With greater disposable income in developing economies and growing interest in cosmetic surgery on the part of men, the global cosmetic surgery market is expected to record a CAGR of almost 7% by 2020. As the demand grows, so will the number of offerings, especially in the non-invasive and minimally-invasive categories. Non-invasive cosmetic surgery has become incredibly desirable, as it requires minimal downtime and is far less costly than invasive procedures. Further, advancements in medical technology have led to the development of powerful lasers and other devices, which have made complex procedures far simpler. Expect to see increased competition between vendors resulting in more cosmetic surgery options being made available on the market.
In this blog, we identify some of the key and prominent vendors in the global cosmetic surgery market.
Key vendors
Allergan
Allergan plc, headquartered in Dublin, Ireland is a global pharmaceutical company and a leader in a new industry model – Growth Pharma. Allergan is focused on developing, manufacturing and commercializing branded pharmaceuticals, devices and biologic products for patients around the world. Allergan markets a portfolio of leading brands and best-in-class products for the central nervous system, eye care, medical aesthetics and dermatology, gastroenterology, women’s health, urology and anti-infective therapeutic categories.
Cynosure
Cynosure is a leading developer and manufacturer of a broad array of light-based aesthetic and medical treatment systems. Its products are used to provide a diverse range of treatment applications such as hair removal, skin revitalization and scar reduction, as well as the treatment of vascular lesions.
Merz Pharma
Merz Pharma is an independent international aesthetics and neurotoxin company with its own research and development capabilities. Its continued growth and market leadership in aesthetics and neurotoxins is the result of a drive for innovation and strategic acquisitions. As a privately-held and family-owned company with a 100 year-plus history, Merz brings an unwavering focus to the specialties it serves.
Galderma
Galderma is a global dermatology company committed to delivering innovative medical solutions to meet the needs of people throughout their lifetime while serving healthcare professionals around the world. The company has 34 wholly-owned affiliates and a worldwide network of distributors, more than 5,000 employees and an extensive product portfolio available in 80 countries.
Valeant Pharmaceuticals
Valeant Pharmaceuticals International, Inc. is a multinational, specialty pharmaceutical and medical device company anchored by a collection of world-class franchises and 22,000 employees worldwide. Valeant develops, manufactures and markets a broad range of branded, generic and branded generic pharmaceuticals, over-the-counter (OTC) products and medical devices, which are marketed directly or indirectly in more than 100 countries.
Other prominent vendors
Alma Lasers
Alma Lasers is a global innovator of laser, light-based, radiofrequency and ultrasound solutions for the aesthetic and surgical markets. Alma Lasers has been at the forefront of multi-technology systems, revolutionizing existing treatment methods and working to serve the varied and growing needs of both patients and practitioners around the world.
BTL Industries
Founded in 1993, BTL has grown to become one of the world’s major manufacturers of medical equipment. BTL’s major segments include physical therapy, cardiology and medical aesthetics.
Cutera
Cutera was established in the San Francisco Bay Area in 1998 by veteran laser and optical engineers. As the pioneer of Nd:YAG technology, CUTERA® is the trusted authority in Face + Body energy-based medical aesthetic technologies that practitioners around-the-world turn to for innovation, sophistication and performance
Erchonia
Founded in 1996, Erchonia Corporation’s commitment to the legitimate advancement of Low Level Laser Therapy (3LT®) through scientific and clinical research has transformed the company into a world leader in the field of LLLT technology. Its product portfolio includes lasers, stands, percussors, and adjusters.
Genesis Biosystems
Founded in 2001, Genesis Biosystems is based in the Dallas, Texas area. The company manufactures market leading microdermabrasion systems and has developed other innovative devices for the medical and surgical markets. Genesis Biosystems is focused in two specific areas; the surgical Fat Grafting market and the non-invasive skin rejuvenation market, and distributes worldwide through a network of international distributors.
Lumenis
Lumenis is a global leader in the field of minimally-invasive clinical solutions for the Surgical, Ophthalmology and Aesthetic markets, and is a world-renowned expert in developing and commercializing innovative energy-based technologies, including Laser, Intense Pulsed Light (IPL) and Radio-Frequency (RF). Lumenis has successfully created solutions for previously untreatable conditions, as well as designed advanced technologies that have revolutionized existing treatment methods.
Suneva Medical
Suneva Medical partners with aesthetic providers to build practices by providing unique aesthetic products that deliver patient satisfaction and build customer loyalty. Suneva Medical was formed in April 2009 and is backed by HealthCare Royalty Partners, a global investment firm investing in promising healthcare companies. Following its inception, Suneva Medical acquired its first asset, Bellafill®.
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