Global Hyaluronic Acid Market 2024-2028
The hyaluronic acid market is forecasted to grow by USD 4462.8 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the hyaluronic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need for safe and stable drugs that require minimal monitoring, rising demand for non-surgical aesthetic procedures, and advancements in delivery systems of hyaluronic acid molecules in cosmetics.
Technavio's hyaluronic acid market is segmented as below:
By Application
- Dermal fillers
- Osteoarthritis
- Ophthalmic
- Vesicoureteral reflux
By End-user
- Pharmaceutical industry
- Cosmetic industry
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the increasing acquisitions and joint ventures by market vendors as one of the prime reasons driving the hyaluronic acid market growth during the next few years. Also, rise of hybrid and multifunctional hyaluronic acid formulations and development of hyaluronic acid supplements and nutricosmetic products will lead to sizable demand in the market.
The report on the hyaluronic acid market covers the following areas:
- Hyaluronic acid market sizing
- Hyaluronic acid market forecast
- Hyaluronic acid market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hyaluronic acid market vendors that include AbbVie Inc., Abdi Ibrahim Ilac Sanayi ve Tic A.S., Anika Therapeutics Inc., Bausch Health Companies Inc., Bio plus Co. Ltd., BioScience GmbH Cosmetics Trading LLC, Bioxis Pharmaceutical, Bloomage Biotech Co. Ltd., Ferring BV, Fidia Farmaceutici Spa, Galderma SA, Huadong Medicine Co. Ltd., Laboratoires VIVACY, LG Chem Ltd., Merz Pharma GmbH and Co KGaA, Sanofi SA, SEIKAGAKU CORP., Smith and Nephew plc, Syrhatech, Teva Pharmaceutical Industries Ltd., and Zimmer Biomet Holdings Inc.. Also, the hyaluronic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.