussed so as to allow the user in getting a better understanding of the key market drivers and restraints.

Global Keloid Treatment Market Dynamics
The global market for the Keloid Treatment Market is primarily driven by the rising technological advancements in skin care and scar removal, increasing awareness regarding products and treatment options for keloids among patients and the ever-rising focus on appearance. The scar conditions identified 17% were reported as due to trauma, 14% to burns, and the remaining 69% to operations or other and unspecified causes. Keloids can appear anywhere on the body and affect an estimated 10-15% of all wounds. Out of 6.2 million reconstructive procedures performed on patients in a year, 250,000 surgeries are related with scar revisions. According to the National Institute of Health, keloid scars are most commonly found in people of Asian, African American, or Hispanic descent.

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Global Keloid Treatment Market Segmentation
By Treatment Type, the Global Keloid Treatment Market is segmented into Occlusive Dressing, Compression Therapy, Cryosurgery, Excision, Radiation Therapy, Laser Therapy, Interferon Therapy, Intralesional Corticosteroid Injection, and others. Intralesional Corticosteroid Injection holds a significant market share as they are considered the standard treatment option and are favoured among physicians and patients as they reduce the recurrence rate of keloids.
Global Keloid Treatment Market– Geographical Analysis
North America holds the largest market share and is expected to show steady development owing to the high prevalence skin-related disorders and trauma coupled with the relatively high and easy availability as well as the adoption of new products, technologies, and treatment alternatives. For instance, there are about 93 million people in the United States suffering from scars, out of which about 169 million scars can be characterized as hypertrophic and keloid scars. Annually, 1.1 million burn injuries require medical attention in the US. The Asia Pacific is expected to witness the fastest market growth for keloid treatment owing to the increased focus on the appearance and presence of a large number of manufacturers. Moreover, the availability of technologically advanced products such as laser instruments, at lower prices is expected to boost their adoption, coupled with a significant presence of target population in the region is propelling market expansion. For instance, there are more than 10 million cases per year in India alone. According to the World Health Organization (WHO), in India, over 1,000,000 people are moderately or severely burnt every year. Other divers encouraging the market growth for keloid treatment are the increasing disposable incomes and improving healthcare facilities in the region.

Global Keloid Treatment Market Company Trends
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.
In April 2019, Xstrahl Medical, one of a key company in superficial radiotherapy devices to treat non-melanoma skin cancer and dermatological conditions, launched its latest superficial radiotherapy treatment system. The new Xstrahl 150 system will be the company's most comprehensive superficial system, offering clinicians the ability to treat superficial lesions– from basal cell carcinoma and squamous cell carcinoma to keloid scars and dermatological conditions such as psoriasis- and the full range of non-melanoma skin cancer cases with optimum dose control.

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Table of contents overview -

1. Global Keloid Treatment Market Methodology and Scope
2. Global Keloid Treatment Market – Market Definition and Overview
3. Global Keloid Treatment Market – Executive Summary
4. Global Keloid Treatment Market – Market Dynamics
5. Global Keloid Treatment Market – Industry Analysis
6. Global Keloid Treatment Market – By Treatment Type
7. Global Keloid Treatment Market – By Distribution Channel
8. Global Keloid Treatment Market – By Region
9. Global Keloid Treatment Market – Competitive Landscape
10. Company Profiles
11. Global Keloid Treatment Market – Premium Insights
12. Global Keloid Treatment Market – DataM

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