Botulinum Toxin Market 2020 Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2026

Botulinum Toxin Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

The botulinum toxin market is poised to gain exponential growth on the back of rising adoption of non-invasive cosmetic surgeries. Botox surgeries are in high demand across developing countries. According to the American Family Physician Journal, botulinum toxin injections are considered as one of the most common procedures in the U.S. Botulinum toxin injections are used in a number of intensive physiotherapy treatments. These injections provide multiple cognitive and physical benefits like minimal risk of contracture, reduced physical deformity and lower amount of pain & discomfort.

Surging adoption of non-invasive and minimally invasive surgeries could broaden the business horizon for botulinum toxins. In fact, GMI, forecasts that the botulinum toxin market may reach USD 8.9 billion by the year 2026.

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Botulinum toxin is also widely used by numerous physicians while prescribing aesthetic medicine for cosmetic procedures. As a result, proliferating adoption of cosmetic therapies could boost the sales of the product. Meanwhile, the development of novel products and technological innovations could help lower overall costs of the product.

Asia Pacific comprises of a large share of population seeking for innovative cosmetic procedures to maintain their aesthetic appearance. Presence of large scale customer base could proliferate the adoption of botulinum toxins. Factors like increasing social awareness, accessibility to new technologies, and rising adoption of botulinum toxin products might support the regional market growth. India is a major market owing to tremendous rise in the number of non-surgical procedures and plastic surgeries.

Companies operating in the botulinum toxin industry are focusing on implementing key strategies like acquisitions, business expansions and novel product launches to maintain a competitive edge over other related firms. Taking August 2020 for instance, Merz Therapeutics received FDA approval for its botulinum toxin therapy, Xeomin. According to reports, the therapy would be effective against upper limb spasticity.

Currently, firms like Eisai Co, Revance Therapeutics Inc, Hugh source international ltd., Hugel Inc, Allergan, Galderma S.A., Medytox Inc, Merz Pharma, and Ipsen are pioneering the industry landscape with their innovative products and services. 

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Partial Chapter of the Table of Content 

Chapter 4.  Botulinum Toxin Market, By Product

4.1. Key segment trends

4.2. Botulinum Toxin A

4.2.1.  Market size, by region, 2015 - 2026 (USD Million)

4.3. Botulinum Toxin B

4.3.1.  Market size, by region, 2015 - 2026 (USD Million)

Chapter 5.  Botulinum Toxin Market, By Application

5.1. Key segment trends

5.2. Medical

5.2.1.  Market size, by region, 2015 - 2026 (USD Million)

5.3. Aesthetic

5.3.1.  Market size, by region, 2015 - 2026 (USD Million)