North America Sodium Hyaluronate-based Products Market Size & Outlook
North America sodium hyaluronate-based products market, 2018-2030 (US$M)
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North America sodium hyaluronate-based products market highlights
- The North America sodium hyaluronate-based products market generated a revenue of USD 4,039.2 million in 2023.
- The market is expected to grow at a CAGR of 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.
North America data book summary
| Market revenue in 2023 | USD 4,039.2 million |
| Market revenue in 2030 | USD 6,501.3 million |
| Growth rate | 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, North America region accounted for 38.3% 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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North America 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 North America sodium hyaluronate-based products market based on topical covering the revenue growth of each sub-segment from 2018 to 2030.
High prevalence of diseases such as arthritis in North America along with rapidly aging population, which is increasingly seeking antiaging cosmetic procedures for reducing their signs of aging, are among major factors responsible for the market growth for sodium hyaluronate-based products in the region.
According to American Academy of Facial Aesthetics, minimally invasive sodium hyaluronate-based dermal fillers, such as Restylane injections, are widely accepted in the region, mainly because they have a short average treatment time i.e., in the range of 15 to 30 minutes, allowing patients to return to work and their normal routine quickly following the treatment.
Moreover, patients feel more comfortable due to the temporary nature of dermal fillers as compared to permanent fillers, which can become a huge issue and responsibility. There is a growing prevalence of arthritis in the North American region, increasing the demand for sodium hyaluronate basedtherapeutics for its treatment. These factors are expected to drive the North America sodium hyaluronate market over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America sodium hyaluronate-based products market , including forecasts for subscribers. This continent databook contains high-level insights into North America sodium hyaluronate-based products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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