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Global Crows Feet Market 2022: North America and Europe to Reflect High Lucrativeness During the Assessment Period

12-12-2022 07:31 AM CET | Health & Medicine

Press release from: Persistence Market Research

Botulinum toxin, commonly known by the brand name Botox, is a type of neurotoxic protein that is used in a variety of medical and cosmetic treatments. In the case of crows feet, Botox is used as a muscle relaxant to temporarily reduce the appearance of wrinkles by preventing the facial muscles from contracting. This treatment is popular because it is relatively quick and simple, with minimal downtime or side effects. The market for Botox as a treatment for crows feet is likely to be a significant segment of the overall cosmetic and medical aesthetics market

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With increasing developments in the cosmetics and dermatology, novel solutions have been introduced to treat aging signs such as wrinkles on hands, face and around eyes (crow's feet). Being minimally invasive procedures, treatments such a Botox, dermal fillers and chemical peels have gained high recognition. The demand for crow's feet treatments is expected to increase at a moderate pace owing to increased adoption of age defying agents and effective less trauma skin treatments. Moreover, these treatments are fuelled by increasing expenditure on cosmetic procedures with rising per capita income.

As per Persistence Market Research's analysis report, the global market for crow's feet is estimated to reach a value of over US$ 800 Mn by the end of the year of assessment (2026), with the demand for the treatment to grow at a steady pace in the coming years. This growth is accelerated with the penetration of novel cosmetic non-invasive or minimally invasive procedures introduced by key players. Few of the major players actively involved in crow's feet treatment are Myoscience, Merz Pharma GmbH & Co. KGaA, Galderma S.A., Venus Concept Canada Corp., Sciton, Inc., Lumenis (Pologen), Cynosure, Alma Lasers and Allergan, Inc.

North America and Europe to Radiate Potential Growth Opportunities for Manufacturers

As per analysis presented in World Population report by United Nations Countries in Europe, North America and Asia Pacific are experiencing increasing aging rate of population. Europe has the highest percentage of aging population. The demand for crow's feet treatment in this region is expected to well at a comparatively higher rate in the coming years owing to increasing acceptance of treatments such as Botox and dermal fillers. Crow's feet market in European region is largely pushed by the adoption across countries of Germany, United Kingdom, France and Spain. These have showcased higher consumption of crow's feet treatment owing to higher occurrence of the disorder among the population. Moreover, in North America, the demand for minimally invasive treatment for crow's feet is increasing at a significant rate. The presence of major cosmetic companies in the region, coupled with favorable government support and initiatives in funding research and development in cosmetic space has pushed the sales of crow's feet treatments, especially in the United States. Asia Pacific excluding Japan (APEJ) is also a significant contributor to the growth of the global crow's feet market.

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Dermal Fillers and Botox to Gain High Demand

Dermal fillers and Botox (Botulinum Toxin) are much preferred options for treating crow's feet. Of these Botox have witnessed a higher market share as compared to dermal fillers. However, the latter is expected to witness increasing adoption owing to convenience and quicker results. The rate of adoption of dermal fillers is expected to increase at 4.2% during the period of forecast.

Sale of Crow's Feet Treatment in Dermatology Clinics to Remain at the Vanguard of Dominance

Treatments for crow's feet are widely used in dermatology clinics. A large percentage of population is preferring dermatology clinics over other facilities owing to availability of skilled dermatologists and use of high tech equipment. This has triggered the use of crow's feet treatment, especially Botox and dermal fillers across dermatology clinics in the globe. Sales of crow's feet treatment in dermatology clinics is expected to touch US$ 314 Mn by end of the assessment period (2026). In addition, the crow's feet treatment has also gained high visibility through online channels, which is expected to grow at a higher rate in the coming years.

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Key Questions Answered in This Report.

What are the Roadblocks for Crow's Feet Market Suppliers?
What are the Key Opportunities for Crow's Feet Market Manufacturers?
How is Focus on Safety Influencing Crow's Feet Market Demand?
What is the Regulatory Impact on Global Sales of Crow's Feet Market?
Which Region Offers the Largest Opportunity for Sales of Crow's Feet Market?
Where Does the U.S. Stand in the Market for Crow's Feet Market?
What Is the Outlook for Crow's Feet Market Manufacturers in China?
Why is Germany a Lucrative Market for Crow's Feet Market Manufacturers?
Why Will Belgium Outpace Other European Markets for Crow's Feet Market?
Why is There High Demand for Tires in Crow's Feet Market?
Why are Sales of Crow's Feet Market Surging?

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About Us

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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