Lutronic is a specialized laser medical device company established in 1997. It is an R&D-driven company that develops and supplies innovative medical laser treatment devices. With 30% of its employees dedicated to R&D and an annual investment of 20% of its revenue in R&D, it maintains a strong focus on innovation. The company operates local subsidiaries in the US, Japan, China, and Germany, exporting products to over 80 countries worldwide as a global aesthetic medical device enterprise. It provides precise treatment solutions across various medical fields, including aesthetics, ophthalmology, and neurosurgery. Recently acquired by Hahn & Company and merged with Cynosure, the company is further strengthening its position in the global market.Lutronicisaspecializedlasermedicaldevicecompanyestablishedin1997.ItisanR&D-drivencompanythatdevelopsandsuppliesinnovativemedicallasertreatmentdevices.With30%ofitsemployeesdedicatedtoR&Dandanannualinvestmentof20%ofitsrevenueinR&D,itmaintainsastrongfocusoninnovation.ThecompanyoperateslocalsubsidiariesintheUS,Japan,China,andGermany,exportingproductstoover80countriesworldwideasaglobalaestheticmedicaldeviceenterprise.Itprovidesprecisetreatmentsolutionsacrossvariousmedicalfields,includingaesthetics,ophthalmology,andneurosurgery.RecentlyacquiredbyHahn&CompanyandmergedwithCynosure,thecompanyisfurtherstrengtheningitspositionintheglobalmarket.
Key Products/TechnologiesKeyProducts/Technologies
**CLARITY II**: A 755/1064nm dual-wavelength platform laser system. It features IntelliTrak technology for enhanced accuracy and speed in laser procedures, real-time skin temperature sensing, and a maximum spot size of 25mm. This technology ensures precise and convenient treatments with a uniform overlap ratio.**CLARITYII**:A755/1064nmdual-wavelengthplatformlasersystem.ItfeaturesIntelliTraktechnologyforenhancedaccuracyandspeedinlaserprocedures,real-timeskintemperaturesensing,andamaximumspotsizeof25mm.Thistechnologyensurespreciseandconvenienttreatmentswithauniformoverlapratio.
**LUTRONIC GENIUS**: A system combining microneedling with radiofrequency (RF) energy. It offers volumetric heating technology effective for improving wrinkles, skin elasticity, and firmness. The device provides precise depth control and consistent results for treatments on the face, neck, and various body areas.**LUTRONICGENIUS**:Asystemcombiningmicroneedlingwithradiofrequency(RF)energy.Itoffersvolumetricheatingtechnologyeffectiveforimprovingwrinkles,skinelasticity,andfirmness.Thedeviceprovidesprecisedepthcontrolandconsistentresultsfortreatmentsontheface,neck,andvariousbodyareas.
**LaseMD Ultra**: A non-ablative fractional laser system utilizing a 1927nm Thulium laser. This technology is effective for skin resurfacing, pigmentation, fine lines, and acne scars. It stimulates collagen production with minimal downtime, improving skin tone and texture.**LaseMDUltra**:Anon-ablativefractionallasersystemutilizinga1927nmThuliumlaser.Thistechnologyiseffectiveforskinresurfacing,pigmentation,finelines,andacnescars.Itstimulatescollagenproductionwithminimaldowntime,improvingskintoneandtexture.
**HOLLYWOOD SPECTRA**: A world-leading ultra-short pulse 1064/532nm laser platform. It features proprietary capabilities specifically designed to reduce unwanted skin pigmentation and stimulate collagen. Renowned for its efficacy in tattoo removal and skin revitalization, it ensures safe and efficient treatment for diverse skin types.**HOLLYWOODSPECTRA**:Aworld-leadingultra-shortpulse1064/532nmlaserplatform.Itfeaturesproprietarycapabilitiesspecificallydesignedtoreduceunwantedskinpigmentationandstimulatecollagen.Renownedforitsefficacyintattooremovalandskinrevitalization,itensuressafeandefficienttreatmentfordiverseskintypes.
**HEALITE II**: A device providing therapeutic light treatment. It contributes to reducing inflammation and promoting post-procedure recovery.**HEALITEII**:Adeviceprovidingtherapeuticlighttreatment.Itcontributestoreducinginflammationandpromotingpost-procedurerecovery.
**PICOPLUS**: A pico laser with a short pulse duration of 450 ps and a high maximum energy output of 800 mJ. It is an approved laser for melasma improvement, utilizing four wavelengths and two pulse widths (pico and nanosecond) for diverse effects.**PICOPLUS**:Apicolaserwithashortpulsedurationof450psandahighmaximumenergyoutputof800mJ.Itisanapprovedlaserformelasmaimprovement,utilizingfourwavelengthsandtwopulsewidths(picoandnanosecond)fordiverseeffects.
**DERMAV**: A laser medical device specialized in vascular treatment.**DERMAV**:Alasermedicaldevicespecializedinvasculartreatment.
**eCO2 Plus**: A CO2 laser system.**eCO2Plus**:ACO2lasersystem.
**ACCUSCULPT II**: A laser system used for liposuction and contouring.**ACCUSCULPTII**:Alasersystemusedforliposuctionandcontouring.
**enCurve**: An RF-based body contouring system.**enCurve**:AnRF-basedbodycontouringsystem.
Core AdvantagesCoreAdvantages
**Innovative R&D Capabilities**: An R&D-centric company with 30% of its workforce in R&D and over 20% of its revenue invested in R&D annually. It holds over 493 registered and pending patents worldwide, securing differentiated competitive advantages based on proprietary core technologies.**InnovativeR&DCapabilities**:AnR&D-centriccompanywith30%ofitsworkforceinR&Dandover20%ofitsrevenueinvestedinR&Dannually.Itholdsover493registeredandpendingpatentsworldwide,securingdifferentiatedcompetitiveadvantagesbasedonproprietarycoretechnologies.
**Global Market Network and Scalability**: Operates local subsidiaries in the US, Japan, China, and Germany, exporting products to over 80 countries through a robust global network. The merger with Cynosure expands its commercial presence to over 130 countries, reinforcing its influence in the global market.**GlobalMarketNetworkandScalability**:OperateslocalsubsidiariesintheUS,Japan,China,andGermany,exportingproductstoover80countriesthrougharobustglobalnetwork.ThemergerwithCynosureexpandsitscommercialpresencetoover130countries,reinforcingitsinfluenceintheglobalmarket.
**Diversified Premium Product Portfolio**: Develops and supplies various energy-based medical aesthetic systems, including laser, radiofrequency (RF), and electric muscle stimulation (EMS) technologies. It possesses an innovative product range covering a wide array of treatment areas such as skin rejuvenation, lifting, pigmentary lesion treatment, hair removal, and body contouring.**DiversifiedPremiumProductPortfolio**:Developsandsuppliesvariousenergy-basedmedicalaestheticsystems,includinglaser,radiofrequency(RF),andelectricmusclestimulation(EMS)technologies.Itpossessesaninnovativeproductrangecoveringawidearrayoftreatmentareassuchasskinrejuvenation,lifting,pigmentarylesiontreatment,hairremoval,andbodycontouring.
**Superior Clinical Efficacy and Safety**: Provides advanced laser treatments backed by scientific evidence, surpassing industry standards in efficacy, reliability, and safety. The company focuses on developing medical devices that deliver satisfactory clinical outcomes for both practitioners and patients.**SuperiorClinicalEfficacyandSafety**:Providesadvancedlasertreatmentsbackedbyscientificevidence,surpassingindustrystandardsinefficacy,reliability,andsafety.Thecompanyfocusesondevelopingmedicaldevicesthatdeliversatisfactoryclinicaloutcomesforbothpractitionersandpatients.
**Sustained Market Leadership and Brand Recognition**: Recognized as a 'World-Class Product and Manufacturing Company' for its 'medical laser surgical device' category for 17 consecutive years, affirming its global competitiveness. It holds a strong brand presence and market position, serving approximately 80% of dermatological clinics in Korea.**SustainedMarketLeadershipandBrandRecognition**:Recognizedasa'World-ClassProductandManufacturingCompany'forits'medicallasersurgicaldevice'categoryfor17consecutiveyears,affirmingitsglobalcompetitiveness.Itholdsastrongbrandpresenceandmarketposition,servingapproximately80%ofdermatologicalclinicsinKorea.
**Synergies from Strategic Mergers and Acquisitions**: The acquisition by Hahn & Company and subsequent merger with Cynosure enable diversification of the product portfolio, enhancement of R&D capabilities, strengthening of the supply chain, and improvement of customer experience, securing overall competitive advantages.**SynergiesfromStrategicMergersandAcquisitions**:TheacquisitionbyHahn&CompanyandsubsequentmergerwithCynosureenablediversificationoftheproductportfolio,enhancementofR&Dcapabilities,strengtheningofthesupplychain,andimprovementofcustomerexperience,securingoverallcompetitiveadvantages.
Target IndustrieTargetIndustrie
Aesthetic Medical Industry (skin rejuvenation, lifting, pigmentary lesion treatment, hair removal, vascular lesion treatment, skin toning, body contouring, tattoo removal, wrinkle reduction, acne scar treatment, etc.)AestheticMedicalIndustry(skinrejuvenation,lifting,pigmentarylesiontreatment,hairremoval,vascularlesiontreatment,skintoning,bodycontouring,tattooremoval,wrinklereduction,acnescartreatment,etc.)
Ophthalmology Medical Industry (macular treatment, etc.)OphthalmologyMedicalIndustry(maculartreatment,etc.)
Neurosurgery Medical Industry (development of micro-endoscopes and laser surgical methods)NeurosurgeryMedicalIndustry(developmentofmicro-endoscopesandlasersurgicalmethods)
General Dermatology Treatment Industry (improvement of various skin conditions)GeneralDermatologyTreatmentIndustry(improvementofvariousskinconditions)
Soft Tissue Incision Surgery FieldSoftTissueIncisionSurgeryField
Major MarketsMajorMarkets
South Korea, Japan, China, Vietnam, India, IndonesiaSouthKorea,Japan,China,Vietnam,India,Indonesia
Germany, France, Across EuropeGermany,France,AcrossEurope
USA, CanadaUSA,Canada
Certifications/PatentsCertifications/Patents
Holds over 493 registered and pending patents worldwide. Post-merger with Cynosure, holds over 535 patents and patent applications worldwide.Holdsover493registeredandpendingpatentsworldwide.Post-mergerwithCynosure,holdsover535patentsandpatentapplicationsworldwide.
Patent registrations for key products (e.g., US, Korean, and European patents for eCO2, ULTRA, LASEMD, ACTION II, AccuSculpt, HOLLYWOOD SPECTRA, HEALITE, CLARITY II, Lutronic Genius).Patentregistrationsforkeyproducts(e.g.,US,Korean,andEuropeanpatentsforeCO2,ULTRA,LASEMD,ACTIONII,AccuSculpt,HOLLYWOODSPECTRA,HEALITE,CLARITYII,LutronicGenius).
US FDA approvals (e.g., LaseMD, R:GEN, Lutronic Genius, PICOPLUS, DermaV, CoreLevee).USFDAapprovals(e.g.,LaseMD,R:GEN,LutronicGenius,PICOPLUS,DermaV,CoreLevee).
European CE certifications (e.g., ULTRA, HOLLYWOOD SPECTRA, CoreLevee, ACCUPLASTI, Lutronic Genius).EuropeanCEcertifications(e.g.,ULTRA,HOLLYWOODSPECTRA,CoreLevee,ACCUPLASTI,LutronicGenius).
Health Canada License approvals (e.g., Lutronic Genius, CLARITY II).HealthCanadaLicenseapprovals(e.g.,LutronicGenius,CLARITYII).
Korean Ministry of Food and Drug Safety (MFDS) approvals (e.g., LaseMD, enCurve, PICO+4, DermaV, Accucurv).KoreanMinistryofFoodandDrugSafety(MFDS)approvals(e.g.,LaseMD,enCurve,PICO+4,DermaV,Accucurv).
Acquisition of ISO9001/ISO13485 certifications and KGMP certification.AcquisitionofISO9001/ISO13485certificationsandKGMPcertification.
Selected as a 'World-Class Product and Manufacturing Company' for 17 consecutive years by the Ministry of Trade, Industry and Energy (for medical laser surgical devices).Selectedasa'World-ClassProductandManufacturingCompany'for17consecutiveyearsbytheMinistryofTrade,IndustryandEnergy(formedicallasersurgicaldevices).
Awarded the '100 Million Dollar Export Tower' on the 59th Trade Day (2022).Awardedthe'100MillionDollarExportTower'onthe59thTradeDay(2022).
Received the 'Middle Market Enterprise Growth Tower' award on the 8th Middle Market Enterprise Day (2022).Receivedthe'MiddleMarketEnterpriseGrowthTower'awardonthe8thMiddleMarketEnterpriseDay(2022).
Awarded the 'CLARITY II Technology Innovation Award' by the Korean Society for Laser Medicine and Surgery (2020).Awardedthe'CLARITYIITechnologyInnovationAward'bytheKoreanSocietyforLaserMedicineandSurgery(2020).
Designated as an 'Innovative Leading Medical Device Company' by the Ministry of Health and Welfare (2020).Designatedasan'InnovativeLeadingMedicalDeviceCompany'bytheMinistryofHealthandWelfare(2020).
Received the 'New Beauty Awards' for Lutronic Genius (2020).Receivedthe'NewBeautyAwards'forLutronicGenius(2020).
Selected as an 'Excellent Design' in the '2017 Good Design' by the Korea Institute of Design Promotion and the Ministry of Trade, Industry and Energy (for LaseMD PRO, 2017).Selectedasan'ExcellentDesign'inthe'2017GoodDesign'bytheKoreaInstituteofDesignPromotionandtheMinistryofTrade,IndustryandEnergy(forLaseMDPRO,2017).
Awarded the 'Frost & Sullivan' 2016 and 2015 South Korea Excellence Award for Aesthetics Devices Company of the Year.Awardedthe'Frost&Sullivan'2016and2015SouthKoreaExcellenceAwardforAestheticsDevicesCompanyoftheYear.
Received the 'Minister of Trade, Industry and Energy Commendation' in the Technology Acquisition Group category for World Class 300 contributors (2015).Receivedthe'MinisterofTrade,IndustryandEnergyCommendation'intheTechnologyAcquisitionGroupcategoryforWorldClass300contributors(2015).
Awarded the '30 Million Dollar Export Tower' (2014).Awardedthe'30MillionDollarExportTower'(2014).
Received the 'Industrial Medal for Venture Enterprise Development' (2013).Receivedthe'IndustrialMedalforVentureEnterpriseDevelopment'(2013).
Awarded the '20 Million Dollar Export Tower' (2012).Awardedthe'20MillionDollarExportTower'(2012).