Europe Hyaluronidase Market Size & Outlook, 2023-2030
Europe hyaluronidase market highlights
- The Europe hyaluronidase market generated a revenue of USD 258.4 million in 2023.
- The market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, animal-derived hyaluronidase was the largest revenue generating type in 2023.
- Animal-derived Hyaluronidase is the most lucrative type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 258.4 million |
| Market revenue in 2030 | USD 455.6 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Animal-derived hyaluronidase |
| Fastest growing segment | Animal-derived Hyaluronidase |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Animal-derived Hyaluronidase |
| Key market players worldwide | Bausch & Lomb Corp, The Cooper Companies Inc, Sun Pharmaceutical Industries, STEMCELL Technologies, Amphastar Pharmaceuticals Inc, Prima Pharm, Halozyme Therapeutics, Shreya Life Sciences |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.2% of the global hyaluronidase market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 382.0 million by 2030.
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Hyaluronidase Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Shreya Life Sciences | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | http://www.shreya.co.in/ |
| Halozyme Therapeutics | View profile | 101-250 | San Diego, California, United States, North America | http://www.halozyme.com |
| Prima Pharm | View profile | 51-100 | San Diego, California, United States, North America | http://primapharm.net/ |
| Amphastar Pharmaceuticals Inc | View profile | - | - | - |
| STEMCELL Technologies | View profile | 501-1000 | Vancouver, British Columbia, Canada, North America | https://www.stemcell.com |
| Sun Pharmaceutical Industries | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.sunpharma.com |
| The Cooper Companies Inc | View profile | 15000 | 6101 Bollinger Canyon Road, Suite 500, San Ramon, CA, United States, 94583 | https://www.coopercos.com |
| Bausch & Lomb Corp | View profile | 13300 | 520 Applewood Crescent, Vaughan, ON, Canada, L4K 4B4 | https://www.bausch.com |
Europe hyaluronidase market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hyaluronidase market will help companies and investors design strategic landscapes.
Animal-derived hyaluronidase was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe hyaluronidase market based on animal-derived hyaluronidase covering the revenue growth of each sub-segment from 2018 to 2030.
Rising incorporation of hyaluronidase in various drug delivery technologies has encouraged local manufacturers to invest in the development of novel hyaluronidase products. For instance, in March 2019, ALTEOGEN, Inc. received a patent for its subcutaneous formulation of trastuzumab biosimilar that incorporates human hyaluronidase for the treatment of breast cancer.
Alteogen announced that it has plans to file additional Patent Cooperation Treaty and patent applications in 12 countries including Europe. This patent application is expected to allow the company to monopolize the European market for subcutaneous version of biosimilar trastuzumab.
Moreover, guidelines issued by multiple private and public entities for the use of hyaluronidase in esthetic procedures ensure efficient regulation and management of hyaluronidase in Europe.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe hyaluronidase market , including forecasts for subscribers. This continent databook contains high-level insights into Europe hyaluronidase market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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