Albany, NY -- (SBWIRE) -- 10/18/2016 -- The report entitled Global Hyaluronic Acid (HA) Raw Material Market: Size, Trends & Forecasts (2016-2020), provides analysis of the global HA raw material market, with detailed analysis of market size and growth, penetration, market share and economic impact of the industry. The report also provides the analysis of the global hyaluronic acid market, by value and by segments.
Furthermore, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global HA raw material market has also been forecasted for the years 2016-2020, taking into consideration the previous growth pattern, the growth drivers and the current and future trends.
Bloomage Biotechnology Corporation, Allergan Plc and Valeant Pharmaceutical are some of the key companies directly or indirectly involved in hyaluronic acid raw material. The company profiling of these companies has been done in the report, which includes business overview, financial overview and respective business strategies of the companies.
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- Bloomage Biotechnology Corporation
- Allergan Plc
- Valeant Pharmaceutical
Hyaluronic acid is found in many parts of the human body and in animals. It is a naturally occurring substance and is found in eyes, joints, skin and rooster combs. Hyaluronic acid is also called Hyaluronan, Hyaluronate or HA.
The first hyaluronan biomedical product, Healon, was developed in the 1970s and 1980s by Pharmacia, and is approved for use in eye surgery. There are many uses of hyaluronic acid, such as in cancer, wound repair, skin management, cosmetic use, medical use, inflammation and others.
The hyaluronic acid raw material can be segmented on the basis of application and source. On the basis of application, the HA raw material can be divided into pharmaceutical segment, cosmetic segment and food segment. On the basis of source, the HA raw material can be divided into animal based source and non-animal based source.
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The global hyaluronic acid raw material market is expected to increase at a significant growth rate during the forecasted period (2016-2020). The global hyaluronic acid raw material market is supported by various growth drivers, such as increase in the global healthcare products market, rising medical aesthetic procedures worldwide, increasing global obese population, aging population, etc. Yet, the market faces certain challenges, such as, less knowledge on long term effectiveness, side-effects of oral dose of HA, topical use of HA, etc.
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