Spa Market, By Service (Massage Therapies, Facial Treatments, Body Treatments, Hydrotherapy, and Others), By Spa Type (Day Spas, Resort/Hotel Spas, Medical Spas, Destination Spas, and Mineral Springs Spas), By End-user (Women and Men), By Geography (North
Spa Market, By Service (Massage Therapies, Facial Treatments, Body Treatments, Hydrotherapy, and Others), By Spa Type (Day Spas, Resort/Hotel Spas, Medical Spas, Destination Spas, and Mineral Springs Spas), By End-user (Women and Men), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
The global spa market has witnessed significant growth in the past few decades. Rising stress levels and health concerns among consumers have increased focus on wellness and preventive healthcare. Spas provide relaxing and rejuvenating treatments that help reduce stress, alleviate pain, and boost physical and mental well-being. Growing awareness about the benefits of spa therapies and rise in disposable incomes have encouraged more people to indulge in spa experiences. The global spa market has also evolved considerably over the years, offering specialized treatments tailored to suit different needs and lifestyles. Major players are utilizing innovation and technology to enhance services and attract newer customers. With continued economic growth and changing consumer habits, the global spa market is expected to witness lucrative opportunities in the coming years.
Market Dynamics
Growing health and wellness trend, rise of medical spas, increasing popularity of destination spas and wellness retreats, and advancement of therapeutic spa services are some of the key factors fueling demand in the global spa market. However, stringent regulations pertaining to service quality and infrastructure, high operating costs, and risk of health issues associated with some treatments are restricting market expansion. Technological interventions to modernize operations and the emergence of innovative treatments are opening new avenues. Integration of virtual and hybrid experiences during the pandemic also helped the market stay afloat and engage customers.
Key Features of the Study
This report provides in-depth analysis of the global spa market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global spa market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Mandara Spa, Woodhouse Spas, Hand & Stone Franchise Corp, Hyatt Hotel Corporation, Four Seasons Hotel Limited, Marriot International, Inc., Hilton Hotels & Resorts, OneSpaWorld Holdings Limited, InterContinental Hotels Group Plc, Banyan Tree Hotels & Resorts, Carmel Valley Ranch, Ojai Valley Inn., The Greenwichhotel, Healing Hotels of the World, Siam Wellness Group, Spaandwellness, Chiva-Som, Amatara Welleisure Resort, Niyama Spa, and SoulSense Spa
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global spa market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global spa market
Detailed Segmentation-
By Service:
Massage Therapies
Facial Treatments
Body Treatments
Hydrotherapy
Others
By Spa Type:
Day Spas
Resort/Hotel Spas
Medical Spas
Destination Spas
Mineral Springs Spas
By End-user:
Women
Men
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Mandara Spa
Woodhouse Spas
Hand & Stone Franchise Corp
Hyatt Hotel Corporation
Four Seasons Hotel Limited
Marriot International, Inc.
Hilton Hotels & Resorts
OneSpaWorld Holdings Limited
InterContinental Hotels Group Plc
Banyan Tree Hotels & Resorts
Carmel Valley Ranch
Ojai Valley Inn.
The Greenwichhotel
Healing Hotels of the World
Siam Wellness Group
Spaandwellness
Chiva-Som
Amatara Welleisure Resort
Niyama Spa
SoulSense Spa
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Wearable Medical Devices Market, By Product Type
Global Wearable Medical Devices Market, By Application
Global Wearable Medical Devices Market, By End User
Global Wearable Medical Devices Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Wearable Medical Devices Market, By Product Type, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Wearable Therapeutic Medical Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Hearing Aids
Insulin Pumps
Respiratory Therapy Devices
Sleep Apnea Devices
Non-invasive Ventilation Devices
Wearable Monitoring and Diagnostic Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Fetal and Obstetric Devices
Continuous Glucose Monitoring Devices
Cardiac Monitoring Devices
Wearable Heart Rate Monitors
Wearable Pulse Oximeters
Wearable Blood Pressure Monitors
Health and Fitness Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Global Wearable Medical Devices Market, By Application, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Remote Patient Monitoring
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Early Disease Detection
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Chronic Disease Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Fitness and Wellness
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Rehabilitation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Surgical and Clinical Applications
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global Wearable Medical Devices Market, By End User, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Hospitals and Clinics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Hospital Pharmacies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Online Channels
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Hypermarkets
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Homecare Settings
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
7. Global Wearable Medical Devices Market, By Region, 2019 - 2031, (USD Bn)