Albany, NY -- (SBWire) -- 12/16/2015 --Overview of the global market hyaluronic acid products
The global market for hyaluronic acid products is primarily driven by the rapid rise in the geriatric population all over the world, resulting in increasing demand for anti-ageing processes. The raised awareness among patients about the benefits of hyaluronic acid products and soaring demand for minimally invasive surgeries are also adding to the growth of this market.
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Product-wise, the five-injection cycle market dominates the global market hyaluronic acid products industry at present. However, the single-injection market segment is reporting the highest growth rate during the forecast period.
By application, the market for dermal fillers leads the worldwide hyaluronic acid products market and is followed by the markets for osteoarthritis and vesicoureteral reflux. The application of hyaluronic acid products for vesicoureteral reflux is reporting the highest growth rate and is rising at a CAGR of 12.0% over the period of 2013-2019.
Regionally, the hyaluronic acid products market in North America accounts for the largest share in the global market and is followed by the market in Europe. Further, the market in Asia Pacific is identified as the most attractive hyaluronic acid products market over the forecast period.
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Companies mentioned in the research report
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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North America Is the Largest Hyaluronic Acid Products Market Owing to High Product Demand
The major factors driving this market are increasing geriatric population globally, high awareness about anti-aging procedures, patient’s preference for the treatment with minimum side-effects and rising demand for minimally invasive surgical procedures.