The Global Hyaluronic Acid Market is anticipated to grow at a CAGR of around 8% during the forecast period, i.e., 2023-28.
Key Findings of the Study: Hyaluronic Acid Market
Global Hyaluronic Acid Market Driver: New Product Launches with Lower Risk of Allergies
With constant technological advancements in hyaluronic acid for better application across different verticals, the market is observing a significant expansion over the past few years. Its application in wrinkle correction, treatment of fine lines, and others have displayed lucrative growth opportunities for the leading players operating in the industry. Besides, several hyaluronic acid fillers are getting approvals from the FDA for wrinkle fine line correction, i.e., another prominent aspect expected to drive the Global Hyaluronic Acid Market through 2028.
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Scope of the Report and Hyaluronic Acid Market Segmentation
By Application
-Aesthetics
-Osteoarthritis
-Pharmaceutical API
-Cosmetics
-Ophthalmology
-Others
- Osteoarthritis dominated the market with the largest share during the forecast period.
By End-User
-Pharmaceutical Industry
-Personal Care
-Others
Top leading companies in the Hyaluronic Acid Market includes:
Allergan Plc, Anika Therapeutics Inc, Sanofi, Fidia Farmaceutici, Seikagaku Corporation, Virchow Biotech, Contipro Corporation, Kewpie Corporation, Salix Pharmacueticals, Galderma Laboratories L.P., Zimmer Biomet, Smith Nephew PLC, HTL Biotechnology, Bloomage Biotechnology Corporation Limited, Hoffmann La Roche Ltd., Others
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Geographical analysis:
North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
South America: Brazil, Argentina, Rest of South America
Middle East Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
- North America is projected to dominate the Hyaluronic Acid Market with the largest share during 2023-28.
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