Botulinum toxin market share by applications and regions for 2021- 2027

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Botulinum toxin market trends research and
projections for 2021- 2027

• A research study conducted by Global Market
  Insights, Inc., suggests that botulinum toxin
  market is likely to exceed the 6 billion mark by
  2027, in terms of revenue. Surge in the number of
  spas and cosmetic centers as well as increasing
  demand for minimally invasive aesthetic
  procedures may drive the supply of botulinum
  toxin in the years to come. Technological
  advancements and the multiple benefits offered by
  spas and cosmetic centers such as relaxation and
  de-stress techniques could give a boost to the
  demand for botulinum toxin.
• There is escalating awareness among people about
  these procedures as well as a high patient
  satisfaction rate driving the industry outlook.
  With more awareness about botulinum toxin
  application in cosmetic procedures, demand among
  the female population is likely to register a
  5.8 CAGR over the forecast timeframe.

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• The age group of 20-29 years is showcasing a
  robust demand for Botox surgeries as they are
  highly conscious about their physical appearance,
  and hence are opting for treatments like skin
  rejuvenation. The adoption is highest among the
  middle-aged population group given to the age
  reducing effects of botulinum procedures.

• Rising demand for minimally invasive procedures
  coupled with the significant impact of social
  media on changing beauty trends is anticipated to
  fuel product demand. In 2020, French
  pharmaceutical company, Ipsen announced the
  approval of Dysport, a botulinum toxin meant for
  the symptomatic treatment of upper limb
  spasticity in children suffering from cerebral
  palsy.

• The demand for aesthetic surgery has risen on
  account of more safety parameters, technological
  advancements, and higher reliance of patient on
  this surgery. Aesthetic surgeries exhibit
  long-lasting results coupled with minimal side
  effects. Growing number of investments in
  research development activities for the usage
  of botulinum toxin in new areas is expected to
  boost market progress.

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• Competitive Analysis

• Globally, the botulinum toxin market consists of
  firms such as Galderma S.A., Revance
  Therapeutics, Inc., Ipsen, Eisai Co. Ltd.,
  Medytox Inc., Merz Pharma, Hugel Inc., and
  Allergan. These companies are focusing on various
  business strategies like geographical expansions,
  new product launches, and acquisitions.

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ulinum-toxin-market
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