Australia Hyaluronic Acid Market Size & Outlook, 2022-2030
Australia hyaluronic acid market, 2017-2030 (US$M)
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Australia hyaluronic acid market highlights
- The Australia hyaluronic acid market generated a revenue of USD 156.8 million in 2022 and is expected to reach USD 307.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 8.8% from 2023 to 2030.
- In terms of segment, dermal fillers was the largest revenue generating application in 2022.
- Osteoarthritis is the most lucrative application segment registering the fastest growth during the forecast period.
Hyaluronic acid market data book summary
| Market revenue in 2022 | USD 156.8 million |
| Market revenue in 2030 | USD 307.9 million |
| Growth rate | 8.8% (CAGR from 2022 to 2030) |
| Largest segment | Dermal fillers |
| Fastest growing segment | Osteoarthritis |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dermal Fillers, Osteoarthritis, Ophthalmic, Vesicoureteral Reflux |
| Key market players worldwide | Allergan, Sanofi SA, Anika Therapeutics Inc, Bausch Health Companies Inc, Roche Holding AG ADR, Nestle SA, Zimmer Biomet Holdings Inc, Smith & Nephew PLC, Ferring, Lifecore Biomedical Inc, Shiseido Co Ltd, Bloomage BioTechnology, LG Chem, Maruha Nichiro Corp, Genzyme, Seikagaku, HTL Biotechnology |
Other key industry trends
- In terms of revenue, Australia accounted for 1.7% of the global hyaluronic acid market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan hyaluronic acid market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 523.7 million by 2030.
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Hyaluronic Acid Market Scope
Hyaluronic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia hyaluronic acid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hyaluronic acid market will help companies and investors design strategic landscapes.
Dermal fillers was the largest segment with a revenue share of 47.13% in 2022. Horizon Databook has segmented the Australia hyaluronic acid market based on dermal fillers, osteoarthritis, ophthalmic, vesicoureteral reflux covering the revenue growth of each sub-segment from 2017 to 2030.
Facial injectables have become extremely popular and widely accepted. Increasing awareness among customers and rising adoption of noninvasive aesthetic procedures in a stress-free environment are some of the major factors propelling market growth. Body image is a major personal concern among the youth in the country.
According to Mission Australia's Youth Survey Report 2018, nearly 30.4% of participants were concerned about body image, with around 13.6% reporting to be extremely concerned, while approximately 16.8% of them were moderately concerned about their body image.
The survey also revealed that women (~41.5%) were more concerned about body image as compared to men (~15.4%). Moreover, according to a 2017 study published in Psychiatry Research, nearly 3% of male teenagers in the country were reported to have symptoms of body dysmorphism.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia hyaluronic acid market , including forecasts for subscribers. This country databook contains high-level insights into Australia hyaluronic acid market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Australia hyaluronic acid market size, by application, 2017-2030 (US$M)
Australia Hyaluronic Acid Market Outlook Share, 2022 & 2030 (US$M)
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