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Share this article Share this article ResearchAndMarkets.com s offering. The global keloid treatment market is expected to reach USD 4.3 billion by 2025 and is expected to increase at a CAGR of 3.9 % during the forecasted period from 2020 to 2025. A keloid is a tough heaped-up scar that rises above the rest of the skin, generally pink or purple. Keloids have irregularly shaped scar that develops on the skin and enlarges progressively. According to the American Burn Association, in 2016, more than 40,000 hospitalizations resulted from burn injuries. This leads to increased demand for hypertrophic and keloid scar treatments. The global keloid treatment market is expected to grow due to the rapid development made by the technologically upgraded skincare products. Also, growing awareness amongst the people regarding the availability of treatment options and other products available to cure keloid is a key factor in helping the keloid treatment market growth.

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