Middle East & Africa Hyaluronidase Market Size & Outlook
MEA hyaluronidase market highlights
- The MEA hyaluronidase market generated a revenue of USD 48.8 million in 2023.
- The market is expected to grow at a CAGR of 7.6% 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.
MEA data book summary
| Market revenue in 2023 | USD 48.8 million |
| Market revenue in 2030 | USD 81.4 million |
| Growth rate | 7.6% (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, MEA region accounted for 4.9% 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 Scope
Hyaluronidase Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 Middle East & Africa hyaluronidase market based on animal-derived hyaluronidase covering the revenue growth of each sub-segment from 2018 to 2030.
Cosmetic surgeries are rapidly gaining popularity among the Middle Eastern countries, especially Saudi Arabia and the UAE. Increasing number of people from Egypt and Iraq are availing cosmetic surgeries in this region. Besides these, Lebanon, Dubai, and Turkey are among the popular destinations for plastic surgery in the MEA.
Dubai and Lebanon possess the highest standards of dermal procedures carried out across private clinics and hospitals. Growing medical tourism has led to an increase in the adoption of hyaluronidase products for cosmetic applications in the MEA.
This, in turn, is boosting the demand for hyaluronidase products for use in dermal filler treatments. Thus, manufacturers are increasingly investing in the development of hyaluronidase products and are focusing on expanding their product offerings.
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Our clientele includes a mix of hyaluronidase market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa hyaluronidase market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa hyaluronidase market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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