Middle East & Africa Hyaluronic Acid Market Size & Outlook
Middle East & Africa hyaluronic acid market, 2017-2030 (US$M)
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MEA hyaluronic acid market highlights
- The MEA hyaluronic acid market generated a revenue of USD 237.8 million in 2022.
- The market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, dermal fillers was the largest revenue generating application in 2022.
- Ophthalmic is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 237.8 million |
| Market revenue in 2030 | USD 436.4 million |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Dermal fillers |
| Fastest growing segment | Ophthalmic |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, MEA region accounted for 2.5% of the global hyaluronic acid market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,723.7 million by 2030.
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Hyaluronic Acid Market Scope
Hyaluronic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 57.7% in 2022. Horizon Databook has segmented the Middle East & Africa hyaluronic acid market based on dermal fillers, osteoarthritis, ophthalmic, vesicoureteral reflux covering the revenue growth of each sub-segment from 2017 to 2030.
In recent years, the number of esthetic procedures has increased owing to increasing influence of social media platforms and westernization. Social media influencers and growing trend of selfies are highly impacting millennials. Lebanon, Dubai, and Turkey are emerging as popular destinations in the Middle East for plastic surgery.
Decreasing social stigma associated with plastic surgery and increasing awareness regarding the safety of dermal fillers among women are among factors boosting the demand for HA in the region. Furthermore, increasing prevalence of osteoarthritis & ophthalmic disorders and unmet needs of the patient population are factors expected to fuel market growth.
Increasing incidence of musculoskeletal disorders in the region is expected to boost the demand for hyaluronic acid. The 3B (Better Bone Belt) National Alliance of Osteoporosis started “Act Now” campaign in cooperation with AI MARAI group and Dubai Ladies Club.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa hyaluronic acid market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa hyaluronic acid market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA hyaluronic acid market size, by country, 2017-2030 (US$M)
Middle East & Africa Hyaluronic Acid Market Outlook Share, 2022 & 2030 (US$M)
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