Wilmington, Delaware, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Global Hyaluronic Acid Products Market was valued at US$ 2.9 billion in 2023 and is expected to grow at a significant CAGR of over 7.2% over the forecast period of 2023-2030, according to the latest market report by RationalStat
Market Definition, Market Scope, and Report Overview
Hyaluronic acid (HA) products are skincare and medical items that contain hyaluronic acid as an active ingredient. Hyaluronic acid is a naturally occurring chemical in the human body that is found mostly in the skin, eyes, and connective tissues.
Some of the prominent players and suppliers operating and contributing significantly to the global hyaluronic acid products market growth include BASF SE, Allergan Inc, Zimmer Inc, Koninklijke DSM N.V., Sinclair Pharma Limited, Teva Pharmaceutical Industries Ltd, Kewpie Corporation, Seikagaku Corporation, Galderma SA, Lifecore Biomedical Inc, Contipro a.s., and HTL Biotechnology, among others.
As the world's population ages, there is a greater need for goods and procedures that can address age-related issues like wrinkles, joint discomfort, and dry eyes. As consumer awareness of skincare and wellness grows, so does interest in products that promote healthy, youthful skin and address a variety of health conditions.
- According to a deep-dive market assessment by RationalStat, the global hyaluronic acid products market has been analyzed on the basis of market segments, including product, application, distribution channel and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global hyaluronic acid products market covers market sizes on the basis of market value (US$/EUR Million) and volume (Liters) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global hyaluronic acid products market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
Request A Customization- https://store.rationalstat.com/store/global-hyaluronic-acid-products-market/#tab-ux_global_tab
Global Hyaluronic Acid Products Market: Segmental and Market Share Analysis
- On the basis of product, in 2022, the three-cycle injection product segment accounted for 38% of revenue. It is expected to maintain its leading position during the forecast period.
- On the basis of application, osteoarthritis segment dominated the global hyaluronic acid products market and accounted for 40% of the overall revenue in 2022.
- On the basis of distribution channel, In the hyaluronic acid products market, hospital pharmacies held a 28% revenue share in 2022. During the projection period, this segment is expected to maintain its dominance by rising at a CAGR of 6.5%.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 2.9 billion |
| Market Size Forecast | US$ 4.7 billion |
| Growth Rate | 7.2% |
| Key Market Drivers |
|
| Companies Profiled |
|
Explore more about this report- https://store.rationalstat.com/store/global-hyaluronic-acid-products-market/#tab-ux_global_tab
Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global hyaluronic acid products market include,
- In February 2022, AbbVie Inc received approval from the Food and Drug Administration for JUVEDERM VOLBELLA XC, which can treat infraorbital hollows in individuals over the age of 21. In the US market, this increased the company’s aesthetic product line.
- In August 2021, HyLink was introduced by Saikagaku Corporation, a pharmaceutical manufacturing business with headquarters in Japan, to treat knee osteoarthritis. HyLink is a Visco supplement for the treatment of osteoarthritis of the knee that is injected once into the joint.
Get A Free Sample- https://store.rationalstat.com/store/global-hyaluronic-acid-products-market/#tab-ux_global_tab
RationalStat has segmented the global hyaluronic acid products market based on product, application, distribution channel and region
- Global Hyaluronic Acid Products Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Product
- Single Cycle Injection Products
- Three Cycle Injection Products
- Five Cycle Injection Products
- Global Hyaluronic Acid Products Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Application
- Osteoarthritis
- Ophthalmic
- Dermal Fillers
- Vesicoureteral Reflux
- Global Hyaluronic Acid Products Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Drug Stores
- Specialty Clinics
- Global Hyaluronic Acid Products Market Value (US$ Million), Volume (Liters), and Market Share (2019-2030) Analysis by Region
- North America Hyaluronic Acid Products Market
- US
- Canada
- Latin America Hyaluronic Acid Products Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Hyaluronic Acid Products Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Hyaluronic Acid Products Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Hyaluronic Acid Products Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Hyaluronic Acid Products Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Hyaluronic Acid Products Market
For more information about this report- https://store.rationalstat.com/store/global-hyaluronic-acid-products-market/#tab-ux_global_tab
Key Questions Answered in the Hyaluronic Acid Products Report:
- What will be the market value of the global hyaluronic acid products market by 2030?
- What is the market size of the global hyaluronic acid products market?
- What are the market drivers of the global hyaluronic acid products market?
- What are the key trends in the global hyaluronic acid products market?
- Which is the leading region in the global hyaluronic acid products market?
- What are the major companies operating in the global hyaluronic acid products market?
- What are the market shares by key segments in the global hyaluronic acid products market?
Explore Our Trending Reports
- Global Castor Oil and Derivatives Market- Global castor oil and derivatives market is expected to grow at a CAGR of around 4.5% during the forecast period of 2023-2030 and is estimated at US$ 1.21 billion in 2023.
- Australia Barite Market- Australia barite market is anticipated to attain a value of US$ 76 million by 2030, growing at a compound annual growth rate (CAGR) of 5.9% during the forecast period.
- India Calcium Phosphite Market- India calcium phosphite market is anticipated to attain a value of US$ 215 million by 2030, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period.
- Global Mannosylerythritol Lipids Market- Global Mannosylerythritol Lipids Market is expected to grow at a significant CAGR over the forecast period of 2022-2028
- Global Propane Dehydrogenation to Propylene Market- Global propane dehydrogenation to propylene market is expected to grow at a CAGR of around 9.4% during the forecast period of 2023-2030 and is estimated at US$ 10,124 million in 2023.
- Global Wood Processing Market- Global wood processing market is expected to grow at a CAGR of around 3.9% during the forecast period of 2023-2030 and is estimated at US$ 157.8 billion in 2023.
- Global Propane Dehydrogenation to Propylene Market- Global propane dehydrogenation to propylene market is expected to grow at a CAGR of around 9.4% during the forecast period of 2023-2030 and is estimated at US$ 10,124 million in 2023.
- Global Biomass Pellets Market- global Biomass Pellets Market is expected to grow at a significant CAGR over the forecast period of 2022-2028
- Global N Methyl 2 Pyrrolidone (NMP) Market- global N Methyl 2 Pyrrolidone (NMP) Market is expected to grow at a CAGR of 6.8% over the forecast period of 2022-2028
- Global N-Heptane Market- global N-Heptane Market is expected to grow at a CAGR of 5.6% over the forecast period of 2022-2028
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
Download Key Insights and Market Data - Raise a Query
About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
Contact
RationalStat LLC
Kimberly Shaw,
Content and Press Manager
US Phone: +1 302 803 5429
UK Phone: +44 203-287-1245
LinkedIn | Facebook | Twitter | Instagram | Pinterest
