Previous Chapter Chapter 58: Global Markets for Hyaluronic Acid Viscosupplementation Next Chapter
Chapter 58: Global Markets for Hyaluronic Acid Viscosupplementation
Comprising the US, Japan, Austria, France, Germany, Italy, Spain, and the UK, the global market for hyaluronic acid (HA) viscosupplementation experienced strong growth over 2004, driven primarily by increased adoption in the US market. In 2005, the US became the largest global market for HA viscosupplementation and will maintain this status over the forecast period. Despite being the second-largest market globally in 2005, the overall Japanese market value will not grow as aggressively as the US over the next 5 years. Limited growth in the Japanese market is largely due to market maturity, intense competition, and biennial reimbursement cuts.