Global Botox Market Growth 2023-2029
Botox is a neurotoxic protein produced by the bacterium Clostridium botulinum and related species. It prevents the release of the neurotransmitter acetylcholine from axon endings at the neuromuscular junction and thus causes flaccid paralysis. Infection with the bacterium causes the disease botulism. The toxin is also used commercially in medicine, cosmetics.
LPI (LP Information)' newest research report, the “Botox Industry Forecast” looks at past sales and reviews total world Botox sales in 2022, providing a comprehensive analysis by region and market sector of projected Botox sales for 2023 through 2029. With Botox sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Botox industry.
This Insight Report provides a comprehensive analysis of the global Botox landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Botox portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Botox market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Botox and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Botox.
The global Botox market size is projected to grow from US$ 4597.8 million in 2022 to US$ 9055 million in 2029; it is expected to grow at a CAGR of 9055 from 2023 to 2029.
Global botox main manufactuers include Allergan, Ipsen, Medytox, LIBP, Merz Pharmaceuticals, etc., totally holding a share for 87% of the market. North America is the largest market of botox, with a share about 63%. As for the types of products, it can be divided into 50U, 100U and others. In terms of applications, it is widely used in medical and cosmetic. The most commom application is cosmetic, with a share over 50%.
This report presents a comprehensive overview, market shares, and growth opportunities of Botox market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
50U
100U
Others
Segmentation by application
Medical
Cosmetic
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Allergan
Ipsen
Medytox
LIBP
Merz Pharmaceuticals
US World Meds
Hugel
Daewoong
Key Questions Addressed in this Report
What is the 10-year outlook for the global Botox market?
What factors are driving Botox market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Botox market opportunities vary by end market size?
How does Botox break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook