Infinium Global Research Hyaluronic Acid Market | Page 3

Hyaluronic Acid Market: Global Industry Analysis, Trends, Market Size and Forecasts up to
2023
Introduction
Report Description
The Global Hyaluronic Acid Market was sized near USD X.X billion in 2016. The global
hyaluronic acid marketis projected to grow with a CAGR of 9.4% during 2017-
2023.Hyaluronic acidis an anionic, nonsulfated glycosaminoglycan distributed widely
throughout connective, epithelial, and neural tissues.Its function in the body is to bind
water and to lubricate movable parts of the body, such as joints and muscles. Its
consistency and tissue-friendliness allows it to be beneficial in skin-care products as an
excellent moisturizer.Hyaluronic acid (HA) is a natural and linear polymer composed of
repeating disaccharide units of β-1, 3-N-acetyl glucosamine and β-1, 4-glucuronic acid with
a molecular weight up to 6 million Daltons.Hyaluronic acid has its health benefits that are
as follows it helps reduce wrinkles, treats sores, sunburns and wounds.It alsohelps to
reduce dry eyes and eye discomfort.Hyaluronic acid is, thus, often used as a tumor marker
for prostate and breast cancer. It may also be used to monitor the progression of the
disease.Hyaluronic acid is a common ingredient in skin-care products. Hyaluronic acid is
used as a dermal filler in cosmetic surgery.With these advantages, hyaluronic acid exhibits a
wide range of applications in ophthalmology, dermatology, rheumatology, orthopedic
surgery, otolaryngology, plastic surgery, drug delivery, and wound healing.
This report estimates the market size of hyaluronic acid market in terms of value (USD
million) over the period of 2015 to 2023.The year 2016 is considered to be a base year, and
2017 to 2023 is considered to be a forecast period. Moreover, the market sizes for
hyaluronic acid market in numerous application is estimated in terms of value. This market
research study provides detailed qualitative and quantitative analysis of the global
hyaluronic acid market. Additionally, the report provides a comprehensive review of the
major market drivers, restraints, opportunities in the global as well as regional markets of
hyaluronic acid market. The market analysis covers major geographic regions, such as North
America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecastare
© Infinium Global Research
Page 3