Hyaluronidase Market Size, Share, Growth, Research and Forecast 2020-2026
A full report of Global Hyaluronidase Market is available at: https://www.omrglobal.com/industry-reports/hyaluronidase-market
With the rising trend for cosmetic procedures, the demand for advanced cosmetic surgeries is increasing across the globe. This includes the inclination of people towards minimally invasive cosmetic surgical procedures. These surgeries are mainly practiced in developed economies, such as the US, UK, and Germany. As per the American Society of Plastic Surgeons (ASPS), a number of cosmetic procedures are continuously growing as there were around 17.7 million cosmetic procedures performed in the US including both, surgical and minimally invasive procedures in 2018, which is increased by 2% as compared to 2017. However, these procedures are gradually taking place in emerging economies, such as India.
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The majority of the surgical procedures include the use of hyaluronic acid. Among the top five non-surgical procedures in 2018, the second highest surgical procedures include the use of hyaluronic acid, as per the American Society for Aesthetic Plastic Surgery. The hyaluronic acid fillers including Juvederm and Restylane products are a renowned non-surgical option that provides temporary lip enhancement at an affordable cost. In addition, the hyaluronic acid injections projected a growth rate of 58% since 2014, as estimated in 2018, as per the American Society for Aesthetic Plastic Surgery. Such rise in the number of aesthetic procedures that involves hyaluronic acid is expected to drive the global hyaluronidase market during the forecast period.
Moreover, the growing minimally invasive procedure has significantly increased the number of cosmetic procedures globally, as the minimally invasive procedure offers faster recovery and better cosmetic results, which in turn, is offering growth to the hyaluronidase market across the globe. Hyaluronic acid is particularly developed for minimally invasive cosmetic procedures, including breast enhancement and facial tissue augmentation. In addition, these cosmetic minimally invasive procedures include soft tissue fillers, chemical peel, laser hair removal, and microdermabrasion procedure. These procedures are further expected to increase in the near future, with the rising concern in the public in developed and emerging economies regarding aesthetics. Moreover, the increasing medical tourism will further propel the hyaluronidase market in the emerging economies, such as India and China.
Global Hyaluronidase Market-Segmentation
• Animal-derived Hyaluronidase
• Synthetic Hyaluronidase
• Others (In Vitro Fertilization)
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Global Hyaluronidase Market– Segment by Region
• United States
• United Kingdom
• Rest of Europe
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
• ALTEOGEN Inc.
• Amphastar Pharmaceuticals, Inc.
• Bausch Health Companies Inc.
• Fox Group International
• Gynemed GmbH & Co. KG
• Halozyme, Inc.
• Janssen Biotech, Inc.
• Kitazato Corp.
• Merck KGaA
• Shreya Life Sciences Pvt. Ltd.
• STEMCELL Technologies Inc.
• Takeda Pharmaceutical Co. Ltd.
• The Cooper Companies Inc.
• Tokyo Chemical Industry Co., Ltd.
• Vitrolife Sweden AB
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