Chinese Facial Aesthetics Market to Boom to Almost $100 Million by 2011.Entry of New Competitors Will Drive Chinese Hyaluronic Acid hyaluronic acid: see mucopolysaccharide. Hyaluronic acid A polysaccharide which is an integral part of the gel-like substance of animal connective tissue; it supposedly serves as a lubricant and shock absorbent in the joints. Segment WALTHAM, Mass., May 2 /PRNewswire/ -- Millennium Research Group (MRG MRG Merge MRG Minority Rights Group International MRG Mad River Glen (Vermont) MRG Mouvement des Radicaux de Gauche (French: Left Radical Movement) MRG Manyetik Rezonans Görüntüleme ) has conducted a detailed analysis of the Chinese facial aesthetics market in its Chinese Markets for Facial Aesthetics 2007 report. The report finds that the market will skyrocket to almost $100 million by 2011 with the help of growth in the hyaluronic acid segment of the market. In 2006 the hyaluronic acid segment was dominated by domestic and Asian suppliers who had minimal distribution networks and small marketing budgets. By 2011, however, this market will be infiltrated by new competitors from around the world like Q-Med and Allergan. The hyaluronic acid products supplied by these global competitors are considered high-quality and therefore will have high average selling prices, which will help bolster market growth. "The entry of global competitors will result in increased physician marketing of hyaluronic acid, which will drive unit demand through 2011," says Aviva Shedletzky analyst at MRG. "In 2006 we recorded over 38,000 hyaluronic acid procedures, by 2011 there will be over 100,000 performed." MRG's Chinese Markets for Facial Aesthetics 2007 report provides coverage of key industry competitors, including Allergan, Ipsen, Fuhua, Lanzhou Institute of Biological Products, Nanfeng, Procytech, Prollenium and Rofil. About Hyaluronic Acid Hyaluronic acid is a natural polysaccharide polysaccharide: see carbohydrate. polysaccharide Any of a large class of long-chain sugars composed of monosaccharides. Because the chains may be unbranched or branched and the monosaccharides may be of one, two, or occasionally more kinds, found in the skin and connective connective - An operator used in logic to combine two logical formulas. See first order logic. tissue of humans and other living organisms. Lower levels of hyaluronic acid in humans, due to age and sunlight exposure, results in physical signs of aging, such as wrinkles. Hyaluronic acid for skin rejuvenation Rejuvenation Aeson in extreme old age, restored to youth by Medea. [Rom. Myth.: LLEI, I: 322] apples of perpetual youth by tasting the golden apples kept by Idhunn, the gods preserved their youth. [Scand. Myth. often comes in two forms: injectables and topical skin creams. Because the effects of hyaluronic acid diminish over time, patients often have two to three touchup touch·up n. The act or an instance of finishing or improving by small changes, corrections, or additions. (repeat) treatments per year, resulting in a continued source of revenue for hyaluronic acid companies. About Millennium Research Group Millennium Research Group (http://www.mrg.net/), a Decision Resources, Inc. company (http://www.decisionresources.com/), is the global authority on medical technology market intelligence and a leading provider of strategic information to the health care sector. Focused solely on the medical device, pharmaceutical, and biotechnology industries, the company provides its clients with the benefits of its specialized industry expertise through published reports and customized consulting services.
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For more information, contact:
Amy Krohn
Millennium Research Group
416-364-7776 x101
akrohn@mrg.net
CONTACT: Amy Krohn of Millennium Research Group, +1-416-364-7776 x101, akrohn@mrg.net Web site: http://www.mrg.net/ http://www.decisionresources.com/ |
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