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Global Medical Spa Market Size, Growth, Analysis, Forecast: By Services: Facial Treatment, Body Shaping, Contouring, Hair Removal, Scar Revision, Tattoo Removal, Ohers; By Population Type: Adolescent, Adult, Geriatric; By Gender: Male, Female; By Service Provider: Single Ownership, Others; Regional Analysis; Supplier Landscape; 2023-2031
Global Medical Spa Market Outlook
The Medical spa market size attained a value of USD 15.9 billion in 2022. The market is anticipated to grow at a CAGR of 13.3 % during the forecast period of 2023-2031 to attain a value of USD 48.7 billion by 2031. The growth of the market is driven by the increased demand for wellness holidays.
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There is a strong demand for minimally invasive treatments such as chemical peels and non-surgical tightening of the skin, along with body sculpting and removal of tattoos. In addition, wellness packages provided in hotels are creating a rapidly increasing demand for wellness holidays, thus, propelling the medical spa market growth further.
Market Segmentation
A medical spa is a spa with a medical program operated under a certified health care professional’s guidance. These spas use medical treatments such as microdermabrasion, lasers, botox, and other processes for medical beauty, as well as traditional spa facilities like facials and massages. The global medical spa market is broadly categorised based on its services into:
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- Facial Treatment
- Body Shaping and Contouring
- Hair Removal
- Scar Revision
- Tattoo Removal
- Others
The EMR report looks into the regional medical spa markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
Market Analysis
The growing demand for aesthetic medicines and cosmetic treatment options for beauty enhancement, along with the growth in wellness trends, especially in developed nations are the major factors, driving the growth of the global medical spa market. Further, the ageing baby boomer population, globally, along with the rise in disposable incomes, is providing further impetus to the medical spa market growth. However, the shortage of trained professionals, particularly in the emerging economies, and the high cost of procedures are some of the significant constraints, which may hamper the market growth in the forecast period.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global medical spa market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Biovital Med Spa LLC
- Westchase Medspa
- Sciton, Inc.
- Chic la Vie Med Spa
- Lanserhof Lans
- Kurotel - Centro Médico de Longevidade e Spa
- Canyon Ranch
- Others
The EMR report gives an in-depth insight into the medical spa market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2016-2022 |
| Forecast Period | 2023-2031 |
| 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 Services |
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| Breakup by Population Type |
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| Breakup by Gender |
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| Breakup by Service Provider |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Medical Spa Market Overview
3.1 Global Medical Spa Market Historical Value (2016-2022)
3.2 Global Medical Spa Market Forecast Value (2023-2031)
4 Global Medical Spa Market Landscape
4.1 Global Medical Spa Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Medical Spa Service Landscape
4.2.1 Analysis by Service Type
4.2.2 Analysis by Population Type
4.2.3 Analysis by Service Provider
5 Global Medical Spa Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Medical Spa Market Segmentation
6.1 Global Medical Spa Market by Services
6.1.1 Market Overview
6.1.2 Facial Treatment
6.1.3 Body Shaping
6.1.4 Contouring
6.1.5 Hair Removal
6.1.6 Scar Revision
6.1.7 Tattoo Removal
6.1.8 Ohers
6.2 Global Medical Spa Market by Population Type
6.2.1 Market Overview
6.2.2 Adolescent
6.2.3 Adult
6.2.4 Geriatric
6.3 Global Medical Spa Market by Gender
6.3.1 Market Overview
6.3.2 Male
6.3.3 Female
6.4 Global Medical Spa Market by Service Provider
6.4.1 Market Overview
6.4.2 Single Ownership
6.4.3 Group Ownership
6.4.4 Free-standing
6.4.5 Medical Practice Associated Spas
6.4.6 Others
6.5 Global Medical Spa Market by Region
6.5.1 Market Overview
6.5.2 North America
6.5.3 Europe
6.5.4 Asia Pacific
6.5.5 Latin America
6.5.6 Middle East and Africa
7 North America Medical Spa Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Medical Spa Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Medical Spa Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Medical Spa Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Medical Spa Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 BIOVITAL MEDSPA
17.1.1 Financial Analysis
17.1.2 Service Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Westchase Medsap, LLC
17.2.1 Financial Analysis
17.2.2 Service Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Chic la Vie Med Spa
17.3.1 Financial Analysis
17.3.2 Service Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Lanserhof
17.4.1 Financial Analysis
17.4.2 Service Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Canyon Ranch
17.5.1 Financial Analysis
17.5.2 Service Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Serenity Medspa
17.6.1 Financial Analysis
17.6.2 Service Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 Bijoux Medi-Spa
17.7.1 Financial Analysis
17.7.2 Service Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Brenners Park-Hotel & Spa
17.8.1 Financial Analysis
17.8.2 Service Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Sha Wellness Clinic
17.9.1 Financial Analysis
17.9.2 Service Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Cocoona
17.10.1 Financial Analysis
17.10.2 Service Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 Aesthetics Medispa
17.11.1 Financial Analysis
17.11.2 Service Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
17.12 Lily's Medi Spa
17.12.1 Financial Analysis
17.12.2 Service Portfolio
17.12.3 Demographic Reach and Achievements
17.12.4 Mergers and Acquisitions
17.12.5 Certifications
17.13 The Drx Medispa
17.13.1 Financial Analysis
17.13.2 Service Portfolio
17.13.3 Demographic Reach and Achievements
17.13.4 Mergers and Acquisitions
17.13.5 Certifications
17.14 Chiva Som
17.14.1 Financial Analysis
17.14.2 Service Portfolio
17.14.3 Demographic Reach and Achievements
17.14.4 Mergers and Acquisitions
17.14.5 Certifications
18 Global Medical Spa Market-Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
The global medical spa market was valued at USD 15.9 billion in 2022.
The market is expected to grow at a CAGR of 13.3% from 2023 to 2031 to reach a value of USD 48.7 billion by 2031.
The major drivers of the industry, such as rising disposable incomes, ageing baby boomer population, increasing strong demand for minimally invasive treatments, and increasing demand for wellness holidays are expected to aid the industry growth.
The growing wellness trends, especially in the emerging economies and growing demand for aesthetic medicines as well as cosmetic treatment options for beauty enhancement are the key industry trends driving the market growth.
North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa are the major regions in the market.
The major services of the product for the industry include facial treatment, body shaping and contouring, hair removal, scar revision, and tattoo removal, among others.
The major players in the market are Biovital Med Spa LLC, Westchase Medspa, Sciton, Inc., Chic la Vie Med Spa, Clinique La Prairie SA, Lanserhof Lans, Kurotel - Centro Médico de Longevidade e Spa, Canyon Ranch, Others.
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