Wednesday, 16 March 2016
Global Anti-ageing Wearables Market Driven by Increasing Incidence of Skin Disorders
The increasing prevalence of skin disorders around the world has fuelled the demand for skincare devices in the recent times. Major companies operating in the global skincare devices market are focusing on introducing highly developed state-of-art skincare devices to meet the demand of their customers.
Increasing Prevalence of Skin-aging Propels Demand for Skincare Devices
Nowadays, skin-aging has become the most common skin problem faced by people around the world. The rising pollution across the world has caused several severe environmental damages, which has accelerated the aging of skin in an individual. This factor has given rise to various trends in the worldwide skincare devices market, the emergence anti-ageing wearables being the latest one.
Although the global wearable tech market is still in its early stage, with three of the leading manufacturers of skincare products introducing their wearable anti-ageing devices, anti-ageing wearables are set to enjoy an exponential growth in demand in the near future.
L’Oreal Introduces My UV Patch, Feeligreen to Launch Anti-aging Skin-like Patch
The first among these is L’Oreal Paris, which has recently launched a UV-detecting patch, named My UV Patch. This is a smartphone-connected adhesive patch that keeps a tab on the UV exposure of its user. The company has entered into the wearable tech market with this introduction.
Second in line is Feeligreen, a French startup operating in dermo-therapeutic and dermo-cosmetic applications. Using micro-current technology, the company is working on creating a skin-like patch, equipped with anti-ageing benefits for active treatment of the signs of ageing. This patch will also help in diffusing beauty products and topical medication into the skin.
Wired Beauty Rolls out World’s First Connected Beauty Mask
Futuristic facial mask from Wired Beauty is the third wearable skincare device that has created a buzz in the global market. The device, named MAPO, is the first connected beauty mask in the world.
The device, developed on crowd-funding, is a 3D soft silicon face mask, equipped with bio-sensors to measure skin-hydration level in real time. This information is transmitted to an app, which offers recommendations related to skincare to the wearer. The company has priced this device at US$221.74.
North America to Retain its Position as Market Leader in Global Skincare Devices Market
The global skincare devices market has been witnessing a remarkable rise over the past few years. Transparency Market Research (TMR) has recently published a research report on the global skincare devices market, estimating it to report a CAGR of 10.10% between 2012 and 2018 and reach a value of US$10.7 bn by the end of 2018.
North America has been leading the global market for skincare since last few years. Experts project it to retain its position in the coming years. Asia Pacific is also predicted to exhibit significant growth in the near future.