R&D
R&D
RESEARCH FIELDS
Genetox strives to develop products that can make people healthier and happier.
The company is relentlessly undertaking research to do more than just keep customers satisfied.
The company is relentlessly undertaking research to do more than just keep customers satisfied.
Genetox Labs bring forth total solutions that encompass
bio, beauty, cosmetic surgery, and medical technologies to realize "healthy beauty."
Globally speaking, botulinum toxin formulations for therapeutic and cosmetic uses account for approximately 60% and 40% of the market, respectively, and this trend is expected to continue in the future. The key reason for the growth of the botulinum toxin market is that it is more widely used to treat chronic diseases.
Botulinum toxin
market size
Botulinum toxin is used mostly for cosmetic purposes (approx. 90%) in Korea, such as diminishing the appearance of frown lines and square jaws (benign masseteric hypertrophy). In the global market, however, botulin toxin for therapeutic uses account for about 60% of the market.
To be more specific, therapeutic uses account for 53% of the $6.5 billion global botulinum toxin market, as of 2023, and the share of the therapeutic market is expected to grow even further by 2031.
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