Healthcare

Candela Corporation

Company Profile Analysis

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Candela Corporation - Healthcare showcase

Year Founded & Workforce

1969-12-31

1,000 Employees

Industry

Healthcare

Services

C

Candela Corporation Overview

Company Headquarters: Massachusetts, US

Founded: 1970

Workforce: ~500-1000

Company Working: Candela Corporation is a global aesthetic medical device company which produces and distribute advance medical aesthetic solutions. The company advance technological products enable medical professionals to offer advanced energy-based solutions for a wide range of medical aesthetic application such as facial resurfacing, scars, benign vascular and pigmented lesions, hair removal, wrinkle reduction, and others. The company has extensive worldwide commercial and supply chain operations. In addition, the company directly distribute its products in 18 countries including US, Western Europe, Japan, China and also distribute indirectly in 66 countries across the globe. The company has strong business presence in North America, Europe, Asia-Pacific, and Rest of the World.

Strategy

Candela Corporation focuses on investing in microneedling product developments and enhancing the customer experience to boost engagement. The company emphasizes expanding manufacturing facilities to develop products as well as continue to improve customer outcomes. It also focuses on acquisitions to address new sectors and maintain its products' innovativeness in all the segments.

Company Snapshot

1,000

Employees

1969-12-31

Founded

Massachusetts, US

Headquarters

SWOT Analysis

Strengths

  • Wide geographical presence
  • Strong distribution network
  • Strong expertise in micro needling market
  • Well established R&D facilities
  • Established brand

Weaknesses

  • Limited product portfolio
  • Lawsuits against the company
  • Limited financial capital
  • Highly depended on US market for revenue generation

Opportunities

  • Increasing demand for acne treatment products
  • Increasing demand for RF micro needling products
  • Expanding business distribution network

Threats

  • Lack of therapeutic diversification
  • Intense market competition
  • Currency fluctuation negatively affect the company business
  • Availability of counterfeit products

Key Developments

DateApproachDevelopment
October 2018ExpansionCandela Corporation expanded its presence in South Korea with the opening of Syneron Candela Korea Co Ltd.
February 2023Product LaunchCandela Corporation received FDA approval for Profound Matrix system. This product notorious uplifting and Sublative RF applicators carry bipolar RF treatments that expand the arrival of fine lines and wrinkles, though the all-new matrix pro applier is designed to renew and build new collagen1,2 with the additional advantage of delivering a noticeable development in general skin appearance and texture.

Product Offering

  • Candela Corporation
    • Acne Treatment
    • RF Microneedling
    • RF Microneedling

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Candela Corporation as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Candela Corporation

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