Press release
Canada Aesthetic Devices Market Size, Share, Industry Growth, Leading Players and Forecast Through 2024-2031 - Candela Corporation, Bausch Health Companies Inc., Lumenis Be Ltd.
Canada Aesthetic Devices Market
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What is the projected growth rate (CAGR) of the Global Canada Aesthetic Devices market from 2024 to 2031, and what is the market value expected to change by 2031?
The Canada aesthetic devices market size was valued at US$ 595.92 million in 2022 and is estimated to reach US$ 1,149.00 million by 2031, growing at a CAGR of 8.7% during the forecast period (2024-2031).
What is Canada Aesthetic Devices Market?
Aesthetic devices are non-invasive or minimally invasive technologies used for cosmetic treatments to enhance physical appearance. They encompass a variety of tools, including lasers, radiofrequency (RF) devices, ultrasound machines, and Intense Pulsed Light (IPL) systems. These devices target concerns such as skin aging, wrinkles, pigmentation, hair removal, and body contouring. The market for aesthetic devices has grown significantly due to increasing consumer awareness and demand for cosmetic procedures. Innovations in technology have led to safer and more effective treatment options, making these devices more accessible. Aesthetic devices play a crucial role in the burgeoning beauty and wellness industry, offering solutions for both medical and cosmetic needs.
Who are the major players in the Canada Aesthetic Devices market?
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world. The prominent players in Canada Aesthetic Devices market research report are:
Cynosure Inc, Allergan (AbbVie), Candela Corporation, Bausch Health Companies Inc., Lumenis Be Ltd., Alma Lasers, Venus Concept, Zimmer Aesthetics, Viora (Sinclair Pharma), Alcon Inc., El.En Spa.
Key Development
In February 3, 2022, Sinclair, an aesthetics company and a subsidiary of Huadong Medicine Company Limited, announced its acquisition of Viora Group. This strategic move significantly enhances Sinclair's portfolio of energy-based devices (EBD) and establishes a commercial base in the United States. Viora's offerings include a range of non-invasive advanced products that utilize innovative technologies such as Intense Pulsed Light (IPL), laser, and proprietary Radio Frequency (RF) technologies. This acquisition allows Sinclair to expand its presence in the growing aesthetic devices market, providing customers with cutting-edge solutions for various aesthetic treatments. The integration of Viora's advanced devices is expected to strengthen Sinclair's position in the competitive landscape of the aesthetics industry.
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Market Segments
By Product Type: Aesthetic Laser and Energy Devices, Skin Tightening and Body Contouring Devices, Aesthetic Implants, Facial Aesthetic Devices, Others.
By Technology: Non-Energy Based Technology and Energy Based Technology.
By Application: Facial and Body Contouring, Facial & Skin Rejuvenation, Breast Enhancement, Scar Treatment, Congenital Defect Repair,Reconstructive Surgery, Hair Removal.
By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics.
The Canada Aesthetic Devices industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Key Features
➥ Leverage epidemiology insights to tailor precision diagnostics and address region-specific needs.
➥ Meet critical unmet needs in complex conditions with advanced, precise Canada Aesthetic Devices industry solutions for better diagnostics and outcomes.
➥ Stay ahead with real-time pipeline analysis, revealing the latest Canada Aesthetic Devices innovations and market trends.
➥ Optimize your offerings with competitive pricing analysis, balancing cost-effectiveness and cutting-edge tech.
➥ Protect your innovation with expert patent analysis, ensuring strategic positioning in the Canada Aesthetic Devices market.
➥ Gain an edge with comprehensive competitive intelligence, guiding informed decisions in Canada Aesthetic Devices
➥ Maximize market presence with brand share analysis, strengthening your position in the Canada Aesthetic Devices landscape.
➥ Accurately predict market demand for Canada Aesthetic Devices with precise drug sales forecasting insights.
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FAQs
What does the Canada Aesthetic Devices market report provide?
The report provides a detailed analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Active, Innovators, Start-ups, and Cutting Edge) that are anticipated to influence its future growth trajectory.
What is the scope of the market report?
The market report covers regional analysis and provides detailed insights into the Canada Aesthetic Devices market including market size, segmentation, and key players.
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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