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DNA Based Skin Care Products Global Market Report 2022: Increasing Demand for Health and Wellness Products Bolsters Sector

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Dublin, Oct. 12, 2022 (GLOBE NEWSWIRE) — The “DNA Based Skin Care Products Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering.

The global DNA-based skin care products market is expected to grow from $5.51 billion in 2021 to $5.99 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The market is expected to reach $7.46 billion in 2026 at a CAGR of 5.7%.

North America was the largest region in the DNA based skin care products market in 2021. The regions covered in the DNA based skin care products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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.

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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 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.

In March 2021, Invenio Genetics, a US-based not-for-profit health system, partnered with Imagine Labs for an undisclosed amount. The aim of the partnership is to bring inclusive genetic risk scores to the US market. Imagine Labs is a Singapore-based genetics analysis platform that creates personalized products according to customers’ DNA analysis.

Scope
Markets Covered:

1) By Product Type: Serum; Cream; Other Product Types
2) By End User: Home User; Wellness Clinics
3) By Distribution Channel: Online; Offline

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Key Topics Covered:

1. Executive Summary

2. DNA Based Skin Care Products Market Characteristics

3. DNA Based Skin Care Products Market Trends And Strategies

4. Impact Of COVID-19 On DNA Based Skin Care Products

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5. DNA Based Skin Care Products Market Size And Growth

6. DNA Based Skin Care Products Market Segmentation

7. DNA Based Skin Care Products Market Regional And Country Analysis

8. Asia-Pacific DNA Based Skin Care Products Market

9. China DNA Based Skin Care Products Market

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10. India DNA Based Skin Care Products Market

11. Japan DNA Based Skin Care Products Market

12. Australia DNA Based Skin Care Products Market

13. Indonesia DNA Based Skin Care Products Market

14. South Korea DNA Based Skin Care Products Market

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15. Western Europe DNA Based Skin Care Products Market

16. UK DNA Based Skin Care Products Market

17. Germany DNA Based Skin Care Products Market

18. France DNA Based Skin Care Products Market

19. Eastern Europe DNA Based Skin Care Products Market

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20. Russia DNA Based Skin Care Products Market

21. North America DNA Based Skin Care Products Market

22. USA DNA Based Skin Care Products Market

23. South America DNA Based Skin Care Products Market

24. Brazil DNA Based Skin Care Products Market

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25. Middle East DNA Based Skin Care Products Market

26. Africa DNA Based Skin Care Products Market

27. DNA Based Skin Care Products Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The DNA Based Skin Care Products Market

29. DNA Based Skin Care Products Market Future Outlook and Potential Analysis

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30. Appendix

Companies Mentioned

  • Targeted DNA
  • Caligenix Inc.
  • EpigenCare Inc.
  • Allel
  • SkinDNA
  • SkinShift
  • Anake
  • Genetic Beauty
  • DNA Skin Institute
  • LifeNome
  • Evergreen Health Solutions
  • SkinGenie
  • Jinomz

For more information about this report visit https://www.researchandmarkets.com/r/8dwgon


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Softonic acquires Appvizer to strengthen its position in B2B software market

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BARCELONA, Spain, July 8, 2024 /PRNewswire/ — Softonic.com, the world’s leading secure software distributor, announces its takeover of Appvizer, which specialises in B2B software recommendations.

Appvizer, which has clients such as Factorial, Monday.com, and Salesforce, attracts 2 million professional users each month. It uses advanced AI algorithms and data analytics to predict the search intentions of professionals even before they begin their search.
The company is also a driving force behind B2B Rocks, the leading European conference dedicated to the SaaS ecosystem which attracts over 3,000 attendees each year.
This strategic agreement benefits both parties. The transaction strengthens Softonic’s existing business while expanding into the growing B2B software advisory market. This move aligns with its long-term strategy to integrate businesses that support its mission to simplify software discovery and distribution. The partnership provides Appvizer with access to Softonic’s ecosystem of over 100 million unique users, allowing it to leverage Softonic’s resources and expertise.
Following a year of solid results, Softonic continues with its growth plan, which is focused on expanding the company’s market share and diversifying into mobile and strategic M&As.
Farouk Merzougui, VP of Finance and Legal at Softonic, said: “Softonic and Appvizer have created a powerful synergy. By leveraging our combined expertise, resources, and reach, together we will empower users worldwide to find the best software to meet their needs and achieve their goals. This adds a new discovery pillar for Softonic’s business and strengthens our position in the software market.”
Colin Lalouette, Managing Director at Appvizer, said: “Our primary focus has always been on delivering an exceptional user experience with Appvizer’s advanced recommendation algorithms and in-depth software reviews. Together with Softonic, we will enhance our platform’s capabilities and provide unparalleled value to our users. This acquisition is not just about expanding our audience; it is about embracing a shared vision for the future of software discovery and recommendation.”
The operation was advised by Wave Partners Ltd, a specialist strategic and M&A advisory firm, and La Tour International, an independent law firm.
About Softonic  
Softonic is a leading technology company specializing in secure software distribution. The firm operates the world’s leading secure software distribution platform Softonic.com. Currently available in 18 languages, the platform categorizes, evaluates, and distributes over 1 million Windows, Android, and Mac programmes and solutions worldwide. Every month, over 75 million people use Softonic.com due to its robust quality control checks, which help users download virus-free software.
Founded in Barcelona in 1997, Softonic is also behind other initiatives, including GHacks, a portal for IT users, and Digital Trends, a technology news site. The company currently employs over 90 people from 22 nationalities.
About Cloud is Mine (Appvizer and B2B Rocks)
Appvizer is a leading SaaS software recommendation platform dedicated to helping businesses find the best software solutions. Founded with the mission to simplify the software selection process, Appvizer combines advanced recommendation algorithms with expert reviews and user feedback to provide personalized and accurate software recommendations. By offering a comprehensive and user-friendly platform, Appvizer empowers businesses to make informed decisions, streamline their operations, and enhance productivity.
Founded in Montpellier in 2013, Cloud is Mine is also behind B2B Rocks: the premier European conference focused on the SaaS ecosystem. Established as a must-attend event for entrepreneurs, investors, and industry experts, B2B Rocks continues to drive the conversation on the latest trends and challenges in the B2B and SaaS landscapes.
 

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OpenAI Startup Fund & Arianna Huffington’s Thrive Global Create New Company, Thrive AI Health, To Launch Hyper-Personalized AI Health Coach

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Health and wearables product leader DeCarlos Love leaves Google to serve as CEO
The Alice L. Walton Foundation to be a strategic investor to leverage AI to make a healthier life accessible to all
SAN FRANCISCO, July 8, 2024 /PRNewswire/ — The OpenAI Startup Fund and Thrive Global announced today the creation of a new company, Thrive AI Health, exclusively devoted to building an AI health coach. The company’s mission is to use AI to democratize access to expert-level health coaching to improve health outcomes. This will also address growing health inequities by bringing the power of behavior change to the urgent challenge of chronic diseases. 

The company will be funded by the OpenAI Startup Fund and Thrive Global as lead investors. The Alice L. Walton Foundation is a strategic investor in the new company, underscoring Thrive AI Health’s focus on health equity.
As Sam Altman and Arianna Huffington wrote in an op-ed in TIME, “So much of the conversation around AI has been about how much time it will save us and how productive it will make us. But AI could go well beyond efficiency and optimization to something much more fundamental: improving both our health spans and our lifespans. Because health is also what happens between doctor visits. In the same way the New Deal built out physical infrastructure to transform the country, AI will serve as part of the critical infrastructure of a much more effective health care system that supports everyday people’s health in an ongoing way. These are some of the ideas behind Thrive AI Health.”
DeCarlos Love, a product leader who was most recently at Google, will be CEO of the new company. At Google, he led sensors, AI & ML algorithms as well as health and fitness experiences across all devices and platforms, including Fitbit by Google Fitness, Pixel Watch and Wear OS. Prior to Google, Love held product roles at Apple and Athos. His passion and experience are further cemented from spending time as a coach for different sports as well as developing a childhood obesity program in his hometown of Minneapolis. 
Thrive AI Health will use the power of generative AI to hyper-personalize and scale behavior change across the five key and interconnected daily behaviors that govern our health: sleep, food, fitness, stress management and connection. Given that behavior accounts for a significant share of health outcomes than medical care or our genes, by adopting healthier habits in these five behaviors, people can make dramatic improvements in health outcomes.
The Thrive AI Health Coach will be an essential tool for both prevention and for optimizing the treatment of disease through an AI personal context engine that understands the user and generates personalized AI-driven insights; proactive, multimodal, expert-level coaching as well as nudges and recommendations unique to each user across the five behaviors. They will all be powered by a unified health data platform with robust privacy and security guardrails to deliver a transformative health experience. The Thrive AI Health Coach will be trained on the latest peer-reviewed science, biometric, lab and other medical data, as well as users’ personal preferences and goals around the five key daily behaviors. 
The new company will leverage resources from OpenAI and Thrive Global, including Thrive Global’s leading behavior change methodology, Microsteps and content library. Thrive AI Health will also take advantage of the latest developments in AI, including enhanced long-term memory capabilities and a custom-developed behavioral coaching model with domain-specific customization, to empower individuals to take action across these five daily behaviors and improve health outcomes.
“Recent advancements in artificial intelligence present an unprecedented opportunity to make behavior change much more powerful and sustainable,” said DeCarlos Love, Thrive AI Health CEO. “AI has shown a remarkable ability to assimilate large datasets, extract actionable insights, recognize patterns, and deliver personalized recommendations. However, despite these technological advances, the current landscape of large language models (LLMs) still falls short of delivering a truly comprehensive and effective personalized behavior change and coaching experience. Thrive AI Health Coach is the product to solve the limitations of current AI and LLM-based solutions by providing personalized, proactive, and data-driven coaching across the five daily behaviors. This is how it will improve health outcomes, reduce healthcare costs and significantly impact chronic diseases worldwide.”
“Through AI, we can make health and wellness opportunities more accessible for all,” says Alice Walton, founder of the Alice L. Walton Foundation, Heartland Whole Health Institute, and the Alice L. Walton School of Medicine. “Thrive AI Health offers the potential of increasing access to tools that can change behaviors and ultimately increase quality of life.”
The aim for the AI Health Coach is to finally reduce the trendlines on chronic diseases, which are skyrocketing around the world. In the U.S. alone, around 90% of our $4.1 trillion in healthcare spending — 17% of GDP, up from 5% in 1960 — is for the treatment of chronic and mental health conditions. A staggering 129 million Americans have at least one chronic condition, and in 2023, eight chronic conditions, including cardiovascular diseases, depression and diabetes, hit all-time highs. The status quo is unsustainable — a challenge that AI-driven hyper-personalized coaching is uniquely positioned to address.
Given that chronic diseases — like diabetes and cardiovascular diseases — are directly related to daily behaviors but not distributed equally across demographics, the Thrive AI Health Coach will leverage the power of AI to reach underserved communities. Dr. Gbenga Ogedegbe, Professor of Population Health & Medicine and Director, NYU Langone’s Institute for Excellence in Health Equity, will serve as Health Equity Advisor to Thrive AI Health. 
Thrive AI Health has established research partnerships with leading academic institutions and medical centers which will include bringing the AI Health Coach to their communities. Stanford Medicine, the Alice L. Walton School of Medicine and the Rockefeller Neuroscience Institute at West Virginia University are launch partners.
“Working together with Stanford Medicine and Thrive AI Health, we are excited to engage our faculty and future physicians to explore the use of AI Health Coach in ways that reflect our whole health approach,” said Dr. Sharmila Makhija, Founding Dean and CEO of the Alice L. Walton School of Medicine. “We strongly believe AI will positively change the future of health care, from medical education to clinical care, and we are committed to leveraging this technology to its full potential.”
“At Stanford Health Care, we are committed to delivering transformative digital experiences that enhance patient care, enable cutting-edge research, and help train tomorrow’s health leaders,” said Dr. Michael Pfeffer, Chief Information and Digital Officer for Stanford Health Care. “We are excited to explore the potential of AI Health Coach to advance these goals for the benefit of patients and providers alike.”
“For the last five years, the Rockefeller Neuroscience Institute has partnered with Thrive Global, conducting clinical research studies involving over 3,000 participants linking our Human Operating System and AI-driven real time digital health insights with Thrive Global’s behavior change methodology, Microsteps and content,” said Dr. Ali Rezai, Director of the Rockefeller Neuroscience Institute. “We are excited about this next stage collaboration with Thrive AI Health to accelerate the impact of personalized coaching to improve health, especially in rural America.”
About Thrive GlobalFounded by Arianna Huffington in 2016, Thrive Global is a leading behavior change technology company with the mission to improve productivity and health outcomes – one Microstep at a time. Thrive helps individuals and organizations improve well-being, performance and mental resilience with its AI-powered behavior change technology platform. Thrive’s Microsteps – small, science-backed steps to improve health and productivity – have been adopted by employees at more than 200 organizations in over 160 countries, from frontline and call center workers to executives at multinational companies. For more information, visit www.thriveglobal.com.ContactsLibby DukeHead of Communications, Thrive [email protected]

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OQC expand leadership with appointment of General Counsel to C-Suite

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READING, England, July 8, 2024 /PRNewswire/ — OQC, a global leader in quantum computing solutions and spin-out from Oxford University’s Department of Physics, today announced the appointment of  Nikki Cooper as General Counsel to the company C-Suite. Cooper, who previously held the position of General Counsel and Company Secretary at OQC, marks a further expansion for the deep tech company’s leadership team.

Cooper is an Associate Member ACG of the The Chartered Governance Institute UK & Ireland and a licensed professional solicitor accredited by the Solicitors Regulation Authority. She has maintained a critical role within the company guiding complex strategic decisions and processes to support growth; notably within international expansion and their Series B investment raise. The new C-Suite position will see her navigate the ever-evolving regulatory landscape, conduct business in an ethical and compliant manner, and help drive and develop OQC’s legal, security, corporate governance and compliance activities.
“Nikki has been invaluable in her time at OQC and as we continue on this journey of growth, her counsel will remain a pillar of our success.” said CEO, Gerald Mullally. “I am delighted to have Nikki as a core part of the OQC executive team”
This appointment comes at a focal moment for OQC with the recent appointment of a CSO as they begin a new era of growth, working to advance its core technology toward the era of universal fault tolerant quantum computation. Progression can be seen in other areas of the company, including a world-first integration of through-sapphire substrate machining with superconducting quantum processors, electron-beam annealing of Josephson junctions offers precise control over qubit frequencies post-fabrication, and developing a hardware efficient error-detection method laying the foundation to implement quantum error correction in next-generation quantum computers.
Commenting on the appointment, Cooper said: “I am delighted to have joined the executive team at OQC. It’s an incredibly exciting time for the company and its renewed strategic vision is one that is awe-inspiring and achievable, thanks to the unrivalled expertise within the team. I look forward to continue helping the company on our mission to put quantum into the hands of humanity, while pioneering technological breakthroughs.”
About OQC
OQC is a global leader in quantum computing-as-a-service, building a brighter future by providing enterprise-ready quantum solutions that seamlessly integrate into digital infrastructures and customer workflows. By pushing technological boundaries, we were the first commercially available quantum computer in the UK, the first Quantum Compute-as-a-Service company in Europe, and the first in the world to deploy a quantum computer to a commercial data centre including the integration with high performance compute. Our work has begun to break down technical, financial, and geographical barriers to quantum; offering every enterprise a chance to seize a competitive edge.
Our latest device, OQC Toshiko, is the world’s first and only enterprise ready platform: a powerful next generation system, deployed to commercial data-centres, enabling businesses to securely tap into ground-breaking technology. For more information, visit our website: www.oqc.tech.
Photo – https://mma.prnewswire.com/media/2455058/Nikki_Cooper_headshot.jpg

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