Healthcare

Cutera

Company Profile Analysis

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Cutera - Healthcare showcase

Year Founded & Workforce

1997-12-31

540 Employees

Industry

Healthcare

Services

C

Cutera Overview

Company Headquarters: California, US

Founded: 1998

Workforce: ~540

Company Working: Cutera is a global manufacturer and supplier of laser and energy-based aesthetic systems to practitioners all over the world. The Company creates, develops, manufactures, distributes, and markets light and energy-based product platforms for physicians and other qualified practitioners to employ to provide safe and effective cosmetic treatments to its consumers. Furthermore, the Company sells third party-made skincare items. The Company's continuous research and development activities are primarily focused on the creation of new products as well as the improvement and enhancement of the Company's existing product line.

Strategy

Cutera is dedicated to creating new solutions that employ science and nature to promote health, beauty, and wellness. Furthermore, it seeks to broaden the company's global presence and footprint in both existing and attractive new markets. It intends to investigate possibilities that can supplement and differentiate the company's product portfolio and R&D strategy, expand current leadership, boost competitive positioning, enter new or adjacent markets, and provide long-term financial benefits.

Company Snapshot

$147.7M

Revenue

540

Employees

1997-12-31

Founded

California, US

Headquarters

SWOT Analysis

Strengths

  • Strong market presence in established markets
  • Products available globally
  • Diverse portfolio
  • Pioneer in aesthetic medical devices
  • Distribution across 65 countries
  • Leading provider of laser products
  • enLighten product has PICO & Nano technology in the tattoo removal product
  • Worldwide presence in more than 100 countries
  • Strong client base
  • Well established R&D facilities

Weaknesses

  • Company’s manufacturing facilities are limited
  • Inability to develop product in core market of dermatology and plastic surgery.
  • Poor financial performance
  • Reduced patient demand for aesthetic procedure
  • Limited product offerings
  • Highly dependent on the US market for its revenue generation

Opportunities

  • Enhancing the product portfolio by launching products
  • Collaborations to expand geographic reach
  • Opportunities to acquire new ownership stake
  • To increase more product line for the laser removal equipment
  • Expansion the distribution and networking channels overseas
  • Growing demand for microneedling devices
  • Rising awareness about aesthetic products

Threats

  • Stringent government regulations related to import and export
  • Fluctuation in currency
  • Stringent FDA regulations for dermatology and hair laser devices
  • Ensuring the product quality while delivering overseas
  • Ensuring rules and regulations of political and social issues
  • Pricing policies of different countries
  • Increasing competition in the market
  • Changes in government regulations

Key Developments

DateApproachDevelopment
September 2019Product ApprovalCutera received product approval from Health Canada for truSculpt iD Body Sculpting Technology. This will help the company to expand its product portfolio in Canada.
Fiscal year, 2016Product LaunchenLighten III was launched which is used to remove multicolour pigments. The laser was launched with three wavelengths. 1064nm, 532nm and 670nm.
2016FDA ApprovalFDA approved enLighten III laser with wavelength of 670nm. The product include PICO+NANO technology.
December, 2014Product LaunchenLighten laser was launched with the wavelength of 1064nm and 532nm.
July 2022Product LaunchCutera has announced the wider European availability of its award-winning fractional radio frequency (RF) microneedling technology, Secret RF. The skin revitalization platform is available to practitioners throughout most of Europe, including France, Germany, Austria, and Spain.
April 2019Product ApprovalCutera reported that the Secret RF system has been given a Medical Device License by Health Canada, Canada's healthcare regulatory authority.

Product Offering

  • Cutera
    • Enlighten
    • Excel HR
    • Excel V
    • Excel V+ Laser
    • Juliet
    • Secret RF
    • Trusculpt flex
    • TruSculpt iD
    • TruSculpt 3D
    • Xeo
    • Tattoo Removal Laser
    • RF Microneedling Device
    • RF Microneedling Market

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About the Author

Wantstats Research Team

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

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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.
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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.

Cutera

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