Press Release
Press Release
According to the American Med Spa Association (AmSpa), the United States had 8,500 outlets of medical spas in 2022. The United States medical spa market growth is being fuelled by shifting consumer preferences towards wellness and aesthetics. According to a report by AmSpa, about USD 1 million per year is generated by the medical spa sector in the United States.
Medical spas offer light or laser treatments, injectables including Botox and dermal fillers, and IV and peptide therapies. Additionally, the rising preference for holistic wellness experiences, in addition to aesthetics, among individuals is leading to the emergence of multi-site medical spas.
Modern medical spas are attracting all genders and feature licensed professionals such as nurse injectors, physician assistants, and dermatologists. These spas are also actively adopting innovative cutting-edge treatments and aesthetic devices to provide high-quality services.
The increased marketing by influencers, doctors, and medspas, affordable pricing, and lowered wait times have surpassed physician-based cosmetic practices in about 73% of major cities in the United States. Companies such as Cutera, Inc. (NASDAQ: CUTR) provide a wide range of treatments for acne solutions, body sculpting, skin revitalisation, pigment, vascular, hair removal, tattoo removal, and scar revisions, making use of cutting-edge technologies.
Moreover, the launch of innovative treatments by key players is anticipated to fuel the market expansion in the forecast period. For instance, in December 2023, Bodify, a premier CoolSculpting boutique, launched its fractional skin rejuvenation treatment, Morpheus8. The FDA-cleared skin micro-needling technology is being offered at the company’s Phoenix and Scottsdale locations.
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The major players in the United States medical spa market are Cutera, Inc., Fotona D.O.O, Allergan Plc., Alma Lasers, Cynosure Inc. (Hologic), Galderma Laboratories, L.P., Mentor Worldwide LLC, El.En. S.p.A., Merz Aesthetics, Candela Corporation, and Venus Concept. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Age Group |
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Breakup by Gender |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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