Botox Market

Overview of Global Botox Market:

This report provides in-depth study of “Global Botox Market 2021” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Botox Market report also provides an in-depth survey of key players in the market organization.

The Global Botox Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Botox market size to maintain the average annual growth rate of 0.0752800064056 from $3.2 Billion in 2015 to $4.6 Billion in 2019, market analysts believe that in the next few years, Botox market size will be further expanded, we expect that by 2025, The market size of the Botox will reach $8.3 Billion.

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According to the market research study, Botox is actually the trade name for a drug that made from a toxin produced by the bacterium Clostridium botulinum. As per the American Society of Plastic Surgeons (ASPS), in 2018, there were more than 17.7 million surgical and minimally-invasive cosmetic procedures performed in the United States. In 2018, 15.9 million cosmetic minimally-invasive procedures were performed, out of which 7.44 million procedures used botulinum toxin type A during procedure.

Some of the most important key factors driving the growth of the Global Botox Market are increasing inclination towards cosmetic procedures for several aesthetic treatments, rapid growth in adoption rate by geriatric individuals, and increasing preference of minimally invasive & noninvasive aesthetic procedures.

In the end, the report makes some important proposals for a new project of Botox Market before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2025 global Botox market covering all important parameters.

Global Key Vendors:

1 Allergan

2 Ipsen

3 Merz Pharmaceuticals

4 Medytox

5 US World Meds

6 LIBP and More…………………

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Product Type Segmentation

1 50U

2 100U

Industry Segmentation

1 Medical

2 Cosmetic

International Medical Industry News:

Medytox (March 09, 2021) – Medytox Korea launches’Neuradum Cream MD’, a medical device to apply – Medytox’s domestic sales subsidiary Medytox Korea (CEO Kihyuk Yang) announced on the 9th that it will release ‘Neuradum Cream MD’, a medical device that protects skin barriers damaged by various external stimuli such as burns (1 degree) or dry environments.

Neuroradum Cream MD forms a physical protective film on the damaged skin barrier to help maintain moisture and protect the skin, as well as strengthening the moisturizing power by containing various moisturizing ingredients, patented herbal extracts, and natural plant extracts.

Neuroradum Cream MD, which has been certified by the Korea Medical Device Safety Information Service under the Ministry of Food and Drug Safety, is produced and shipped after a strict manufacturing process and quality inspection in accordance with GMP (manufacturing and quality control standards) for medical devices. In addition, when prescriptions are received at hospitals and clinics, actual insurance claims can be made according to the insurance policy, and can be purchased through online channels.

Neuroradum Cream MD has also proven its safety through various tests. In the skin irritation test of KTC, an internationally recognized testing and certification body, it received a skin irritation index of 0.0, and it was confirmed that there was almost no irritation as it obtained a grade of 0 in the skin sensitization test that checks for adverse reactions such as allergies and rashes. The Korea Institute for Chemical Convergence Testing (KTR) has also completed testing without adding harmful ingredients such as 43 steroids and 7 parabens.

An official from Medytox Korea said, “Because the skin barrier is the first line of defense that regulates the moisture and nutrition of the skin and protects the skin from external irritation, efforts to protect it are more important in these changing seasons.” Specialized Neuroradum Cream MD is a medical device product that has been produced through strict manufacturing processes and quality inspections so that the whole family can use it safely, and has been proven to be safe through an authorized institution.”

Meanwhile, Medytox Korea is spurring the expansion of the product line of the derma cosmetic brand ‘Neuradum’ and entering the global market. Medytox Korea obtained hygiene license for skin booster ‘Neuradrm Anti-wrinkle Ampoule’ from the China Drug Administration (NMPA) in September last year, and ‘Neuradrm MBT NMPS’ ampoule 1 It plans to expand its business area to Europe by acquiring European CPNP licenses for two types of mask packs, such as Jong and ‘Neuradum MVT Hydration Fit Mask’.

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Major Points in Table of Contents:

Global Botox Market Report 2021

1 Botox Product Definition

2 Global Botox Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Botox Shipments

2.2 Global Manufacturer Botox Business Revenue

2.3 Global Botox Market Overview

2.4 COVID-19 Impact on Botox Industry

3 Manufacturer Botox Business Introduction

3.1 Allergan Botox Business Introduction

3.2 Ipsen Botox Business Introduction

3.3 Merz Pharmaceuticals Botox Business Introduction

3.4 Medytox Botox Business Introduction

3.5 US World Meds Botox Business Introduction

3.6 LIBP Botox Business Introduction

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