Press release
DNA Based Skin Care Products Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Targeted DNA, Caligenix Inc., EpigenCare Inc., Allele Biotechnology and Pharmaceuticals Inc
DNA Based Skin Care Products Market Size
The Business Research Company offers in-depth market insights through DNA Based Skin Care Products Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The dna based skin care products market size has grown strongly in recent years. It will grow from $6.5 billion in 2023 to $7.01 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to increased skin health awareness, dermatological conditions prevalence, aging population, increased aesthetic and cosmetic procedures, and skin cancer diagnostics.
The dna based skin care products market size is expected to see strong growth in the next few years. It will grow to $9.48 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to minimally invasive treatments, rising medical tourism, emerging market growth, and increasing research and development activities. Major trends in the forecast period include dna testing kits, innovative anti-aging solutions, anti-inflammatory formulations, gene expression analysis, and development of innovative delivery systems.
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Market Segmentation:
The main types of DNA-based skin care products are serums, creams, and others. A serum is a concentrated form of an active substance that tackles specific skincare issues. The contents are potent and comprised of tiny molecules. The different end uses include home users, wellness clinics, and salons that are distributed through several channels such as online and offline.
Major Driver - Increasing Demand For Health And Wellness Products Drives The Dna-Based Skin Care Products Market
The increasing demand for health and wellness products is expected to propel the growth of the DNA-based skin care products market going forward. Living a healthy lifestyle improves a person's appearance and well-being, and the health of the skin is an indicator of a person's overall health. Using wellness care products in your daily routine helps in maintaining hygiene and helps in the prevention of catching and spreading germs and diseases. For example, in 2021, according to a live mint poll, more than 60% of consumers said they bought more health and wellness products, such as prescriptions and other wellness products. Therefore, increasing expenditure on health and wellness products is driving the growth of the DNA based skin care products market.
Competitive Landscape:
Major companies operating in the dna based skin care products market include Targeted DNA, Caligenix Inc., EpigenCare Inc., Allele Biotechnology and Pharmaceuticals Inc., SkinDNA, SkinShift, Anake DNA, Genetic Beauty, DNA Skin Institute, LifeNome Inc., Evergreen Health Solutions Ltd., SkinGenie Pvt Ltd., Imagine Labs Pvt Ltd., Organic Bath Co., Gene skin, Innovation Institute LLC, Biotype Biotech Pvt Ltd., Dermatype, The Biomimicry Institute, SkinCeuticals, SkinMedica, Obagi Medical Products, Johnson & Johnson Services Inc., Bioelements, Oriflame India Private Ltd., Nu Skin Enterprises Inc., Deoxyhemoglobin Vasodilato, Neova Solutions Private Ltd.
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Top Trend - Technological Advancements Transform The Market
Technological advancements have emerged as the key trend gaining popularity in the DNA based skin care products market. Major players operating in the DNA based skin care products market sector are focused on launching new technologies for market growth. For instance, Caligenix, a US-based NextGen precision health biotech company, launched genomic-based wellness brands named Dermatype and Biotyp. By using AI (artificial intelligence) algorithms, genomic technologies, and diagnostic tests, they are matched to people's unique genomic DNA. Dermatype is a complete skincare solution that includes product matching, a skin DNA test, and facial analysis powered by AI.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. DNA Based Skin Care Products Market Characteristics
3. DNA Based Skin Care Products Market Trends And Strategies
4. DNA Based Skin Care Products Market - Macro Economic Scenario
5. DNA Based Skin Care Products Market Size And Growth
…..
27. DNA Based Skin Care Products Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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