Global Report of Botox treatment market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2016 and Foreca
Global Report of Botox treatment market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2016 and Forecast 2017-2024
Report on Botox treatment market:
Botox is a prescription medicine made from a toxin produced by the bacteria Clostridium botulinum. It can cause life-threatening food poisoning called Botulism. But Botox injections can surprisingly provide health benefits. In small doses, doctors recommends Botox treatment for overactive bladder, migraine headache, severe underarm sweating, cervical dystonia, smoothening of fine lines and wrinkles on face, etc. Due to its latter use, the Botox treatment market has been growing at an exponential rate in the cosmetics and beauty industry. The report showcase driving points, restraints, market demands, and current trends affecting the Botox treatment market. The report also provides miniscule-level information about the market size, market share and historic and current market situations.
The global Botox Treatment market is anticipated to show significant growth owing to rise in awareness of advanced applications of Botox. Increase in disposable income of emerging countries, changes in lifestyle, early aging, and increase in adoption of minimally invasive Botox Treatment procedures are expected to fuel the growth of Botox Treatment market.
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Moreover, easy accessibility to the treatments, growing affordability, huge inclination towards beauty consciousness is expected to boost the growth of Botox Treatment market. However, dearth of skilled professionals, life threatening adverse effects associated with Botox, high cost of procedure and stringent regulatory mandates for standardization of cosmetic procedures will hamper the growth of global Botox Treatment market.
The Botox Treatment Market is categorized as under-
1. Applications
• Aesthetic Treatment
• Therapeutic Treatment
2. End-users
• Hospitals
• Dermatology Clinics
• Beauty Clinics
• Spas and Salons
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And lastly on the basis of geographical regions, the global Botox treatment market is divided into Latin America, North America, Asia Pacific, the Middle East and Africa and Europe. North America rules the Botox Treatment market followed by Europe and Asia Pacific due to changes in the life style, huge healthcare expenditure, and skilled professionals present in North America region. As per Annual Plastic Surgery Procedural Statistics, in 2015 around 15.9 million cosmetic surgeries were performed in U.S. alone. Europe holds a dominant position owing to growing aging population, high technological developments in Botox treatment procedures like minimally invasive or non-invasive procedures are expected to fuel the Europe Botox Treatment market. Asia Pacific holds a potential share owing to growing population; geographical expansions by companies in APAC region, growing awareness regarding skin problems.
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Some of the key players are Merz GmbH & Co. KGaA (Germany), ALLERGAN (Ireland), Ipsen (France), Galderma (Switzerland), Pfizer (US), Lumenis (U.S.), Canbex Therapeutics, Takeda Pharmaceutical (Japan), Gal derma S/A (Switzerland), GlaxoSmithKline (UK) are name to few. Some market developments over the years includes- 2017, Allergan received U.S. FDA approval for the third indication of its BOTOX Cosmetic for temporary improvement in appearance of forehead lines associated with frontalis muscle activity in adults.
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