Global Hyaluronic Acid Products Market Incredible Potential Examined in New Research Report

Global Hyaluronic Acid Products Market – Overview

Due to its significant contribution to proliferation and migration of cells, the global market for hyaluronic acid products has reported rapid expansion over the years. In 2012, the global market for hyaluronic acid products stood at US$5.32 billion and, according to the calculation of analysts at TMR, the market is rising at a CAGR of 9.2% over the period from 2013 to 2019 and is projected to reach US$9.85 billion by 2019.The report studies the global market for hyaluronic acid products on the basis of the types of products, applications, and regional markets.

Based on product types, the markets for single-injection, three-injection, and five-injection cycles are the major segments of this market, while by application, the key market segments of the global hyaluronic acid products industry are the markets for dermal fillers, osteoarthritis, ophthalmic surgery, and vesicoureteral reflux (VUR).Regionally, the hyaluronic acid products market is spread across the markets in North America, Asia Pacific, Europe, and the Rest of the World.

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Global Hyaluronic Acid Products Market Witness Most Promising Rise in Demand:

Set to grow at a promising CAGR (Compound Annual Growth rate) of 9.20 % from 2013 to 2019, the global hyaluronic acid products market is on an upward growth trajectory. It will not only help the global hyaluronic acid products market witness surfacing of new and profitable opportunities but will also help it improve upon its market worth. The market valuation, as per Transparency Market Research, will reach the value of USD 9.85 bn.

Over the forecast period, North America would dominate the global hyaluronic acid products market owing to presence of strong players, and Asia Pacific would chart significant growth owing to an improving healthcare infrastructure.

With the rising prevalence of osteoarthritis, new uses of the molecule is being researched. Hyaluronic acid products are finding promising applications for reversing skin aging by modulating skin moisture. The rising demand for cosmetic treatment for aging skin is a key factors opening up exciting venues for the hyaluronic acid products market.

The global market for hyaluronic acid products is projected to rise at a CAGR of 9.2% between 2013 and 2019. The market is estimated to reach a valuation of US$9.85 bn by the end of the forecast period.

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Asia Pacific to Present Exciting Growth Avenues

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World (RoW). Of these, North America is the leading market holding the major regional share in 2012. The North America market is followed by that of Europe.

Meanwhile, Asia Pacific is projected to provide lucrative avenues for the growth of the market during the forecast period. The growth is propelled by vast improvements in the healthcare sector in recent years. In addition, the growing popularity of minimally invasive surgeries is a key trend expected to accentuate the regional market. The RoW is also predicted to provide significant opportunities for market players to capitalize on in the coming years.

Global Hyaluronic Acid Products Market Key Players –

Alcon, Inc., Anika Therapeutics, Inc., Allergan, Inc., F. Hoffmann-La Roche Ltd., Fidia Farmaceutici SpA, Ferring Pharmaceuticals, Inc., GALDERMA S.A., LifeCore Biomedical LLC, Hyaltech Ltd., Meiji Seika Pharma Co., Ltd., Sanofi, Merz Aesthetics, Inc., Salix Pharmaceuticals, Inc., Shanghai Jingfeng Pharmaceutical Co., Ltd., Seikagaku Corp., Smith & Nephew plc., Zimmer Holdings, Inc., and TRB Chemedica Int. SA are the major players operating in the global market for hyaluronic acid products.

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