Analysts have previously signaled that market share for Allerganโ€™s top-selling Botox should be safe even after new competitors show up. But new survey results indicate otherwise.

ย A poll of 100 high-volume U.S. aesthetic physicians,ย conducted by Bernstein, suggests that forthcomingย entrants from Revance, Evolus and Hugel could grab up to 33% to 34% of the market, Bernstein analyst Ronny Gal wrote to clients Thursday. Revance would capture the lionโ€™s share at 18%, with the other two companies splitting a 13% share, according to the results.

Those figures arenโ€™t exactly in line with Galโ€™s own model, which puts market penetration for the newcomers at 19% altogether. But he and his colleagues โ€œexpect Botox to also lose pricing power,โ€ slowingย the productโ€™s compound annual growth rate to 4%, compared with the 12% itโ€™s seen over the last five years.