How is Increasing Geriatric Population Driving Muscle Relaxant Drugs Market?


Posted February 15, 2022 by PSMarketResearch12

Growing Disposable Income in Asia-Pacific Driving Demand for Muscle Relaxant Drugs
 
The incidence of skin diseases is rising all across the globe. In addition to this, the harmful effects of ultraviolet rays is compelling people to seek medical treatment for the damage is being caused to the skin. This along with the surging pollution, tobacco consumption, and excessive alcohol consumption reduce the elasticity of skin and makes it prone to sunburns. Furthermore, acne a major skin condition, is affecting millions of people all over the world.

All of these factors are contributing to the growth of the global muscle relaxant drugs market. Botulinum toxin-based muscle relaxant procedures are used widely for treating different kinds of skin diseases, thereby leading to the high demand for muscle relaxant drugs. The increasing disposable income of people is further allowing them to spend increasingly on aesthetic treatments. As the awareness regarding personal skin is growing, the demand for muscle relaxant drugs is rising as well.

Other than these factors, the surging geriatric population is also creating high demand for muscle relaxant drugs all across the globe. As the name suggests, these drugs help in relieving muscle pain in neck, back, and other areas of the body. Since aged people are more susceptible to diseases, owing to their immunocompromised nature and physical weakness, they often require medical assistance for dealing with ailments. Muscle relaxants are often prescribed to old people, as these drugs can help in relieving their muscle pain.

The facial aesthetics relaxants category is further divided into disport, Botox, and others, out of which, the Botox division contributed the largest revenue share to the market during the historical period. The division is expected to grow at the fastest pace during the forecast period as well, owing to the increasing adoption of Botox across the globe. Geographically, the market was dominated by North America during the historical period.

The rising utilization of facial muscle relaxant drugs and the surging geriatric population in the region are resulting in the growth of the market. Other than this, the adoption of muscle relaxants is also expected to rise in Asia-Pacific, thereby making the region the fastest-growing muscle relaxant drugs market during the forecast period. The increasing disposable income, improving healthcare infrastructure, and surging volume of surgeries are driving the regional domain.

Hence, the demand for muscle relaxants is growing due to the increase focus towards personal skin care, rising geriatric population, and surging disposable income.
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Last Updated February 15, 2022