Medical Spa Market 2024-2028
The medical spa market is forecasted to grow by USD 27554.5 mn during 2023-2028, accelerating at a CAGR of 19.94% during the forecast period. The report on the medical spa market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in geriatric population, rising disposable income and changing lifestyle trends, and growth in medical tourism.
Technavio's medical spa market is segmented as below:
- By Age Group
- Adults
- Adolescents
- Geriatric
- By Technology
- Facial treatment
- Body shaping and contouring
- Tatoo removal
- Others
- By Geographical Landscape
- Europe
- APAC
- North America
- South America
- Middle East and Africa
This study identifies the technological advancements in medical spa equipment as one of the prime reasons driving the medical spa market growth during the next few years. Also, rise in minimally invasive procedures and increased usage of skincare solutions will lead to sizable demand in the market.
The report on the medical spa market covers the following areas:
- Medical spa market sizing
- Medical spa market forecast
- Medical spa market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical spa market vendors that include Advanced Aesthetics, Albir Hills Resort S.A.U., Allure Medspa, Biovital MedSpa LLC, Chic la Vie Med Spa, Clinique La Prairie, Cocoona, Compagnie de Vichy, Lanserhof Management GmbH, Lilys Medi Spa, Longevity Wellness Worldwide Lda, MEZZATORRE HOTEL S.R.L, Oetker Hotel Management Company GmbH, Serenity Medspa, and The Orchard Wellness and Health Resort. Also, the medical spa market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.