A new market study, titled “Discover Global Canada Aesthetic Devices Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
Aesthetics devices are devices that are used in all types of cosmetic procedures. These are widely used in plastic surgery, hair removal, excess fat removal as well as aesthetic implants on the skin. The aim of these devices is to beautify the looks and to remove imperfections and make corrections on the different body parts. These devices are usually medical devices that can be used to remove various types of deformities associated with the face or the skin. The increased use of these devices is attributed to the fact that more and more people these days are becoming aware of aesthetic looks.
The need for minimally invasive surgical procedures and corrective surgeries that are performed on the face and skin is driving the growth of the aesthetics market in Canada. Aesthetic devices market in Canada is also bound to witness a growth in the coming years with a CAGR of almost 11.59%. The increased use of these devices in minimal invasive surgical procedures will be driving the growth of the market.
The Canada aesthetics devices market was valued at around 480.65 million dollars. In the coming years, the market is expected to register a steady growth. However, the one factor that can hinder the growth of the market is the high cost of these devices and also the risk of failure of the surgical process.
Key Players of Global Canada Aesthetic Devices Market =>
The major companies in the Aesthetic Devices market include Cynosure Inc, Syneron Medical Ltd, Valeant Pharmaceuticals International Inc, Lumenis Ltd, Viora Canda Ltd, Alma Lasers, Ltd., SharpLight, Invasix.
The aesthetics devices market is segmented by Type, Application and End User.
By Type, the market is divided into:
- Energy-based Aesthetic device
- Non-Energy-based Aesthetic device
By Application, the market is categorised into:
- Skin Resurfacing and Tightening
- Body Contouring
- Breast enhancement
- Scar treatment
- Tattoo removal
- Hair removal
- Reconstructive surgery
By End User, the market is segmented further into:
- Home Settings
As of now, the laser operated aesthetic devices dominate the market share because of their ease of use and quick operation. The demand for all types of aesthetic devices is on the rise in the market because of increased number of people getting aesthetics treatment done.
There are a few major companies in Canada that provide aesthetic devices. These companies have led to a competitive landscape in the market and continuously innovate to provide better and more effective devices.
North America dominates the aesthetics devices market and will continue to hold a strong position in the global market. Canada forms a major part of this market and contributes to the global market in a significant manner. Canadian hospitals, clinics as well as laboratories purchase most of these devices contributing to the revenue of the market. In addition, Canada is always on the path to innovation for the development of newer aesthetics devices.
Research is being conducted in Canadian universities as well as hospitals so that the medical companies can develop technologically advanced aesthetics devices. Almost 10% of the medical companies in Canada make use of this research. YOLO has also made use of this research to develop low diode laser powered device that can liquefy fats in the adipose tissues of the body.
Major Key Points of Global Canada Aesthetic Devices Market
- Market Trends
- Canada Aesthetic Devices Market – Industry Analysis
- Canada Aesthetic Devices Market – Market Analysis
- Canada Aesthetic Devices Market – Competitive Landscape
- Canada Aesthetic Devices Market – Company Profiles
- Canada Aesthetic Devices Market – Appendix
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