Asia Pacific Sodium Hyaluronate-based Products Market Size & Outlook
Asia Pacific sodium hyaluronate-based products market, 2018-2030 (US$M)
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Asia Pacific sodium hyaluronate-based products market highlights
- The Asia Pacific sodium hyaluronate-based products market generated a revenue of USD 3,293.8 million in 2023.
- The market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, topical was the largest revenue generating type in 2023.
- Topical is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 3,293.8 million |
| Market revenue in 2030 | USD 5,803.1 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Topical |
| Fastest growing segment | Topical |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Topical |
| Key market players worldwide | Allergan, Galderma Group AG Registered Shares, LG Chem, Anika Therapeutics Inc, Ferring, Bohus BioTech, Syner-med (Pp), Cadila Pharmaceuticals, Fidia Farmaceutici |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 31.3% of the global sodium hyaluronate-based products market in 2023.
- 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 5,803.1 million by 2030.
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Sodium Hyaluronate-based Products Market Scope
Sodium Hyaluronate-based Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific sodium hyaluronate-based products 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 sodium hyaluronate-based products market will help companies and investors design strategic landscapes.
Topical was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific sodium hyaluronate-based products market based on topical covering the revenue growth of each sub-segment from 2018 to 2030.
Sodium hyaluronate-based medical products are widely accepted in APAC region. Increasing geriatric population in the region is expected to drive the incidence of conditions, such as cataract and osteoarthritis, fueling the demand for sodium hyaluronate-based eye drops and injectables to manage the conditions.
These products have also found acceptance by many of the major drugapproving bodies in the region. Furthermore, sodium hyaluronate has applications in gynecological surgeries as an adhesive barrier in pelvic surgeries, with studies conducted in the region that have proved its effectiveness.
Moreover, with prevalence of gynecological conditions is expected to rise in developing countries in APAC due to changing lifestyle, the demand for sodium hyaluronate-based products to manage the condition is expected to grow.. Some of the developed countries in the region also have reimbursement schemes for some sodium hyaluronate-based treatments, making it more affordable for the public.
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Our clientele includes a mix of sodium hyaluronate-based products market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific sodium hyaluronate-based products market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific sodium hyaluronate-based products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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