Global Medical Spa Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026
The Medical Spa Market report will be driven by the growing demand for Aesthetic Medicines and Cosmetic Treatments during the forecast period 2021-2026
WYOMING, UNITED STATES, Oct. 10, 2022 /EINPresswire.com/ — Expert Market Research‘s new report titled “Global Medical Spa Market Size, Share, Analysis, Report and Forecast 2021-2026”, provides an in-depth analysis of the market Global Medical Spas, assessing the market based on its segments such as services and major regions.
The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2026)
Historical market size (2020): USD 13.7 billion
Forecast CAGR (2021-2026): 13.9%
The global medical spa industry is driven by the growing demand for aesthetic medicine and cosmetic treatment options for beauty enhancement, as well as increasing wellness trends, especially in developed countries .
Additionally, the global aging generation of baby boomers coupled with rising disposable incomes are further driving the growth of the medical spa market. However, scarcity of skilled professionals, especially in emerging economies, and high cost of procedures are two significant restraints that may hamper the market growth during the forecast period.
Medical Spa Industry Definition and Major Segments
A medical spa is a spa that offers a medical program run by a certified health care expert. These spas offer medical beauty treatments such as microdermabrasion, lasers, botox, and other treatments, as well as regular spa services such as facials and massages.
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The medical spa market, on the basis of services, can be segmented into:
Body shaping and remodeling
Regional markets include:
middle east one
Medical Spa Market Trends
There is a high demand for minimally invasive procedures such as chemical peels and non-surgical skin tightening, as well as body sculpting and tattoo removal.
Additionally, wellness packages offered by hotels are fueling a strong demand for wellness vacations, pushing the medical spa market even further. Unique facial treatments offered in medical spas, such as ultrasonic fountain, signature nature facial, oxygen facial, derma wave and HydraFacial MD, enhance the growth of the segment. As a result, the development of these innovative approaches is expected to further drive the global medical spa market in the coming years.
Main market players
Major players in the market are Biovital Med Spa LLC, Westchase Medspa, Sciton, Inc., Chic la Vie Med Spa, Lanserhof Lans, Kurotel – Centro Médico de Longevidade e Spa, Clinique La Prairie SA, Canyon Ranch, Chic la Vie Med Spa , and others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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