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Sodium Hyaluronate-based Products Market to Hit $17.4 Billion By 2030

Sodium Hyaluronate-based Products Market (By Type: Topical, Injectable, Others; By Application: Pharmaceuticals, Cosmetics) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

The global sodium hyaluronate-based products market size is expected to be worth around US$ 17.4 billion by 2030, according to a new report by Vision Research Reports.

The global sodium hyaluronate-based products market size was valued at US$ 10.6 billion in 2020 and is anticipated to grow at a CAGR of 9.5% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size USD 17.4 billion by 2030
Growth Rate CAGR of 9.5% From 2021 to 2030
Base Year 2021
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Type, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Allergan, Inc; Galderma S.A.; Bohus BioTech AB; LG Chem Ltd.; Syner-Med (Pharmaceutical Products) Ltd.; Anika Therpeutics Inc.; Cadila Pharmaceuticals Ltd.; Ferring Pharmaceuticals B.V.; Fidia Farmaceutici S.p.A.

Growth Factors

The growth of the market can be attributed to an increase in the geriatric population, a demographic that is prone to diseases such as osteoarthritis and cataracts. Growing awareness and a rising number of dermal filler procedures are likely to further propel the market growth.

The demand for antiaging cosmetics and aesthetic treatments, which help people in reversing their aging signs, is increasing, mainly due to a global increase in the aging population. Sodium hyaluronate (NaHA) is more soluble than , along with having smaller molecules and greater skin penetration.

Key Players

  • Allergan, Inc.(a part of AbbVie, Inc.)
  • Galderma S.A.
  • Bohus BioTech AB
  • LG Chem Ltd.
  • Syner-Med (Pharmaceutical Products) Ltd.
  • Anika Therpeutics Inc.
  • Cadila Pharmaceuticals Ltd.
  • Ferring Pharmaceuticals B.V.
  • Fidia Farmaceutici S.p.A.

Market Segmentation

  • Type
    • Topical
    • Injectable
    • Others
  • Application
    • Pharmaceuticals
      • Opthalmology
      • Orthopedic
      • Urology
      • Others
    • Cosmetics
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa
      • South Africa
      • Saudi Arabia

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