Market Highlights
Global Unnatural Amino Acids Market overview is expected to register a CAGR of 8.21% during the forecast period and is expected to hit USD 8,959.39 Million by 2027.
Aesthetic procedures are the treatment done for the improvement of cosmetic appearance. Various aesthetic techniques are available in the market, which is effectively used for liposuction, hair removal, acne treatment, and others. Unnatural amino acids are concerned with the use of various aesthetic products for medical purposes and to improve the overall appearance of the patient.
The growing expenditure on cosmetic surgeries coupled with technological advancements, rising obese and geriatric population, and the prevalence of skin diseases are anticipated to drive the market growth of the global unnatural amino acids market. According to the American Society of Plastic Surgery (ASPS), in 2018, around 30,859 lip augmentation surgeries were performed, exhibiting a rise of 66% as compared to those in 2000. However, the li high procedural costs, sophistication, and training associated with aesthetic procedures, and side-effects related to cosmetic procedures are expected to restrict market growth.
Segment Analysis
Global Unnatural Amino Acids Market Share has been divided based on Type, Application, and End User.
The market, based on type, has been segregated into D-amino acids & derivatives, DL-amino acids & derivatives, β-amino acids & derivatives, cyclic amino acids & derivatives, L-amino acid derivatives, gamma-aminobutyric acid {GABA}, gamma-amino-beta-hydroxybutyric acid {GABOB}, synthetic-amino acids, and others.
Based on application, the unnatural amino acids market has been divided into liver diseases, cancer, inflammatory disease, genetic diseases, and others.
On the basis of end-user, the market is bifurcated into pharmaceutical & biotechnological companies, research laboratories, academic institutes, and others.
Regional Analysis
The global unnatural amino acids market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and Middle East & Africa. The Americas is likely to hold the largest share of the global unnatural amino acids market during the assessment period owing to the presence of a huge patient population suffering from chronic diseases, changing lifestyle, and increasing government support for research & development. The Europe market is expected to register a substantial growth in the market owing to the increasing support from the government, the presence of a huge older population, and high healthcare spending. Asia-Pacific is estimated to be the fastest-growing region in the global market due to the increasing prevalence of chronic diseases, rapidly developing economies. The unnatural amino acids market in Middle East & Africa is expected to witness gradual growth owing to the developing healthcare infrastructure.
Key Players
MRFR recognizes the following companies as the Key Players in the Global Unnatural Amino Acids Market— Galderma Laboratories, L.P. (Switzerland), Allergan (Ireland), Merz Pharma (Germany), Lumenis LTD (Israel), Bausch Health (Canada), Hologic, Inc. (US), Anika Therapeutics Inc. (US), Cutera (US), Alma Lasers (Germany), and Syneron Medical Ltd (US) and others.
Key Findings of the Study
- The Global Unnatural Amino Acids Market was valued at USD 4,851.13 Million in 2019 and is expected to register a CAGR of 8.21% during the assessment period.
- The Americas accounted for the largest share of the global market due to the presence of a huge patient population suffering from chronic diseases, changing lifestyles and increasing government support for research & development.
- Based on the type, the D-amino acids & derivatives segment accounted for the largest market share of 22.9% in 2019.
- Based on application, the cancer segment is expected to register the fastest growth at a CAGR of 8.81% during the forecast period.
- Based on the end-user, the pharmaceutical & biotechnological companies segment accounted for the largest market share with a value of USD 1,833.70 million in 2019.
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