Personalized products are contributing to the growth of skin care analysis technology.
The skin analysis market will grow substantially in the next 10 years as technology, range of business models and company value propositions change.
A study conducted by IDTechEx found that the skin analysis industry is expected to reach a value of $275 million by 2030.
Factors impacting growth include:
- Consumer education about skin conditions and products to alleviate them
- Personalized products to consumers
- Digital cameras and AI technology in the palms of consumers from their smartphones
- New models continue to emerge
To read more about the rise of skin analysis technologies, please visit IDTechEx’s report.
