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Facial Skin Analyzer Market Future Trends and Strategy Analysis By Top Players BOMTECH ELECTRONICS CO., Ltd., DJM Medical Instrument GmbH, Cortex Technology, Innisfree, Cynosure, Inc., QuantifiCare, Salient Medical., PIE Co., Ltd., Canfield Scientific Inc

11-21-2018 06:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Facial Skin Analyzer Market

Facial Skin Analyzer Market

Rising digitalization in beauty therapies is expected to drive growth of the facial skin analyzer market. For instance, in July 2018, Innisfree, Korean cosmetics player, introduced ‘New Retail’ features in China called as ‘Innisfree x Tmall New Retail Store’ via Alibaba Group Holding Limited’s. Innisfree x Tmall New Retail Store comprises smart skin analyzer of Innisfree, which uses high-precision camera on different parts of face to analyze images and instantaneously generates a detailed report of the skin condition.

Moreover, QuantifiCare launched 3D LifeViz II, the SkinCare module, in October 2018. It enables physicians to generate a complete report in 3D format, measuring skin changes including wrinkles, oiliness, pores, spots, and evaluate skin health using multivariate analysis. The severity of each criterion can be visualized in 3D and highlighted with a color scale. The report provides a reference tool to guide physician and inform patient of the best aesthetic interventions.

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Furthermore, in September 2018, PIE Co., Ltd., launched new facial Analysis System, Janus III. This has high-resolution camera, which allows nasolabial fold analysis, jaw angle analysis, and redness, along with cosmetics products recommendation tool. This can be used by cosmetics sellers after registering on Janus software and the results can be downloaded from the Cloud App on Android.

Furthermore, companies offering beauty products are also upgrading its products and services to satisfy consumer needs and analyze skin features to use cosmetics products with greater efficiency, which is projected to increase growth of the facial skin analyzer market. For instance, WayWearable, in February 2016 launched WaySkin, a donut-shaped device, which determines the moisture intensities of facial skin. Sensors on the other side of the device detect environmental factors such as humidity or UV light. The smartphone app connected via Bluetooth then alerts the user when it is time to rehydrate the skin or reapply sunscreen.

Facial Skin Analyzer Market – Restraint

Limitations of facial skin analyzers such as in-accuracy in face detection and loss of functioning in low light are expected to restrain growth of the market. For instance, researchers at the MIT Media Lab, in August 2018, found that face analyzers are less accurate for people with darker skin tones and do not work well in low light. Moreover, concerns over accuracy of facial recognition systems were raised when the American Civil Liberties Union (ACLU) released the results of Rekognition, a face identifier and analyzer manufactured by Amazon, misidentified 28 members of Union in July 2018.

Facial Skin Analyzer Market – Regional Analysis

On the basis of region, the global facial skin analyzer market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America is estimated to lead the global facial skin analyzer market during the forecast period, owing to advancements of technologies in face recognitions and analysis system. For instance, in April 2018, Army Research Laboratory of U.S. developed artificial intelligence and machine learning technique that produces visible face image from a thermal image of a person's face captured in low-light or nighttime conditions. This development could lead to enhanced real-time biometrics and post-mission forensic analysis for covert nighttime operations.

Likewise Asia Pacific region is also anticipated to observe noteworthy growth in the facial skin analyzer market, attributed to emerging startups for manufacturing of skin analyzers. For instance, in March 2017, Vescir Ltd.— a Taiwan based startup— started manufacturing portable, medical grade, and smart, facial skin analyzers (CA516 model). The device aids in skin hydration and UV protection.

The facial skin analysis system utilizes skin care photographic imaging that allows screening and measurement of skin surface and subsurface facial skin conditions. It uses digital images technologies, with aid of plane polarized light (PPL), ultraviolet (UV) spectrum, and visible light. The skin analyzer system is a self-contained unit that captures multi-spectral photos of face, examines complexion for wrinkles, spots, pores, texture, porphyrins (presence of bacteria in pores), UV spots, pigmented spots, and acne. Additionally, the system enhances the skin aesthetically so as to look more appealing. It is used by cosmetic surgeons, dermatologists, and other medical and skin care professionals to develop more targeted treatment plans for treating skin diseases.

Facial Skin Analyzer Market – Competitive Analysis

The key players opesrating in this market include BOMTECH ELECTRONICS CO., Ltd., DJM Medical Instrument GmbH, Cortex Technology, Innisfree, Cynosure, Inc., QuantifiCare, Salient Medical., PIE Co., Ltd., Canfield Scientific Inc., AMWAY (SINGAPORE) PTE LTD., and Bio-Therapeutic, Inc.

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Facial Skin Analyzer Market – Taxonomy

By Product Type

Portable Devices
Standalone Devices
By End Users

Hospitals
Specialty Cosmetics Clinics
Plastic & Cosmetic Surgery Centers
By Region

North America
Europe
Asia Pacific
Latin America
Middle East
Africa

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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