Market Research Trends

The global DNA-based skin care market is predicted to experience a steady growth trajectory from 2022 to 2032, with a projected CAGR of 5.3%. This growth is expected to be driven by a surge in consumer spending within the beauty and personal care industry, resulting in an estimated market value of US$ 4.7 billion in 2022 and US$ 8.2 billion in 2032. DNA-based skin care involves the development of personalized skin care products based on an individual's DNA, which is obtained through a cheek swab and analyzed to assess their skin's inherent condition, including sun protection, collagen formation, antioxidant, glycation, and inflammation. The market is expected to benefit from increased spending on health and wellness products and ongoing advancements in genomics. Additionally, there is a desire among the geriatric population to maintain a youthful appearance, which is anticipated to further drive the market. Factors such as the growing influence of social media, lower prices fo...

In the forecast period of 2022 to 2032, the global DNA-based skin care market is expected to grow at a CAGR of 5.3%. It is projected to grow steadily, reaching $4.7 billion in 2022 and $8.2 billion in 2032. Rising consumer spending is expected to accelerate the beauty and personal care industry, driving sales of DNA-based skin care products. DNA-based skin care is the formulation and development of personalised skin care products based on patients' DNA. It entails obtaining DNA from a cheek swab and analysing it to determine the skin's inherent condition in terms of sun protection, collagen formation, antioxidant, glycation, and inflammation. Increased spending on health and wellness products, as well as ongoing advances in genomics, are expected to benefit the market. Another factor driving the market is the inherent desire to look young, particularly among the geriatric population. The growing influence of social media, lower prices for genetic diagnostics, and the exp...

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the DNA-Based Skin Care Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast. DNA-based skin care is the development and formulation of personalised skincare based on the patient's DNA. It entails extracting DNA from a cheek swab and analysing it to determine the skin's inherit condition across a variety of factors such as collagen formation, inflammation, glycation, antioxidant and sun protection, among others. The final step is the development and formulation of customised skin care products that address the needs of the user's skin. Impact of COVID-19 on the Healthcare Industry The COVID-19 pandemic has had a significant impact on the global economy at multiple levels, including the healthcare industry. The thriving ma...