Market Challenges And Opportunities

Regional growth engines of hyaluronic acid products market

Hyaluronic acid products market is geographically segmented into North America, Europe, Asia Pacific and Middle East and Africa. As growth in geriatric population is seen in North America and their demand for treatment is expected to boost the hyaluronic acid products industry in North America. According to Population Reference Bureau report the number of people from North America who age 65 and older is projected to more than double from 46 million from year 2016 to over 98 million by 2060. Awareness related to anti-aging treatment and consideration of alternatives like plastic surgeries also favor the growth of market in North America. The U.S. FDA approved Restylane Lyft, hyaluronic acid dermal filler, by Galderma Laboratories in year 2015. Various hyaluronic acid cosmetics products such as bath oils, shampoos, creams and conditioners is expected to witness growth in market of Asia-Pacific.

Rise in medical application of hyaluronic acid fuel the hyaluronic acid products market

Hyaluronic acid is present in human body but it is also supplemented via oral, intramuscular and intradermal routes. Due to its hydrophobic nature hyaluronic acid is used for treatment of osteoarthritis. Whereas hyaluronic acid is also used to replace body fluid during surgeries of retina, cornea and cataract. Increase in number of plastic surgeries also favor the growth of hyaluronic acid products market.