Global Study On Hyaluronic Acid Market Shares, Strategies And Forecasts Worldwide 2017- 2022 - Credence Research

Global Study On Hyaluronic Acid Market Shares, Strategies And Forecasts Worldwide 2017- 2022 - Credence Research

In terms of revenue in 2014, the global market for hyaluronic acid Market was calculated to be USD 5.50 billion and is projected to reach USD 11.15 billion by 2022, growing at a CAGR of 9.7% from 2015 to 2022.

Hyaluronic acid is witnessing growth on the back of rising demand from cosmetics and medical applications. Moreover, growing incidence of ulcers, osteoarthritis and geriatric population is another major factor attributing towards market growth. However, other cost effective treatment present in the market and allergic reaction associated with it can restraint the market growth. Advancement in technology towards better health services is projected to fuel the market demand for hyaluronic acid.

By product type, in 2014, five injection was the leading product type of hyaluronic acid and accounted for 40% share of the market. High usage is one of the major factor attributing towards the market growth. Single injection is forecasted to be the fastest growing market during the forecast period. 

Browse Full Report At http://www.credenceresearch.com/report/hyaluronic-acid-market

In 2014, dermal fillers was the largest application segment for hyaluronic acid and was calculated to be USD 2.04 billion. Vesicoureteral reflux is the fastest growing application segment of hyaluronic acid. Recent improvements are the factors driving the market growth.

In 2014, North America was the largest market accounted for 37% share of the market pie. This is due to presence of geriatric population and high awareness among them regarding the different procedures. Asia Pacific is projected to be the fastest growing market during the forecast period. The market is projected to grow at a CAGR of 10.1% during the forecast period. Rapidly improving health care industry and rising awareness among the growing population are the factors attributing towards the growth. RoW is another lucrative market due to increasing awareness about the use and affects for hyaluronic acid.

Some of the major players present in this market are Salix Pharmaceuticals, Ferring Pharmaceuticals Inc., Anika Therapeutics Inc., and Allergan Inc among others.

According to a new market research report published by Credence Research “Standalone Intraoral Scanners Market (By Technology Type – Confocal Microscopic Imaging Technology and Optical Wand Technology) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the global standalone intraoral scanners market was valued at US$ 55.3 Mn in 2014 and is estimated to expand with a CAGR of 13.9% from 2015 to 2022.

Market Insights

Digital scanning is one of the latest and the most promising trends in the dental industry observed in the past few years. Due to rising focus towards digital dental technology products, the standalone intraoral scanners are expected to witness strong demand in the near future. In addition, due to rising efforts towards delivering faster and cheaper dental treatment, intraoral scanners’ adoption is predicted to witness strong growth in the coming years. Further, development and penetration of computer-aided drawing (CAD) and computer-aided manufacturing (CAM) is another factor supporting the adoption of digital scanners. As a result, the market is expected to register robust growth worldwide during the forecast period.

Browse the full report at http://www.credenceresearch.com/report/standalone-intraoral-scanners-market

Standalone intraoral scanners are digital scanning devices that use optical technology for capturing intraoral images. These devices are designed to scan three-dimensional (3D) images of the intraoral area making the treatment easier for dentist as well as the patient. These scanners are used across various dental applications such as dental restoration and other orthodontic treatments. The most significant driving the market growth is the substantial accuracy and convenience of use of these devices as compared to the traditional impression techniques. Additionally, the adoption of intraoral scanners is also propelled by the cleaner, cheaper and faster operation offered by these devices.

Nevertheless, the market is mainly hindered due to the high initial costs of the intraoral scanners. The scanner typically comes with an alongside screen making the overall system costlier. However, the market growth is estimated from the anticipated declining prices of these systems in the near future. Additionally, with the ongoing advancements in the market such as powder-less scanning is further expected to drive the market growth in the coming years. Consequently, the market is projected to register robust growth during the forecast period.

Competitive Insights

The global standalone intraoral scanners market is still in its stage of nascency. The market is majorly technology driven and hence highly competitive in nature. Some of the major players operating in the market include 3Shape A/S, Sirona Dentals Systems, Inc., Densys3D Ltd., 3M ESPE and others.

Key Trends

Development of advanced standalone intraoral scanners solutions including lightweight, smaller and easy-to-use scanners
Lease payment options
Demand for standalone units without milling systems
Widening the distribution networks in order to popularize the products thereby raising sales
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Keywords : Hyaluronic Acid Market,

by Ainsley Lewis (few months ago!)

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