The beauty and wellness industry has withstood Corona, and not only does it continue to thrive, but also expand. At-home skin laser treatments for curing acne and hair loss will soon be joined by opportunities for at-home teeth alignment as well, offered by Toothsi.
Toothsi, is a two-year-old dental tech D2C startup which is a part of the parent company, AMPA Orthodontics. Toothsi is in the business of selling a ‘great smile’ and offers customers an opportunity to get teeth alignment treatments at home! AMPA Orthodontics has raised US$5 million in order to expand its presence to over 15 Indian cities, enhance its research, development and technology capabilities, and also diversify into dermatological treatments. Skinnsi, a part of the AMPA group, will provide at-home beauty treatments such as laser hair removal; and Toothsi, who claims to have served 7,500 dental care customers last year, is targeting 50,000 this year for at-home dental care. The Toothsi’s at-home model of operations is predicting to serve 30 lakh customers by 2025, a company source has reportedly said.
The Indian healthtech market is expected to grow at a CAGR of 27 per cent between 2020-25 and will acquire 3.2 per cent of the global healthtech market in the next five year. In fact, it is projected to reach US$21.3 billion by 2025, from US$5.2 billion in 2019.