Botulinum Toxin Market - Global Industry Analysis

Botulinum Toxin Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Report Code: ZMR-5716 Status : Upcoming

Description

Global Botulinum Toxin Market: Overview

Botulinum toxin (BNT) is a kind of neurotoxic protein produced through the bacterium Clostridium botulinum and several other species. It has seven forms of antigen - BNT - A, B, C, D, E, F, and G. It protects the release of the neurotransmitter acetylcholine at the neuromuscular junction from the axion endings that aids in causing flaccid paralysis. This toxin is known to cause botulism. The toxin is utilized in the making of cosmetic and medical purposes.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Botulinum Toxin Market: Growth Factors

The global botulinum toxin market is anticipated to grow significantly with a high CAGR during the forecast period. The surging population specifically between 25-65 years of age is boosting the demand for the botulinum toxin. Moreover, the growing demand for invasive and noninvasive methods is driving the growth of the global botulinum toxin market. The growing investments in the BNT field to develop the new methods are fueling the market growth globally. The research and developments activities to grow the therapeutic use of BNT are posing new lucrative opportunity in the global botulinum toxin market. The recent research concludes that BNT can also be utilized in autonomic disorders like detrusor sphincter, hypersecretory disorders, and many others has increased the demand for BNT in the market. The advancing quality of the professional services and availability of many effective minimally invasive surgeries by skilled aestheticians are contributing vigorously toward the growth of the global botulinum toxin market. The technological advancements like the launch of new cost-effective & qualitative aesthetic products, early aging population, and surging incidences of the aesthetics problems like lateral canthal & crow’s foot are bolstering the growth of the market. The growing disposable income of the people is also fueling market growth. The growing awareness of the people regarding their appearances is anticipated to boost the growth significantly during the forecast period.

Global Botulinum Toxin Market: Segmentation

The global botulinum toxin market can be segmented into end-use, application, age group, gender, product, and region.

By end-use, the market can be segmented into hospitals, spas & cosmetic centers, and dermatology clinics. The dermatology clinic accounts for the largest share in the global botulinum toxin market owing to the surge in the number of dermatology procedures across the world.

By applications, the market can be segmented into medical and aesthetic.

By age group, the market can be segmented into 55 and above, 40-54, 30-39, 20-29, and 13-19. The age group 20-29 holds dominance over others. The social media influence is majorly seen in this age group and hence the segment is projected to grow vigorously.

By gender, the market can be segmented into male and female. The female holds hegemony over others owing to the growing consciousness of female about their appearances.

By product, the market can be segmented into Botulinum toxin B and Botulinum toxin A. The Botulinum toxin A holds the largest share in the global botulinum toxin market due to the increasing application in the aesthetic and medical field coupled with the surge in the interest of various manufacturers to develop new products.

Global Botulinum Toxin Market: Regional analysis

North America holds the largest share in the global botulinum toxin market due to the increasing disposable income of the people coupled with the greater influence of social media on society in the region. The technological advancement in the region in the aesthetic field is also contributing to the regional market growth.

Asia Pacific is anticipated to witness huge growth with high CAGR during the forecast period due to the surging technological advancements in the region.

Global Botulinum Toxin Market: Competitive Players

Some of the significant players in the global botulinum toxin market are Pfizer Inc, AbbVie, Evolus, Inc, Eisai Co., Ltd, Ipsen Group, US WorldMeds, LLC, Revance Therapeutics, Inc, Hugel, Inc, Lanzhou Institute of Biological Products Co., Ltd, Galderma, Medytox, Merz Pharma, and Allergan.

Global Botulinum Toxin Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The global botulinum toxin market is anticipated to grow significantly with a high CAGR during the forecast period. The surging population specifically between 25-65 years of age is boosting the demand for the botulinum toxin. Moreover, the growing demand for invasive and noninvasive methods is driving the growth of the global botulinum toxin market.

 

Some of the significant players in the global botulinum toxin market are Pfizer Inc, AbbVie, Evolus, Inc, Eisai Co., Ltd, Ipsen Group, US WorldMeds, LLC, Revance Therapeutics, Inc, Hugel, Inc, Lanzhou Institute of Biological Products Co., Ltd, Galderma, Medytox, Merz Pharma, and Allergan.

North America holds the largest share in the global botulinum toxin market due to the increasing disposable income of the people coupled with the greater influence of social media on society in the region. The technological advancement in the region in the aesthetic field is also contributing to the regional market growth.

 

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