Top Medical Aesthetics Device Companies
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Published: January 2024
Medical aesthetics market has a promising future; the success will be primarily determined by the efforts of key industry stakeholders to capitalize on the growth trends and meet consumer expectations. We analyzed over 205 companies that are engaged in offering products and devices for various medical aesthetic procedures. In this article, discover 9 top medical aesthetics device companies and their capabilities in this industry.
Medical aesthetics have revolutionized the field of skincare and dermatology by offering a number of advanced products, devices, and treatment options. Medical aesthetics are employed for the improvement of the outer appearance of an individual by treating skin abnormalities, such as scars, laxity, wrinkles, moles, pigmentation, and liver spots (age spots). These medical procedures can overcome the skin abnormalities by boosting collagen, reducing fine lines and wrinkles, lifting flabby skin, skin rejuvenation and can even treat signs of aging. In fact, medical aesthetic treatments can also help in reducing excess fat and cellulite, unwanted hair, and spider veins. These treatments typically offer results that stay for longer durations of time. As mentioned earlier, some of the treatments, such as chemical peels and liposuction can even last a lifetime, allowing people to enjoy toned and soft skin for a longer duration. Furthermore, procedures, such as body contouring, laser hair removal, breast implants and gluteal implants have shown effects that last for over a decade.
In recent years, several factors have contributed towards transforming the medical aesthetics market. The increasing geriatric and obese population, lower treatment costs and fewer risks have contributed to the popularity of these procedures. It is worth mentioning that the rising adoption of these solutions has resulted in significant uplift in the investment activity in this sector. In fact, injectables, such as Botox is expected to make significant contributions to the total revenue generation potential in this market. Moreover, the growing desire for a youthful, healthy and attractive appearance has driven the demand for procedures, such as botox, dermal fillers, liposuction and hair transplantation. Additionally, the non-invasive nature of these procedures, along with the benefits associated with them, such as fewer complications, less expenditure and quick recovery has garnered significant interest from industry stakeholders. Furthermore, the growing awareness, celebrity endorsements, and effective marketing strategies help to deal with the restrictions associated with aesthetic processes. It is interesting to note that COVID-19 pandemic has also contributed to the increased demand for these treatments. According to the American Academy of Facial Plastic and Reconstructive Surgery, the pandemic has led to a 10% increase in the number of cosmetic surgeries.
Roots Analysis has conducted an exhaustive study on Medical Aesthetics Market featuring the current market landscape and future opportunity for the companies developing products and devices for medical aesthetics, over a span of 12 years.
Table of Contents
Below, we have listed (in alphabetical order), the top 9 medical aesthetics device companies.
- Allergan Aesthetics
- Candela
- Cynosure
- Lutronic
- BTL Aesthetics
- Sinclair Pharma
- Classys
- Daeyang Medical
- Lumenis
Interested in exploring all 205+ medical aesthetic companies and their recent initiatives?
Discover Below the Details on 9 Top Medical Aesthetics Device Companies
Let us deep dive to understand the activity of the 9 top medical aesthetics device companies (shortlisted on the basis of employee base of more than 500 individuals) in the medical aesthetics market. It is essential to note that the selection of top players can differ substantially according to the defined criteria.
Allergan Aesthetics, an American Multinational Pharmaceutical Company is Sponsoring Several Projects, Initiatives and Competitions to Promote Awareness of Medical Aesthetics Market
1. Allergan Aesthetics
Allergan Aesthetics specializes in finding solutions to signs of aging by offering a broad range of soft tissue fillers and injectables. In addition, the company offers neurotoxins, non-invasive body contouring devices and products related to plastic surgery, regenerative medicine and topical skincare. It is worth mentioning that the firm has designed a program, DREAM Initiative in collaboration with Skinbetter Science® intended to eliminate racial discrimination. The initiative mainly promotes equality and focuses on embracing diversity by acknowledging all skin colors and beauty standards. In October 2023, the company launched a Reblossom Project raising awareness about breast reconstruction. In April of the same year, Allergan Aesthetics also sponsored a documentary series touching on the subject of stigma attached with plastic surgery.
Allergan Aesthetics: Company Details
| Particulars | Specificaiton |
| Company Logo |  |
| Year of Establisment | 2015 |
| Number of Employees | 1,001-5,000 |
| Headquarter |  |
Allergan Aesthetics: Medical Aesthetics Portfolio
| Key Parameters | Description |
| Type of Products/ Devices Offered |
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| Application Area |
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| Type of Procedure |
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| End-User | Hospitals / Clinics / Medical Spas |
Partnership Signed by Allergan Aesthetics Focusing on Medical Aesthetic Devices: In December 2021, Allergan Aesthetics acquired Soliton focusing on RESONIC™ Device for body contouring.
Further details on recent initiatives taken by Allergan Aesthetics as well as other details in medical aesthetic device industry have been provided in detail in the report.
Candela Received FDA Approval for Vbeam® 595 nm Pulsed Dye Laser to Treat Port Wine Stains and Hemangiomas in the Pediatric Population
2. Candela Medical
Candela is a medical aesthetic device company engaged in the development of advanced laser and energy-based solutions for various aesthetic treatments. The treatments include vascular and pigmented lesions, scar removal, facial rejuvenation, wrinkle reduction, acne reduction, spider veins, cellulite reduction, body toning, gynecological conditions, tattoo removal and hair removal. It is worth noting that the firm provides over 10 devices for the abovementioned aesthetic procedures.
Candela: Company Details
| Particulars | Specificaiton |
| Company Logo |  |
| Year of Establisment | 1970 |
| Number of Employees | 501-1,000 |
| Headquarter |  |
Candela: Medical Aesthetics Portfolio
| Key Parameters | Description |
| Type of Devices Offered |
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| Application Area |
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| Type of Procedure |
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| End-User |
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Partnership Signed by Candela Focusing on Medical Aesthetic Devices: Candela and Merz Aesthetics are working together to provide one of the broadest medical aesthetics portfolios in the world.
Further details on recent initiatives taken by Candela as well as other details in medical aesthetic device industry have been provided in detail in the report.
Cynosure, Putting all its Bets on Laser Technology for Medical Aesthetics
3. Cynosure
Cynosure is an American company, focused on the development and manufacturing of light-based medical and aesthetic laser treatment devices. It is worth highlighting that the firm has an extensive portfolio of over 25 devices intended for removal of unwanted hair, scars, fine lines and wrinkles, veins and pigmented tattoos. In addition, the company provides cosmetic eye treatment, body toning and cellulite reduction devices. These devices can be utilized by aesthetic practitioners, physicians and aesthetic business owners to enhance their service portfolio while providing novel and advanced treatment options to patients.
Cynosure: Company Details
| Particulars | Specificaiton |
| Company Logo |  |
| Year of Establisment | 1991 |
| Number of Employees | 501-1,000 |
| Headquarter |  |
| Leadership Team |
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Cynosure: Medical Aesthetics Portfolio
| Key Parameters | Description |
| Type of Offering |
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| Type of Devices Offered |
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| Application Area |
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| Type of Procedure |
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| End-User |
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Partnership Signed by Cynosure Focusing on Medical Aesthetic Devices: In June 2022, the company launched PicoSure Pro device, 755nm picosecond laser on the market, in the US.
In March 2022, Cynosure established a distribution agreement with Jeisys Medical, wherein the later company gained exclusive distribution rights of Cynosure's energy-based laser portfolio in Japan.
Further details on recent initiatives taken by Cynosure as well as other details in medical aesthetic device industry have been provided in detail in the report.
Lutronic, became a Takeover Target of Interest to a Private Equity Firm Investing in South Korean Businesses with Global Potential
4. Lutronic
Lutronic is a medical device manufacturer engaged in the development of innovative aesthetic laser systems to improve the quality of human lives and provide exceptional patient care. The laser systems provided by the company are intuitive, flexible and offer numerous settings / options for performing personalized treatments. The treatment areas, include melasma, pigmentation removal, soft tissue incision, wrinkle reduction, skin tightening, skin rejuvenation, fat reduction, chronic pain and healing. In addition, the company spends extensively in R&D, approximately 15% of their sales annually to develop advanced and customized devices for the clients.
Lutronic: Company Overview
| Particulars | Specificaiton |
| Company Logo |  |
| Year of Establisment | 1997 |
| Number of Employees | 501-1,000 |
| Headquarters |  |
Lutronic: Medical Aesthetics Portfolio
| Key Parameters | Description |
| Type of Devices Offered |
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| Application Area |
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| Type of Procedure |
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| End-User |
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Partnership Signed by Lutronic Focusing on Medical Aesthetic Devices: In June 2023, Lutronic was acquired by Hahn & Company in a deal of $735.9 million.
Further details on recent initiatives taken by Lutronic as well as other details in medical aesthetic device industry have been provided in detail in the report.
BTL Aesthetics Launched EMFACE, a Non-Invasive Facial Aesthetic Device Intended to Treat Facial Muscles, Skin and Connective Tissue
5. BTL Aesthetics
BTL Aesthetics is a European medical aesthetic equipment manufacturer having experience of more than three decades in this domain. The company primarily focuses on the development of non-invasive products for body contouring, skin tightening, cellulite reduction and other aesthetic purposes. It is worth mentioning that the firm has over 80 divisions globally and more than 6,200 aesthetic providers are associated with them. Additionally, it is interesting to note that the company’s EMSCULPT, a body contouring device has been used to perform over 2 million treatments, worldwide.
BTL Aesthetics: Company Overview
| Particulars | Specificaiton |
| Company Logo |  |
| Year of Establisment | 1993 |
| Number of Employees | 1,001-5,000 |
| Headquarters |  |
BTL Aesthetics: Medical Aesthetics Portfolio
| Key Parameters | Description |
| Type of Devices Offered |
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| Application Area |
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| Type of Procedure |
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| End-User |
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Partnership Signed by BTL Aesthetics Focusing on Medical Aesthetic Devices: In September 2020, BTL Aesthetics entered into commercialization agreement for the launch of Emsculpt Devices with the application of body contouring.
Further details on recent initiatives taken by BTL Aesthetics as well as other details in medical aesthetic device industry have been provided in detail in the report.
Sinclair Pharma Primarily Focuses on the Development and Commercialization of Various Injectables and Energy-based Devices
6. Sinclair Pharma
Sinclair is a European medical aesthetic company offering several products and devices for aesthetic procedures. In November 2018, the firm was acquired by Huadong Medicine Aesthetics Investment Limited to augment their medical aesthetics portfolio. The company, however, operates independently and has a differentiated portfolio of aesthetics products / technologies to target unmet clinical needs for efficient, natural-looking and minimally invasive treatments.
Sinclair Pharma: Company Overview
| Particulars | Specificaiton |
| Company Logo |  |
| Year of Establisment | 1971 |
| Number of Employees | 501-1,000 |
| Headquarters |  |
Sinclair Pharma: Medical Aesthetics Portfolio
| Key Parameters | Description |
| Type of Products / Devices Offered |
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| Application Area |
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| Type of Procedure |
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| End-User |
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Partnership Signed by Sinclair Pharma Focusing on Medical Aesthetic Devices: In October 2023, Sinclair’s parent company gained a license to ATGC’s under development botulinum toxin product, ATGC-110. Under the terms of the agreement Sinclair will be responsible for development and commercialization of the product in certain geographies including China, Europe, North America, Latin America, and the rest of the world.
In March 2022, Sinclair Pharma entered into licensing agreement with EMA Aesthetics for Preime DermaFacial Device.
Further details on recent initiatives taken by Sinclair Pharma as well as other details in medical aesthetic device industry have been provided in detail in the report.
Classys, Another South Korean Medical Aesthetics Company that Became a Target for M&A by Private Equity Firms
7. Classys
Classys specializes in the development of medical aesthetic technologies to offer the highly efficient and dynamic solutions to their growing customer base, globally. The company is primarily engaged in designing and development of advanced technologies to enhance and maximize the outcome of medical aesthetic procedures. In addition, the firm manufactures medical aesthetic devices in compliance with high quality standards, such as CE, Korean Food and Drug Administration (KFDA), Therapeutic Goods Administration (TGA), Brazilian Health Regulatory Agency (ANVISA) and other international legal jurisdictions.
The South Korea headquartered medical aesthetics device company was acquired by Bain Capital for a price of $560 million in January 2022.
Classys: Company Details
| Particulars | Specificaiton |
| Company Logo |  |
| Year of Establisment | 2007 |
| Number of Employees | 501-1,000 |
| Headquarters |  |
Classys: Medical Aesthetics Portfolio
| Key Parameters | Description |
| Type of Products / Devices Offered |
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| Application Area |
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| Type of Procedure |
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| End-User |
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Further details on recent initiatives taken by Classys as well as other details in medical aesthetic device industry have been provided in detail in the report.
Daeyang Medical, Another One of the Many South Korean Medical Aesthetic Device Companies Flourishing in the Medical Aesthetics Market
8. Daeyang Medical
Daeyang Medical is a medical equipment manufacturer and technical solution provider offering devices in aesthetics, physiotherapy and rehabilitation domain. In addition, the firm develops various technologies using high frequency plasma, ultrasound, electromagnetic field, and microwave approaches. It is interesting to note that the firm operates in compliance with standard quality guidelines, such as KFDA, ISO9001 / ISO13485 certified, FDA and other international certifications.
Daeyang Medical: Company Details
| Particulars | Specificaiton |
| Company Logo |  |
| Year of Establisment | 1978 |
| Number of Employees | 501-1,000 |
| Headquarters |  |
Daeyang Medical: Medical Aesthetics Portfolio
| Key Parameters | Description |
| Type of Products / Devices Offered |
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| Application Area |
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| Type of Procedure |
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| End-User |
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Further details on recent initiatives taken by Daeyang Medical as well as other details in medical aesthetic device industry have been provided in detail in the report.
Lumenis Launched TriLift™ at the 2022 AAD Annual Meeting, which is a Facial Aesthetic Stimulation Device Targeting Three Tissue Layers
9. Lumenis
Lumenis is a medical aesthetic laser manufacturer specializing in the development and commercialization of energy-based devices. These laser devices can be used for treating several ocular disorders, skin disorders and fulfilling client’s aesthetic requirements. Additionally, the firm has a broad portfolio of laser devices intended for removal of acne, scarring, pigmentation, vascular lesions, unwanted hair, nail fungus and tattoos. Moreover, the firm offers technologies for fat reduction, cellulite reduction and skin smoothening. It is interesting to note that the firm has an extensive distribution network comprising nearly 1,500 medical professionals with sales in over 100 countries, globally. It is worth highlighting that, in 2020, the firm has launched several devices, namely NuEra Tight, Stellar M22 and Quattro for treating skin irregularities, body contouring and hair removal purposes.
Lumenis: Company Details
| Particulars | Specificaiton |
| Company Logo |  |
| Year of Establisment | 1966 |
| Number of Employees | 1,001-5,000 |
| Headquarters |  |
Lumenis: Medical Aesthetics Portfolio
| Key Parameters | Description |
| Type of Products / Devices Offered |
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| Application Area |
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| Type of Procedure |
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| End-User |
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Partnership Signed by Lumenis Focusing on Medical Aesthetic Devices: In May 2021, Lumenis collaborated with Harrods Wellness Clinic for the supply of Stellar M22™.
Further details on recent initiatives taken by Lumenis as well as other details in medical aesthetic device industry have been provided in detail in the report.
What about the other Medical Aesthetic Device Companies around the world?
The above presentation features nine top medical aesthetic device companies selected from a pool of over 205 players that we have compiled. If you're interested, you can download the Sample Report on this topic by Roots Analysis. For personalized assistance in identifying the most relevant solutions based on your specific criteria, please don't hesitate to reach out to us at sales@rootsanalysis.com.
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