MII - Sean Riley

Mini-Report
Skin Rejuvenation: Continually Advancing Technology
i. Methodology
Skin rejuvenation data was compiled from a wide variety of public and
proprietary sources. Information was cross-checked against other data, using
Medical Insight’s proprietary forecasting models, and synthesized into both
qualitative and quantitative analyses and projections.
Public sources that were utilized include:
-
articles in trade publications, medical journals and regulatory
documents;
-
articles in consumer magazines and newspapers;
-
company news releases, website information, patent documents,
regulatory data, marketing materials and financial filings;
-
information from trade associations
Proprietary sources that were utilized include:
-
Medical Insight’s extensive database of industry and product
information;
-
Medical Insight’s physician survey data;
-
industry analyst reports;
-
exclusive interviews with, and feedback from, company executives,
researchers,
sales
representatives,
physicians,
patients,
consultants and other industry experts
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Mini-Report
Skin Rejuvenation: Continually Advancing Technology
ii. New
in October 2013
This mini report represents the sixth edition of Medical Insight, Inc.’s Skin
Rejuvenation report.
Like its predecessor, which was published in April 2013, this report
contains the latest industry news and updated market forecasts, which take into
account
recent
technology,
product,
company,
regulatory
and
other
developments, as well as an in-depth analysis of the competitive positions of key
players selling to both core and non-core aesthetic practices.
In addition to updated qualitative and quantitative product, global and
regional manufacturer and market information, this report also includes:
-
Quotes from industry thought leaders and top executives;
-
videos of selected devices;
-
expanded tables, graphs and images.
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Mini-Report
M.I.I
Skin Rejuvenation: Continually Advancing Technology
Disclaimer
Information in this study has been obtained by Medical Insight, Inc. from
sources believed to be reliable. While Medical Insight believes the data provided
herein to be accurate, no expressed or implied guarantees regarding accuracy or
adequacy are made. Product and corporate data can change very quickly and
without notice and Medical Insight continually updates its research products.
Because of this, certain figures in Medical Insight reports may differ from
corresponding figures in earlier reports, even if those reports were issued
relatively recently. Furthermore, current economic conditions are contributing to a
highly volatile market, in which actual results often diverge significantly from
estimates developed by manufacturers, analysts and others, resulting in a
revision of projections. Therefore, while Medical Insight will provide an
explanation of figures in any of its reports, only the most recent reports contain
Medical Insight’s latest estimates.
This study is not intended as a substitute for proper due diligence.
Although an attempt has been made to provide thorough coverage of the subject
matter of this report, no guarantees regarding completeness or thoroughness are
made. Medical Insight is not responsible for any errors, omissions, or results
obtained from use of information provided herein.
Any use which a reader makes of this report or any reliance on or
decisions to be made based on it are the sole responsibility of such reader.
Medical Insight accepts no responsibility for damages, if any, suffered by any
reader as a result of decisions or actions taken based on this study.
Medical Insight, Inc. reserves all rights to this copyrighted document. This
study is protected by U.S. Copyright Law; Copyright 2013 Medical Insight, Inc.
Unauthorized reproduction is strictly forbidden by law. This report may not be
reproduced in part or in whole without written consent of a duly authorized officer
of Medical Insight. Multiple copies of this report can be obtained at a nominal
cost by contacting the publisher.
Medical Insight, Inc.
130 Vantis, Suite 240
Aliso Viejo, CA 92656 USA
+1 (949) 830-5409 telephone
+1 (949) 830-8944 facsimile
Email: [email protected]
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Mini-Report
M.I.I
Skin Rejuvenation: Continually Advancing Technology
Professional Biography
Michael Moretti
President
Medical Insight, Inc.
Michael Moretti has served as a medical industry analyst and strategic advisor for
more than 20 years. As an industry consultant, Mr. Moretti specializes in strategic business
development projects and high-growth, emerging market segments. He provides custom
reports and confidential market studies for a variety of clients, including global medical and
pharmaceutical companies.
In 1993, Mr. Moretti founded Medical Insight, Inc., the leader in focused aesthetic
market research offering comprehensive data on procedure volume and growth, revenue
forecasts and new product introductions. Under Mr. Moretti’s leadership, Medical Insight
publishes global market studies and forecasts for major industry sectors such as facial
injectables, cosmeceuticals, body shaping procedures, skin rejuvenation technologies and
home-use aesthetic products. Medical Insight also sponsors executive business forums to
address scientific developments and market trends for the investment community.
Mr. Moretti is the founder of Aesthetic TV®, the first and only one-stop online
resource for current, reliable information about cosmetic and anti-aging treatments. Aesthetic
TV offers expert advice for consumers via interviews with the top physicians in the field, and
unprecedented access to the latest beauty-enhancing procedures and products created
specifically to help people look and feel their absolute best.
Mr. Moretti is also founder and publisher of THE Aesthetic Guide® – a digital and
print publication from Medical Insight featuring in-depth reports on new products, procedures
and trends, reaching over 50,000 physicians, industry executives and investment analyst
subscribers globally. Special editions of THE Aesthetic Guide address the European market
and the Asian markets.
In 2007, Mr. Moretti debuted THE Aesthetic Show™, the first multidisciplinary annual
business to business trade show that brings thousands of the highest profile physicians and
medical professionals together in Las Vegas to learn about the newest aesthetic procedures,
products and technologies in a dynamic, interactive, educational format. For more
information please visit: www.miinews.com.
Contact Information:
Michael Moretti
Medical Insight, Inc.
130 Vantis, Suite 240
Aliso Viejo, CA 92656 USA
+1 (949) 830-5409 telephone
+1 (949) 830-8944 facsimile
Email: [email protected]
Or visit the Medical Insight website at: www.miinews.com
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Mini-Report
M.I.I
Skin Rejuvenation: Continually Advancing Technology
Table of Contents
Disclaimer
4
Biography
5
Table of Contents
6
Table of Exhibits
8
1.0
Executive Summary
9
2.0
Background
10
3.0
Market Analysis
12
4.0
Market Forecast
18
5.0
4.1
Equipment
19
4.2
Disposables
24
4.3
Procedure Volume
26
Manufacturer Profiles
27
5.1
Alma Lasers
27
5.2
Beijing Sincoheren
29
5.3
Benev
30
5.4
Cutera
31
5.5
Cynosure
31
5.6
DEKA
36
5.7
Dinona
37
5.8
Ellipse
37
5.9
Ellman International
38
5.10
Energist
39
5.11
Ilooda Co., Ltd.
40
5.12
InMode / Invasix
41
5.13
Jeisys
41
5.14
Laser.com
42
5.15
LASERING S.r.l.
42
5.16
Lumenis
43
5.17
Lumiere
45
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Mini-Report
Skin Rejuvenation: Continually Advancing Technology
5.18
Lutronic
46
5.19
MedixSysteme
47
5.20
Miracle International Co., Ltd.
47
5.21
Myoscience
48
5.22
Pantec Biosolutions
49
5.23
Perfaction
49
5.24
Quanta System
50
5.25
RioBlush
50
5.26
Sciton
51
5.27
ShenZhen GSD Tech Co.Ltd.
53
5.28
Solta Medical
53
5.29
Syneron
56
5.30
TavTech
59
5.31
Viora
60
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Mini-Report
M.I.I.
Skin Rejuvenation: Continually Advancing Technology
Table Of Exhibits
Figure 1: Microneedle Skin Rejuvenation
Table 1: Top Skin Rejuvenation Devices
Table 2: Fractional Skin Rejuvenation Devices
Table 3: Installed Base of Skin Rejuvenation Devices
Figure 2: Market Shares of Top Skin Rejuvenation Players
Table 4: Sales of Skin Rejuvenation Devices, 2012 – 2017
Figure 3: Skin Rejuvenation Device Market by Company, 2012 – 2017
Table 5: Worldwide Projected Dollar Sales for Skin Rejuvenation Devices,
by Region, 2012 – 2017
Table 6: Sales of Skin Rejuvenation Disposables, 2012 – 2017
Figure 4: Skin Rejuvenation Disposables Market by Company, 2012 – 2017
Table 7: Procedure Volume for Skin Rejuvenation, 2012 – 2017
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12
16
20
21
22
23
24
25
25
26
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Mini-Report
Skin Rejuvenation: Continually Advancing Technology
Section
1 Executive Summary
Demand for a low downtime procedure that can quickly improve the skin’s
appearance remains high. An improving U.S. economy in which unemployment has recently
declined to 7.3%, a record high stock market and increased consumer confidence is also
supporting consumer spending.
Over the next five years, skin rejuvenation platform revenues will expand by 8.1%
per year, on average, from $324.4 million in 2012 to $478.5 million in 2017. This is lower
than the CAGR of 9.0% predicted in Medical Insight’s prior skin rejuvenation report, released
in April 2013, and reflects flat overall sales of several leading players. North America
represents the largest regional market for skin rejuvenation devices. It will remain the largest
market through 2017, with growth of 7.1% per year as the economy recovers and aesthetic
practitioners acquire new devices to keep up with current technology. This compares with
annual growth of 12.9% in Asia, 11.8% in Latin America and just 5.8% in Europe. As the
installed base of skin rejuvenation platforms increases, sales of disposables, such as
handpieces, will grow from $33.6 million in 2012 to an estimated $53.2 million in 2017.
Key technology trends include combining topicals with energy-based device
treatment to provide greater efficacy than using either modality alone. However, combination
therapies must be clinically validated and have FDA clearance (in the U.S.) in order for
manufacturers to make claims and at the present time, such published studies are limited.
Over the next several years, however, most of the market leaders are expected to advance
technologies and refine protocols incorporating energy-based treatment with topicals.
Skin rejuvenation procedure volume will benefit from a growing installed base of
systems and the continuing introduction of newer, more efficacious devices. Although rising
competition will pressure treatment fees, as physicians increasingly utilize single-treatment
ablative equipment, total procedure fees will rise from $4.9 billion in 2012 to more than $8.5
billion in 2017. It should be noted that skin tightening is covered in Medical Insight’s Body
Shaping / Skin Tightening report series.
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Mini-Report
Skin Rejuvenation: Continually Advancing Technology
Table 1
Top Skin Rejuvenation Devices,
October 2013
Manufacturer
Device
Type
Price
Advanced Technology Laser
Angelite
IPL
$35,000
Advanced Technology Laser
Mini Laser
IPL
$30,000
Aerolase
LightPod Neo X/XT
Nd:YAG Laser
$46,500
Aerolase
LightPod Era X
Er:YAG Laser
$43,500
Alma Lasers
Harmony
AFT Pulsed Light
$54,900+
Alma Lasers
ARAMIS
Er:Glass
n/a
Alma Lasers
BURANE
Er:YAG
n/a
Asclepion
MeDioStar / MeDioStar NeXT
Diode Laser
n/a
Asclepion
MeDioStar Effect, Dermablate
Effect, TattooStar Effect,
RF plus Laser / Acoustic Wave /
IPL / Diode Laser
n/a
Beijing Sincoheren
Tony IPL
IPL
$6,200
Beijing Sincoheren
Sienna
IPL
$5,600
Beijing Sincoheren
RF-Vacuum
RF
$4,800
Beijing Sincoheren
RF-Cool
RF
$4,300
Benev
SkinStamp VMT
Microneedle
n/a
Chromogenex
Regenlite
Pulsed Dye Laser
n/a
CoolTouch
CT3 Plus
Nd:YAG Laser
$69,995
Intelligent Pulsed Light
$76,000
Cutera
Solera Opus/Limelight
Cutera
Xeo/Pearl
Long Pulse Nd:YAG/Pulsed
Light/ Infrared/YSGG
$100,000 - $170,000
Cutera
CoolGlide Vantage
Nd:YAG Laser
$70,000
Cutera
VariLite
KTP/Diode Laser
$54,500
Cynosure
RevLite
EO Q-Switched Nd:YAG Laser
with PhotoAcoustic Pulse
$95,000
Cynosure
Medlite C6
EO Q-Switched Nd:YAG Laser
n/a
Cynosure
Accolade
Q-switched Alexandrite
$80,000
Cynosure
Acclaim
Nd:YAG Laser
n/a
Cynosure
Affinity QS
Q-switched Nd:YAG
n/a
Cynosure
Cynergy with Multiplex
Pulsed Dye/Nd:YAG
$120,000
Cynosure
Elite/Elite MPX
Alexandrite/Nd:YAG Laser
$110,000
DEKA
PhotoSilk Plus
Nd:YAG, PL
$70,000
DEKA
MiniSilk FT
PL
$35,000
DEKA
Synchro HP, FT
Nd:YAG, Er:YAG, PL
$119,000
Eclipse
EndyMed PRO
Reverse Polarity
$69,900
Eclipse
Eclipse Air CCT
Closed Chamber Technology
(CCT)
$69,900
Eclipse
Eclipse SmoothCool
IPL
$69,900
Edge Systems
HydraFacial MD Touch
Multi Modality
n/a
Ellipse
Ellipse MultiFlex
IPL
n/a
Ellipse
Ellipse I2PL
IPL
n/a
Ellipse
Ellipse Light SPT
IPL
n/a
Ellman International
Cortex
CO2 / Er:YAG / Laser
n/a
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Mini-Report
Skin Rejuvenation: Continually Advancing Technology
Table 1 Cont’d
Top Skin Rejuvenation Devices,
October 2013
Manufacturer
Device
Type
Price
n/a
Ellman International
Tri-Lase
Q-Switched Nd:YAG, Er:YAG Laser
Ellman International
Apex
IPL, Er:YAG, Laser
n/a
Ellman International
Pelleve
Monopolar RF
$34,995
Energist
UltraPlus VPL
Variable PL
$35,995
Energist
610Frx
CO2 Laser
n/a
Energist
iPulse I200+
IPL
$24,995
Energist
i300
IPL
$24,995
Energist
ReGen
High Power LED
$19,995
Eufoton
LASEmaR
Diode Laser
n/a
Eufoton
EULIGHT Plus
PL
n/a
Focus Medical
NaturaLight
PL
$59,900
Focus Medical
NaturaLase QS4
Q-switched Nd:YAG Laser
$93,900 - $115,000
Fotona
XP MAX, Plus, Dualis, Fidelis
Nd:YAG Laser
$80,000 - $110,000
Fotona
SP Dynamis, Plus, Dualis
Nd:YAG/Er:YAG
$110,000
Fotona
QX MAX
Q-switched Nd:YAG / KTP / red /
yellow
$80,000
General Project
3face
Multi Modality
n/a
General Project
Flash 1 Plus
PL
n/a
General Project
Med Flash II
PL
n/a
Genesis Biosystems
AccelaWave
IPL
$49,000
Genesis Biosystems
AccelaFuze Combination
Therapy System
LED / Topical infusion
$17,900
RF and IR
n/a
Hironic
Hironic
Hironic
Ilooda Co. Ltd.
Ilooda Co. Ltd.
New MIDAS
MIPL
IPL
n/a
HIFU
n/a
Diode/IR/RF
n/a
OPS Diode
n/a
DOUBLO
Symphony
IRIS
Jeisys
SmoothCool
PL
n/a
Ilooda Co. Ltd.
Secret
RF Microneedle
n/a
Ilooda Co. Ltd.
VIKINI
Diode Laser
n/a
INDUSTRA
intenseIR
High Powered IR Light
n/a
INDUSTRA
IPL-SQ
Square Wave Pulse IPL
n/a
Jeisys
CIPL, P-Nain
PL
n/a
Diode Laser
$36,600
LASERING
Velure S5
Lumenis
M22
IPL
$69,000
Lumiere
Apollo
TriPollar RF
$50,000
Lutronic
MOSAIC HP
Erbium Fiber Laser
n/a
Lutronic
Spectra
Q-Switched Nd:YAG Laser
n/a
Miracle International
n/a
Nd:YAG Laser
n/a
Miracle International
n/a
IPL
n/a
Miracle International
n/a
RF
na
Miracle International
n/a
LED
n/a
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Mini-Report
Skin Rejuvenation: Continually Advancing Technology
Table 1 Cont’d
Top Skin Rejuvenation Devices,
October 2013
Manufacturer
Device
Type
Price
n/a
Myoscience
n/a
Cryotherapy
Norseld
Dual Yellow
Copper Bromide
n/a
Palomar
StarLux 500 Platform
Variable wavelength
$80,000
Palomar
Icon
Variable wavelength
$100,000
Palomar
Artisan
Variable wavelength
$95,000
Pantec Biosolutions
P.L.E.A.S.E. Professional
Diode Pumped Er:YAG
n/a
Perfaction
Energet
Proprietary KineticHA technology
n/a
Maximus
Dual energies – RF and Muscle
Pollogen
Quanta System
Q-Plus R/T/A/C
Q-switched Nd:YAG Laser
$65,000
$57,995 - $99,995
Quanta System
Eterna Giovinezza, Eterna
Giovinezza Plus, Eterna
Giovinezza Compact
IPL
n/a
Radiancy/PhotoMedex
Kona
LHE
n/a
Sciton
ClearScan
Nd:YAG Module
$29,000
Sciton
BBL/BBLs
PL
$36,000 - $89,950
Sciton
Contour TRL
Tunable Resurfacing Laser
$50,000 $200,000+
Sciton
ThermaScan
Sciton
Nd:YAG Module
$29,000
Modular
$50,000 $200,000+
JOULE
SharpLight
Beamax
IPL
$39,000
SharpLight
Formax Plus
Dynamic Pulse Control
$89,000
SharpLight
Omnimax
Dynamic Pulse Control
$85,000
ShenZhen GSD Tech
Co. Ltd.
Biorad
Unipolar RF
n/a
ShenZhen GSD Tech
Co. Ltd.
Silorad
Bipolar RF
n/a
ShenZhen GSD Tech
Co. Ltd.
LBE
Light Emitting Diode
n/a
ShenZhen GSD Tech
Co. Ltd.
sPTF
PL
n/a
ShenZhen GSD Tech
Co. Ltd.
PTF
Variable wavelength
n/a
Syneron
Syneron
eMax/eLight SR/SRA/WRA
Optical energy and RF
$59,900 - $75,900
Smoothbeam
Diode Laser
Syneron
GentleLASE, GentleLASE Pro
Alexandrite Laser
$79,900 - $98,500
Syneron
GentleYAG
Nd:YAG Laser
$79,900 - $109,900
Syneron
SmoothPeel
Er:YAG Laser
TavTech
JetPeel
Water jet
n/a
IPL
$24,900
Viora
TRIOS
$59,900
n/a
Note: Does not include fractional skin rejuvenation systems.
Source: Medical Insight, Inc.
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