Botulinum toxin is known as one of the most poisonous biological substance. It is a neurotoxin produced by the bacterium Clostridium botulinum. There are seven distinct forms of botulinum toxin, types A–G. Four of these (types A, B, E, and rarely F) cause human botulism. Botulinum toxin A and B are used for therapeutic and aesthetic procedures. The increasing cases of spasticity, cervical dystonia and chronic migraine, surge in demand for facial aesthetic, and rising number of product launches and approvals by key players are likely to drive the growth of the global botulinum toxin market during the forecast period.

Botulinum Toxin Market size is expected to register a CAGR of 10.3% during the forecast period, with a market value of USD 9,442.93 Million by 2025.

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Key Players:

MRFR recognizes the following companies as the Key Players in the Global Botulinum Toxin Market— Allergan PLC, Merz Pharma GmbH Co KGaA, Galderma S.A., Daewoong Pharmaceutical Co., Ltd, Ipsen Pharma, US WorldMeds, LLC. (Solstice Neurosciences, LLC), Evolus, Inc., Hugel, Inc, Medytox, Revance Therapeutics, Inc., and others.

The Botulinum toxin research international Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East Africa.

The Americas is likely to hold the largest share of the global botulinum toxin market. The Americas is divided into North America and Latin America. North America has been further subdivided into the US and Canada. The increasing product approvals, rising cases of spasticity, and the presence of major manufacturers such as US WorldMeds, LLC., Evolus, Inc., Hugel, Inc., and Revance Therapeutics, Inc. in the region are expected to drive the market growth in this region.

Europe established substantial growth in the market owing to rising botulinum toxin procedures and the presence of developed economies such as Germany, the UK, and France. Additionally, there is an increasing demand for minimally invasive cosmetic procedures to enhance the young-looking appearance, which in turn is driving the growth of the market in this region.

Asia-Pacific is estimated to be the fastest-growing region in the global market due to the growing geriatric population, rising per capita disposable income, developing healthcare infrastructure, medical tourism, booming entertainment industry, and rising investments by major players in the regional market are likely to drive the growth of the market.

The botulinum toxin market in the Middle East Africa is expected to grow due to the rising awareness about botulinum toxin coupled with developing healthcare infrastructure and rising demand for products from countries like Saudi Arabia and UAE.

The Global Botulinum Toxin Market has been segmented:

• By Type
  • Type A
  • Type B
• By Application
  • Therapeutic application
  • Aesthetics applications
• By End-user
  • Dermatology centers
  • Hospitals clinics
  • Others

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1 EXECUTIVE SUMMARY

1.1 OVERVIEW 16

1.1.1 MARKET SYPNOSIS 16

2 MARKET INTRODUCTION

2.1 SCOPE OF THE STUDY 17

2.2 RESEARCH OBJECTIVE 17

2.3 LIST OF ASSUMPTIONS 17

3 RESEARCH METHODOLOGY

3.1 OVERVIEW 19

3.2 DATA MINING 19

3.3 SECONDARY RESEARCH 20

3.4 PRIMARY RESEARCH 21

3.4.1 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS 22

3.5 BREAKDOWN OF PRIMARY RESPONDENTS 23

3.6 FORECASTING METHODS 24

3.7 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 25

3.7.1 BOTTOM-UP APPROACH 26

3.7.2 TOP-DOWN APPROACH 26

3.8 DATA TRIANGULATION 27

3.9 VALIDATION 27

4 MARKET DYNAMICS

4.1 OVERVIEW 28

4.2 DRIVERS 29

4.2.1 RISING CASES OF SPASTICITY, CERVICAL DYSTONIA, AND CHRONIC MIGRAINE 29

4.2.2 GROWING DEMAND FOR FACIAL AESTHETICS 29

4.2.3 INCREASING PRODUCT LAUNCHES AND APPROVALS 30

4.3 RESTRAINTS 31

4.3.1 ADVERSE EFFECTS ASSOCIATED WITH BOTULINUM TOXIN 31

4.3.2 POOR REIMBURSEMENT POLICIES 32

4.4 OPPORTUNITIES 33

TOC Continued...

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