The Medical Spa Market represents a dynamic intersection of healthcare and aesthetics, catering to individuals seeking a blend of medical treatments and relaxation. These facilities offer a range of services, from non-invasive cosmetic procedures like Botox and dermal fillers to therapeutic treatments such as massages and facials. What sets medical spas apart is their incorporation of medical expertise, ensuring safety and effectiveness in aesthetic treatments. As the pursuit of self-care, beauty, and wellness continues to grow, the Medical Spa Market responds with innovative treatments. According to a new report published by Allied Market Research, titled, “Medical Spa Market by Service: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global medical spa market size was valued at $12,438 million in 2020, and is estimated to reach $29,542.33 million by 2030, growing at a CAGR of 9% from 2021 to 2030.
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Key Findings of the Study –
- By service, facial treatments segment was the highest contributor to the medical spa market in 2020.
- Region wise, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
This market’s popularity reflects a broader trend of individuals seeking comprehensive health and beauty solutions under one roof, making it a prominent player in the evolving landscape of modern healthcare and self-care.
In addition, these treatments are recommended in medical care. Botox injections, anti-wrinkle and fine line reduction treatments, acne treatments, fillers, and laser procedures are offered by health spas under the supervision of physicians, cosmetologists, and dermatologists. All these treatments are cosmetic in nature, with the aim of rejuvenating or improving the appearance of a person. Laser hair removal treatments and laser skin treatments are also offered.
♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭:
North America accounted for the largest share of the global health spa market in 2020 and is expected to remain the same during the forecast period. This is due to the increase in awareness about the nature of the individual and the significant increase in the number of young children, the acceptance of high-tech treatment and the increase in medical expenses in the area. However, Asia-Pacific is expected to experience significant growth, due to its aging population, increasing disposable income and the development of a large number of spas to offer. different treatments.
Key Market Players –
Major key players that operate in the industry are Allure Medspa, Biovital Medspa, Canyon Ranch, Chiva Som, Cocoon Medical Spa, Clinique La Prairie, Hyatt Corporation, True Skin Care Center, Vilalara Longevity Thalassa & Medical Spa and Westchase Medspa.
By Region –
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
♦ 𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
Frequently Asked Questions?
Q1. What is the total market value of global medical spa market?
Q2. Which market holds the maximum market share of the global medical spa market?
Q3. What will be global medical spa market growth in 2030?
Q4. What are the key trends in the global medical spa market?
Q5. What are the key growth strategies of global medical spa market players? Q6. How the company profile has been selected?
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