The Digital Revolution in Plastic Surgery, Cosmetics, and the Beauty Industry
Biplab Lenin
Building Pharma and Healthcare practice at CAM | IBLJ: Future Leader 24 | Legal Era: Leading Lawyer Champions-25 | Legal 500: Next Gen Partner 24 & Key lawyer-23
Impact of digital technology on plastic surgery, cosmetics, and the beauty business, emphasising the transformative potential of artificial intelligence, facial recognition technology, and biotechnology is huge. Technology is transforming patient care and surgical planning in plastic surgery, as well as the function of facial recognition in recognising medical issues. The intersection of cosmetics and healthcare, with an emphasis on the relevance of consumer-driven sustainability and cruelty-free practises, as well as the problems of adapting the supply chain for advanced cosmetic products, is developing quickly.
The industry's use of digital marketing is also evolving. The value chain of the beauty and wellness sector is evolving due to the impact on different industry segments and the incorporation of digital technology. The notion of "uberization" is explored, whereby established enterprises are adjusting to make room for digital natives. The piece also highlights major developments influencing the beauty and wellness industry, such as augmented reality, artificial intelligence, and customised goods.
These technology developments are dismantling the old barriers of the medical establishment and democratising access to healthcare and personal health data, in addition to empowering medical professionals in their practise.
AI's Role in Plastic Surgery: Prognoses, Diagnoses, and Surgical Planning
The incorporation of AI-based technology into the area of plastic surgery is a game-changer. AI has the ability to change surgical decision-making by anticipating prognoses and diagnoses. Researchers built a machine learning model capable of detecting burn depth and forecasting healing durations using data from a portable reflecting spectrophotometer in the early 2000s, obtaining an outstanding 86% accuracy rate. With 96% accuracy, this model could predict whether burns would heal in 14 days or take longer to recover with 75% accuracy. Such insights can be extremely useful in assisting clinicians in providing the best possible patient care. In 2019, scientists published a supervised machine learning algorithm that successfully diagnoses patients undergoing jaw surgery using 3D scans. This programme takes things a step further by simulating surgical outcomes in 3D.
Facial recognition technology (FRT), is one of the technology that combines image processing and deep neural networks. It can recognise and analyse patterns in facial features, revealing a wide range of medical disorders. It can help professionals detect certain medical disorders.?
The Intersection of Life Sciences, Cosmetics, and Healthcare
The cosmetic industry has long been linked to pharmaceutical technologies and practises, but this connection has grown stronger in recent years. It's no longer just about finding the perfect lipstick hue; it's about creating anti-aging moisturisers and serums that protect against environmental contaminants.
The cosmetics sector is undergoing a shift as a result of consumer demands. The emphasis has switched from simply masking flaws to improving general skin health, protecting against UV rays and pollution, and attempting to reverse the effects of ageing. To provide these desired effects, the most recent cosmetics combine cutting-edge research, such as biotechnology-derived chemicals, genetic profiling, and stem-cell-based treatments to regenerate ageing tissues.
Cosmetic formulation has long been at the forefront of scientific discovery, but as technology advances, the lines between cosmetics, pharmaceuticals, and life sciences become increasingly blurred.
Biotechnology Breakthroughs in Skin Healthcare
Consumer demand is driving the cosmetics sector towards more environmentally friendly and ethical practises. Historically, the industry received components from animals or tested them on them, but shifting customer preferences have resulted in a shift towards natural alternatives.
?In terms of production and logistics, the cosmetics business presents particular obstacles. Demand can spike unexpectedly, needing flexible and efficient processes. The consequences for cold chain logistics are growing as cosmetics contain more active components and genetic editing technologies. These items cannot be handled using typical logistics; instead, a cold-chain network is required to maintain product integrity throughout transportation.
?Cosmetics are sold through a variety of channels, ranging from direct-to-customer sales to retail locations and wholesalers, resulting in a complex supply chain. These products may travel longer distances, encounter temperature-controlled warehouses, and be exposed to a variety of environmental conditions while in transit.
The arrival of this new era in cosmetics will transform the business by providing revolutionary product performance, sustainability, and raw material sourcing. These developments, however, are not without their difficulties. To traverse this changing market, this transition may usher in new regulatory requirements and necessitate tremendous flexibility in the supply chain.
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The Growing Significance of the Beauty Industry and Digital Marketing
The beauty sector has grown in prominence in recent years, owing to a variety of factors. People are becoming more mindful of their appearance as a result of changing workplace dynamics and a profusion of products meant to improve one's appearance.
Because of the advent of the internet and the appeal of cosmetic products, digital marketing has emerged as a major force in the beauty sector. Many businesses have realised the value of digital marketing, resulting in increased traffic to their websites and an increase in sales.
?The rise of short video and live platforms has opened up new channels for beauty and skincare brand promotion. These platforms enable marketers to connect with consumers via word-of-mouth communication and co-create video content that is relevant to their target demographic. This strategy is especially efficient in matching brand advertising to the user demand characteristics of key opinion leaders and celebrity fan circles.
Integration of Technology into the Beauty and Wellness Industry Value Chain
Digital technology is currently integrated into numerous value chain segments of the beauty and wellness business. In general, technology has had a substantial impact on core activities such as logistics and forecasting, production, distribution and sales, marketing, and communication. Notably, with the exception of research and development (R&D), support operations have also undergone technological breakthroughs.
Distribution and Sales: The beauty business is seeing "phygitalisation" of retail. Digital extensions, such as software and smart devices, are increasingly being added to physical objects. These products can be purchased through a variety of digital distribution channels, including e-commerce, mobile commerce, social commerce, marketplaces, subscriptions, and live streaming. The incorporation of digital technology tools such as virtual try-ons, skincare diagnostics, and artificial intelligence-based scent choosing has revolutionised the buying experience.
Marketing and Communication: Digital technology plays an even more prominent role in marketing and communication. Brands connect with various consumer groups through social media, virtual assistants, voice bots, and chat bots. Big data and artificial intelligence are used to tailor digital advertising messages, and push notifications are delivered via connected devices. Customer reviews and video tutorials are integral to digital marketing strategies.
Production: Robotics and 3D printing have optimized the production process in the cosmetics industry. Some brands have even patented 3D printed components, such as mascara brushes. Artificial intelligence has made the production process more sophisticated, speeding up time-to-market and enabling greater product and packaging personalization.
Logistics and Demand Planning: Technology, including machine learning, artificial intelligence, and big data, enhances logistics and demand planning by improving forecast accuracy, stock level optimization, and reducing obsolescence. Blockchain technology offers transparency in the logistics process, contributing to sustainability.
?R&D: Research and development activities leverage digital technologies, including machine learning, artificial intelligence, and big data. These technologies are applied to enhance sustainability, develop new product formulas, and create innovative beauty devices. Personalized skincare and wellness products based on DNA and microbiome data are emerging trends.
Procurement: Blockchain technology has the potential to increase ingredient sourcing transparency, although practical implementation is limited. Some brands have taken steps to leverage blockchain in their supply chains, such as Aveda's program for Madagascan vanilla.
Digitization has reduced entry barriers to the beauty sector, resulting in disruption, increased competition, and market share loss for incumbent firms. Traditional corporations are undergoing business reforms as the sector undergoes revolution. Although large expenditures are required, the long-term impact of digitization on business profitability and effectiveness is beneficial.
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Sr. Account Director - Digital @ Adfactors PR | Digital Media in Public Relations
10 个月Engaging read! The digital era offers immense innovation potential in beauty and healthcare. However, this innovation carries the responsibility to manage new risks, especially reputation damage. Missteps in AI, like incorrect diagnoses or product recommendations, can lead to significant PR issues. In the age of social media, any negative incident can greatly harm a brand's reputation. This makes savvy digital media use essential, not just for marketing but also as a tool for reputation management. Engaging with audiences, responding promptly to feedback, and transparent communication are key to mitigating crises and demonstrating commitment to innovation and customer care. Navigating the intersection of technology, healthcare, and beauty is complex. Biplab, I'm keen to hear from you in case you have a perspective on how leaders can address these challenges, particularly reputation risks, while effectively using digital media for marketing and reputation management.
Consumer & Market Intelligence #AI #CX #Ebusiness #Saas
11 个月AI is able to inform companies about their consumer sentiments! Wonderflow helped Shiseido to understand their consumers feelings, likes and dislikes about their products and those of their competitors. It's crazy what we can do with AI!
@ Dart.cx || Burgeoning Jurisprudence Scholar || @ University of Manchester
1 年Great post, Biplab! The digital revolution has truly transformed the plastic surgery, cosmetics, and beauty industry. It's incredible to see how technology, like AI and ML, is being leveraged to enhance healthcare and improve patient outcomes. My question for you is, how do you see the digital landscape shaping the future of these industries? Are there any specific trends or advancements that you're particularly excited about?