Alma Lasers (a subsidiary of Sisram Medical Ltd), Allergan (a subsidiary of AbbVie Inc.) and CANDELA CORPORATION are dominating in the Europe Aesthetic Energy-Based Device Market in 2019

Europe Aesthetic Energy-Based Device Market is expected to grow with the CAGR of 31.8% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Europe aesthetic energy-based device market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favorable market scenario.

The major players dealing in Europe aesthetic energy-based device market are introducing strong range of products provider along with launching new services and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the aesthetic energy-based device market. This helped companies to maximize the sales with enhanced service portfolio.

For instance,

  • in July 2020, Venous Concept announced the VERO Hair Full-Service Hair Restoration Solution. VERO Hair is a full-service, comprehensive solution that can help to grow the hair restoration business while delivering natural-looking results for patients. This shows that the company is focused on the enhancement of product portfolio features.

Alma Lasers (a subsidiary of Sisram Medical Ltd) is the dominating player in Europe aesthetic energy-based device market. The other key players existing in the Europe aesthetic energy-based device market includes Allergan (a subsidiary of AbbVie Inc.), Viora, CANDELA CORPORATION, Solta Medical (a subsidiary of Bausch Health Companies Inc.), Cutera, ENDYMED MEDICAL, Fotona, Lumenis, Merz Pharma, Venus Concept, LUTRONIC, Cynosure (a subsidiary of Hologic Inc.) among others.

Europe Aesthetic Energy-based Device Market

Alma Lasers (a subsidiary of Sisram Medical Ltd):

Alma Lasers (a subsidiary of Sisram Medical Ltd) is headquartered in Caesarea, Israel which was founded in 1999. The company is engaged in aesthetic and surgical market and offers products having innovative technologies based on laser, light-based, radio-frequency and ultrasound solutions. The company offers wide range of products under categories such as medical aesthetics and surgical among which medical aesthetics is the market focused category.

For instance,

  • In May 2020, Alma Lasers (a subsidiary of Sisram Medical Ltd) launched Harmony XL Pro for a One-size-fits-all solution for skin. The product Harmony XL Pro works on nearly 20 distinct lasers, light and ultrasound technologies. The company has expanded its marketing area with all features in one product.

The company has a wide global presence across the globe such as in North America, Asia-Pacific and Europe. In addition to it, the company also generates its revenue from the various subsidiary companies such as Alma Lasers GmbH (Germany), Alma Lasers Inc. (U.S.), Alma Lasers Australia Pty Ltd (Australia), Alma Korea Limited (Korea) and Alma Medical HK Limited (China) among others.

Allergan (A subsidiary of AbbVie Inc.):

Allergan (a subsidiary of AbbVie Inc.) is headquartered in Dublin, Ireland was founded in year 2013. The company is focused on developing, manufacturing and commercializing branded pharmaceutical, device, surgical and regenerative medicine products for patients around the world. The company offers various products under categories such as medical aesthetics, eyes care, central nervous system and gastroenterology among which medical aesthetics is the market focused category.

For instance,

  • In May 2020, Allergan (a subsidiary of AbbVie Inc.) announced that AbbVie has now completed the acquisition of Allergan under a scheme of arrangement. This helps the company to expand its product portfolio of leading brands of aesthetics within the market.

The company has presence in Europe, Latin America, Asia-Pacific, South America and Middle East and Africa.

CANDELA CORPORATION:

CANDELA CORPORATION is headquartered in Massachusetts, U.S. which was established in 1970. The company focuses on providing advanced energy-based solutions for various medical-aesthetic applications including treatment of benign vascular and pigmented lesions, facial resurfacing, wrinkle reduction, body shaping, women's health and tattoo and hair removal among more. The company is engaged in providing products such as nordlys, gentle pro series, picoway, vbeam prima, profound, CO2RE intima, ydun, etwo, velashape III, vbeam perfecta, sirius, elos plus, alex trivantage and exceed microneedling in which nordlys, gentle pro series, picoway, vbeam prima, profound, CO2RE intima, ydun, etwo, velashape III, vbeam perfecta are the market focused products.

For instance,

  • CANDELA CORPORATION announced the clinical study of a laser-resistant port-wine stain (PWS) earlier treated with pulsed dye laser and the highest spot size of 10 mm. Marked lightening of the PWS with no epidermal injury was seen in a skin type III male and laser-resistant PWS improvement in a skin type IV male, following 2 monthly Vbeam Prima treatments with the large 15 mm spot size. Larger spot size improves penetration and efficiency in the treatment of laser resistant port-wine stains. This study helps the company to establish beliefs among customers in the market.

The company has global presence in North America, Europe, Asia-Pacific, Middle East and Africa and South America.