Select Language
The latest report by IMARC Group, titled “Botulinum Toxin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” finds that the global botulinum toxin market exhibited moderate growth during 2015-2020. Botulinum toxin is a neurotoxin produced by the bacterium clostridium botulinum, an anaerobic, gram-positive, spore-forming rod found in plants, soil, water and intestinal tracts of animals. It is utilized by healthcare professionals in small doses to treat medical conditions such as focal dystonia, hemifacial spasm, headaches, hypersalivation, and spastic movement disorders. In addition, it has various cosmetological applications, including correction of fine lines, creases and wrinkles on the face, chin, neck, and chest.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.??
Global Botulinum Toxin Market Trends:
The market is primarily driven by the increasing prevalence and diagnosis of chronic and acute diseases as botulinum toxin is widely used in the treatment of dermatological conditions, such as overactive smooth muscles, abnormal activity of glands, and hyperhidrosis. In addition, it is utilized in the treatment of overactive bladder, urinary incontinence, chronic migraines, eyelid spasms and crossed eyes. Moreover, the rising beauty consciousness among individuals, and the willingness to undergo reconstructive and cosmetic surgeries, is positively influencing the market growth. Besides this, the growing geriatric population is also escalating the product demand as the skin becomes more susceptible to wrinkles and sagging with age. Furthermore, other factors, including the emerging trend of cosmetic tourism, the growing influence of social media, rapid urbanization, and inflating per capita incomes, are also contributing to the market growth. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during the forecast period (2021-2026).???
Market Summary:
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91-120-433-0800 )
Drop us an email at
sales@imarcgroup.com