A detailed analysis of the Global Hypertrophic Keloid Scar Treatment 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 Hypertrophic Keloid Scar Treatment Market players, value chain optimization, trade regulations, recent developments, strategic market growth analyses, product launches, expanding the area market, and technological advances.
The global hypertrophic Keloid scar treatment market size was USD 7.48 Billion in 2022 and is expected to reach USD 17.64 Billion in 2032, and register a revenue CAGR of 10% during the forecast period. The prevalence of hypertrophic and keloid scars, rising use of combination therapies for scar treatment, and rising demand for minimally invasive procedures are major factors driving the market revenue growth. Hypertrophic scars or keloid are frequently the result of wounds, burns, operations, or acne. There is a growing need for efficient treatment options because these scars can significantly affect the quality of life and self-esteem of an individual.
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Market Overview:
In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.
Key Players covered in this report are
- Smith & Nephew
- Mölnlycke Health Care
- ScarHeal
- Biodermis, Inc.
- SONOMA Pharmaceuticals, Inc.
- Stratpharma AG
- CICA-CARE
- Rohto Pharmaceutical Co., Ltd.
- Quantum Health
- Rejuvaskin
- Verdure Sciences, Inc.
Based on TreatmentType market is segmented into:
- Surgical
- Non-Surgical
Based on End use market is segmented into:
- Hospitals
- Clinics
- Homecare
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Strategic Development:
- In 2021, Smith & Nephew announced the launch of its new advanced wound care solution called PICO 7Y. This device is designed to manage post-operative wounds, including hypertrophic keloid scars. The device uses a controlled negative pressure technology to remove excess fluid and promote wound healing.
- In 2020, Biodermis, Inc. launched its new product called Pro-Sil, a topical silicone gel for the treatment of hypertrophic keloid scars. The product is easy to apply and provides a protective barrier over the scar while helping to reduce its size and appearance.
- In 2020, SONOMA Pharmaceuticals, Inc. announced the launch of its new product called MicrocynAH Wound and Skin Care Hydrogel. This product is designed for the treatment of various skin conditions, including hypertrophic keloid scars. The hydrogel helps to soothe the skin and promote healing while reducing the appearance of scars.
- In 2020, Stratpharma AG announced the launch of its new product called Strataderm, a topical silicone gel for the treatment of hypertrophic keloid scars. The product is easy to apply and provides a protective barrier over the scar while helping to reduce its size and appearance.
- In 2019, Mölnlycke Health Care announced the launch of its new product called Mepiform, a self-adherent, thin and discreet silicone dressing designed for the treatment of hypertrophic keloid scars. The product helps to reduce the size and appearance of scars while providing a comfortable and secure fit.
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