Press release
Global Medical Spa Market to Reach Higher by 2027, Globally | Biovital Medspa, Allure Medspa, Longevity Wellness Worldwide
Market Overview
With the rapid advancement in medical technology and rising awareness among the population regarding skincare. With the surging demand for non-invasive skin treatments and the continuous launches of the product by the major players have a significant impact on the medical spa industry. For instance, In 2022, Maya Medi Spa launched BTL EMSCULPT- technology that is approved by FDA that strengthens your muscle & burn fat. It is a non-invasive body-shaping procedure that simultaneously addresses both Muscle and Fat and it helps patients build muscle and sculpt the body. EMSCULP targets the Abdomen, But Lift, Biceps, Triceps, Calves & Thighs and it is painless, with no anesthesia and no needles are required.
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Global Medical spa market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Service Type, the market is primarily fragmented into
Facial Treatment
• Body Shaping & Contouring
• Hair Removal
• Scar Revision
• Tattoo Removal
• Others
Based on service type, the market is segmented into facial treatment, body shaping & contouring, hair removal, scar revision, tattoo removal, and others. The facial treatment sheld a significant market share in 2020 and is anticipated to witness lucrative market growth during the forecast period. This is mainly due to the availability of different facial treatments such as chemical peel-offs, steam treatments, and facial massages. Furthermore, the factors such as celebrity endorsements and social media accelerate the market growth of the segment. The tattoo removal segment is also expected to witness robust growth due to the increasing trend of tattoo printing and the associated errors is responsible for the segmental growth in the forecast period.
By Age, the market is primarily segmented into
• Adults
• Adolescents
• Geriatrics
Based on age, the market is segmented into adults, adolescents, and geriatrics. The adult grabbed a significant market share in the medical spa market in 2020. This is mainly due to the social influence on beauty and beauty care along with the changing hormone levels among the adults and adolescent population are responsible for different skin problems such as acne, dark spots, wrinkles, and others. For instance, as per AAD, Acne occurring in adults is increasing, affecting up to 15 percent of women.
Medical spa Market Geographical Segmentation Includes:
• North America (United States, Canada, and Rest of North America)
• Europe (Germany, United Kingdom, Italy, France, Spain, and Rest of Europe)
• Asia-Pacific (China, India, Australia, Japan, and Rest of Asia-Pacific)
• Rest of the World
For a better understanding of the market adoption of the medical spa industry, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a significant market for the medical spa industry owing to the higher disposable income of the people. According to the Bureau of economic analysis, the average income of U.S citizens in 2021 was around US$ 21,258.3. Furthermore, the regional presence of well-established market players and frequent product launches in the region is attributed to the significant market share of the North American market.
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The major players targeting the market includes
• 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
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Medical spa market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the medical spa market?
• Which factors are influencing the Medical spa market over the forecast period?
• What are the global challenges, threats, and risks in the medical spa market?
• Which factors are propelling and restraining the medical spa market?
• What are the demanding global regions of the medical spa market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.
For more informative information, please visit us @ https://univdatos.com/report/medical-spa-market/
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UnivDatos Market Insights (UMI)
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About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
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