Hyaluronidase Market Size, Share Global Analysis Report, 2019–2026

Industry Insights

[189+ Pages Report] According to the report published by Facts Factors, the global hyaluronidase market size was worth around USD 733.7 million in 2019 and is predicted to grow to around USD 1293.4 million by 2026 with a compound annual growth rate (CAGR) of roughly 8.0% between 2020 and 2026. The report analyzes the global hyaluronidase market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the hyaluronidase market.

This professional and specialized report study examines the technical and business perspective of the Hyaluronidase industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Hyaluronidase Market. The report study analyzes the market statistics at the global as well as regional levels to gain an in-depth perspective of the overall hyaluronidase market.

The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volumes (Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

Key Insights from Primary Research

• Our primary respondents believe the market to witness a rapid growth of 8.0% over the forecast period on account of rising environmental concerns.
• Some of the CXOs predict the Animal-derived Hyaluronidase segment to maintain its dominance throughout 2026 as Animal-derived Hyaluronidase provides a most effective process of absorption of other injected fluids in the body. Furthermore, the manufacturers operating in this market are expanding their presence through mergers and acquisitions across various industry verticals.
• Some of the industry experts interviewed in the Asia Pacific revealed that increasing awareness of skin care and body alteration surgeries has propelled the growth of the Hyaluronidase market globally.
• Regionally, the Asia Pacific region is expected to contribute largely to the global Hyaluronidase market. Some of the interviewees said that their future plans are to focus majorly on Hyaluronidase application areas. The manufacturers operating in countries such as the U.S. and Canada are expected to create higher adoption opportunities for the Hyaluronidase market.
• The information & technology subject matter experts suggest investing in R&D activities to come up with newer, economic, and more efficient Hyaluronidase. They believe advanced technology in the medical and chemical industry will witness widespread acceptance across the value chain of the Hyaluronidase market.

Key Recommendations from Analysts

• Our analysts recommend focusing on the Asia Pacific Hyaluronidase market since their calculations revealed that this region turned out to be the top investment pocket across the globe owing to greater opportunities in emerging countries such as India and China.
• The major reason behind the upsurge in growth and lucrative opportunities underlying in this region is the introduction of affordable medical schemes by various government organizations across the globe.
• North America, on the other hand, is expected to foresee robust growth accounting for USD 255.5 Mn in 2019. This is majorly attributed to rising high medical services across the U.S. and Canada.
• The strategic mergers and acquisitions by key industry players and high demand across application areas is anticipated to fuel the market growth
• The executive summary of the report reads the total opportunity underlying in the global Hyaluronidase market is nearly USD 1293.4 Mn between 2020 and 2026.

Hyaluronidase – Cost Structure

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Hyaluronidase Market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Hyaluronidase Market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Hyaluronidase Market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Hyaluronidase Market.

The research study provides a critical assessment of the Hyaluronidase industry by logically segmenting the market on the basis of product type, connectivity, port, distribution channel and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the Hyaluronidase industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Hyaluronidase for medical use was firstly obtained from crude extracts of bovine or ovine testicular tissue called BTH (bovine testicular Hyaluronidase). Hyaluronidase is employed for medical practice to upsurge tissue absorption of numerous drugs. The prime application of Hyaluronidase is to increase the capacity of absorption of injected drug. In dermatology and plastic surgery Hyaluronidase are usually used to enhance the effects of local anesthetics and to dissolve the injected Hyaluronidase. Hyaluronidase is most commonly used to treat cosmetic disorders, dehydration, muscle stiffness and others.

Report Scope

Increasing penetration of Hyaluronidase across different application areas such as chemotherapy, cosmetic surgery, and others has driven the market growth of Hyaluronidase globally. The market has witnessed growth owing to the raising need for physical alterations among the millennial population across the globe. The need for safe and side effect-free cosmetic surgery requirements has propelled the growth of the Hyaluronidase market over the forecast period.

The Hyaluronidase Market is categorized by product type, and by application. On the basis of product, the market is divided into Animal-derived Hyaluronidase and Synthetic Hyaluronidase. By Application, the market is further divided into Dermatology, Chemotherapy, Ophthalmology, Plastic Surgery, and Others.

Some of the key players operating in the Hyaluronidase Market around the globe include

•  Amphastar Pharmaceuticals Inc.
•  Halozyme Inc.
•  Bausch & Lomb Incorporated
•  the Cooper Companies Inc.
•  Sun Pharmaceutical Industries Ltd.
•  STEMCELL Technologies Inc.
•  Shreya Life Sciences Pvt. Ltd.
•  Calzyme

The taxonomy of the Hyaluronidase industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Animal-derived Hyaluronidase
• Synthetic Hyaluronidase

By Application Segmentation Analysis

• Dermatology
• Chemotherapy
• Ophthalmology
• Plastic Surgery
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)