The latest report by MarkNtel Advisors, titled “Hyaluronic Acid Market By Grade (Cosmetic Grade, Pharmaceutical Grade, Food Grade), By Application (Aesthetics, Osteoarthritis, Pharmaceutical API, Cosmetics, Ophthalmology, Other), By End-User (Pharmaceutical Industry, Personal Care, Other), other and Region 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the Hyaluronic Acid Market research report.
What is the market outlook for Hyaluronic Acid?
The Hyaluronic Acid Market size is estimated to grow at a CAGR of around 8% during the forecast period 2023–28.
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Major Companies Operating in the Hyaluronic Acid Industry:
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
Hyaluronic Acid Market Report Segmentation:
By Application
-Aesthetics
-Osteoarthritis
-Pharmaceutical API
-Cosmetics
-Ophthalmology
-Others
- Here, Osteoarthritis dominated the market with the largest share during the forecast period.
By End-User
-Pharmaceutical Industry
-Personal Care
-Others
Learn More About the Market Report – https://www.marknteladvisors.com/research-library/global-hyaluronic-acid-market.html
Regional Insights:
- 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
Global Hyaluronic Acid Market Growth Restraint: The Extensive Availability of Alternative Treatment Options:
Hyaluronic acid is commonly used in dermal fillers for aesthetic procedures to reduce the appearance of wrinkles & fine lines. However, several alternative dermal filler products are available in the market that utilize different substances like collagen or calcium hydroxyapatite and thus compete with hyaluronic acid-based fillers. Hence, the massive availability of multiple options for aesthetic procedures is creating competition within the global hyaluronic acid market and impacting its growth potential.
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