Middle East & Africa Botulinum Toxin Market Size & Outlook
Middle East & Africa botulinum toxin market, 2018-2030 (US$M)
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MEA botulinum toxin market highlights
- The MEA botulinum toxin market generated a revenue of USD 223.0 million in 2023.
- The market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, type a was the largest revenue generating product in 2023.
- Type A is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 223.0 million |
| Market revenue in 2030 | USD 374.5 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Type a |
| Fastest growing segment | Type A |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Type A, Type B |
| Key market players worldwide | Ipsen SA, Merz Pharma, US WorldMeds, Galderma Group AG Registered Shares, Evolus Inc, Allergan, Metabiologics, Lanzhou Institute Of Biological Products |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.0% of the global botulinum toxin market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,199.8 million by 2030.
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Botulinum Toxin Market Scope
Botulinum Toxin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa botulinum toxin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to botulinum toxin market will help companies and investors design strategic landscapes.
Type a was the largest segment with a revenue share of 98.79% in 2023. Horizon Databook has segmented the Middle East & Africa botulinum toxin market based on type a, type b covering the revenue growth of each sub-segment from 2018 to 2030.
MEA region mainly includes South Africa, Saudi Arabia, and the UAE. Middle Eastern countries such as Saudi Arabia, Qatar, UAE, Kuwait, and Oman are prospering economies. However, various factors such as the limited availability of skilled professionals and lack of awareness regarding esthetic procedures are among the factors leading to a low share of the MEA esthetic treatment market.
Moreover, the majority of the patients travel abroad for advanced treatments, which in turn may impede market growth in MEA. Moreover, some countries in African region lack healthcare infrastructure, which might hinder the market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa botulinum toxin market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa botulinum toxin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA botulinum toxin market size, by country, 2018-2030 (US$M)
Middle East & Africa Botulinum Toxin Market Outlook Share, 2023 & 2030 (US$M)
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