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Medical Spa Market

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    Report

  • 119 Pages
  • December 2022
  • Region: Global
  • Polaris Market Research
  • ID: 5724186
The global medical spa market size is expected to reach USD 63.79 billion by 2032, according to a new study. The report “Medical Spa Market Share, Size, Trends, Industry Analysis Report, By Service (Facial Treatment, Body Shaping & Contouring, Hair Removal, Scar Revision, Tattoo Removal); By Age Group; By Service Provider; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Growing consumer awareness of self-care and anti-aging services, as well as the quick development of the wellness tourism industry, are some of the reasons that contribute to the market growth. This is due to several factors, including the advancement of skincare technology, an increase in disorders related to the skin, and the demand for improved medical spa treatments. The substantial demand for non-invasive procedures including chemical peels and non-surgical skin tightening, as well as body sculpting and tattoo eradication.

According to the Solomon Cosmetic 2022 research, Botox is unquestionably the number one non-invasive therapy in 2022. In the US, Botox is administered to more than 7.4 million patients. While considering international treatments, the market for Botox is considerably bigger at roughly USD 4.4 billion.

The main focus of concern in the US is branded medical spa service providers looking to introduce novel products in order to meet updated regulatory standards. Additionally, government financing for ongoing clinical research has allowed the US to dominate the global market for medical spa services. For example, on April 2022, the FDA approved the most recent neurotoxin, Dermatox, for use in facial injections. This neurotoxin is recognized as a real game-changer for aesthetic procedures.

Medical Spa Market Report Highlights

  • In 2022, the market was led by the facial treatment category. The significant market position is primarily driven by the rising popularity of anti-aging treatments like Botox and dermal fillers.
  • In 2022, the Adult category lead the market due to growing adult interest in body sculpting and anti-aging therapies is the primary factor driving the industry.
  • In 2022, the single ownership segment had the largest revenue share. The primary drivers for market expansion because the small-sized, and single-location medical spa supplied with the most modern technology.
  • North America is expected to dominate the market. The region’s easy availability to a variety of services and goods for various cosmetic procedures is expected to boost market expansion even further.
  • The global players with global presence include Lily Medical and Spa, The Drx Aesthetics, Mandarin Oriental, Westchase, Lisse, Medspa, Chiva Som, and Mandarin Oriental.

The publisher has segmented the Medical Spa Market report based on service, age group, service provider, and region:

Medical Spa, Service Outlook (Revenue - USD Billion, 2019 - 2032)

  • Facial Treatment
  • Body Shaping & Contouring
  • Hair Removal
  • Scar Revision
  • Tattoo Removal
  • Other Services

Medical Spa, Age Group Outlook (Revenue - USD Billion, 2019 - 2032)

  • Adolescent
  • Adult
  • Geriatric

Medical Spa, Service Provider Outlook (Revenue - USD Billion, 2019 - 2032)

  • Single Ownership
  • Group Ownership
  • Free-standing
  • Medical Practice Associated Spas

Medical Spa, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
Frequently Asked Questions about the Medical Spa Market

What is the estimated value of the Medical Spa Market?

The Medical Spa Market was estimated to be valued at $18.65 billion in 2023.

What is the growth rate of the Medical Spa Market?

The growth rate of the Medical Spa Market is 14.6%, with an estimated value of $63.79 billion by 2032.

What is the forecasted size of the Medical Spa Market?

The Medical Spa Market is estimated to be worth $63.79 billion by 2032.

Who are the key companies in the Medical Spa Market?

Key companies in the Medical Spa Market include Biovital medspa, Chic La Vie, Kurotel, Longevity Medical Center and spa, Westchase Medsap, Bijoux Medi, Spa, Clinique La Prairie and Orchard Wellness Resort.

Table of Contents

1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary
2.1. Market Highlights

3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources

4. Global Medical Spa Market Insights
4.1. Medical Spa - Industry Snapshot
4.2. Medical Spa Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Increasing awareness about self-care and antiaging services
4.2.1.2. Growing demand for noninvasive aesthetic treatment
4.2.2. Restraints and Challenges
4.2.2.1. Risk associated with non-surgical procedures
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Medical Spa Market Industry Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Medical Spa Market, by Service
5.1. Key Findings
5.2. Introduction
5.2.1. Global Medical Spa Market, by Service, 2019-2032 (USD Billion)
5.3. Facial Treatment
5.3.1. Global Medical Spa Market, by Facial Treatment, by Region, 2019-2032 (USD Billion)
5.4. Body Shaping & Contouring
5.4.1. Global Medical Spa Market, by Body Shaping & Contouring, by Region, 2019-2032 (USD Billion)
5.5. Hair Removal
5.5.1. Global Medical Spa Market, by Hair Removal, by Region, 2019-2032 (USD Billion)
5.6. Scar Revision
5.6.1. Global Medical Spa Market, by Scar Revision, by Region, 2019-2032 (USD Billion)
5.7. Tattoo Removal
5.7.1. Global Medical Spa Market, by Tattoo Removal, by Region, 2019-2032 (USD Billion)
5.8. Other Services
5.8.1. Global Medical Spa Market, by Other Services, by Region, 2019-2032 (USD Billion)

6. Global Medical Spa Market, by Age Group
6.1. Key Findings
6.2. Introduction
6.2.1. Global Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
6.3. Adolescent
6.3.1. Global Medical Spa Market, by Adolescent, by Region, 2019-2032 (USD Billion)
6.4. Adult
6.4.1. Global Medical Spa Market, by Adult, by Region, 2019-2032 (USD Billion)
6.5. Geriatric
6.5.1. Global Medical Spa Market, by Geriatric, by Region, 2019-2032 (USD Billion)

7. Global Medical Spa Market, by Service Provider
7.1. Key Findings
7.2. Introduction
7.2.1. Global Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
7.3. Single Ownership
7.3.1. Global Medical Spa Market, by Single Ownership, by Region, 2019-2032 (USD Billion)
7.4. Group Ownership
7.4.1. Global Medical Spa Market, by Group Ownership, by Region, 2019-2032 (USD Billion)
7.5. Free-standing
7.5.1. Global Medical Spa Market, by Free-standing, by Region, 2019-2032 (USD Billion)
7.6. Medical Practice Associated Spas
7.6.1. Global Medical Spa Market, by Medical Practice Associated Spas, by Region, 2019-2032 (USD Billion)

8. Global Medical Spa Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Medical Spa Market Assessment, By Geography, 2019-2032 (USD Billion)
8.3. Medical Spa Market - North America
8.3.1. North America: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.3.2. North America: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.3.3. North America: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.3.4. Medical Spa Market - U.S.
8.3.4.1. U.S.: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.3.4.2. U.S.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.3.4.3. U.S.: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.3.5. Medical Spa Market - Canada
8.3.5.1. Canada: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.3.5.2. Canada.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.3.5.3. Canada: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.4. Medical Spa Market - Europe
8.4.1. Europe: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.4.2. Europe.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.4.3. Europe: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.4.4. Medical Spa Market - UK
8.4.4.1. UK: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.4.4.2. UK.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.4.4.3. UK: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.4.5. Medical Spa Market - France
8.4.5.1. France: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.4.5.2. France.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.4.5.3. France: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.4.6. Medical Spa Market - Germany
8.4.6.1. Germany: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.4.6.2. Germany.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.4.6.3. Germany: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.4.7. Medical Spa Market - Italy
8.4.7.1. Italy: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.4.7.2. Italy.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.4.7.3. Italy: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.4.8. Medical Spa Market - Spain
8.4.8.1. Spain: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.4.8.2. Spain.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.4.8.3. Spain: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.4.9. Medical Spa Market - Netherlands
8.4.9.1. Netherlands: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.4.9.2. Netherlands.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.4.9.3. Netherlands: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.4.10. Medical Spa Market - Russia
8.4.10.1. Russia: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.4.10.2. Russia.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.4.10.3. Russia: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.5. Medical Spa Market - Asia Pacific
8.5.1. Asia Pacific: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.5.2. Asia Pacific.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.5.3. Asia Pacific: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.5.4. Medical Spa Market - China
8.5.4.1. China: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.5.4.2. China.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.5.4.3. China: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.5.5. Medical Spa Market - India
8.5.5.1. India: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.5.5.2. India.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.5.5.3. India: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.5.6. Medical Spa Market - Malaysia
8.5.6.1. Malaysia: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.5.6.2. Malaysia.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.5.6.3. Malaysia: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.5.7. Medical Spa Market - Japan
8.5.7.1. Japan: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.5.7.2. Japan.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.5.7.3. Japan: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.5.8. Medical Spa Market - Indonesia
8.5.8.1. Indonesia: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.5.8.2. Indonesia.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.5.8.3. Indonesia: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.5.9. Medical Spa Market - South Korea
8.5.9.1. South Korea: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.5.9.2. South Korea.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.5.9.3. South Korea: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.6. Medical Spa Market - Middle East & Africa
8.6.1. Middle East & Africa: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.6.2. Middle East & Africa.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.6.3. Middle East & Africa: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.6.4. Medical Spa Market - Saudi Arabia
8.6.4.1. Saudi Arabia: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.6.4.2. Saudi Arabia.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.6.4.3. Saudi Arabia: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.6.5. Medical Spa Market - UAE
8.6.5.1. UAE: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.6.5.2. UAE.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.6.5.3. UAE: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.6.6. Medical Spa Market - Israel
8.6.6.1. Israel: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.6.6.2. Israel.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.6.6.3. Israel: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.6.7. Medical Spa Market - South Africa
8.6.7.1. South Africa: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.6.7.2. South Africa.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.6.7.3. South Africa: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.7. Medical Spa Market - Latin America
8.7.1. Latin America: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.7.2. Latin America.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.7.3. Latin America: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.7.4. Medical Spa Market - Mexico
8.7.4.1. Mexico: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.7.4.2. Mexico.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.7.4.3. Mexico: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.7.5. Medical Spa Market - Brazil
8.7.5.1. Brazil: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.7.5.2. Brazil.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.7.5.3. Brazil: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)
8.7.6. Medical Spa Market - Argentina
8.7.6.1. Argentina: Medical Spa Market, by Service, 2019-2032 (USD Billion)
8.7.6.2. Argentina.: Medical Spa Market, by Service Provider, 2019-2032 (USD Billion)
8.7.6.3. Argentina: Medical Spa Market, by Age Group, 2019-2032 (USD Billion)

9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles
10.1. Biovital medspa
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Chic La Vie
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. Kurotel-Longevity Medical Center and spa
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Westchase Medsap
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. Bijoux Medi-Spa
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Clinique La Prairie
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Lanserhof Lans
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. Orchard Wellness Resort
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Biovital Medspa
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Allure Medspa
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. Serenity Medspa
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Vichy Celestins Spa Hotel
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. Sha Wellness Clinic
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development
10.14. Brenners Park-Hotel & Spa
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Product Benchmarking
10.14.4. Recent Development
10.15. Mezzatorre
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. Product Benchmarking
10.15.4. Recent Development
10.16. Cocoona Centre Of Aesthetic Transformation
10.16.1. Company Overview
10.16.2. Financial Performance
10.16.3. Product Benchmarking
10.16.4. Recent Development
10.17. Lily Medical and Spa
10.17.1. Company Overview
10.17.2. Financial Performance
10.17.3. Product Benchmarking
10.17.4. Recent Development
10.18. Aesthetics Medispa
10.18.1. Company Overview
10.18.2. Financial Performance
10.18.3. Product Benchmarking
10.18.4. Recent Development
10.19. The Drx Aesthetics
10.19.1. Company Overview
10.19.2. Financial Performance
10.19.3. Product Benchmarking
10.19.4. Recent Development
10.20. Mandarin Oriental
10.20.1. Company Overview
10.20.2. Financial Performance
10.20.3. Product Benchmarking
10.20.4. Recent Development
10.21. Westchase
10.21.1. Company Overview
10.21.2. Financial Performance
10.21.3. Product Benchmarking
10.21.4. Recent Development
10.22. Lisse
10.22.1. Company Overview
10.22.2. Financial Performance
10.22.3. Product Benchmarking
10.22.4. Recent Development
10.23. Medspa
10.23.1. Company Overview
10.23.2. Financial Performance
10.23.3. Product Benchmarking
10.23.4. Recent Development
10.24. Chiva Som
10.24.1. Company Overview
10.24.2. Financial Performance
10.24.3. Product Benchmarking
10.24.4. Recent Development
10.25. Mandarin Oriental
10.25.1. Company Overview
10.25.2. Financial Performance
10.25.3. Product Benchmarking
10.25.4. Recent Development

Companies Mentioned

  • Biovital medspa
  • Chic La Vie
  • Kurotel-Longevity Medical Center and spa
  • Westchase Medsap
  • Bijoux Medi-Spa
  • Clinique La Prairie
  • Lanserhof Lans
  • Orchard Wellness Resort
  • Biovital Medspa
  • Allure Medspa
  • Serenity Medspa
  • Vichy Celestins Spa Hotel
  • Sha Wellness Clinic
  • Brenners Park-Hotel & Spa
  • Mezzatorre
  • Cocoona Centre Of Aesthetic Transformation
  • Lily Medical and Spa
  • Aesthetics Medispa
  • The Drx Aesthetics
  • Mandarin Oriental
  • Westchase
  • Lisse
  • Medspa
  • Chiva Som and Mandarin Oriental