iData Research Announces its Report regarding the European Cosmetic Industry
A new report from iData Research recently came to light! iData Research reports that the total value of the European cosmetic market is at EUR 869.4 million.This industry includes Botox, implants, dermal fillers, light and laser devices etc.
The research was conducted in 15 European countries. Botulinum toxin A (Botox) is the most rapidly growing segment, followed by breast implants. Dr. Kamran Zamanian, iData’s CEO reports: “In particular, the market for aesthetic botulinum toxin will continue to increase at a double digit CAGR over the next few years,” says Dr. Kamran Zamanian, CEO of iData.
It is also impressive that we had almost a two-digit increase on Botox procedures in a 12-month period. The report shows that Italy and Spain lead the European Cosmetic Market (a trend that was even more powerful pre recession, while Italy has the highest density of Plastic Surgeon comparing to any other european countries.
The pharmaceutical companies that lead the European Cosmetic market is Allergan (while it holds 75% of the total market for Botulinum Toxin A) followed by Mentor Worldwide (there is high demand on their Breast Implants). Finally, Zeltiq (the manufacturers of the amazing Coolsculpting), Cynosure, Syneron, Palomar, Ulthera and a few other companies keep a high percentage of the european cosmetic market!