PUBLISHER: iData Research Inc. | PRODUCT CODE: 1676627
PUBLISHER: iData Research Inc. | PRODUCT CODE: 1676627
The global hyaluronic acid (HA) viscosupplementation market was valued at $2.5 billion in 2024 and is projected to grow at a CAGR of 2.9%, reaching $3 billion by 2031.
This market includes four primary product categories:
Market Insights & Data Coverage
Market Trends
Impact of COVID-19 on Market Growth:
* The COVID-19 pandemic led to a temporary decline in sales due to postponements of elective procedures.
* By 2022, the market rebounded, returning to steady growth.
* Increased aging population and rising osteoarthritis cases are fueling demand for HA viscosupplementation.
* Convenience and lower patient burden are driving single-injection adoption.
Market Share Insights
Top Competitors in the Global Hyaluronic Acid Viscosupplementation Market (2024):
1 DePuy Synthes
* Market leader with its MONOVISC(R) (single-injection) and ORTHOVISC(R) (three-injection) products.
2 Fidia
* Second-largest market share with its HYMOVIS(R) (two-injection therapy).
3 Sanofi
* Third-largest competitor, offering Synvisc(R) and Synvisc-One(R), benefiting from the growing osteoarthritis market.
Market Segmentation Summary
Hyaluronic Acid Viscosupplementation Market
Global Research Scope
* North America (U.S., Canada)
* Latin America (Brazil, Mexico, Argentina, Colombia, Chile)
* Western Europe (Germany, France, U.K., Spain, Italy)
* Central & Eastern Europe (Poland, Russia, Turkey, Hungary)
* Middle East (Saudi Arabia, UAE, Israel)
* Asia Pacific (China, Japan, India, South Korea, Australia)
* Africa (South Africa, Egypt, Nigeria, Kenya)
Quantitative Coverage
Qualitative Coverage
Data Sources: