Middle East & Africa Sodium Hyaluronate-based Products Market Size & Outlook
Middle East & Africa sodium hyaluronate-based products market, 2018-2030 (US$M)
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MEA sodium hyaluronate-based products market highlights
- The MEA sodium hyaluronate-based products market generated a revenue of USD 290.0 million in 2023.
- The market is expected to grow at a CAGR of 7.7% 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.
MEA data book summary
| Market revenue in 2023 | USD 290.0 million |
| Market revenue in 2030 | USD 486.7 million |
| Growth rate | 7.7% (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, MEA region accounted for 2.8% 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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Middle East & Africa 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 Middle East & Africa sodium hyaluronate-based products market based on topical covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East and Africa region has a relatively young population, with approximately 60% of the population being below the age of 60. The Middle East too has a young population with nearly half of the region’s population to be in the 0-24 age group.
Thus, the usage of sodium hyaluronate-based products in common applications such as providing relief from osteoarthritis pain is expected to remain relatively low as compared to other regions such as North America and APAC.
Moreover, the low healthcare expenditure in the continent is expected to limit the access to hyaluronate-based products, whereas the public healthcare system in the Middle Eastern countries is good.
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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 Middle East & Africa sodium hyaluronate-based products market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa sodium hyaluronate-based products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa sodium hyaluronate-based products market
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