Global Hyaluronic Acid Products Market will Account for Around US$9.85 bn by 2019

Global Hyaluronic Acid Products Market to Reach US$9.85 bn by 2019, Future Opportunities lie in Asia Pacific

Hyaluronic acid, a vital component of the extracellular matrix, finds a multitude of applications ranging from drug delivery to wound healing. These wide-ranging applications will prove conducive to the growth of the global hyaluronic acid products market, leading it to post a high single-digit CAGR of 9.2% between 2013 and 2019, says Transparency Market Research in its latest report. The next few years will see a continued uptick in the demand for hyaluronic acid products with more people undergoing anti-aging and minimally-invasive procedures. TMR projects the global hyaluronic acid products market to rise from its 2012 valuation of US$5.32 bn to US$9.85 bn by 2019. These findings are further elaborated in TMR’s report titled ‘Hyaluronic Acid Products Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.

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The Global Hyaluronic Acid Products Market is segmented on the basis of expression system, product type, application, region.

Based on the product, the hyaluronic acid products market is segmented into single-injection, three-injection, and five-injection cycle. In 2012, the five-injection cycle segment lead the overall products market. However, over the years it has lost some share. The demand for hyaluronic acid molecule as single-injection cycle treatment is preferred over five-injection cycles. This is attributed to the growing demand for convenience among patients and the pressing need to avoid adverse effects that may arise after being exposed to the treatment. Shifting to a lower-duration treatment can help patients avoid symptoms such as itching, redness, and inflammation, which may be common after every dose. In the coming years, the segment will rise at the major CAGR over the forecast period.

Based on the type of application, HA injectables are segmented into ophthalmic surgery, osteoarthritis, vesicoureteral reflux (VUR), and dermal fillers. The dermal fillers market constitutes the largest segment in the hyaluronic acid products market by application, with osteoarthritis and vesicoureteral reflux (VUR) trailing. The vesicoureteral reflux (VUR) application segment is forecast to report the highest rate of growth through the report’s forecast period. The expansion of this segment can be credited to factors such as a high demand for minimally-invasive and non-invasive surgical procedures and a high aging population.

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Summary of Table of Content :

1 Introduction
2 Executive Summary
3 Market Overview
4 Global Hyaluronic Acid Products Market, by Products
5 Global Hyaluronic Acid Products Market, by Applications
6 Global Hyaluronic Acid Products Market, by Geography
7 Recommendations
8 Company Profiles

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About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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