Press release
Hyaluronic Acid Market Predicted to Reach USD 11.71 billion by 2022, Growing at a CAGR of 8.20% from 2018 to 2022
Hyaluronic Acid Market
Hyaluronic Acid Market: Industry Trend Analysis
The global hyaluronic acids market was evaluated around USD 5.32 billion in the 2012 and is expected to reach approximately USD 11.71 billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 8.20% over the forecast period. Rising utilization of hyaluronic acid for treating mouth sores, aging skin, and dry eyes is anticipated to impact the growth of the global market positively over the projected period. The elevated growth is expected owing to rising number of people preferring the cosmetic nonsurgical procedures, encouraging reimbursement policies and also increasing the geriatric population. Growing awareness regarding health and shifting beauty measures have contributed to rising demand for aesthetics and cosmetics procedures.
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Hyaluronic Acid Market: Competitive Outlook and Trend Analysis
The market players for the global Hyaluronic acid market are Sanofi (Genzyme), Allergan, Inc., Salix Pharmaceuticals, Galderma S.A., Seikagaku Corporation, Smith & Nephew Plc, Zimmer Holdings, Inc., F. Hoffmann-La Roche Ltd., Ferring Pharmaceuticals, Inc., and Anika Therapeutics, Inc.
The forceful acquisitions done by Valeant Pharmaceuticals in the last couple of years have boosted the shares. Valeant acquired Salix Pharmaceuticals Ltd. in 2015 and an eye care products’ company named as Bausch + Lomb Holdings Inc., earlier in 2013. Furthermore, market participants like Actavis, Rayner, and Galderma have acquired companies to expand their product range and strike into the unfulfilled requirements of the customers.
The global hyaluronic acid market is segmented as follows:
Hyaluronic Acid Market By Product:
Single injection
Three injection
Five injection
Hyaluronic Acid Market By Application:
Dermal fillers
Osteoarthritis
Ophthalmic
Vesicoureteral reflux
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Hyaluronic Acid Market Major Table of Contents:
Chapter1. Introduction
Chapter2. Executive Summary
Chapter3. Market Overview
Chapter4. Hyaluronic Acid Market, By Product
Chapter5. Hyaluronic Acid Market, By Application
Chapter6. Hyaluronic Acid Market, By Region
...CONTINUED FOR TOC
Hyaluronic Acid Market: Regional Outlook
North American regional market reported for the highest revenue share of around 40% in 2015. The United States is the most vital market and reports for most of the North American market share. The regional population is more aware regarding aging and is ready to implement new therapeutics methods. Asia Pacific regional market is anticipated to come out as the highest growing region during the forecast years. Japan is amongst the highest contributors to the Asia Pacific regional market revenue, due to its huge aged population and rising awareness among the population about esthetics.
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