Botulinum toxins are neurotoxins that attack nerves and cause muscle paralysis. A bacterium known as clostridium botulinum makes these neurotoxins. Healthcare providers use specific bacteria for medical injections. Injections of botulinum toxin block nerve signals to the muscle injected into it. Without a signal, the muscle cannot contract. The result is a reduction in unwanted facial lines or features. Botulinum toxin injections like Botox and Dysport improve the appearance by relaxing the muscles that cause wrinkles. These injections also treat migraines, hyperhidrosis, overactive bladder, and eye problems.

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According to our new research study, titled "Botulinum Toxin Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, Application, and End User," the market is expected to grow from US$ 5,307.71 million in 2021 to US$ 8,977.62 million by 2028. It is estimated to grow at a CAGR of 7.8% during 2021–2028. Factors driving the botulinum toxin market's growth are the increasing aesthetic procedures and use of botulinum toxin and the rising number of non-invasive cosmetic procedures.

In neurorehabilitation, BTX is mainly used to treat spasticity and prevent muscle contractures. Two formulations of BTX-A have been commercialized and marketed as Dysport (Ipsen Ltd., Berkshire, UK) and Xeomin (Merz, Frankfurt, Germany). Different procedures are used to manufacture BTX-A, and the drug also has different formulations and potencies, which are determined by biological assays based on their clinical use. BTX-B is distributed under the name of NeuroBloc in Europe.

BTX has revolutionized the treatment of various spastic eye disorders, facial dystonia, and periocular folds. The precise knowledge and understanding of the functional anatomy of the facial muscles are necessary for ensuring the appropriate use of BTX in clinical practice. In the future, the development of new potent toxins for increasing potency and duration of action will offer lucrative opportunities for the botulinum toxin market to expand in different regions.

The global botulinum toxin market majorly consists of the players such as AbbVie Inc.; Merz Pharma; Medytox; Sanofi; Ipsen Pharma; Galderma; Revance Therapeutics Inc.; Lanzhou Institute of Biological Products Co., Ltd.; Candela Medical; and Daewoong Pharmaceutical Co. Ltd. amongst others. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have adopted several inorganic and organic strategies to accelerate their growth and improve their market position.

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