Hyaluronic acid products are widely used in anti-aging and minimally invasive surgery (MIS) treatments. Hyaluronic acid, popularly called hyaluronan (HA), is an organic compound that relates to the carbohydrates and polysaccharides family. Hyaluronic acid is produced in labs using a variety of in-vitro methods, such as bacterial synthesis and rooster comb extraction. The average human body has around 15 grams of hyaluronic acid, which can be given by injections or orally as advised by a healthcare practitioner. Since hyaluronic acid is hydrophilic, it is utilized to absorb shock in patients with joint disorders such as osteoarthritis.
Moreover, as hyaluronic acid absorbs quickly into the skin, it helps battle the symptoms of aging such as wrinkles and fine lines, which favors the hyaluronic acid products market in cosmetics such as hyaluronic acid beauty serums. Moreover, as people become more conscious of beauty and health standards, there is a greater demand for cosmetics and aesthetic procedures. Hyaluronic acid is used to treat skin aging, mouth sores, and dry eyes. Currently, many biological areas are evolving and steadily discovering the intention of hyaluronic acid in order to create a beneficial product that may propel the global hyaluronic acid products market growth over the forecast period. In 2015, the U.S. Food and Drug Administration (FDA) approved the use of hyaluronic acid for osteoarthritis treatment.
Hyaluronic Acid Products Market Taxonomy
By Product Type
- Single Injection
- Three Injection
- Five Injection
- Dermal Fillers
- Vesicoureteral reflux
The increase in hyaluronic acid medicinal applications drives the global hyaluronic acid products market growth over the forecast period.
Hyaluronic acid is naturally present in the human body, but it is also administered intradermally, orally, and intramuscularly. Hyaluronic acid is used to treat osteoarthritis because of its hydrophobic nature. Moreover, hyaluronic acid is also utilized to replenish bodily fluid after cornea, retina, and cataract operations. The rise in the number of plastic operations also benefits the global hyaluronic acid products market growth over the forecast period.
Moreover, hyaluronic acid is utilized as a dermal filler in cosmetic procedures. Many hyaluronic acid products in the market include beauty products that give the necessary moisture to preserve skin softness and elasticity, such as hyaluronic moisturizers, creams, shampoos, bath oils, conditioners. The U.S. food and drug administration approved the hyaluronic acid skin filler bind to water when infused into the skin, providing volume to simply fill in the bigger folds of skin along the lips and cheeks.
Geographically the global hyaluronic acid products market is divided into Europe, North America, the Middle East, Asia Pacific, and Africa. Growing elderly population in North America, as well as their demand for treatments, is expected to grow the hyaluronic acid products market in North America over the forecast period. According to a Population Reference Bureau estimate, the number of adults of age 65 and above in North America is expected to more than double to around 98 million by 2060 from 46 million in 2016. Awareness of anti-aging treatments, as well as consideration of substitutes such as plastic procedures, favors the hyaluronic acid products market growth in North America over the forecast period. Galderma Laboratories’ Restylane Lyft, a hyaluronic acid dermal filler, was approved by the U.S. Food and Drug Administration (FDA) in 2015. Numerous hyaluronic acid cosmetics products such as shampoos, bath oils, conditioners, and creams are expected to witness growth in the hyaluronic acid products market in the Asia-Pacific region over the forecast period.
Some of the major players operating in the global hyaluronic acid products market include Smith & Nephew plc, Ferring Pharmaceuticals, Inc., Alcon, F. Merz Aesthetics, Inc., Allergan Inc., Zimmer Holdings, Seikagaku Corp., and Hoffmann-La Roche Ltd.
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