Global Botox Market by Types, Applications, Genders, Age Groups, End-uses, and Regions— Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The Global Botox Market is valued to reach USD 8500 Million by 2024, growing at CAGR of 13.2% over the forecast period 2020–2026. Growing geriatric population, increased interest in improving physical appearance, development of less invasive treatments, increased awareness and lower risk compared to surgical procedures are the key factors driving the market growth.

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Bortox is primarily used in popular cosmetic treatments including stopping excessive sweat in the world. Other than that it is is very helpful in the treatment of many medical conditions such as lazy eye, and cervical dystonia. It is also now being used to treat excessive sweating from the hands and underarms, chronic migraine, overactive bladder, uncontrollable blinking and cervical dystonia — a neurological disorder that causes severe neck and shoulder muscle contractions.With more than six million Botox treatments administered every year, it is the most popular cosmetic surgery treatment in the world. It is also well known as a safe and effective wrinkle treatment aiming to reduce the appearance of wrinkles and lines in our faces.

Botox injections work by weakening or paralyzing certain muscles or by blocking certain nerves. The effects last about three to twelve months, depending on what you are treating. The most common side effects are pain, swelling, or bruising at the injection site. Other possible side-effects are mild pain, numbness, headache, mild nausea, flu-like illness, double vision, bleeding, blurred vision, dry mouth, fatigue and rashes, flu-like symptoms, and upset stomach. Botox effect lasts for 4–6 months. If patience decides to discontinue with Botox injections, the muscles in treated area will begin to function normally again — and the ageing process will too.

Market Overview

High demand for minimally invasive procedures
Increase in need to look esthetically appealing
Side effects caused due to allergic reactions
High cost of Botox injection
Poor reimbursement coverage
R&D by companies
Rise in use of Botox for treating medical problems such as muscle spasms and leaky bladder