Medtech has become a fundamental part of beauty, wellness, and cosmetics. From hyaluronic acid injections to microdermabrasion, aesthetics and skincare have been saturated with various med-treatments. In fact, the global medtech market for beauty and cosmetics is projected to reach a value of USD 11billion by 2023.
CEO @ GMI Software
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19 July 2022 6 MIN OF READING
Table of content
- Let’s Dive Into The World of Future Medtech Beauty!
- A Little Background on Medtech Beauty
- AI-Enabled Automated Devices
- Biomimicry and Bio-Inspired Technologies
- 3D Printing In Beauty Manufacturing
- Emerging Technologies in Skin Care and Cosmetics
- Conclusion
The rise in demand for non-invasive procedures and skin care products is leading to an increased adoption of technologies such as laser, light, radiofrequency and ultrasound innovations for the development of new cosmetic products. The beauty industry continues to be one of the most lucrative markets due to its steady growth along with the aging population. Hence, leading players such as L’Oréal with its subsidiary ITEND are investing in these subsectors.
Let’s Dive Into The World of Future Medtech Beauty!
The medtech world has brought a lot of innovations in beauty and skincare. From smart products to AI enabled devices, smart in-store technology and advanced digital platforms, the industry has witnessed a lot of growth in the past few years. Let’s take a look at the list of future medtech beauty trends that are gaining popularity.
From addressing the issue of wrinkles and pigmentation to offering a better experience of skincare routines, technology is adding an extra layer of comfort. From a smart mirror to facial analysis technology, there is a lot that the medtech world has in store for us.
A Little Background on Medtech Beauty
The beauty industry is primarily driven by the growing demand for hygienic, aesthetic, and premium products. The increasing number of health-conscious consumers, coupled with the growing disposable income, has resulted in the growth of the beauty industry over the last decade. The increasing focus on preventive skincare, rising demand for minimally invasive cosmetic procedures, and the growing popularity of at-home beauty treatments are the factors which have contributed towards the growth of the industry.
In recent years, the introduction of technological advancements like AI and robotics has also been instrumental in growing the beauty industry. These new technologies have been used in manufacturing devices such as lasers, micro-needling machines, and in the production of beauty products including creams and serums.
AI-Enabled Automated Devices
In an era of digital transformation, devices that use artificial intelligence (AI) are becoming increasingly popular. Devices that use AI are able to recognize patterns and make decisions based on the data. In the beauty industry, the use of AI has been applied in devices such as hair removal devices, teeth whitening devices, and in anti-aging devices.The use of AI in beauty devices is expected to increase in the coming years. The growing demand for anti-aging devices, coupled with the increasing popularity of at-home skin care treatments, are expected to drive the growth of the AI-enabled devices market for beauty and skincare.
The growing adoption of these devices is expected to drive the growth of the AI-enabled devices market for beauty and skincare. The rising demand for at-home skin care treatments coupled with the increasing popularity of anti-aging devices is expected to drive the growth of this market. The rising demand for anti-aging devices is expected to drive the growth of the AI-enabled devices market.
Biomimicry and Bio-Inspired Technologies
Bio-inspired technologies are a type of biomimicry which is the imitation of nature. With increasing awareness around the dangers of synthetic products, scientists are turning towards botanicals, marine extracts, and other natural ingredients for the manufacturing of skincare products.Biomimicry has been used for the development of innovative technologies for beauty and skincare. For example, the manufacturers have used aerogels for the development of skincare products. Aerogels are a lightweight material that is 100 times less dense than air.
The use of biomimicry and bio-inspired technologies for the production of skincare products is expected to increase in the coming years. The growing demand for skincare products that are free of synthetic ingredients is expected to drive the growth of the biomimicry and bio-inspired technologies market for beauty and skincare products.
3D Printing In Beauty Manufacturing
3D printingbeauty products
The 3D printing in beauty manufacturing market is expected to grow at a significant rate during the forecast period. The increasing demand for customized products and increasing adoption of digital technologies are expected to drive the growth of the market during the forecast period.
Emerging Technologies in Skin Care and Cosmetics
The rising demand for anti-aging products is driving the growth of the skin care and cosmetics industry. The demand for products that can help prevent the signs of aging is increasing significantly among consumers.The skin care and cosmetics industry is expected to grow at a significant rate during the forecast period. The increasing demand for luxury skin care products, the increasing number of skin care treatment advancements, and the rising popularity of at-home skin care treatments are expected to drive the growth of the skin care and cosmetics industry.
The rising demand for anti-aging products coupled with the increasing popularity of at-home skin care treatments is expected to drive the growth of the skin care and cosmetics industry. The growing adoption of laser hair removal, IPL, and other anti-aging devices is expected to drive the growth of the skin care and cosmetics industry.
Conclusion
The medtech world has brought a lot of innovations in beauty and skincare. From smart products to AI enabled devices, smart in-store technology and advanced digital platforms, the industry has witnessed a lot of growth in the past few years. Let’s take a look at the list of future medtech beauty trends that are gaining popularity.
From addressing the issue of wrinkles and pigmentation to offering a better experience of skincare routines, technology is adding an extra layer of comfort. From a smart mirror to facial analysis technology, there is a lot that the medtech world has in store for us.
