According to a new market research report published by Credence Research “Hyaluronic Acid Market By Product Analysis (Product Type, Single Injection, Three Injection, Five Injection), Application Analysis (Application Type, Dermal Fillers, Adhesive Prevention, Osteoarthritis) – Growth, Share, Opportunities & Competitive Analysis, 2015 – 2022”,the global hyaluronic acid Market was calculated to be USD 5.50 billion and is projected to reach USD 11.15 billion by 2022, growing at a CAGR of 9.7% from 2015 to 2022.
Hyaluronic acid is witnessing growth on the back of rising demand from cosmetics and medical applications. Moreover, growing incidence of ulcers, osteoarthritis and geriatric population is another major factor attributing towards market growth. However, other cost effective treatment present in the market and allergic reaction associated with it can restraint the market growth. Advancement in technology towards better health services is projected to fuel the market demand for hyaluronic acid.
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By product type, in 2014, five injection was the leading product type of hyaluronic acid and accounted for 40% share of the market. High usage is one of the major factor attributing towards the market growth. Single injection is forecasted to be the fastest growing market during the forecast period.
In 2014, dermal fillers was the largest application segment for hyaluronic acid and was calculated to be USD 2.04 billion. Vesicoureteral reflux is the fastest growing application segment of hyaluronic acid. Recent improvements are the factors driving the market growth.
In 2014, North America was the largest market accounted for 37% share of the market pie. This is due to presence of geriatric population and high awareness among them regarding the different procedures. Asia Pacific is projected to be the fastest growing market during the forecast period. The market is projected to grow at a CAGR of 10.1% during the forecast period. Rapidly improving health care industry and rising awareness among the growing population are the factors attributing towards the growth. RoW is another lucrative market due to increasing awareness about the use and affects for hyaluronic acid.
Some of the major players present in this market are Salix Pharmaceuticals, Ferring Pharmaceuticals Inc., Anika Therapeutics Inc., and Allergan Inc among others.
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Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Market Segmentation
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.5 Key Points
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Hyaluronic Acid Market
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Chapter 3 Introduction
3.1 Introduction
3.2 Classification
3.3 Drivers
3.4 Restraints
3.5 Opportunities
3.6 Supply Chain
3.7 Porter’s five force analysis
3.7.1 Bargaining power of suppliers
3.7.2 Bargaining power of buyers
3.7.3 Threat of new entrants
3.7.4 Threat of substitutes
3.7.5 Degree of competition
Chapter 4 Global Hyaluronic Acid Market, Product Analysis
4.1 Global Hyaluronic Acid Market, by product type
4.2 Single Injection
4.2.1 Global Single Injection demand, 2014 – 2022, (USD Billion)
4.3 Three Injection
4.3.1 Global Three Injection demand, 2014 – 2022, (USD Billion)
4.4 Five Injection
4.4.1 Global Five Injection demand, 2014 – 2022, (USD Billion)
Chapter 5 Global Hyaluronic Acid Market, Application Analysis
5.1 Global Hyaluronic Acid Market, by application type
5.2 Vesicoureteral reflux
5.2.1 Global hyaluronic acid demand from Vesicoureteral reflux application, 2014 – 2022, (USD Billion)
5.3 Dermal fillers
5.3.1 Global hyaluronic acid demand from Dermal fillers application, 2014 – 2022, (USD Billion)
5.4 Adhesive Prevention
5.4.1 Global hyaluronic acid demand from Adhesive Prevention application, 2014 – 2022, (USD Billion)
4.5 Osteoarthritis
5.4.1 Global hyaluronic acid demand from Osteoarthritis application, 2014 – 2022, (USD Billion)
Chapter 6 Global Hyaluronic Acid Market, Regional Analysis
6.1 Global Hyaluronic Acid Market, regional analysis, (2014 v/s 2022)
6.2 North America
6.2.1 US Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.2.2 Canada Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.2.3 Mexico Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.3 Europe
6.3.1 Germany Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.3.2 France Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.3.3 UK Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.3.4 Italy Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.3.5 Russia Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.3.6 Rest of Europe Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.4 Asia Pacific
6.4.1 Japan Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.4.2 China Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.4.3 India Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.4.4 Australia Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.4.5 Rest of Asia Pacific Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.5 RoW
6.5.1 Brazil Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
6.5.2 Rest of RoW Hyaluronic Acid Market, 2014 – 2022, (USD Billion)
Chapter 7 Competitive Analysis
7.1 Anika Therapeutics Inc
7.2 Allergan Inc.
7.3 Sanofi Inc
7.4 Ferring Pharmaceuticals
7.5 Seikagaku
7.6 AstraZeneca
7.7 Salix Pharmaceuticals
7.8 Fidia Farmaceutici
7.9 Abdi Ibrahim
7.10 Zimmer Holdings Inc