The Technological Advancement In Keloid Scar Removal Impels Keloid Treatment Market Growth
Commonly keloid scars develop in people between age group 10 to 20 years of age. There are several treatment options available for keloid scars, including laser treatment, surgery, radiation, steroid injections, cryotherapy and interferon. Moreover, there are many number of products like creams, sprays, gel sheets, ointments, elastic wraps, oils and topical gels are available in the market today to hasten the healing of keloids. The continuous growth of the keloid scar may result cancer, hence people prefer for treatment of keloid in the early stage itself. This acts like a key factor for the growth of the Keloid Treatment Market.
Several pharmaceutical and bio-pharmaceutical companies, medical centers, and universities have been conducting clinical trials for the development of drugs and treatment options for keloid scars. Rise in the appearance consciousness, increasing awareness about scar treatment products, expenditure on personal care and changing lifestyle are the prime growth drivers of Keloid Treatment Market.
However, the Keloid Treatment Market is hampered by the possible side effects of this treatment, the higher cost of treatment and risk of extreme pain and complications during treatment. But, rapid technological advancement in skin care as well as in keloid scar removal drives high growth for the market.
North America is dominating the Keloid Treatment Market, due to rapidly increasing aging population, growing disposable income, rising focus on personal well-being and modernizing health-care infrastructure. Asia-Pacific is projected to witness the fastest growth during the forecast period for the same reasons like North America. Among all the treatments, keloid surgery treatment segment has the highest market share in the market.
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