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Medical Spa Market Analysis 2022 by Top Companies, Business Growth, Key Applications, Demand, Size, Type, Trends, Opportunity, and Forecast 2030 | CAGR 14.3%

Medical Spa Market is valued at approximately USD 12.7 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 14.3 % over the forecast period 2021-2027.

Medical Spa is a technology that includes a relaxing body spa with medical expertise. It also provides exercise and nutrition advice. The increasing awareness about personal care has led to the adoption of Medical Spa across the forecast period. For Instance: According to Statista in 2020, the global market for personal care is rising rapidly. In 2018 personal care market attains USD 34.5 billion. Whereas, it is expected to reach about USD 54.5 billion by 2027. According to the India Brand Equity Foundation in 2021, Indias e-commerce volume is expected to increase by 36 % with personal care and wellness as the largest beneficiary segment.

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Rising demand for non-invasive aesthetic treatment enhances the market growth of medical spas. Also, with the increasing expenditure on antiaging services and wellness., the adoption & demand for Medical Spa is likely to increase the market growth during the forecast period. However, lack of licensed and trained professionals impedes the growth of the market over the forecast period of 2021-2027.

The geographical regions considered for the global Medical Spa market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is leading the medical spa market across the world in terms of largest market share due to the rising spending on wellness and antiaging services. Whereas, Asia-Pacific is also estimated to attain the highest CAGR rate during 2021-2027. Factors such as rising disposable income, increasing population, and rising wellness tourism expenditure would create beneficial growth forecasts for the Medical Spa market across Asia-Pacific region.

Major market players included in this report 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
Serenity MedSpa
Bijoux Medi-Spa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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The detailed segments and sub-segment of the market are explained below:
By Service:
Facial Treatment
Body Shaping & Contouring
Hair Removal
Scar Revision
Tattoo Removal

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Medical Spa Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

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
Serenity MedSpa
Bijoux Medi-Spa

Market Statistics:

The file offers market sizing and forecast throughout 5 primary currencies – USD, EUR GBP, JPY, and AUD. It helps corporation leaders make higher choices when foreign money change records are available with ease. In this report, the years 2020 and 2021 are regarded as historic years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2030 are viewed as the forecast period.

In order to produce a holistic assessment of the market, a variety of factors is considered, including demographics, business cycles, and microeconomic factors specific to the market under study. Healthcare Market report 2021 also contains a comprehensive business analysis of the state of the business, which analyzes innovative ways for business growth and describes critical factors such as prime manufacturers, production value, key regions, and growth rate.

The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.

This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth. 

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What are the aspects of this report that relate to regional analysis?

  • The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
  • The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
  • Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
  • How are the key players in the market assessed?
  • This report provides a comprehensive analysis of leading competitors in the market.
  • The report includes information about the key vendors in the market.
  • The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
  • The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
  • A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

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