DUBLIN, October 17, 2017 /PRNewswire/ --
The "Global Hyaluronic Acid Market 2017-2021" report has been added to Research and Markets' offering.
The global hyaluronic acid market to grow at a CAGR of 8.7% during the period 2017-2021.
Global Hyaluronic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. The rising demand for cosmetics and non-surgical procedures is expected to drive the growth of the HA market.
One trend in the market is production of HA with cost-effective raw materials. There is an incessant rise in the cost of raw materials that are used for the microbial production of HA. This situation has led to an endless focus on finding a cheaper substrate to replace the raw materials to reduce the production cost, by the players. The ever-rising need for a sustainable environment has led to the exploration of the possibility of producing HA with inexpensive crude materials or wastes generated from other industrial processes.
According to the report, one driver in the market is increased ailments among the growing aging population. The undeniable fact about the increasing population across the globe is further mined down to understand that there is an increase in the aging population. The aging population is observed to be more susceptible to conditions such as dry eyes, osteoarthritis, and ulcer.
Further, the report states that one challenge in the market is intense competition leading to reduced ASP. One of the major challenges faced by the global HA is the competitive price. The players around the world focus on selling their product at a price similar to that of their competitors in order to gain more sales and capture the market share. The intense competition in price restricts the ASP (Average Selling Price) of HA viscosupplements.
- Anika Therapeutics
- Zimmer Biomet
Other prominent vendors
- Fidia Farmaceutici
- Lifecore Biomedical
- Maruha Nichiro
- Meiji Holdings
- Merz Pharma
- TRB CHEMEDICA INTERNATIONAL
Key Topics Covered:
- Executive Summary
- Scope Of The Report
- Research Methodology
- Market Landscape
- Market Segmentation By Product
- Market Segmentation By Application
- Geographical Segmentation
- Decision Framework
- Drivers And Challenges
- Market Trends
- Vendor Landscape
- Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/zm8xbp/global_hyaluronic
Laura Wood, Senior Manager
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SOURCE Research and Markets