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Medical Spa Market: Current Analysis and Forecast (2021-2027)

Region:Global

Product Code:UMHE21925

Download Sample Report
Published On

June 2022

Total pages

210

About the Report

Medical spas are the skincare treatment centers that educate people about the regular care of skin and offers various treatment to them under a licensed physician.
With the rapid advancement in medical technology and rising awareness among the population regarding skincare. With the surging demand for non-invasive skin treatments and the continuous launches of the product by the major players have a significant impact on the medical spa industry. For instance, In 2022, Maya Medi Spa launched BTL EMSCULPT- technology that is approved by FDA that strengthens your muscle & burn fat. It is a non-invasive body-shaping procedure that simultaneously addresses both Muscle and Fat and it helps patients build muscle and sculpt the body. EMSCULP targets the Abdomen, Butt Lift, Biceps, Triceps, Calves & Thighs and it is painless, with no anesthesia and no needles are required.
Thus, the Global Medical Spa Market is projected to expand significantly with a CAGR of around 13% from 2021 to 2027.
Based on service type, the market is segmented into facial treatment, body shaping & contouring, hair removal, scar revision, tattoo removal, and others. The facial treatment sheld a significant market share in 2020 and is anticipated to witness lucrative market growth during the forecast period. This is mainly due to the availability of different facial treatments such as chemical peel-offs, steam treatments, and facial massages. Furthermore, the factors such as celebrity endorsements and social media accelerate the market growth of the segment. The tattoo removal segment is also expected to witness robust growth due to the increasing trend of tattoo printing and the associated errors is responsible for the segmental growth in the forecast period.
Based on age, the market is segmented into adults, adolescents, and geriatrics. The adult grabbed a significant market share in the medical spa market in 2020. This is mainly due to the social influence on beauty and personal care along with the changing hormone levels among the adults are responsible for different skin problems such as acne, dark spots, wrinkles, and others. For instance, as per AAD, Acne occurring in adults is increasing, affecting up to 15 percent of women.
For a better understanding of the market adoption of the medical spa, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a significant market for the medical spa industry owing to the higher disposable income of the people. According to the Bureau of economic analysis, the average income of U.S citizens in 2021 was around USD 21,258.3. Furthermore, the regional presence of well-established market players and frequent product launches in the region is attributed to the significant market share of North- American market.
Some of the major players operating in the market are Chic La Vie, Clinique La Prairie, Kurotel-Longevity Medical Center and Spa, Lanserhof Lans, The Orchard Wellness Resort, Biovital Medspa, Allure Medspa, Longevity Wellness Worldwide, and Serenity Medspa, among others. Several M&A's along with partnerships have been undertaken by these players to advance a medical spa market.

Scope of the Report

Products

Medical spas are the skincare treatment centers that educate people about the regular care of skin and offers various treatment to them under a licensed physician.

Companies

Chic La Vie, Clinique La Prairie, Kurotel - Longevity Medical Center and Spa, Lanserhof Lans, The Orchard Wellness Resort, Biovital Medspa, Allure Medspa, Longevity Wellness Worldwide, and Serenity Medspa

Table of Contents

1 MARKET INTRODUCTION

1.1. Market Definitions

1.2. Limitation

1.3. Stakeholders

1.4. Currency used in Report

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. Research Process of the Medical Spa Market

2.2. Research Methodology of the Medical Spa Market

2.3. Forecasting Method

2.4. Respondent Profile

2.5. Main Objective of the Medical Spa Market Study

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL MEDICAL SPA MARKET COVID-19 IMPACT

6 GLOBAL MEDICAL SPA MARKET REVENUE, 2019-2027F

7 MARKET INSIGHTS BY SERVICE TYPE

7.1. Facial Treatment

7.2. Body Shaping & Contouring

7.3. Hair Removal

7.4. Scar Revision

7.5. Tattoo Removal

7.6. Others

8 MARKET INSIGHTS BY AGE

8.1. Adults

8.2. Adolescents

8.3. Geriatrics

9 MARKET INSIGHTS BY REGION

9.1. North America Medical Spa Market

9.1.1. United States

9.1.2. Canada

9.1.3. Rest of North America

9.2. Europe Medical Spa Market

9.2.1. Germany

9.2.2. France

9.2.3. U.K.

9.2.4. Italy

9.2.5. Spain

9.2.6. Rest of Europe

9.3. Asia Pacific Medical Spa Market

9.3.1. China

9.3.2. Japan

9.3.3. India

9.3.4. Australia

9.3.5. Rest of Asia Pacific

9.4. Rest of World Medical Spa Market

10 MEDICAL SPA MARKET DYNAMICS

10.1. Market Drivers

10.2. Market Challenges

10.3. Impact Analysis

11 MEDICAL SPA MARKET OPPORTUNITIES

12 MEDICAL SPA MARKET TRENDS

13 LEGAL & REGULATORY FRAMEWORK

14 DEMAND AND SUPPLY-SIDE ANALYSIS

14.1. Demand Side Analysis

14.2. Supply Side Analysis

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

16.1. Competitive Landscape

16.1.1. Porter's Five Forces Analysis

17 COMPANY PROFILED

17.1. Chic La Vie

17.2. Clinique La Prairie

17.3. Kurotel-Longevity Medical Center and Spa

17.4. Lanserhof Lans

17.5. The Orchard Wellness Resort

17.6. Biovital Medspa

17.7. Allure Medspa

17.8. Longevity Wellness Worldwide

17.9. Serenity Medspa

17.10. Bijoux Medi-Spa

18 DISCLAIMER

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