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Hyaluronic Acid Products Market to Rise at a CAGR of 9.2% Between 2013 and 2019

05-08-2018 01:39 PM CET | Health & Medicine

Press release from: Transparency Market Research

Hyaluronic Acid Products Market to Rise at a CAGR of 9.2% Between

The global hyaluronic acid products market was recorded at US$5.32 bn in 2012. Owing to a few high-impact drivers, this market is expected to reach US$9.85 bn by the end of 2019, progressing at a CAGR of 9.2% within a forecast period from 2013 to 2019. The statistical and factual data is presented in a research report published by leading market intelligence agency, Transparency Market Research. The report, “Hyaluronic Acid Products Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” provides concise details on the why this market is behaving the way it is, and how it can be expected to fare in the near future.

Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2033

Hyaluronic acid was discovered in the 1930s, after which it remained classified as a ubiquitous substance produced in our bodies for a long time. Biological fields evolved and slowly started finding out the purposes that hyaluronic acid can fulfil. Currently it finds use in a large number of fields, ranging from being used in cancer tumor markers to skin healing.

The primary driver attributed to the high CAGR of the global hyaluronic acid products market is the high demand for anti-ageing beauty products. Other factors that are boosting this market’s growth rate are the increasing percentage of the geriatric demographic, the rapidly climbing demand for surgical procedures that are minimally invasive, and a steadily growing awareness among consumers of the negative qualities of other chemicals and their side-effects. The report divides the global hyaluronic acid products market on the basis of products, applications, and geography.

In terms of products, the global hyaluronic acid products market is divided into five-injection cycle, single-injection cycle, and three-injection cycle. The report predicts three-injection and single-injection cycles will show the fastest rate of growth from 2013 to 2019. This conclusion is attributed to several statistical analyses, along with the key observation that patients are increasingly preferring treatments that last for shorter durations. Shorter duration treatments of hyaluronic acid products reduce the overall cost incurred, while also reducing the time a patient has to suffer from its side-effects such as itchy skin, inflammation, and redness.

Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2033

In terms of applications, the global hyaluronic acid products market is divided in osteoarthritis, dermal fillers, vesicoureteral reflux, and ophthalmic surgery. The market was led by dermal fillers in 2012, while the future of the market will be largely influenced by a growing scope of use of hyaluronic acid products in vesicoureteral reflux treatment. This segment is expanding at a CAGR of 12% within the report’s given forecast period. Key factors responsible for this segment’s surge are the increasing demand for non-invasive treatments, the growing number of the elderly, and a growing demand for beauty enhancement solutions.

Regionally, the report speaks of the four major regions of North America, Europe, Asia Pacific, and the Rest of the World. North America led this market in 2012, owing to a higher rate of awareness and a greater access and ability to opt for premium hyaluronic acid products. Europe was the second-largest region at the time. Rapid economic development and a higher market penetration of beauty products are expected to increase the growth rate of the global hyaluronic acid products market in Asia Pacific and the Rest of the World.

The key players in the global hyaluronic acid products market are Ferring Pharmaceuticals, Inc., Merz Aesthetics, Inc., F. Hoffmann-La Roche Ltd., Smith & Nephew plc., Seikagaku Corporation, Allegran Inc., Zimmer Holdings, Inc., and Alcon, Inc.

Report Overview @ https://www.transparencymarketresearch.com/hyaluronic-acid-products-market.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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