March 03 2016, 11.44 AM IST || Pocket News Alert
Bausch & Lomb participated in the 5th Indian Salon & Wellness Congress, Awards 2016 took place in Hotel Pullman & Novotel, Aerocity, New Delhi.
1st March 2016: Beauty & Wellness is the Consumer driven industry and young India is currently the core consumer group driving the growth of the wellness industry. The fast pace of India's industrial & economic changes have radically transformed the operational environment of India's beauty & wellness industry. Bausch & Lomb participated in the 5th Indian Salon & Wellness Congress, Awards 2016 today and they were the associate sponsor of the event.
Mr. Sanjay Bhutani, Managing Director, India & SAARC at Bausch & Lomb India was one of the speakers of the sessions. While speaking on the growing demand of the aesthetic treatment Mr. Bhutani said, “The global medical aesthetics market is estimated to grow at a CAGR of 10.8% from 2015 to 2020. North America held the largest share of the medical aesthetics market in 2015. However, the Asia-Pacific region is poised to grow at the highest CAGR of 12.6% in the next five years. Factors such as rising consumer awareness and interest in aesthetic procedures, strong local economies, aggressive marketing by leading U.S. and European companies in Asia, decreasing social taboos, and rising medical tourism are propelling its growth.”
Bausch & Lomb has entered into India’s booming aesthetic market with launch of leading U.S. brands like ‘Thermage’, ‘Fraxel’ & ‘Vaser’ last year. The move comes in to address the burgeoning 25 Billion INR beauty treatment market. Bausch & Lomb intends to cater to India’s HNI’s (high net worth individual) segment who are looking & demanding for world-class aesthetic treatments. This year they have come up with brands like Liposonix, Isolaz & Obagi skin care to address body-contouring, anti-acne treatment & professional skin care segment.
Bausch & Lomb in association with the event organizer presented the Indian Salon & Wellness Aesthetic Award 2016 to following winners.
• Aesthetic Chain of the year- VLCC
• Excellence award for Aesthetics leadership- Kaya Skin Clinic
• Outstanding contribution to the Aesthetics industry- Dr.Jamuna Pai, Blush
• Aesthetics Player of the Year (South) - Kosmoderma (Dr.Chytra V Anand)
About Bausch & Lomb:
Bausch + Lomb, helping you see better, look better & feel better—to live better. Bausch & Lomb is a division of a Valeant Pharmaceuticals International, Inc.,
Valeant Pharmaceuticals International, Inc is a multispecialty pharmaceutical company that develops & markets prescription and non-prescription pharmaceutical products that make a meaningful difference in patients’/ consumers’ lives. Headquartered in Laval, Quebec, Valeant has approximately 17,000 employees worldwide and is listed on both the New York Stock and Toronto Stock Exchanges.
