Oct, 31 2023

AbbVie Inc., Cynosure LLC (A Subsidiary of Hologic Inc.) and Alma Laser (A Subsidiary of Sisram Medical Ltd) are Dominating the Middle East and Africa Liposuction Devices Market in 2019

Middle East And Africa Liposuction Devices Market is expected to grow with the CAGR of 7.7% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Middle East and Africa liposuction devices market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Middle East and Africa liposuction devices market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement into the market. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

In April 2019, Alma Lasers launched its new product named BeautiFill, the first laser-assisted fat harvesting platform in its surgical instruments categories. This new product launched by the company has increased its product portfolio leading to increased demand and sales for its product in future.

AbbVie Inc. is the dominating player in Middle East and Africa liposuction devices market. The other key players existing in the market includes AbbVie Inc., CANDELA CORPORATION, Genesis Biosystems, Inc., Alma Lasers (A subsidiary of Sisram Medical Ltd), BTL Group of Companies, Cynosure LLC (A subsidiary of Hologic Inc.) and Solta Medical (A Subsidiary of Bausch Health Companies Inc.) among others.

AbbVie Inc.:

AbbVie Inc. was founded in 2013 and headquartered in Illinois, U.S. The company is a research- driven biopharmaceutical company focuses on treating diseases in order to make a remarkable impact on people's lives. The company is providing products under US specialized therapeutics, US general medicine, international and other product categories. The market focus products lies under US specialized therapeutics product category. The company is engaged in taking strategic initiatives to expand its portfolio of liposuction devices.

For instance,

In May 2020, Abbvie Inc, completely acquired Allergan which merges the product portfolio of the two companies. This acquisition helped Abbvie Inc. to increase its market and demand for its product in the future.

The company has a wide presence across Asia-Pacific, Europe, Middle East and Africa, North America and South America. The company has various subsidiaries like AbbVie Holdings Inc. (U.S.), AbbVie Pty Ltd (Australia), AbbVie SA (Belgium), AbbVie Farmacêutica Ltda. (Brazil) and AbbVie Productos Farmacéuticos Limitada (Chile) among others.

Cynosure LLC (A Subsidiary of Hologic Inc.)

Cynosure LLC (A Subsidiary of Hologic Inc.) headquartered in Massachusetts, U.S. The company is engaged in n creating energy-based aesthetic and medical treatment systems and offers a wide range of products for hair removal, scar reduction, skin revitalization, body contouring, gynecological health, and more. The company is providing products under for providers, for patients. The market focus products lie under for provider’s product category. The company is engaged in continuous development of liposuction devices.

For instance,

In October 2019, Cynosure LLC (A Subsidiary of Hologic Inc.) launched StimSure, a non-invasive technology using electromagnetic radiations in order to tone and build the muscles of regions like abdomen, buttocks and thighs, in Europe and the Middle East market. This new product launched by the company has increased its product portfolio in the market leading to increased revenue in future.

The company has wide presence across Europe, Middle East and Africa and North America. The company also has various subsidiary companies such as Cynosure France (France), Cynosure K.K. (Japan), Cynosure GmbH (Germany), Cynosure Korea Limited (Korea) and Suzhou Cynosure Medical Devices Company Ltd. (China) among others.

Alma Lasers (A Subsidiary of Sisram Medical Ltd)

Alma Lasers (A Subsidiary of Sisram Medical Ltd) was founded in 1999 and headquartered in Caesarea, Israel. The company is engaged in aesthetic and surgical market and offers products having innovative technologies based on laser, light-based, radio-frequency and ultrasound solutions. The company is engaged in providing products in medical equipment and laser devices, aesthetics precision and surgical among which aesthetics precision and surgical is the market focused category.

For instance-

In December 2019, Alma Lasers received two awards under the categories Best New Product of the Year and Best Anti-Ageing Treatment of the Year, at the Global Aesthetic Awards 2019 hosted by the MyFaceMyBody. This recognition received by the company has increased the reliability for its product in the market leading to increased revenue in future.

The company has a wide presence across Europe, North America, Middle East and Africa and Asia-Pacific. The company has various subsidiary companies such as Alma Lasers GmbH (Germany), Alma Lasers Inc. (U.S.), Alma Lasers Australia Pty Ltd (Australia), Alma Korea Limited (Korea) and Alma Medical HK Limited (China) among more. The company has initiated many product launches to expand its market.

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