Global Botulinum Toxin Strategic Business Report 2023: Rising Demand for Non-Invasive Cosmetic Treatments Bodes Well for BTX Market

DUBLIN, July 6, 2023 /PRNewswire/ -- The "Botulinum Toxin: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

The global market for Botulinum Toxin estimated at US$5.6 Billion in the year 2022, is projected to reach a revised size of US$11 Billion by 2030, growing at a CAGR of 8.8% over the analysis period 2022-2030.

Type A, one of the segments analyzed in the report, is projected to record 8.8% CAGR and reach US$11 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Type B segment is readjusted to a revised 7.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 16% CAGR

The Botulinum Toxin market in the U.S. is estimated at US$3.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 16% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.6% and 7.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.

Select Competitors (Total 28 Featured) -

• AbbVie
• Daewoong Pharmaceutical Co., Ltd.
• HUGEL Pharma
• Ipsen Group
• Medy-Tox Inc.
• Merz Pharma GmbH & Co. KGaA
• Metabiologics, Inc.
• Revance Therapeutics, Inc.
• US WorldMeds

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• COVID-19 Disruptions Impact Botulinum Toxin Business
• Virtual Care to the Fore amid COVID-19
• Aesthetic Clinics to Follow Infection-Prevention Measures to Mitigate Risk of COVID-19 Infection Transmission
• % Rise in Migraine Attacks due to COVID-19 Pandemic for March 2020
• COVID-19 Disruptions Highlight Significance of Botulinum Toxin Therapy for Associated Medical Conditions
• Researchers Eye on Botulinum Toxin as Potential Therapeutic Option to Alleviate and Manage COVID-19 Infection
• Botulinum Toxin - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Botulinum Toxin: An Introduction
• Outlook
• Therapeutic BTX Applications Lead
• Cosmetic BTX Gradually Gains Momentum
• Factors Propelling the Cosmetic BT Market: In a Nut Shell
• Percent of Plastic Surgeons Performing Botulinum Toxin Surgical Procedures in Select Countries: 2019
• Developed Regions Dominate Botulinum Toxin Market
• Developing Markets to Drive Future Growth
• Competitive Landscape
• Intense Competition Characterizes Botulinum Toxin Market
• Market Share of Leading Players in Global Botulinum Toxin Market: 2019
• Select Approved Botulinum Toxin Products Worldwide
• Companies Entering the Fray
• Pharma Companies Eye Lucrative BT Market
• Biosimilar BTX Variants Challenge Botox's Leadership
• Lack of Differentiation among Approved BTX Products
• Comparison of Leading Neurotoxins - Botox, Dysport and Xeomin by Safety and Efficacy
• Comparison of Botox, Dysport and Xeomin by Indications and Year of Approval
• BOTOX
• Approvals and Indications of Botox in Select Regions
• Botox Therapeutic Approvals in the US by Indication
• Ipsen Counts on New Indications for Future Growth of Dysport
• Xeomin
• Merz
• Other Products
• Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Rising Demand for Non-Invasive Cosmetic Treatments Bodes Well for BTX Market
• Non-Surgical Cosmetic Procedures Worldwide (2018): Percentage Breakdown of Procedure Volumes
• Botulinum Toxin: The Preferred Solution in Facial Injectables Market
• Cosmetic Botulinum Toxin Procedures Performed Worldwide (2019): Percentage Breakdown of Procedure Volume by Gender
• Millennials: A Popular Demographic for Botulinum Toxin
• Cosmetic Botulinum Toxin Procedures Performed Worldwide (2019): Percentage Breakdown of Procedure Volume by Age Group Age Group % Share
• Therapeutic Areas and Opportunities
• Botox Therapeutic Applications Uses and Indications
• Global Therapeutic BTX Neurotoxin Market Breakdown by Therapeutic Indication (2019)
• Botulinum Toxin Remains Gold Standard for Treatment of Focal Spasticity
• Rise in the Number of Musculoskeletal Indications: Potential for Growth
• Unmet Medical Needs Encourage Off-Label Use: A Cause for Concern or Jubilation?
• Combination Therapies: A Double Whammy Success
• Botulinum Toxin: Potential Applications in Treatment of Dental Diseases
• Potential Applications in Dentistry
• Short-lived Aesthetic Effects: A Strong Business Case for Revision Treatments
• Novel Injection Systems for Highly Precise Dosage of Botulinum Toxin
• Longer Life Expectancy and Rising Disposable Incomes Propel Sales of Cosmetic BTX
• Life Expectancy at Birth in Years of People in Select Countries
• Life Expectancy at Birth (in Years) of Men and Women by Region
• Increase in Healthcare Spending Stirs Demand for BTX in Therapeutic Applications
• Current Health Expenditure (CHE) as Percentage Of Gross Domestic Product (GDP) (%): 2017
• World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
• Challenges and Issues
• Undesirable Side Effects: A Challenge to Reckon With
• Immunogenicity Undermines Patient Compliance
• Antigenicity: A Problematic Issue in Drug Development
• Potential Adverse Side Effects: A Major Barrier to Success
• Stringent Regulations Delay Market Approvals
• Higher Product Costs to Challenge Market Growth
• Consumer Skepticism: The Biggest Challenge to Beat
• Animal Cruelty:A Part & Parcel of Botox Testing

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/dmudvs

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