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US Keloid Treatment Market Research Report: By Product (Elastic Wraps, Ointment), By Treatment (Radiation Therapy, Cry Therapy, Surgical Treatment, Laser Treatment, Interferon) and By End User (Hospitals, Others) - Forecast to 2035


ID: MRFR/Pharma/16796-US | 100 Pages | Author: MRFR Research Team| December 2023

US Keloid Treatment Market Research Report: By Product (Elastic Wraps, Ointment), By Treatment (Radiation Therapy, Cry Therapy, Surgical Treatment, Laser Treatment, Interferon) and By End User (Hospitals, Others) - Forecast to 2035.


US Keloid Treatment Market Overview:


As per MRFR analysis, the US Keloid Treatment Market Size was estimated at 281.77 (USD Million) in 2023. The US Keloid Treatment Market Industry is expected to grow from 291(USD Million) in 2024 to 428 (USD Million) by 2035. The US Keloid Treatment Market CAGR (growth rate) is expected to be around 3.57% during the forecast period (2025 - 2035).


Key US Keloid Treatment Market Trends Highlighted


The US Keloid Treatment Market is seeing notable trends driven by increased awareness of skin conditions, supported by healthcare initiatives aimed at educating the population about keloids. These growth factors include advancements in treatment options, such as laser therapy, corticosteroids, and surgical interventions, which are gaining traction among healthcare providers and patients alike. Moreover, the rising prevalence of keloid formation, particularly among individuals with darker skin tones, emphasizes the need for effective treatment options, contributing to the market's expansion. The dermatology sector in the US is experiencing technological improvements, with a focus on non-invasive procedures that offer patients less downtime and fewer side effects.Additionally, the development of new formulations for topical treatments is creating new opportunities for market players. These innovations are not only enhancing treatment effectiveness but also fostering a patient-centric approach, which is becoming increasingly important in the US healthcare landscape. Another trend is the shift toward personalized medicine, with treatments being tailored to individual patient needs. This approach is promoting engagement between providers and patients, allowing for better management of the condition. Furthermore, as patients increasingly seek alternatives to traditional therapies, the rise of complementary and alternative medicine presents an opportunity for practitioners to explore diverse treatment pathways. Regulatory support for new treatments, research funding, and clinical trials focusing on keloid management is also gaining prominence, driving innovation and improving patient access to effective therapies within the US. Overall, these trends reflect a dynamic landscape in the US Keloid Treatment Market, highlighting the commitment to better patient outcomes and increased treatment options.

US Keloid Treatment Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Keloid Treatment Market Drivers

Rising Incidence of Keloids in the US


The US Keloid Treatment Market Industry is primarily driven by the increasing prevalence of keloids among the population. According to the American Academy of Dermatology, keloids affect approximately 10 to 15 percent of the population, with this figure showing a noticeable rise over recent years, particularly among individuals with darker skin tones. This demographic trend significantly impacts the market as keloid treatments become increasingly sought after.Furthermore, the National Institutes of Health has noted that the incidence of keloids is expected to rise due to factors such as an increase in surgical procedures and trauma-related skin injuries, which are contributing factors to keloid formation. Given the expected growth of the population in the US, this presents a substantial and growing market opportunity. By addressing the rising need for effective keloid management solutions, companies involved in the US Keloid Treatment Market Industry can capitalize on this demographic change, leading to enhanced market growth.


Advancements in Treatment Technologies


Technological advancements in medical treatments and devices are significantly boosting the US Keloid Treatment Market Industry. Innovations such as laser therapy, cryotherapy, and the development of advanced silicone gel products are providing patients with various methods to manage their keloids effectively. A report from the Food and Drug Administration (FDA) highlights that the approval rate for new dermatological therapies has surged by 30% over the last five years, allowing for a broader array of treatment options for patients.As a result, established companies, including Johnson & Johnson and Allergan, are actively investing in Research and Development to enhance their product lines and improve treatment efficacy. This influx of new technologies is expected to cater to the diverse needs of patients and propel market growth.


Increased Awareness and Education about Keloids


There has been a noticeable increase in public awareness regarding keloids, further fueling the growth of the US Keloid Treatment Market Industry. Government health campaigns and non-profit organizations, such as the American Society for Dermatologic Surgery, have made efforts to educate the public about keloid treatment options. According to surveys conducted by these organizations, 60% of respondents expressed an awareness of keloid treatments, indicating a marked increase in knowledge compared to previous years.Higher awareness translates to more individuals seeking treatment options, directly impacting the market's growth trajectory. As education initiatives continue, it is anticipated that more patients will pursue professional treatment, driving demand within the US Keloid Treatment Market.

US Keloid Treatment Market Segment Insights:

Keloid Treatment Market Product Insights



The US Keloid Treatment Market is characterized by a diverse range of products aimed at managing and treating keloids effectively, with notable emphasis on Elastic Wraps and Ointments. Elastic Wraps play a crucial role in the treatment process by providing support and pressure, which can help flatten keloids over time. This mechanism is particularly valued for its non-invasive nature, making it accessible to a wide demographic seeking options outside of surgical interventions. Moreover, the effectiveness of Elastic Wraps is often complemented by the integration of advanced materials that enhance comfort and wearability, contributing to patient adherence to treatment protocols.Ointments, on the other hand, are essential in the field of topical keloid treatments, often formulated with ingredients designed to soften and flatten keloids while minimizing irritation. These products frequently include silicone-based formulations, which have been shown through various studies to be effective in reducing the overall size and appearance of keloids. The popularity of Ointments is further driven by their ease of application and the ability to incorporate them into daily skin care routines, appealing to a broad audience. As the US Keloid Treatment Market continues to evolve, it reflects a growing trend towards both minimally invasive options and personalized treatment approaches. The demand for these products is supported by an increasing awareness of dermatological conditions, notably keloids, and an expanding patient base due to factors such as increased incidence of skin damage from surgical procedures or injuries. These segments contribute substantially to the overall landscape of Keloid Treatment Market, with Elastic Wraps and Ointments together holding a significant share. With continual advancements in product formulations and a focus on innovative delivery methods, these segments are likely to attract further investment and research, optimizing treatments for patients experiencing keloids. Consequently, the insights derived from the segmentation in the US Keloid Treatment Market highlight the importance of Elastic Wraps and Ointments as vital components, reflecting ongoing trends and consumer preferences within the industry. As the market continues to develop, opportunities for growth exist primarily through enhancing the efficacy and comfort of these products, thereby improving patient outcomes and satisfaction.


US Keloid Treatment Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Keloid Treatment Market Treatment Insights



The Treatment segment of the US Keloid Treatment Market offers a diverse range of options to cater to the varying needs of patients. Radiation Therapy has become increasingly recognized for its efficacy in reducing the recurrence of keloids post-surgery, making it significant in treatment protocols. Cry Therapy is also beneficial due to its minimally invasive nature and effectiveness at shrinking keloids, thus appealing to patients seeking less intrusive options. Surgical Treatment remains a mainstay, particularly in severe cases, where complete excision is necessary.Meanwhile, Laser Treatment has gained traction for its ability to diminish the appearance of keloids without significant downtime, which is advantageous for cosmetic purposes. Interferon has emerged as an alternative treatment due to its immunomodulatory effects, offering hope to patients who do not respond to conventional therapies. Overall, each of these treatments plays a critical role in addressing keloids, resulting in ongoing market growth driven by innovation and the need for personalized care solutions. As public awareness grows and the landscape of treatment options expands, there are considerable opportunities for advancements and improved patient outcomes.

Keloid Treatment Market End User Insights



The US Keloid Treatment Market is primarily driven by various end users, with hospitals playing a crucial role in delivering specialized care for patients suffering from keloids. Hospitals are equipped with advanced technologies and trained professionals, making them significant contributors to the market. They provide various treatment options, ranging from surgical procedures to non-invasive therapies, ensuring that patients receive personalized treatment plans based on the severity of their keloids. Additionally, hospitals often lead in the implementation of Research and Development initiatives, fostering innovation in treatment methods which further propels market growth. On the other hand, the "Others" segment includes outpatient clinics, dermatology practices, and aesthetic centers, which offer alternative treatment options for patients seeking relief from keloids. While these facilities may not be as expansive as hospitals, they cater to a growing consumer base focused on less invasive treatments and cosmetic solutions. The diversification of treatment venues reflects the changing preferences of patients towards quick, accessible, and effective care. The collective performance of these end users is vital for the US Keloid Treatment Market growth, as trends shift towards personalized medicine and non-invasive aesthetic procedures, responding to the increasing demand for effective keloid management solutions.

US Keloid Treatment Market Key Players and Competitive Insights:


The US keloid treatment market is characterized by a dynamic landscape where various companies compete to offer innovative treatment solutions for this condition, which is marked by the excessive growth of scar tissue following an injury or surgery. With an increasing prevalence of keloids and a growing awareness among patients regarding available therapies, the market has become a focal point for pharmaceutical and dermatological companies. There is a mixture of established players with strong portfolios and new entrants aiming to capture a share of this niche market. As a result, companies are investing in research and development to produce effective treatments while also focusing on strategic partnerships and collaborations to enhance their market presence. The diverse approaches to treatment, ranging from surgical interventions to pharmacological therapies, create a competitive environment where differentiation is crucial for success.Bristol Myers Squibb has positioned itself as a notable participant in the US keloid treatment market through its commitment to innovation and strong emphasis on research. The company leverages its existing strengths in pharmaceuticals to explore and develop viable treatment options for keloids. Bristol Myers Squibb benefits from its well-established reputation in the broader dermatology and oncology sectors, which provides a platform for potential integration of keloid treatments into its product lineup. The company’s focus on patient-centered care and its portfolio of clinical trials related to skin conditions enable it to maintain competitive advantages in the market, fostering credibility among healthcare professionals and patients alike.Valeant Pharmaceuticals, now known as Bausch Health Companies Inc., has a significant presence in the US keloid treatment market through its established dermatological products. The company offers a range of treatment options aimed at managing keloids, including topical therapies and injectables. Some of the key products in their arsenal have been designed to target the inflammatory processes involved in keloid formation, and they are built upon a foundation of considerable clinical research. Valeant Pharmaceuticals excels in its marketing strategies and distribution networks, which allow for widespread product availability, assisting in its outreach to healthcare providers. The company's previous mergers and acquisitions have strengthened its portfolio and expanded its capabilities in dermatological treatments, further enhancing its competitive standing within the US keloid treatment landscape. With a focus on continuous innovation and an inclination towards strategic collaborations, Valeant Pharmaceuticals remains a formidable player in addressing the needs of keloid patients across the United States.


Key Companies in the US Keloid Treatment Market Include:

Bristol Myers Squibb


Valeant Pharmaceuticals


Eli Lilly


Acelity


Revance Therapeutics


Sientra


Merz North America


Pfizer


Celgene Corporation


Amgen


Avita Medical


Galderma


Sanofi


Johnson and Johnson


Mylan


US Keloid Treatment Market Industry Developments


Recent developments in the US Keloid Treatment Market include an increased focus on innovative therapeutic approaches, with companies like Pfizer and Bristol Myers Squibb enhancing their Research and Development efforts in biologics and gene therapies aimed at keloid management. The market is witnessing notable growth as annual revenue for keloid treatments is projected to exceed $1 billion by 2025, reflecting heightened demand for effective options. In September 2023, Acelity announced a strategic collaboration with Revance Therapeutics to enhance their keloid treatment portfolio, focusing on advanced topical therapies. Merz North America has also expanded its offerings in this space, addressing the need for non-invasive solutions. Over the past two years, Johnson and Johnson have been involved in extensive clinical trials for their keloid treatment products, with results expected to further bolster their market position. Despite the ongoing challenges due to regulatory pathways, with increasing patient advocacy, companies are adapting their strategies. The keloid treatment market landscape continues to evolve with promising advancements aimed at targeting the underlying mechanisms of keloid formation, stimulating further investment and innovation across the industry, especially from leaders like Eli Lilly and Galderma.


US Keloid Treatment Market Segmentation Insights

Keloid Treatment Market Product Outlook


Elastic Wraps


Ointment

Keloid Treatment Market Treatment Outlook


Radiation Therapy


Cry Therapy


Surgical Treatment


Laser Treatment


Interferon

Keloid Treatment Market End User Outlook


Hospitals


Others

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 281.77(USD Million)
MARKET SIZE 2024 291.0(USD Million)
MARKET SIZE 2035 428.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 3.57% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Million
KEY COMPANIES PROFILED Bristol Myers Squibb, Valeant Pharmaceuticals, Eli Lilly, Acelity, Revance Therapeutics, Sientra, Merz North America, Pfizer, Celgene Corporation, Amgen, Avita Medical, Galderma, Sanofi, Johnson and Johnson, Mylan
SEGMENTS COVERED Product, Treatment, End User
KEY MARKET OPPORTUNITIES Advanced non-invasive therapies, Innovative combination treatments, Increased awareness campaigns, Personalized medicine approaches, Expanded dermatologist training programs
KEY MARKET DYNAMICS Increasing prevalence of keloids, Rising awareness of treatment options, Advancements in treatment technologies, High demand for aesthetic procedures, Growing geriatric population
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Keloid Treatment Market is expected to be valued at 291.0 million USD in 2024.

By 2035, the US Keloid Treatment Market is projected to reach a value of 428.0 million USD.

The expected CAGR for the US Keloid Treatment Market from 2025 to 2035 is 3.57%.

In 2024, the Ointment segment is expected to have the largest market value at 171.0 million USD.

The Elastic Wraps segment is forecasted to reach a market value of 180.0 million USD by 2035.

Major players in the US Keloid Treatment Market include Bristol Myers Squibb, Valeant Pharmaceuticals, and Eli Lilly, among others.

Challenges in the market include high treatment costs and varying effective outcomes among patients.

The increasing prevalence of keloids and the growing demand for effective treatments are key growth drivers.

Emerging trends include the development of advanced topical treatments and minimally invasive procedures.

The competitive landscape is evolving with continuous innovation and strategic collaborations among major players.

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