Botox - from Medical Procedure to Household Word

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Objective

  • Determining the factors driving the adoption of invasive medical procedures for consumer application

Problem Statement

  • To derive the time to market for invasive procedures for consumer applications like
  1. Nanotechnology for skincare or hair care
  2. Stem-cell therapy

Methodology

  • We used secondary research for data collection
  • Botox procedure data has been taken from ASAPS (American Society of Aesthetic Plastic Surgeons)
  • Databases used to search articles are Factiva and Google scholar
  • Search query used is:
  • botox, botulinum toxin: to find the total number of articles published on botox
  • botox and wrinkles, botox and frown, botox and lines: to find skin care articles using botox
  • Determined the correlation between the number of articles published and number of botox procedures
  • Analyzed the articles published to determine the market drivers

Technical overview

Botox injection is a diluted form of botulinum toxin type A which is injected into facial muscles to paralyze or weaken the muscles that form wrinkles. Botulinum toxin is a medication and a neurotoxic protein produced by the bacterium Clostridium botulinum. It is the most toxic protein known with an LD50 of roughly 0.005-0.05 µg/kg.

It is sold commercially under the brand names:

  • BTXA, Dysport, Myobloc, Neurobloc and Xeomin which are used in the treatment of muscle spasms.
  • Botox Cosmetic and Vistabel are available for cosmetic treatment.

How botox procedure is performed

  • Botox procedure usually takes 5-15 minutes and there is no need for any anesthesia.
  • The procedure is not entirely painless and the small needle does sting. Some physicians may numb the area with a topical anesthetic prior to the injection.
  • Before the injections, all the sites are premarked and cleaned with an antiseptic solution.
  • The Botox is then injected.
  • It generally takes three to seven days to take full effect and it is best to avoid alcohol at least one week prior to treatment.
  • Aspirin and anti-inflammatory medications should be stopped two weeks before treatment as well in order to reduce bruising.
  • Once the procedure is performed results last anywhere from 2 to 5 months.

Botox Is commonly used to treat

  • Forehead lines
  • Crow's feet (lines around the eye)
  • Frown lines

Side effects of botox

Botox is not without side effects. However, the side effects are minor and resolve rapidly. The most common side effects include:

  • Mild nausea
  • Flu like symptoms
  • Headache
  • Redness
  • Pain at injection site


No severe side effects have been reported, but the dermatologist or medical practitioner administering botox injection should be experienced.

Source: articles.directorym

Market overview

Initially botox was marketed for its medical applications in treating various muscle-related conditions but later its marketing was broadened to include its cosmetic application—smoothing out frown lines between the eyebrows.

Y-o-Y sale of botox procedures

Botox procedures as a percentage of total cosmetic procedures