According to data from Data Bridge Market Research, the medical spa industry, which was valued at USD 16.50 billion in 2022, is anticipated to grow to USD 49.09 billion by 2030, at a CAGR of 14.6% from 2023 to 2030. The market reports compiled by Data Bridge Market Research also include in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework. These insights on market scenarios include market value, growth rate, segmentation, geographic coverage, and major players.
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An international Medical Spa Market business report has detailed statistics and market research insights for an accelerating growth and successful sustainability in the market. Skilled forecasters, knowledgeable analysts and well-versed researchers work meticulously on different markets, marketing strategies, trends, future products and emerging opportunities to present an excellent market report. This business report helps grow sales with new thinking, innovative skills, sharp industry insights and latest tools and technology. Excellent practice models and method of research employed in this report has made it easy to uncover the best opportunities to thrive in the market. Medical Spa Market research report lends a hand to businesses with the intelligent decision making and manages marketing of goods.
Global Medical Spa Market Dynamics
Drivers
- Rise in geriatric population
The geriatric population is expected to grow significantly during the forecast period. According to WHO, the number of people over the age of 60 will rise to 1.4 billion by 2030. The desire to look young and attractive even in old age is fuelling the growth of the geriatric segment. People over the age of 60 are more interested in maintaining a healthy lifestyle, which leads to an increase in medspa visits.
- Technological advancements
Technological advancement is a major trend that is gaining traction in the medical spa market. Medical spa service providers are moving toward technologically advanced treatments to improve the customer experience. Radiofrequency body contouring, radiofrequency microneedling, BTL aesthetics emsculpt, hydrafacial or dermal infusion toning, and muscle-sculpting treatment are some of the new technological innovations in medical spas. In January 2022, Renew Medical Aesthetics, a Wisconsin-based provider of medical spa services, will launch a new line of lip filler aesthetic treatments in two sizes, mini (half syringe) and full syringe.
Opportunities
- Rise in minimally invasive procedures
Minimally invasive procedures such as non-surgical skin tightening and chemical peels, as well as tattoo removal and body sculpting, are in high demand, according to the International Society of Aesthetic Plastic Surgery. The medical spa trend is becoming more popular and profitable as demand for beauty and self-improvement therapies grows around the world. This is expected to create more opportunities for market growth during the forecast period.
- Increased usage of skincare solutions
Rising pollution levels, stressful lifestyles, food product adulteration, malevolent farming techniques, the use of hormones and biological substrates in dairy products, and skin exposure to harmful chemicals are causing premature hair loss, early ageing, skin problems, obesity, hormonal issues, and other such physical, mental, and emotional ordeals. The global medical spa market is expected to expand during the forecast period due to the growing trend of health and fitness culture, changing lifestyles, and increased use of skincare solutions and face treatments.
MEDICAL SPA MARKET SEGMENTATION
Services
- Facial Treatment
- Body Shaping
- Contouring
- Hair Removal
- Scar Revision
- Tattoo Removal
Age
- Adolescent
- Adult
- Geriatric
Gender
- Male
- Female
Service Provider
- Single Ownership
- Group Ownership
- Free-standing
- Medical Practice Associated Spas
End-User
- Men
- Women
KEY POINTERS COVERED IN MEDICAL SPA MARKET AND FORECAST TO 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
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BASIC QUESTIONS ANSWERED
- What are the main elements influencing the dynamics of the market?
- What market factors and obstacles are present for Medical Spa Market?
- What are the commercial risks and dangers facing the market for Medical Spa Market?
- What recent developments have there been in the market for Medical Spa Market?
- Which companies dominate the market for Medical Spa Market?
- What tactical plans are the major players doing to expand the business?
MEDICAL SPA MARKET COUNTRY LEVEL ANALYSIS
- The countries covered in the Medical Spa Market report are-
- U.S.
- Canada and Mexico in North America
- Germany
- France
- U.K.
- Netherlands
- Switzerland
- Belgium
- Russia
- Italy
- Spain
- Turkey
- Rest of Europe in Europe
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
- Saudi Arabia
- U.A.E
- South Africa
- Egypt
- Israel
KEY MARKET COMPETITORS COVERED IN THE REPORT
- BIOVITAL MEDSPA (U.S.)
- Westchase Medsap, LLC (U.S.)
- Chic la Vie Med Spa (U.S.)
- Lanserhof (Austria)
- Canyon Ranch (U.S.)
- Serenity Medspa (U.S)
- Bijoux Medi-Spa (U.K)
- Brenners Park-Hotel Spa (Germany)
- Sha Wellness Clinic (UAE)
- Cocoona (UAE)
- Aesthetics Medispa (U.K.)
- Lily's Medi Spa (U.S.)
- The Drx Medispa (China)
- Chiva Som (U.S.)
MAJOR TOC OF THE REPORT
- Introduction
- Industry Overview
- Medical Spa Market Analysis
- Environment Analysis of Medical Spa Market
- Analysis of Revenue by Classifications
- Analysis of Revenue by Regions and Applications
- Analysis of Medical Spa Market Status 2022-2030
- Sales Price and Gross Margin Analysis
- Development Trend of Medical Spa Market Industry 2016-2021
- Industry Chain Suppliers of Medical Spa Market with Contact Information
- Conclusion of the Medical Spa Market Industry 2015 Market Research Report
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-medical-spa-market
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