Press release
Muscle Relaxant Drugs Market is Expected to Witness the Fastest Growth in Asia, During 2015 – 2020
The global muscle relaxant drugs market is expected to grow with a CAGR of 5.5% during 2015 - 2020. The global muscle relaxant drugs market is growing, due to increasing aging population, increasing incidences of skin diseases and harmful effects of ultra violet radiation. In addition, the increasing usage of neuromuscular blocking agents in surgeries, and increase in disposable income are also driving the growth of the global muscle relaxant drugs market.Among the various types, the facial aesthetic relaxant segment is expected to be the largest segment and expected to witness the fastest growth during the forecast period.
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The increasing aging population is propelling the growth of the global muscle relaxant drugs market, since the elder population is more prone to illness due to low immunity levels, and high recovery time consumption. Old age is associated with the loss of fibrous tissue, and reduced vascular and glandular network in the layers of skin. In the elderly population, the appearance and characteristics of the skin gets altered, leading to wrinkles, appearance of frown lines, dryness, pigmentary alteration, and sagging of the skin. The muscle relaxant-based procedures help in reducing skin aging, thus giving younger look to a person by revitalizing and tightening the skin.
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However, the high capital expenditure, stringent regulatory requirements, and risks associated with muscle relaxants are inhibiting the growth of the global market. The tradition of online shopping for muscle relaxant drugs and their increasing usage in cosmetic industry are the major trends observed in the global muscle relaxant drugs market.
Geographically, North America dominated the global market of muscle relaxant drugs in 2014; whereas the Asian market is expected to witness the fastest growth during the forecast period.
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The key companies operating in the global muscle relaxant drugs market include F. Hoffmann-La Roche Ltd., Johnson & Johnson, GlaxoSmithKline plc, Intas Pharmaceuticals Ltd., Pfizer Inc., Galderma S.A., and Merck & Co. Inc.
GLOBAL MUSCLE RELAXANT DRUGS MARKET SEGMENTATION
By Type
Facial Aesthetic Relaxants
Skeletal Muscle Relaxants
Neuromuscular Blocking Agents
By Drug
Facial Aesthetic Relaxant Drugs
o Botox
o Dysport
o Others
Skeletal Muscle Relaxant Drugs
o Baclofen
o Methocarbamol
o Carisoprodol
o Metaxalone
o Tizanidine
o Others
Neuromuscular Blocking Agents
o Non-Depolarizing Agents
o Polarizing Agents
Breakdown by Geography
North America
o The U.S.
o Canada
o Rest of North America
Europe
o Germany
o France
o The U.K.
o Rest of Europe
Asia
o Japan
o China
o India
o Rest of Asia
Rest of the World (RoW)
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
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