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The global medical spa market reached a value of US$ 13.71 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 28.91 Billion by 2027, exhibiting a CAGR of 12.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Medical spas offer high-quality cosmetic treatments in a relaxing and pleasant environment using a unique combination of medical procedures, such as Botox, anti-wrinkle and fine line reduction treatments, acne therapy, fillers, and laser. They are medically recommended and supervised and conducted by trained as well as qualified physicians for better outcomes. They generally have the latest equipment to provide non-invasive and minimally invasive medical treatments and customized wellness plans that cater to the specific health and nutrition needs.
At present, there is a rise in the availability of aesthetic medicine and cosmetic treatment options across the globe for beauty enhancement. This, along with the growing trend of surgical-free procedures for treating different disorders, represents one of the key factors driving the market. Moreover, the rising medical tourism, especially in developing countries, is propelling the growth of the market. In addition, there is an increase in skin-related diseases due to the growing airborne pollutants in the environment. This, coupled with technological advancements in skincare devices, is catalyzing demand for medical spas around the world. Besides this, the increasing consciousness among individuals about their physical appearance is offering lucrative growth opportunities to end-users and industry investors. Additionally, the rising popularity of novel facial treatments, such as the ultrasonic fountain, nature signature facial, oxygen facial, derma wave, and HydraFacial MD, is positively influencing the market. Furthermore, key market players are extensively investing in research and development (R&D) activities to provide better medical spa services. These players are also focusing on collaborations as well as mergers and acquisitions (M&A) to increase their overall profitability, which is projected to fuel the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global medical spa market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on service and end user.
Breakup by Service:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bijoux Medical, Biovital Med Spa LLC, Canyon Ranch Inc., Chic La Vie Med Spa, Cienega Medical Spa Inc., Clinique La Prairie, Dermani Medspa, Innovative MedSpa, Lanserhof Tegernsee, Serenity MedSpa, Westchase Medsap LLC. and Willow Med Spa & Salon
|Base Year of the Analysis||2021|
|Segment Coverage||Service, End User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Bijoux Medical, Biovital Med Spa LLC, Canyon Ranch Inc., Chic La Vie Med Spa, Cienega Medical Spa Inc., Clinique La Prairie, Dermani Medspa, Innovative MedSpa, Lanserhof Tegernsee, Serenity MedSpa, Westchase Medsap LLC. and Willow Med Spa & Salon|
|Customization Scope||10% Free Customization|
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global medical spa market was valued at US$ 13.71 Billion in 2021.
We expect the global medical spa market to exhibit a CAGR of 12.40% during 2022-2027.
The increasing availability of customized wellness plans catering to specific health and nutrition needs of
the individuals, is primarily driving the global medical spa market.
The sudden outbreak of the COVID-19 pandemic had led to postponement of medical spa procedures to
reduce the risk of the coronavirus infection upon hospital visits or interaction with healthcare
Based on the service, the global medical spa market can be segmented into body shaping, hair removal,
facial treatments, tattoo removal, scars and striae, and others. Currently, facial treatments hold the
majority of the total market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global medical spa market include Bijoux Medical, Biovital Med Spa
LLC, Canyon Ranch Inc., Chic La Vie Med Spa, Cienega Medical Spa Inc., Clinique La Prairie, Dermani
Medspa, Innovative MedSpa, Lanserhof Tegernsee, Serenity MedSpa, Westchase Medsap LLC., and
Willow Med Spa & Salon.
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