The study covers the basic overview of the hyaluronic acid market such as introduction, classification, and supply chain among others. In addition, to understand the competitiveness of the market porter’s five force analysis is also included.
The study provides a decisive view of the hyaluronic acid market by segmenting it based on regional demand, product type and applications. Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, and RoW. These have been further sub-segmented into countries relevance to the market. By product types it includes single injection, three Injection and five injection. Based on applications the market is segmented by vesicoureteral reflux, dermal fillers, adhesive prevention and osteoarthritis.
This study also covers the factors driving and restraining the market dynamics with their impact during the forecast period. To provide a comprehensive view of the market the study includes profiling of key player such as Allergan Inc., Seikagaku, Ferring Pharmaceuticals, Sanofi Inc., Anika Therapeutics Inc., AstraZeneca, and Ferring Pharmaceuticals among others.
Purpose of the Report
The purpose of this strategic research study titled “Global Hyaluronic Acid Market” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global hyaluronic acid market.
Target Audience
USP and Key Offerings
This report analyses the worldwide markets for hyaluronic acid in USD billion by the following application type’s such as vesicoureteral reflux, dermal fillers, adhesive prevention and osteoarthritis. The study also includes analysis based on product type such as single, three and five injections. The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific and Rest of World (RoW). Annual estimates and forecasts are provided for the period 2014 through 2023 and market growth rate is calculated from 2015 to 2023. Market data and analytics are derived from primary and secondary research. We have considered demand side approach of the market. Competitive analysis is primarily based on public domain information including company URLs and company annual report.
Other in-depth analyses provided in the report include:
Overall, the research study provides a holistic view of the global hyaluronic acid market, of growth offering market size and estimates for the period from 2015 to 2023, keeping in mind the above mentioned factors.
The product type segments covered in the study include single, three and five injections. Five injections is the largest application segment for hyaluronic acid. It accounted for 40% share of the market in 2014 in terms of revenue. The market is mainly driven by high usage associated with it.
Single injection segment is projected to be the highest growth segment of the market, which is primarily driven by the benefits associated with it.
The application segments covered in the study include vesicoureteral reflux, dermal fillers, adhesive prevention and osteoarthritis. Dermal fillers is the largest application segment for hyaluronic acid. It accounted for 37% share of the market in 2014 in terms of revenue. In 2014, the consumption of hyaluronic acid in dermal filler was USD 1.16 billion.
Vesicoureteral reflux segment is projected to be the highest growth segment of the market.
North America is the largest market and accounted for 38% share of the market in 2014. The market is primarily enhanced by growing geriatric population and their treatment needs. North America is projected to maintain its dominance during the forecast period.
Asia Pacific is projected to be the fastest growing market at a CAGR of 10.1% from 2015 to 2023. Growing awareness among the population and enhancement in health care infrastructure is the major factor attributing towards the market growth. RoW is another lucrative market for hyaluronic acid.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Hyaluronic Acid market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Product
| |
Application
| |
Region Segment (2022-2032; US$ Million)
|
Key questions answered in this report