Healthcare

Syneron Medical Ltd

Company Profile Analysis

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Syneron Medical Ltd - Healthcare showcase

Year Founded & Workforce

Not available

Industry

Healthcare

Services

S

Syneron Medical Ltd Overview

Syneron Medical Ltd. also known as Syneron Candela is the global player in the aesthetic medical devices and has distribution network worldwide. The company sells it’s products under three brand names Syneron, Candela and CoolTouch. The products are marketed, serviced and supported in 86 countries worldwide. The offices are present in North America, France, Germany, Italy, U.K, Australia, China, Japan and Hong Kong.

The company was founded in 2000 and is headquartered in Yokneam Lllit, Israel. Company has various subsidiaries under its name. The company is recommended number 1 for the energy device brand by U.S dermatologist.

The Syneron Candela is highly recognized brand for the hair removal, facial rejuvenation, skin tightening & vascular treatments.

Strategy

Syneron Medical Ltd focuses on strategic collaborations and mergers & acquisitions for strengthening its market position. Moreover, it is actively involved in research & development for new product development and providing advanced solutions.

Company Snapshot

$277.8M

Revenue

SWOT Analysis

Strengths

  • Strong presence in the domestic market
  • High-quality products
  • Reasonable prices compared to other competitors
  • Global Player for the aesthetic medical devices
  • Products are being sold under three brand names Syneron, Candela and CoolTouch
  • Company has various subsidiaries some of them are Syneron Inc., Candela Corp, Syneron Beauty Inc. and many more
  • Company has presence in 86 countries across globe
  • Company has strong distributing network
  • Company also have OEM business

Weaknesses

  • Limited market presence
  • Dependent on few products for revenue generation
  • Less product portfolio for tattoo removal
  • The brand CoolTouch OEM business was totally withdrawn
  • Revenue generation from tattoo removal is very less

Opportunities

  • Expansion in new business markets
  • Mergers & acquisitions
  • To launch tattoo removal products in developing countries
  • To used advanced technology products for better efficiency
  • To develop low cost product

Threats

  • Increasing number of competitors
  • International business risk
  • High cost product may fail in developing countries
  • Political an social regulations for technologies used in the product

Key Developments

DateApproachDevelopment
July, 2016FDA ApprovalFDA gave clearance for the product PicoWay Picosecond laser. This product will use ultra short wavelength of 785nm also titanium sapphire laser is used in this product. The laser is used to remove blue, pink and green inks.
November, 2015Product developmentPicoWay was in news in the year 2015 for the better tattoo removal. DermWire announced the launch of Resolve fractional handpiece for rejuvenation, pigmentation, and toning which can remove yellow colour pigment.

Product Offering

  • Syneron Medical Ltd
    • Alex Trivantage
    • CO2RE
    • CO2RE Intima
    • ELŌS Plus
    • ETWO
    • Gentle Pro Series
    • Nordlys
    • Picoway
    • Profound
    • Sirius
    • Vbeam Perfecta
    • Vbeam Prima
    • Velashape III
    • YDUN
    • Laser Removal Lasers

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Syneron Medical Ltd 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!
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.
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.

Syneron Medical Ltd

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