The global hyaluronic acid and calcium hydroxylapatite market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The rise in the number of minimally invasive cosmetic procedures is anticipated to drive the growth of the market. For instance, according to the data published by the American Society for Dermatologic Surgery (ASDS) in 2021, approximately 10.3 million cosmetic procedures were performed in 2019. Out of these, 4 million procedures were performed using laser, light and energy-based devices, 1 million body sculpting procedures, 2.3 million neuromodulator treatments, and 1.6 million soft tissue filler injection procedures were performed in 2019. Further, the body sculpting category accounted for an increase of 62.0% from the previous year, skin conditions with laser, light, and energy-based devices registered an increase to 18.0% from the previous year, filler treatments have increased 78.0% in the last eight years whereas wrinkle relaxing injections have grown 60.0%. Thus , as per ASDS, the minimally invasive cosmetic procedures have registered a 62.0% increase over 2018 and have grown 5 times since 2012.
Looking towards the demand for hyaluronic acid and calcium hydroxylapatite , key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in February 2022, Merz Aesthetics had launched Radiesse + Lidocaine injectable implant for deep injection for soft tissue augmentation to improve moderate to a severe loss of jawline counter in adults over the age of 21. Further, Radiesse + is FDA-approved calcium hydroxylapatite (CaHA) injectable treatment for jawline contour improvement. In addition, the Radiesse is also approved to treat moderate to severe facial wrinkles and folds. Moreover, the USFDA had approved the supplemental pre-market application (sPMA) in September 2021.
In May 2020, Galderma Laboratories had received the USFDA approval for Restylane Kysse, a hyaluronic acid filler indicated to add fullness to the lips and assist smooth the face wrinkles. According to the company, a lower amount of Restylane Kysse (1.82ml) was needed to show an improvement in the lip fullness as compared to 2.24 ml in the phase 3 trials. Moreover, as per Dr. Melaine Palm (clinical investigator), the Restylane was shown to be safe and well-tolerated.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Galderma Laboratories L.P, LG Life Sciences, and Merz Pharma among others.
A full report is available at: https://orionmarketreports.com/global-hyaluronic-acid-and-calcium-hydroxylapatite-market/95098/
Global Hyaluronic Acid and Calcium Hydroxylapatite Market Report by Segment
- By Type
- Biodegradable
- Non-Biodegradable
By Application
- Hospitals and Clinics
- Specialty and Dermatological Clinics
- Others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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