In the fast-evolving landscape of aesthetic laser and light therapy, 2022 witnessed the dominance of key players shaping the industry. Among them, Cynosure, a Clayton, Dubilier & Rice-owned company, claimed the leading position in the global market. Let’s delve into the highlights of Cynosure’s offerings and explore the competitive landscape with Candela and Alma Lasers.
Cynosure’s Cutting-Edge Offerings in the Global Aesthetic Laser and Light Therapy Market
The leading position in the aesthetic laser and light therapy market in 2022 was occupied by Cynosure. Cynosure’s stronghold on the market is evident through its diverse range of aesthetic laser systems. At the forefront is the PicoSure® platform, renowned for its efficacy in skin revitalization and pigmentation treatment. The company also boasts the Elite® and TempSure® platforms within the RF skin tightening segment, demonstrating its commitment to providing comprehensive solutions. The Vectus® diode laser further solidifies Cynosure’s presence in the industry, showcasing their dedication to innovation and versatility.
Cynosure’s traditional customer base consists of dermatologists and plastic surgeons, connected via a direct sales force. This has since expanded to primary care physicians, obstetricians and gynecologists. Cynosure does not offer financing to its customers, referring them instead to a third party. The company has direct sales forces in North America, Europe and Asia.
Candela’s ELOS™ Technology and Comprehensive Portfolio
As the second-leading competitor in the global aesthetic laser and light therapy market, Candela brings a unique blend of RF energy and optical energy with its ELOS™ technology. This innovative approach sets them apart in the market. Candela’s CO2RE® solution addresses a range of aesthetic concerns, including facial lines, sun spots, and acne/surgical scars, within the fractional laser market segment. The company’s portfolio extends to the VelaShape® bipolar RF system, FraxPro® diode laser, the Nordlys™ IPL system, PicoWay® picosecond laser, and the Prodound™ RF system, covering a broad spectrum of aesthetic indications. Candela’s commitment to comprehensive solutions underscores its significance in the industry.
Originally known as Syneron Candela, the company has changed its name to Candela in 2019. Following its rebranding, Candela settled infringement lawsuits with InMode and Lumenis, both related to radiofrequency laser systems. The company expanded its global presence via collaborations and merger and acquisition strategies. In 2018, Syneron Candela announced its acquisition of the Danish company, Ellipse. Ellipse was a large manufacturer of laser-based technologies and intense pulsed light (IPL) products for the aesthetic market. In 2017, Syneron Candela was acquired by Apax Partners in a deal of approximately $397 million.
Alma Lasers’ Surgical and Aesthetic Precision Lasers
Securing the third-leading position in the aesthetic laser and light therapy market, Alma Lasers, a Sisram Medical company, brings a wealth of experience and innovation. Alma’s extensive portfolio encompasses both medical lasers: aesthetic precision lasers and surgical lasers. Noteworthy products include the Sinon® II and PICO® Clear, contributing to the tattoo removal segment and showcasing Alma’s prowess in addressing diverse aesthetic needs.
Its Pixel® CO2 laser generated profits in the fractional laser market, whereas the company’s Soprano™ lasers were represented in the diode market. In the IPL segment, Alma Lasers offers its Rejuve™ system, while it offers DermaClear™ in the tattoo removal device segment. In 2018, Alma Lasers acquired its exclusive distributor, better known as Medical Nova, in Israel.
Conclusion – Global Aesthetic Laser and Light Therapy Market
The global aesthetic laser and light therapy market of 2022 witnessed dynamic competition among industry leaders, each contributing unique innovations to the landscape. Cynosure, Candela, and Alma Lasers demonstrated their commitment to pushing boundaries, offering a wide array of solutions for various aesthetic indications. As technology continues to advance, these companies play a pivotal role in shaping the future of aesthetic procedures, promising more advanced and effective treatments for consumers seeking aesthetic enhancements.
