North America OTC Hyaluronic Acid (HA) Market Trends ,Overview And Forecast From 2018 To 2024| Grand View Research, Inc
“The North America OTC hyaluronic acid market size was valued at USD 26.14 billion in 2015 and is projected to grow at a CAGR of 5.9% during the forecast period.�
The North America OTC hyaluronic acid (HA) market is expected to reach a value of USD 41.3 billion by 2024, according to a new report by Grand View Research, Inc. The increasing number of obese people owing to the lack of physical activity and higher consumption of fast food & alcohol, especially by the younger population are some of the factors accounting for growth. Orthopedic applications of HA are expected to emerge as the most lucrative segment of this market. This can be attributed to the growing target audience above 60 years, suffering from various joint disorders such as rheumatoid arthritis and osteoarthritis coupled with the introduction of new products catering to this population subset. In addition, increase in the number of arthritis-related hospitalization cases and growing awareness amongst the healthcare professionals regarding excellent physiochemical properties of hyaluronic acid is expected to drive the demand. However, the dermatology segment in the U.S. was the largest segment in 2015 accounting for almost 95.2% of the total U.S. OTC hyaluronic acid market. The growing population of women between 20 and 65 years of age and increasing awareness regarding the benefits of HA are some of the crucial factors driving the surging demand for hyaluronic acid in dermatological procedures.
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Hyaluronic acid (HA) stimulates the synthesis of a protein that plays a crucial role in supporting skin structure and collagen, which declines with age leading to wrinkle formation. The growing demand for HA as a topical skin cream or serum coupled with the increasing presence of market participants in this sector is indicative of future growth. The rising awareness regarding the benefits of HA in skin care products for penetrating the dermis more effectively as compared to collagen is also anticipated to propel the market trend. According to various reports, approximately 27% of the total U.S. women population belong to the age group of 45 to 65 years, which is one of the crucial factors responsible for the surging demand for anti-wrinkle creams. Some of the key players are Shiseido Co., Ltd.; Lindberg Nutrition & GeniusCentral Systems; Nature’s Way Products, LLC; NOW Foods; NeoCell Corporation; Source Naturals, Inc.; Doctors Best; derma e; and Earth Science Naturals Grand View Research has segmented the North America OTC hyaluronic acid market by product, sales channels, and region: North America OTC Hyaluronic Acid: Product Outlook (Revenue in USD Million, 2013 - 2024) Dermatology
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Moisturizers
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Anti-Wrinkle creme
Orthopedic
North America OTC Hyaluronic Acid: Sales Channels Outlook (Revenue in USD Million, 2013 - 2024) Online Channels
Retail Chain
North America OTC Hyaluronic Acid: Regional Outlook (Revenue in USD Million, 2013 - 2024) North America o
U.S. California Texas New York Florida Illinois Others
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Canada
Browse Related Category Reports @ https://www.grandviewresearch.com/industry/medical-devices Table of Content of North America OTC Hyaluronic Acid (HA) Market Chapter 1 Research Methodology 1.1 Information Procurement
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1.1.1 Purchased database: 1.1.2 GVR’s internal database 1.2 Primary Research Chapter 2 Executive Summary 2.1 Market Snapshot Chapter 3 North America OTC Hyaluronic Acid Market Variables, Trends & Scope 3.1 Market Segmentation & Scope 3.1.1 Market driver analysis 3.1.1.1 Growing geriatric population 3.1.1.2 Increasing prevalence of arthritis 3.1.2 Market restraint analysis 3.1.2.1 High cost of certain products and associated side effects 3.2 Key Opportunity Priorities 3.3 OTC Hyaluronic Acid Market - SWOT Analysis, By Factor (political & legal, economic and technological) 3.4 Industry Analysis - Porter’s 3.5 Competitive Landscape:Market Position Analysis 3.6 OTC Hyaluronic Acid Demographic Analysis Chapter 4 North America OTC Hyaluronic Acid: Product Estimates & Trend Analysis 4.1 North America OTC Hyaluronic Acid Market: Product Movement Analysis 4.2 Orthopedics (Joint Supplements) 4.2.1 Orthopedics OTC hyaluronic acid market, 2013 - 2024 (USD Million) 4.3 Dermatology 4.3.1 Dermatology OTC hyaluronic acid market, by product type, 2013 - 2024 (USD Million) 4.3.2 Moisturizers 4.3.2.1 Moisturizers OTC hyaluronic acid market, 2013 - 2024 (USD Million) 4.3.3 Anti-Wrinkle 4.3.3.1 Anti-wrinkle OTC hyaluronic acid market, 2013 - 2024 (USD Million) Chapter 5 North America OTC Hyaluronic Acid: Sales Channels Estimates & Trend Analysis 5.1 North America OTC Hyaluronic Acid Market: Sales Channels Movement Analysis 5.2 Online Portals 5.2.1 Online portals OTC hyaluronic acid market, 2013 - 2024 (USD Million) 5.3 Retail Chain
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5.3.1 Retail chains OTC hyaluronic acid market, 2013 - 2024 (USD Million) Chapter 6 North America OTC Hyaluronic Acid: Regional Estimates & Trend Analysis, by Product & Sales Channels 6.1 North America OTC Hyaluronic Acid Market Share, by Region, 2013 & 2024 6.2 U.S. 6.2.1 OTC hyaluronic acid market estimates and forecasts, by Product 2013 - 2024 (USD Million) 6.2.2 OTC hyaluronic acid market estimates and forecasts, by Sales Channels 2013 - 2024 (USD Million) 6.2.3 California 6.2.3.1 OTC hyaluronic acid market estimates and forecasts, by product 2013 - 2024 (USD Million) 6.2.3.2 OTC hyaluronic acid market estimates and forecasts, by sales channels 2013 - 2024 (USD Million) 6.2.4 Texas 6.2.4.1 OTC hyaluronic acid market estimates and forecasts, by product 2013 - 2024 (USD Million) 6.2.4.2 OTC hyaluronic acid market estimates and forecasts, by sales channels 2013 - 2024 (USD Million) 6.2.5 New York 6.2.5.1 OTC hyaluronic acid market estimates and forecasts, by product 2013 - 2024 (USD Million) 6.2.5.2 OTC hyaluronic acid market estimates and forecasts, by sales channels 2013 - 2024 (USD Million) 6.2.6 Florida 6.2.6.1 OTC hyaluronic acid market estimates and forecasts, by product 2013 - 2024 (USD Million) 6.2.6.2 OTC hyaluronic acid market estimates and forecasts, by sales channels 2013 - 2024 (USD Million) 6.2.7 Illinois 6.2.7.1 OTC hyaluronic acid market estimates and forecasts, by product 2013 - 2024 (USD Million) 6.2.7.2 OTC hyaluronic acid market estimates and forecasts, by sales channels 2013 - 2024 (USD Million) 6.2.8 Others 6.2.8.1 OTC hyaluronic acid market estimates and forecasts, by product 2013 - 2024 (USD Million) 6.2.8.2 OTC hyaluronic acid market estimates and forecasts, by sales channels 2013 - 2024 (USD Million) 6.3 Canada 6.3.1 OTC hyaluronic acid market estimates and forecasts, by product 2013 - 2024 (USD Million) 6.3.2 OTC hyaluronic acid market estimates and forecasts, by sales channels 2013 - 2024 (USD Million) Chapter 7 Competitive Landscape 7.1 Company Profiles 7.1.1 Shiseido Co., Ltd. 7.1.1.1 Company overview 7.1.1.2 Financial performance
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7.1.1.3 Product benchmarking 7.1.1.4 Strategic initiatives 7.1.2 Lindberg Nutrition 7.1.2.1 Company overview 7.1.2.2 Financial performance 7.1.2.3 Product benchmarking 7.1.3 Nature’s Way Products, LLC. 7.1.3.1 Company overview 7.1.3.2 Product benchmarking 7.1.3.3 Online sales channels 7.1.3.4 Strategic initiatives 7.1.4 Now Foods 7.1.4.1 Company overview 7.1.4.2 Financial performance 7.1.4.3 Product benchmarking 7.1.4.4 Online sales channels 7.1.5 NeoCell Corporation 7.1.5.1 Company overview 7.1.5.2 Product benchmarking 7.1.5.3 Retail sales channel 7.1.5.4 Online sales channels 7.1.6 Source Naturals, Inc. 7.1.6.1 Company overview 7.1.6.2 Financial performance 7.1.6.3 Product benchmarking 7.1.6.4 Online sales channels 7.1.7 Doctor’s Best, Inc. 7.1.7.1 Company overview 7.1.7.2 Financial performance 7.1.7.3 Product benchmarking 7.1.7.4 Online and retail sales channels 7.1.7.5 Strategic initiatives
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7.1.8 Derma E 7.1.8.1 Company overview 7.1.8.2 Product benchmarking 7.1.8.3 Online sales channels 7.1.8.4 Retail sales channels 7.1.8.5 Strategic initiatives 7.1.9 Earth Science Naturals 7.1.9.1 Company overview 7.1.9.2 Financial performance 7.1.9.3 Product benchmarking 7.1.9.4 Online sales channels
About Us: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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