We are monitoring the impact of COVID-19 on Hyaluronic Acid Products Market Get in touch with us for detailed analysis Know More
Pulished Date April, 2021
ID: 7715
Share on
Share on

Global Hyaluronic Acid Products Market Size, Share, Trends, COVID-19 Impact and Growth Analysis Report - Segmented By Product Type, Application and Region - Industry Forecast (2021 to 2026)

Pulished: April, 2021
ID: 7715
Pages: 175

Hyaluronic Acid Products Market Size (2021 to 2026)

The global hyaluronic acid products market is expected to value USD 14.08 billion by 2026 from USD 9.24 billion in 2021, witnessing a CAGR of 8.8% during the forecast period.

Hyaluronic acid is the most commonly used material in cosmetics surgery and skincare as it can act as dermal fillers. These are used to treat mouth sores, dry eyes, and aging of the skin and are also used as dermal filler n cosmetic surgery.

MARKET DRIVERS:

The increasing use of hyaluronic acid products in dermatology and aesthetics for wrinkle augmentation and volume restoration therapies is one of the significant factors driving the global hyaluronic acid products market.

The growing demand for minimally invasive treatments is propelling the sales of hyaluronic acid products. This has prompted some of the most well-known cosmetics companies to use hyaluronic acid as a significant ingredient. Croma-Pharma, for example, has employed 1.8 percent hyaluronic acid in its face masks for skin renewal and radiance. In addition, consumers have shifted toward the idea of "prevention is better than cure" as the frequency of lifestyle-related disorders has increased, driving the hyaluronic acid market, particularly in areas such as dietary supplements for joint health.

Cosmetics and aesthetics procedures are becoming more popular as people become more aware of health and appearance standards. Mouth sores, dry eyes, and skin aging are all treated with hyaluronic acid. Many biological disciplines are currently evolving and steadily discovering the purpose of hyaluronic acid to create a useful product that can help the market for hyaluronic acid products grow. The market is fast changing due to the growing popularity of aesthetic operations in both developed and emerging countries. The growth is being fueled by the increasing usage of hyaluronic acid surfaces in cardiovascular implants, such as stents and vascular grafts, to improve compatibility and a greater awareness of anti-aging goods.

The global market for hyaluronic acid products is further expected to drive by the aging population, rising demand for minimally invasive therapies, and key manufacturers' introduction of innovative dermatological techniques.

Baby boomers, who seek solutions to assist them in avoiding or reducing aging-related diseases, are driving the hyaluronic acid industry, while women are turning their attention toward supplementation and functional food consumption as a result of health practitioner recommendations, thereby contributing to the market's future growth. The growing popularity of the beauty aesthetic industry, combined with the widespread use of hyaluronic acid injections, masks, and fillers, is opening up new market opportunities. In addition, the use of hyaluronic acid products in the treatment of osteoarthritis is common. Both large and small regional firms compete in the hyaluronic acid products industry. These businesses are concentrating on diversifying their portfolios to acquire a competitive advantage.

MARKET RESTRAINTS:

The lack of competent professionals and dermal products is expected to hamper the growth rate of the global hyaluronic acid products market. Furthermore, most scar revision therapies for osteoarthritis, dermal applications, and other conditions necessitate repeated clinic visits over the course of treatment. In addition, hyaluronic acid products are more expensive than other cosmetics. This is due to the difficulty of obtaining hyaluronic acid as a raw ingredient, which leads to greater manufacturing costs. This has been a challenge for producers to overcome.

Impact of COVID-19 on the global hyaluronic acid products market:

COVID-19 is an unprecedented global public health crisis that has impacted practically every business. Its long-term effects are expected to influence industry growth during the forecast period. Shortly after the start of the pandemic, various industries were put on lockdown. Other OPDs' typical treatment options, such as dermatology, ophthalmology, and orthopedics, were restricted due to concerns of infections and mortality. During the COVID-19 pandemic, hyaluronic acid is effective for skin therapy. Since the requirement for sunbathing to overcome vitamin D deficiency has been implemented throughout this period, societal limits and self-isolation have been implemented, and sunshine has become a problem for skin health as it is a key predictor of premature skin aging. As of that, demand and supply for hyaluronic acid products were disrupted, resulting in a market that increased slowly and has a positive growth in coming years.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 to 2026

Base Year

2020

Forecast Period

2021 to 2026

Segments Covered

By Product Type, Application, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East, and Africa

 

This research report on the global hyaluronic acid products market has been segmented and sub-segmented based on product type, application, and region.

Hyaluronic Acid Products Market - By Product Type:

  • Single Cycle Injection Products
  • Three Cycle Injection Projects
  • Five Cycle Injection Products

Based on product type, as of 2020, three cycle injection products occupy a significant share and are expected to retain their position during the forecast period.

Hyaluronic Acid Products Market - By Application:

  • Osteoarthritis
  • Ophthalmic
  • Dermal Fillers
  • Vesicoureteral Reflux

Based on the application, the osteoarthritis segment is closely competing with the dermal fillers segment for a significant share. There has been a substantial upsurge in Osteoarthritis in recent years. Vesicoureteral Reflux segment is expected to account for substantial revenue in the forecast period because of the increasing demand for a minimum invasive surgical process.

Hyaluronic Acid Products Market - By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

Regionally, the North American market held the largest share in the global market in 2020, owing to key manufacturers. In addition, the large aging population, growing demand for the minimum invasive cosmetic surgeries, and favorable reimbursement policies and regulatory approvals for intra-articular hyaluronic acid injections are further expected to boost the North American market. As a result, the U.S is expected to lead the North American market, followed by Canada during the forecast period.

The European market is forecasted to account for a promising share in the global market during the forecast period. Growing applications of hyaluronic acid for cosmetic and personal care products, increasing customer inclination towards physical appearance that has the necessity for cosmetics and anti-aging products are expanding the market in Europe. The Western European market is also on the rise, trailing the North American market closely. Germany and the UK are expected to occupy a market share of about 40% in the European market during the forecast period. Spain and France are expected to showcase healthy CAGR.

The Asia-Pacific is expected to have the highest growth rate in the global hyaluronic acid products market during the forecast period due to the growing awareness regarding hyaluronan applications and their efficiency. Moreover, an increasing number of cosmetic surgeries, increasing the necessity for medical tourism, and advancing healthcare infrastructure in existing countries like India and China are expected to foster market growth.

Latin America is deemed to have an in the hyaluronic acid products market during the forecast.

KEY MARKET PARTICIPANTS:

Companies playing a prominent role in the global hyaluronic acid products market profiled in this report are Allergan, Sanofi, Ferring B.V., Zimmer Biomet, Fidia Farmceutici, Salix Pharmaceutical, Anika Therapeutics, Seikagaku Corporation, Hoffmann-LA Roche Ltd, Alcon, Inc., Smith & Nephew plc and F.Merz Asthetics, Inc.

RECENT MARKET DEVELOPMENTS:

  • On January 06, 2020, Anika Therapeutics agreed to obtain Parcus Medical, a leading sports medicine company, and Arthrosurface.
  • This agreement with both companies will increase commercial capabilities and infrastructure.
  • On February 01, 2017, Zimmer Biomet announced the FDA acceptance for the extended 26-week capability claim for Gel-One hyaluronate to treat pain associated with knee osteoarthritis. Gel-One provides millions of patients the ability up to six months of pain relief with a single injection.
  • On November 08, 2016, Seikagaku Corporation has announced as it has made a distribution agreement in the US for VISCO-3, which is a hyaluronic acid-based viscosupplement product. It determines three injections for the treatment of knee osteoarthritis with Zimmer Biomet Holdings, Inc. As of increasing the aging population in the US, the enlargement for viscosupplement products is expected to continue.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product Type                             

                                5.1.1 Introduction           

                                5.1.2 Single Cycle Injection Products       

                                5.1.3 Three Cycle Injectin Products         

                                5.1.4 Five cycle injection Products           

                                5.1.5  Y-o-Y Growth Analysis, By Product Type   

                                5.1.6  Market Attractiveness Analysis, By Product Type

                                5.1.7  Market Share Analysis, By Product Type   

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Osteoarthritis        

                                5.2.3 Ophthalmic             

                                5.2.4 Dermal Filler           

                                5.2.5 Vesicoureteral Reflux         

                                5.2.5 Y-o-Y Growth Analysis, By Application         

                                5.2.6 Market Attractiveness Analysis, By Application       

                                5.2.7 Market Share Analysis, By Application        

                5.3 End User                      

                                5.3.1 Introduction           

                                5.3.2 Hospitals  

                                5.3.3 Home        

                                5.3.4 Clinics        

                                5.3.5  Y-o-Y Growth Analysis, By End User            

                                5.3.6  Market Attractiveness Analysis, By End User          

                                5.3.7  Market Share Analysis, By End User            

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product Type

                                                6.1.3.3 By Application

                                                6.1.3.4 By End User

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product Type

                                                6.1.4.3 By Application

                                                6.1.4.4 By End User

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product Type

                                                6.1.5.3 By Application

                                                6.1.5.4 By End User

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa                               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Zimmer Biomet                         

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 StemCells                    

                8.3 Allergan                       

                8.4 Sanofi                           

                8.5 Ferring B.V                  

                8.6 Fidia Farmceutici                      

                8.7 Salix Pharmaceutical                               

                8.8 Anika Therpeutics                    

                8.9 Seikagaku Corporation                          

                8.10 Hoffmann-LA Roche Ltd                     

                8.11 Smith & nephew plc.                            

                8.12 F.Merz Asthetics, inc                            

                8.13 Alcon                          

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Product Type, by  Application along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

                                                                                                                          

  1. Global Hyaluronic Acid Products Market, By Region, From 2021 to 2026 (USD Million)
  2. Global Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  3. Global Single cycle injection products Market, By Region, From 2021 to 2026 (USD Million)
  4. Global Three cycle injection products Market, By Region, From 2021 to 2026 (USD Million)
  5. Global Five cycle injection produtcs Market, By Region, From 2021 to 2026 (USD Million)
  6. Global Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  7. Global Osteoarthritis Market, By Region, From 2021 to 2026 (USD Million)
  8. Global Ophthalmic Market, By Region, From 2021 to 2026 (USD Million)
  9. Global Dermal Fillers Market, By Region, From 2021 to 2026 (USD Million)
  10. Global Vesicoureteral Reflux Market, By Region, From 2021 to 2026 (USD Million)
  11. North America Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  12. North America Single cycle injection products Market, By Region, From 2021 to 2026 (USD Million)
  13. North America Three cycle injection products Market, By Region, From 2021 to 2026 (USD Million)
  14. North America Five cycle injection produtcs Market, By Region, From 2021 to 2026 (USD Million)
  15. North America Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  16. North America Osteoarthritis Market, By Region, From 2021 to 2026 (USD Million)
  17. North America Ophthalmic Market, By Region, From 2021 to 2026 (USD Million)
  18. North America Dermal Fillers Market, By Region, From 2021 to 2026 (USD Million)
  19. North America Vesicoureteral Reflux Market, By Region, From 2021 to 2026 (USD Million)
  20. United States Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  21. United States Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  22. Canada Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  23. Canada Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  24. Europe Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  25. Europe Single cycle injection products Market, By Region, From 2021 to 2026 (USD Million)
  26. Europe Three cycle injection products Market, By Region, From 2021 to 2026 (USD Million)
  27. Europe Five cycle injection produtcs Market, By Region, From 2021 to 2026 (USD Million)
  28. Europe Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  29. Europe Osteoarthritis Market, By Region, From 2021 to 2026 (USD Million)
  30. Europe Ophthalmic Market, By Region, From 2021 to 2026 (USD Million)
  31. Europe Dermal Fillers Market, By Region, From 2021 to 2026 (USD Million)
  32. Europe Vesicoureteral Reflux Market, By Region, From 2021 to 2026 (USD Million)
  33. U.K. Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  34. U.K. Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  35. Germany Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  36. Germany Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  37. France Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  38. France Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  39. Italy Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  40. Italy Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  41. Spain Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  42. Spain Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  43. Asia Pacific Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  44. Asia Pacific Single cycle injection products Market, By Region, From 2021 to 2026 (USD Million)
  45. Asia Pacific Three cycle injection products Market, By Region, From 2021 to 2026 (USD Million)
  46. Asia Pacific Five cycle injection produtcs Market, By Region, From 2021 to 2026 (USD Million)
  47. Asia Pacific Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  48. Asia Pacific Osteoarthritis Market, By Region, From 2021 to 2026 (USD Million)
  49. Asia Pacific Ophthalmic Market, By Region, From 2021 to 2026 (USD Million)
  50. Asia Pacific Dermal Fillers Market, By Region, From 2021 to 2026 (USD Million)
  51. Asia Pacific Vesicoureteral Reflux Market, By Region, From 2021 to 2026 (USD Million)
  52. Japan Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  53. Japan Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  54. China Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  55. China Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  56. India Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  57. India Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  58. Australia Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  59. Australia Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  60. South Korea Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  61. South Korea Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  62. Latin America Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  63. Latin America Single cycle injection products Market, By Region, From 2021 to 2026 (USD Million)
  64. Latin America Three cycle injection products Market, By Region, From 2021 to 2026 (USD Million)
  65. Latin America Five cycle injection produtcs Market, By Region, From 2021 to 2026 (USD Million)
  66. Latin America Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  67. Latin America Osteoarthritis Market, By Region, From 2021 to 2026 (USD Million)
  68. Latin America Ophthalmic Market, By Region, From 2021 to 2026 (USD Million)
  69. Latin America Dermal Fillers Market, By Region, From 2021 to 2026 (USD Million)
  70. Latin America Vesicoureteral Reflux Market, By Region, From 2021 to 2026 (USD Million)
  71. Brazil Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  72. Brazil Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  73. Argentina Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  74. Argentina Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  75. Mexico Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  76. Mexico Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  77. Rest of Latin America Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  78. Rest of Latin America Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  79. Middle East and Africa Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  80. Middle East and Africa Single cycle injection products Market, By Region, From 2021 to 2026 (USD Million)
  81. Middle East and Africa Three cycle injection products Market, By Region, From 2021 to 2026 (USD Million)
  82. Middle East and Africa Five cycle injection produtcs Market, By Region, From 2021 to 2026 (USD Million)
  83. Middle East and Africa Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  84. Middle East and Africa Osteoarthritis Market, By Region, From 2021 to 2026 (USD Million)
  85. Middle East and Africa Ophthalmic Market, By Region, From 2021 to 2026 (USD Million)
  86. Middle East and Africa Dermal Fillers Market, By Region, From 2021 to 2026 (USD Million)
  87. Middle East and Africa Vesicoureteral Reflux Market, By Region, From 2021 to 2026 (USD Million)
  88. Middle East Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  89. Middle East Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)
  90. Africa Hyaluronic Acid Products Market, By Product Type, From 2021 to 2026 (USD Million)
  91. Africa Hyaluronic Acid Products Market, By Application, From 2021 to 2026 (USD Million)

Please wait. . . . Your request is being processed

Related Reports

LICENCE TYPE

$ 1234 4255

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample