Saudi Arabia Botulinum Toxin Market Size & Outlook
Saudi Arabia botulinum toxin market, 2018-2030 (US$M)
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Saudi Arabia botulinum toxin market highlights
- The Saudi Arabia botulinum toxin market generated a revenue of USD 48.2 million in 2023 and is expected to reach USD 82.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.9% 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.
Botulinum toxin market data book summary
| Market revenue in 2023 | USD 48.2 million |
| Market revenue in 2030 | USD 82.1 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Type a |
| Fastest growing segment | Type A |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Saudi Arabia accounted for 0.4% of the global botulinum toxin market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa botulinum toxin market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 143.6 million by 2030.
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Botulinum Toxin Market Scope
Botulinum Toxin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 98.76% in 2023. Horizon Databook has segmented the Saudi Arabia botulinum toxin market based on type a, type b covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is a country with very high living standards. Saudi Arabia facial injectable market is growing at a rapid rate owing to increased acceptance of facial esthetic procedures. Key drivers of the market include growing esthetic & health consciousness, increasing adoption of technologically advanced products, and rising awareness about ingredients used in products.
Owing to reforms, women are now allowed to work in Saudi Arabia, which directly affects disposable income, leading to a rise in expenditure on personal care. Treatments such as filler injections, lip corrections, and face lifts are mostly available in Riyadh & Jeddah as these cities have well-developed healthcare infrastructure. Galderma SA, Allergan, Merz, and Sinclair are among the major players operating in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia botulinum toxin market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia botulinum toxin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia botulinum toxin market size, by product, 2018-2030 (US$M)
Saudi Arabia Botulinum Toxin Market Outlook Share, 2023 & 2030 (US$M)
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