Hyaluronic Acid Market is expected to reach USD 16,313.95 million by 2030

Data Bridge Market Research analyzes that the global hyaluronic acid market is expected to grow with a CAGR of 8.3% in the forecast period of 2023 to 2030 and is expected to reach USD 16,313.95 million by 2030.

Hyaluronic acid is used primarily in beauty and skin care products. It provides speedy recovery to wounds, reduces face lines, wrinkles, and skin aging, and heals cuts and burns among others. It contains vitamin C for brightening skin tone. Beauty products containing hyaluronic acid give nourishment to the skin when applied in the form of moisturizers, creams, skin toners, and serums among others.

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DRIVERS

Increasing Awareness Towards Cosmetic Injectables or Dermal Fillers
Hyaluronic acid-based dermal fillers are the less invasive cosmetic processes. Dermatology problems are common across the globe. It has become a major concern to understand the products to treat skin-related problems and restore skin wrinkles. Various programs have been launched to create awareness about the proper use of hyaluronic acid injectables.

The increased consciousness will enable the consumers to opt for the correct treatment of acne and wrinkles and to select the right product (Botox injection, dermal fillers) as per the correct cause. This will lead to a rise in sales, a rise in the product portfolio, and an expansion of the product line. This factor is expected to propel the market growth.

Use of Invasive Hyaluronic Acid Based Dermal Fillers
Hyaluronic acid-based dermal fillers are less invasive cosmetic processes, which are promptly increasing across the globe. These are popular cosmetic procedures for facial renovation, face volume restoration, and aesthetic improvement.

They are quite versatile and they are used on fine lines and wrinkles. In addition, these are also used for treating acne, wrinkles, and scars and for lip, cheek, and chin augmentation. The rise in the geriatric population has uplifted the necessity of non-invasive surgical protocols.

The implementation of hyaluronic acid-based dermal fillers will reduce the chances to opt for normal surgery. There is a minimum cost of treatment and this factor will boost the market growth.

Hyaluronic Acid Market Scope
Grade

Cosmetic Grade
Pharmaceutical Grade
Based on grade, the market is segmented into cosmetic grade and pharmaceutical grade.

Type

Hydrolyzed Hyaluronic Acid
Sodium Acetylated Hyaluronic Acid
Sodium Hyaluronate
Based on type, the market is segmented into hydrolyzed hyaluronic acid, sodium acetylated hyaluronic acid, and sodium hyaluronate.

Application

Aesthetics
Osteoarthritis
Pharmaceutical API
Cosmetics
Ophthalmology
Others

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