Sinclair North America, a leading medical aesthetic company, announced today the launch of its products and services in Canada. The expansion marks the company's first venture as Sinclair into the Canadian market since its acquisition of Viora, bringing its innovative technologies, treatment solutions and best-in-class services to practitioners and patients across Canada.
TORONTO, June 1, 2023 /PRNewswire-PRWeb/ -- Sinclair is renowned for its high-quality medical aesthetic products, which include both injectable and energy-based systems for facial rejuvenation, body contouring, and skin revitalization. The company's cutting-edge technology and expertise in the field of medical aesthetics have made it a trusted name in the industry.
Sinclair acquired Viora and Cocoon in recent years expanding their aesthetic business by merging the two energy-based device manufacturers to build a leading portfolio of: radio frequency, IPL, Diode, Cryo and microdermabrasion devices [V-Series, Elysion, Cool Tech, Reaction and Pristine].
The launch of Sinclair North America in Canada is part of the company's global growth strategy. "We are thrilled to be launching in Canada and expanding our North American footprint. With a growing demand for non-invasive and minimally invasive aesthetic treatments in Canada, we see a great opportunity to introduce our innovative technologies." said Andrea Trofimuk, CEO of Sinclair North America.
"Our goal is to become a trusted and respected provider of aesthetic solutions in Canada, and we are excited to embark on this new chapter. We are committed to providing quality technology, support and building partnerships throughout Canada, as we have done in the US under the Viora entity for nearly 20 years." said Gil Shapir, COO of Sinclair North America.
As of September 2021, the aesthetic market size in Canada was valued at approximately CAD 1.3 billion, with a compound annual growth rate (CAGR) of 11.2% from 2019 to 2024 according to a market research report by Mordor Intelligence. The report also forecasted that the market size would continue to grow at a CAGR of 10.3% from 2021 to 2026, reaching a value of approximately CAD 2.1 billion by the end of the forecast period. The growth is attributed to factors such as the increasing demand for minimally invasive and non-invasive procedures, the growing adoption of advanced technologies, and the rising disposable incomes of the population.
About Sinclair
Sinclair is an international company operating in the fast growing, global aesthetics market. Sinclair has built a strong portfolio of differentiated, complementary aesthetics technologies, which are experiencing significant growth, targeting unmet clinical needs for effective, high quality, longer duration, natural looking and minimally-invasive treatments. Sinclair is planning entry to multiple new geographic markets and line extension launches over the next few years. The Group has an established sales and marketing presence in North America, the EU markets, Brazil, Mexico, Colombia, UAE, Hong Kong and South Korea and a network of international distributors.
Media Contact
Donna Jin, Sinclair, 888-415-1192, [email protected]
SOURCE Sinclair
Share this article