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Europe Botulinum Toxin Market Forecast 2021-2028

KEY FINDINGS

The Europe botulinum toxin market is projected to develop with a CAGR of 5.16% across the forecast years of 2021 to 2028. Some of the key factors fueling the region's market growth include the rising requirement for noninvasive procedures from western Europe as well as the growing interest from Eastern European nations, increased medical tourism, and the moderate impact of regulations.

MARKET INSIGHTS

The Europe botulinum toxin market growth analysis entails the in-depth study of France, Belgium, Italy, Poland, Russia, the United Kingdom, Germany, and the rest of Europe. While non-surgical injectables are continually gaining traction in France, the popularity of facial injectables observes a significant increase, as well. In addition to the expansion of cosmetic clinics, the rising numbers of cosmetic practitioners are anticipated to further propel the market growth over the upcoming years. Furthermore, in 2016, nearly 258,438 non-surgical aesthetic procedures were performed in the country, out of which more than 101,400 were botulinum toxin procedures.

On the other hand, one in every ten patients applying for cosmetic surgery in Italy is a tourist. In this regard, individuals from countries such as Switzerland, Romania, and Russia visit the country for aesthetic procedures, owing to the pristine eminence of medical services and facilities. The Italian Association of Aesthetic Plastic Surgery (AICPE) also signed an ¬Ďaesthetic alliance' with the International Society of Aesthetic Plastic Surgery (ISAPS) for the development of high-quality cosmetic surgeries, delivering higher patient safety. As a result, these factors are set to facilitate the botulinum toxin market growth in Europe during the forecasted period.

COMPETITIVE INSIGHTS

Leading companies operating in the market are Ipsen Pharma, Allergan PLC, etc.

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Europe Botulinum Toxin Market Forecast 2021-2028
Published By :Inkwood Research
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