Infinium Global Research Hyaluronic Acid Market | Page 2

A latest report has been added to the wide database of Hyaluronic Acid Market by Infinium Global Research. This report studies the Hyaluronic Acid Market by type (single, three, five injections), application (osteoarthritis, ophthalmic, dermal fillers, vesicoureteral reflux) market status and outlook of global and major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. Hyaluronic Acid Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the Hyaluronic Acid Market. According to the report the Global Hyaluronic Acid Market is projected to grow at a CAGR of 9.4% in terms of value over the period of 2017-2023. Hyaluronic acid, also called hyaluronan, is 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. Because it is one of the most hydrophilic molecules in nature with numerous benefits for the human body it can be described as nature’s moisturizer. Hyaluronic acid helps to maintain normal joint cushioning. 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. Market Insights Rise in base of geriatric population, increasing incidence rates of osteoarthritis, ulcers and gingivitis, and rising demand for cosmetic procedures related to anti-aging process are some of the factors which are expected to expand the market significantly in the coming years. In addition, growing patient’s preference for minimally invasive surgical procedures, favorable reimbursement policies, and increasing awareness about health and beauty standards among the population are further driving this market in the coming years. Along with these factors, there are certain restraining factors that could hinder the market in future, which include availability of other cost effective treatment options. Introduction of newer technologies into the market and large number of product approvals witnessing the huge market growth. Segment Covered The report on global hyaluronic acid market covers segments such as, type and application. On the basis of type the global hyaluronic acid market is categorized into single injection, three injections and five injections. On the basis of application the global hyaluronic acid market is categorized into osteoarthritis, ophthalmic, dermal fillers and vesicoureteral reflux. Infinium Global Research