Europe Sodium Hyaluronate-based Products Market Size & Outlook
Europe sodium hyaluronate-based products market, 2018-2030 (US$M)
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Europe sodium hyaluronate-based products market highlights
- The Europe sodium hyaluronate-based products market generated a revenue of USD 2,418.1 million in 2023.
- The market is expected to grow at a CAGR of 7.9% 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.
Europe data book summary
| Market revenue in 2023 | USD 2,418.1 million |
| Market revenue in 2030 | USD 4,106.0 million |
| Growth rate | 7.9% (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, Europe region accounted for 23.0% 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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Europe 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 Europe sodium hyaluronate-based products market based on topical covering the revenue growth of each sub-segment from 2018 to 2030.
Europe, led by countries such as Italy, Germany, and France, has one of the highest number of nonsurgical esthetic procedures performed in 2019, according to a report published by International Society of Aesthetic Plastic Surgery.
Botulinum toxin and hyaluronic acid (including several sodium hyaluronate-based injections such as Restylane, STYLAGE, and Happy Cross by LABRHA SAS etc.) are being used widely across the region. Moreover, Hyacyst, an NaHA-based bladder instillation is already widely distributed across the EU for managing increasingly prevalent bladder conditions such as interstitial cystitis.
Rapidly aging population in the region is increasingly seeking esthetic procedures to reverse visible signs of aging for achieving a more youthful appearance. Countries such as Spain already have strict rules, which mandate that only trained doctors can perform these procedures, with more regulations expected to be enforced in the UK over the forecast period due to a rise in complaints related to botched surgeries.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe sodium hyaluronate-based products market , including forecasts for subscribers. This continent databook contains high-level insights into Europe sodium hyaluronate-based products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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