DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Hyaluronic Acid (HA) Raw Material Market Analysis By Application (Ophthalmology, Orthopedics, Dermatology, Drug Delivery, Medical Devices Coating, Biomaterials & Implants, Tissue Preservation), And Segment Forecasts, 2013 - 2024" report to their offering.
The global hyaluronic acid raw material market is expected to reach a value of USD 7.25 billion by 2024
The increasing use of hyaluronic acid in various medical applications, such as osteoarthritis, wound healing, postoperative adhesion, tympanic membrane repair, tumor diagnosis, fracture healing, and soft tissue repair is expected to fuel the market growth over the forecast period.
The orthopedics segment dominated the overall market in 2015 with the highest revenue generation. The increasing geriatric population base, rising incidence of osteoarthritis, and growing adoption of viscosupplements in the treatments contribute to the large market share of this segment. Furthermore, the drug delivery segment is projected to be the fastest growing over the forecast period with a significantly higher CAGR. The increasing R&D activities focusing on targeted drug delivery systems and growing usage of hyaluronic acid in anti-cancer drug delivery is expected to contribute to the market growth.
Some of the top countries recording a majority of the aesthetic treatments in 2014 were the U.S., Brazil, Japan, South Korea, Mexico, Germany, France, and Colombia. Medical tourism for cosmetic surgery in the U.S. plays a very important role in aiding the uptake of HA-based products and procedures, which is expected to drive the market in the coming few years.
Key Topics Covered:
1 Research Methodology
2 Executive Summary
3 Hyaluronic acid raw material Market Variables, Trends & Scope
4 Hyaluronic acid raw material: Application Estimates & Trend Analysis
5 Hyaluronic acid raw material: Regional Estimates & Trend Analysis, by Application
6 Competitive Landscape
- Genzyme Corporation
- Anika Therapeutics, Inc.
- Salix Pharmaceuticals
- Seikagaku Corporation
- F. Hoffmann-La Roche Ltd.
- Galderma S.A.
- Zimmer Biomet
- Smith & Nephew
- Lifecore Biomedical
- HTL Biotechnology
- Bloomage Freda Biopharm Co. Ltd.
- LG Life Sciences
- Maruha Nichiro, Inc.
- Bio-Technology General
- Teoxane Laboratories
- QufuLiyangBiochem Industrial Co. Ltd
- Cellbone Technology
- Stanford Chemicals
- Vesta Ingredients, Inc.
For more information about this report visit http://www.researchandmarkets.com/research/6wkkmq/hyaluronic_acid