Los Angeles, CA -- (SBWIRE) -- 06/25/2019 -- Hyaluronic acid is an anionic, nonsulfated glycosaminoglycan distributed widely throughout connective, epithelial, and neural tissues. It is unique among glycosaminoglycans in that it is nonsulfated, forms in the plasma membrane instead of the Golgi apparatus, and can be very large, with its molecular weight often reaching the millions. One of the chief components of the extracellular matrix, hyaluronan contributes significantly to cell proliferation and migration, and may also be involved in the progression of some malignant tumors.
The rising popularity of minimal-invasive procedures and the cost-effectiveness of non-surgical procedures is driving the adoption of non-surgical cosmetic procedures across the globe. Technavio's research analysis on the global hyaluronic acid market identifies that this increased adoption of non-surgical cosmetic procedures will be one of the major factors that will have a positive impact on the market's growth during the next few years. Dermal fillers, chemical peels, laser treatments, microdermabrasion, and botulinum toxin are some of the major non-surgical procedures. Hyaluronic acid (HA), calcium hydroxylapatite, polyalkylimide, polylactic acid, and polymethyl-methacrylate microspheres are the major types of dermal fillers. Hyaluronic acid injection helps in the reduction of damage caused by scars, wounds, or lines. It is also used to improve the contour of the skin. This will consequently increase the demand for hyaluronic acid for cosmetic procedures, fueling market growth.
North America is witnessing considerable growth of the hyaluronic acid market due to the rising demand for treatments in the medical and cosmetic sectors. The region's healthcare sector is well advanced and there are a number of high-quality medical facilities. Consumers in this region give more importance to anti-aging treatments such as plastic surgery. This in turn, will drive the demand for hyaluronic acid (HA) in the region. Moreover, the adoption of HA will also increase with the growing instances of osteoarthritis.
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The global Hyaluronic Acid market was 6500 million US$ in 2018 and is expected to 13400 million US$ by the end of 2025, growing at a CAGR of 9.5% between 2019 and 2025.
This report studies the Hyaluronic Acid market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hyaluronic Acid in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ALLERGAN
Anika Therapeutics
Sanofi
SEIKAGAKU
Zimmer Biomet
By the product type, the market is primarily split into
Five-Injection Cycle
Single-Injection Cycle
Three-Injection Cycle
By the end users/application, this report covers the following segments
Vesicoureteral Reflux
Ophthalmic Surgery
Osteoarthritis
Dermal Fillers
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