Top 5 Vendors in the Global Cosmetic Surgery Market
Nothing
explains the importance of looks, like the growth of the global cosmetic
surgery market. From
enhancing one’s confidence level, to be a major game changer in professional
and social situations, cosmetic surgery is seen by many as that one magic
element which can influence and bring in positive changes in life. Non-invasive surgeries along with facelift, breast augmentation,
rhinoplasty, liposuction, tummy tuck, and laser treatments are some cosmetic
processes which are quite high in demand. The cosmetic surgery market size will grow by USD 10.56 billion during 2019-2023. The report analyzes the market’s competitive landscape and offers information on several companies including ALLERGAN, Bausch Health, Galderma laboratories, Hologic Inc., and Merz Pharma.
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1) Allergan
A global pharmaceutical company, Allergan focuses on developing,
manufacturing, and commercializing branded pharmaceuticals, devices, and
biologic products for patients around the world. Based in Dublin, Ireland,
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.
Allergan has established a strong brand image in the cosmetic
surgery market with its flagship brands. It key brands include BOTOX Cosmetic
and JUVÉDERM in the facial aesthetics category; Natrelle in the breast
augmentation and construction category; and LATISSE in the other non-surgical
cosmetic brands category.
2) Merz Pharma
Headquartered in Frankfurt, Germany, Merz Pharma specializes in
OTC and prescription creams, ointments and injectables in the fields of
dermatology, neurology, and metabolic disorders. Aesthetics and Neurotoxins are
the two core businesses Merz has been consistently working on.
Merz Pharma has a broad product portfolio in the cosmetic
surgery market. It manufactures and sells a wide range of products and
solutions in the field of aesthetic medicine. It engages in the development and
distribution of new products in the areas of aesthetic medicine and
dermatology. Its key product offerings include Anteis, Belotero, RADIESSE, and
ETERMIS; and Neurotoxins like Botulinum.
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3) Galderma
Galderma is a global dermatology company collaborating with
healthcare professionals to provide innovative medical solutions to patients
with skin health needs. The company has 35 wholly-owned
affiliates and a worldwide network of distributors, and an extensive
product portfolio available in more than 100 countries.
The company offers a wide range of products and solutions in the
cosmetic surgery market with its well-established brands. Its key product
offerings include Benzac for the treatment of acne; Calmurid and Cetaphil for
the treatment of dry skin; Dysport for the treatment of glabellar lines; and
Emervel for the treatment of facial lines, and for lip enhancement; Macrolane
for body contouring; Restylane for skincare; and Tetralysal for the treatment
of acne.
4) Cynosure
Cynosure is a leading developer and manufacturer of a broad
array of light-based aesthetic and medical treatment systems. Their products
are used to provide a diverse range of treatment applications such as body
contouring, hair removal, skin rejuvenation and scar reduction, as well as the
treatment of vascular lesions.
Through R&D, Cynosure’s business strategy is focused on
launching new products and technologies, such as body contouring, for cosmetic
applications. It also aims to expand its product offerings through acquisitions
and significant partnerships. For instance, In September 2014, the company
expanded its technology base by acquiring Ellman International, a provider of
advanced radio frequency (RF) technology for precision surgical and aesthetic
procedures that offers a broad line of aesthetic lasers; and in June 2013, the
company acquired Palomar Medical Technologies, including its SlimLipo, which
features fat melting laser wavelengths that gently liquefy fat.
5) Valeant Pharmaceuticals
Founded in 1960, the company develops, manufactures, and
distributes a wide range of branded, generic pharmaceutical, OTC products, and
medical devices. It specializes in dermatology, eye health, consumer health,
and neurology. CeraVe, VASERlipo System, Obagi, and Liposonix, are some of its
major product offerings.
In January 2016, Valeant Canada divested its aesthetics unit to
Intega Skin Sciences, in which it acquired Valeant’s Groupe Cosméderme that
includes Laboratoire Dr Renaud, Pro-Derm, and Premiology, and three high-end
medical skincare brands.
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