EXHIBIT 22

                         SUBSIDIARIES OF THE REGISTRANT

      The following is a list of the subsidiaries of the Company:
                
                                                 Place of
           Subsidiary                          Incorporation
           ----------                          -------------
     1)    Candela Iberica, S.A.               Spain
 
     2)    Candela France S.A.R.L.             France
 
     3)    Candela K.K.                        Japan
 
     4)    Candela Laser (Deutschland) GmbH    Germany
 
     5)    Candela Skin Care Centers, Inc.     Massachusetts