Lucintel Forecasts Global Medical Spa Market to Reach $28.8 billion by 2030.


Posted October 5, 2023 by Lucintel

According to a market report by Lucintel, the future of the global medical spa market looks promising with opportunities in the single ownership, group ownership, free-standing, and medical practice associated spa markets

 
According to a market report by Lucintel, the future of the global medical spa market looks promising with opportunities in the single ownership, group ownership, free-standing, and medical practice associated spa markets. The global medical spa market is expected to reach an estimated $28.8 billion by 2030 with a CAGR of 9.1% from 2024 to 2030.
The major drivers for this market are the increasing adoption of dermal fillers among women, rising consumer awareness towards self-care and anti-aging services, and significantly growing wellness tourism sector.
A more than 150 – page report is developed to understand trends, opportunity and forecast in global medical spa market to 2030 by service (facial treatment, body shaping & contouring, hair removal, scar revision, tattoo removal, and others), age group (adolescent, adult, and geriatric), service provider (single ownership, group ownership, free-standing, and medical practice associated spas), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, facial treatment, body shaping & contouring, hair removal, scar revision, and tattoo removal are the major segments of global medical spa market by services offered.
Lucintel forecasts that facial treatment will remain the largest segment over the forecast period due to the growing demand for antiaging treatment options like botox and dermal fillers.
Within this market, single ownership will remain the largest segment.
APAC is expected to witness highest growth over the forecast period due to expanding wellness tourism sector, increasing expenditure on tourism, and presence of major players in the region.

Allure Medspa, Biovital Medspa, Canyon Ranch, Chiva Som, Cocoon Medical Spa, Clinique La Prairie, Hyatt Corporation, True Skin Care Center, Vilalara Longevity Thalassa & Medical Spa, and Westchase Medspa are the major suppliers in the global medical spa market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags medical spa market
Last Updated October 5, 2023