A detailed analysis of the Global Keloid Market 2023 is provided, including global, regional, and country-level market sizes, segmentation market growth, market share, competitive landscape, sales analysis, impact of domestic and global Keloid Market players, value chain optimization, trade regulations, recent developments, strategic market growth analyses, product launches, expanding the area market, and technological advances.
An analysis of Keloid's growth rate, market share, market size, current and emerging trends, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players is provided in the report, which has been segmented into key regions globally. This report provides a country-by-country analysis of the Keloid market to give a clearer picture of its regional distribution and growth.
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Market Overview:
In 2021, the global keloid market experienced significant growth, and it is expected to maintain an exponential compound annual growth rate (CAGR) during the forecast period. This growth is primarily attributed to the high incidence rate of keloids. Keloids can affect individuals of all races except albinos, but they have been observed to be more prevalent in dark-skinned people, with an incidence rate ranging from 6% to 16% in the African population, affecting both men and women equally. Furthermore, the market is being driven by the increasing awareness of available skincare products, advancements in technology that have facilitated the introduction of skincare products into the market, the adoption of advanced therapies in hospitals, heightened appearance concerns among females, and an increase in spending on skincare products.
Keloids are characterized by solid, large, raised scars that develop in response to skin injuries. They represent a condition in which the body's healing process continues excessively, resulting in an overproduction of scar tissue. Keloids extend beyond the boundaries of the original injury and into the surrounding healthy skin. They are distinct from hypertrophic scars, which are also raised but remain confined within the boundaries of the injured skin. Keloids are a type of skin lesion that can emerge following various types of skin injuries, including surgeries, piercings, burns, acne, and vaccinations. Keloid formation is most commonly observed on the chest, shoulders, back, and ears, and they often have an unsightly appearance. Some patients may experience itching, irritation, and/or tenderness when these keloids are touched.
Key Players covered in this report are
- RXi Pharmaceuticals
- Novartis AG
- Revitol Corporation Inc.
- GlaxoSmithKline plc.
- Bristol-Myers Squibb Company
- Renovo Group plc.
- Bausch Health Companies Inc.
- Galena Biopharma, Inc.
- Avita Medical.
- Smith Nephew PLC.
- Enaltus, LLC.
- Merz, Inc.
- Lumenis
- Sonoma Pharmaceuticals
Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Elastic wraps
- Sprays
- Ointment
- Creams
- Oils
- Topical gels
- Gel sheets
- Others
Route of administration Outlook (Revenue, USD Billion; 20219-2030)
- Oral
- Topical
- Parenteral route
- Intralesional
Therapy Outlook (Revenue, USD Billion; 2019-2030)
- Corticosteroids
- Cryo therapy
- Steroid Injections
- Interferon
- Silicone gel
- Ligature treatment
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East Africa
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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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