Data Bridge Market Research Published Latest Hyaluronic Acid Market Study by in-depth analysis about current scenario, the Market size, demand, growth pattern, trends, and forecast. This report on the study considers important factors such as an analysis of the market, a definition of the market, market segmentation, significant trends in the industry, an examination of the competitive landscape, and research methodology.
Data Bridge Market Research analyzes that the global hyaluronic acid market is expected to grow with a CAGR of 8.3% in the forecast period of 2023 to 2030 and is expected to reach USD 16,313.95 million by 2030.
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Hyaluronic Acid (HA) also called hyaluronan, is an anionic, non-sulfated glycosaminoglycan distributed widely throughout connective, epithelial, and neural tissues. An essential component of articular cartilage, hyaluronic acid surrounds each cell in the cartilage like a coat (chondrocyte). The robustness of cartilage is due to these aggregates’ ingestion of water (its resistance to compression). The molecular weight (size) of hyaluronan in cartilage decreases with age, but the amount increases. The human body naturally contains HA. The largest quantities of HA are seen in the joints and eyes. The chemical has the capacity to maintain luscious, moisturized skin. As a result, it is used by many cosmetic surgeons as an injectable to delay the signs of aging on the skin.
- Increasing Awareness Towards Cosmetic Injectables or Dermal Fillers
Hyaluronic acid-based dermal fillers are the less invasive cosmetic processes. Dermatology problems are common across the globe. It has become a major concern to understand the products to treat skin-related problems and restore skin wrinkles. Various programs have been launched to create awareness about the proper use of hyaluronic acid injectables.
- Use of Invasive Hyaluronic Acid Based Dermal Fillers
Hyaluronic acid-based dermal fillers are less invasive cosmetic processes, which are promptly increasing across the globe. These are popular cosmetic procedures for facial renovation, face volume restoration, and aesthetic improvement.
- In February 2022, Allergan (a subsidiary of AbbVie Inc.) announced the FDA approval of JUVÉDERM VOLBELLA XC for the improvement of infraorbital hollows in adults aged above 21. This helped the company to expand its product portfolio of aesthetics in the U.S. market.
- In February 2021, Contipro, a renowned hyaluronic acid manufacturer based in the Czech Republic, announced the launch of its new anti-aging and anti-acne treatment product called HyRetin, which improves the visibility of the skin.
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Data Bridge Market Research recognizes the following companies as the major hyaluronic acid market players in hyaluronic acid market are Allergan (Ireland), Anika Therapeutics, Inc. (U.S), Bio Plus Co., Ltd. (South Korea), Bioxis Pharmaceuticals (France), Bohus Biotech AB (Sweden), Candela Medical (U.S.), Galderma Laboratories L.P. (U.S.), Genzyme Corp. (U.S.), NUVISAN GmbH (Germany), Laboratoires Vivacy (France), LG Chem (South Korea), Medicis Aesthetics Holdings, Inc. (U.S.), Merz Pharmaceuticals (Germany), Sculpt Luxury Dermal Fillers Ltd. (U.S.), Sinclair Pharma (U.S.)
Hyaluronic Acid Market Scope
- Cosmetic Grade
- Pharmaceutical Grade
- Hydrolyzed Hyaluronic Acid
- Sodium Acetylated Hyaluronic Acid
- Sodium Hyaluronate
- Pharmaceutical API
- Pharmaceutical Industry
- Dermatology Clinics
- Cosmetic Surgery Centers
- Direct Tender
- Retail Sales
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Hyaluronic Acid Market Regional Analysis/Insights
The global hyaluronic acid market is analyzed, and market size insights and trends are provided by country, grade, type, application, end user, and distribution channel as referenced above.
The countries covered in this market report are the U.S., Canada, Mexico, Germany, France, U.K, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, rest of Asia-Pacific, South Africa, Saudi Arabia, UAE, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.
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