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Global Hyaluronic Acid (HA) Raw Material Market worth USD 7.25 Billion by 2024

04-20-2017 11:41 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Orbis Research

Orbis Research

Orbis Research

The global hyaluronic acid raw material market is expected to reach a value of USD 7.25 billion by 2024, according to a new report by Grand View Research, Inc. The increasing use of hyaluronic acid in various medical applications, such as osteoarthritis, wound healing, postoperative adhesion, tympanic membrane repair, tumor diagnosis, fracture healing, and soft tissue repair is expected to fuel the market growth over the forecast period.

Browse the report: http://www.orbisresearch.com/reports/index/hyaluronic-acid-ha-raw-material-market-analysis-by-application-ophthalmology-orthopedics-dermatology-drug-delivery-medical-devices-coating-biomaterials-and-implants-tissue-preservation-and-segment-forecasts-2013-2024

The orthopedics segment dominated the overall market in 2015 with the highest revenue generation. The increasing geriatric population base, rising incidence of osteoarthritis, and growing adoption of viscosupplements in the treatments contribute to the large market share of this segment. Furthermore, the drug delivery segment is projected to be the fastest growing over the forecast period with a significantly higher CAGR. The increasing R&D activities focusing on targeted drug delivery systems and growing usage of hyaluronic acid in anti-cancer drug delivery is expected to contribute to the market growth.

The increasing women population of age 35 to 65 years across the globe engenders a greater demand for anti-aging cosmetic and aesthetic treatments. Owing to the distinctive viscoelastic and moisturizing properties coupled with lower toxicity levels offered by hyaluronic acid-based products, the demand for this polymer in dermal fillers as well as in the treatment of vesicoureteral reflux is expected to experience growth. Thus, it is anticipated that the need for such products will serve as a high impact driver for the hyaluronic acid products over the forecast period. Based on the statistics of the International Society of Aesthetic Plastic Surgery in 2014, there were approximately 20 million cosmetic procedures performed globally, of which nearly 13.5% of the procedures were HA-based non-surgical procedures.

Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/267509

Some of the top countries recording a majority of the aesthetic treatments in 2014 were the U.S., Brazil, Japan, South Korea, Mexico, Germany, France, and Colombia. Medical tourism for cosmetic surgery in the U.S. plays a very important role in aiding the uptake of HA-based products and procedures, which is expected to drive the market in the coming few years.

Further Key Findings From the Study Suggest:

In 2015, orthopedics was the largest application segment, owing to rising prevalence and incidence of osteoarthritis.

Buy the report@http://www.orbisresearch.com/contact/purchase/267509

The introduction of FDA-approved hyaluronic acid-based viscosupplements such as ORTHOVISC and MONOVISC is expected to boost usage over the next 8 years.

Some of the key market players are Salix Pharmaceuticals; ALLERGAN; Lifecore Biomedical, LLC; Shiseido Co., Ltd.; Anika Therapeutics, Inc.; Smith & Nephew; Maruha Nichiro Corporation; Ferring B.V.; SEIKAGAKU CORPORATION; Genzyme Corporation; F. Hoffmann-La Roche Ltd., Contipro a.s.; Zimmer Biomet; and others.

Major Points From Table Of Contents:

Chapter One: Research Methodology
Chapter Two: Executive Summary
Chapter Three: Hyaluronic acid raw material Market Variables, Trends & Scope
Chapter Four: Hyaluronic acid raw material: Application Estimates & Trend Analysis
Chapter Five: Hyaluronic acid raw material: Regional Estimates & Trend Analysis, by Application
Chapter Six: Competitive Landscape
Chapter Seven: Raw Material Suppliers Competitive Landscape

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Information:

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Phone No.: +1 (214) 884-6817; +9164101019
Email: sales@orbisresearch.com

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