Global Botulinum Toxin Industry Analysis & Forecasts to 2023 - FDA Approval for New Indications Presents Lucrative Opportunities

World News: . []

Dublin, Dec. 03, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering.

The global botulinum toxin market has increased at a significant annual growth rate in 2018 as compared to the preceding year 2017 and projections are made that the market would rise in the next five years i.e. 2019-2023 tremendously.

On the basis of product, type the market is divided into Botox, Xeomin and Dysport. The market can be segmented on the basis of application as therapeutics and cosmetic/aesthetic, of which therapeutics govern the market.

The major growth drivers for the botulinum toxin market are an ageing population, escalating numbers of surgeons, upsurge in facial aesthetics procedures, the rising alternative of non-surgical procedures, increasing healthcare spending in emerging markets. Despite the market is governed by various growth drivers, there are certain challenges faced by the market such as potential health risk associated with botulinum toxin and botulinum toxins as bioterror threat.

FDA approval to Botulinum Toxin for new indications, rise in medical tourism, reduced safety concerns and simple and instant characteristic and scope of botulinum toxin in the treatment of Necrotizing Fasciitis are some of the latest trends existing in the market.

The competition in the global botulinum toxin market is stiff and dominated by big players like Allergan. Further, key players of the botulinum toxin market Ipsen and Revance are also profiled with their financial information and respective business strategies.

For more information about this report visit

Research and Markets also offers services providing focused, comprehensive and tailored research.


CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

More news and information about Research and Markets

Published By:

Globe Newswire: 09:38 GMT Tuesday 3rd December 2019

Published: .

Search for other references to "global" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
 
Privacy Policy | Terms and Conditions | Contact Us