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Medical Spa Market (2023 To 2032) - Industry Analysis, Size, Share, Growth, Trends And Forecast
Medical Spa Market
As per the medical spa market report by The Business Research Company, The rise in demand for aesthetic procedures is expected to propel the growth of the medical spa market. The aesthetic procedure refers to procedures that improve the face and body appearance. There has been a growing emphasis on the body and beauty for identity and self-expression. According to The American Society for Aesthetic Plastic Surgery, in 2021, facial procedures increased by 54 percent and aesthetic body procedures shot up by 63 percent from 2020. Thus, the rise in demand for aesthetic procedures will drive the medical spa market.
The global medical spa market size grew from $14.58 billion in 2022 to $16.49 billion in 2023 at a compound annual growth rate (CAGR) of 13.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The medical spa market size is expected to grow to $26.72 billion in 2027 at a CAGR of 12.8%.
Read More On The Medical Spa Market Report Here:
https://www.thebusinessresearchcompany.com/report/medical-spa-global-market-report
Major competitors in the medical spa market include Allure MedSpa, ?Chic La Vie, Clinique La Prairie, Biovital MedSpa LLC, Canyon Ranch, Hyatt Corporation, True Skin Care Center, Vilalara Longevity Thalassa & Medical Spa, Westchase Medspa LLC, Kurotel Longevity Medical Center and Spa, Sha Wellness Clinic, Cocoon Medical Spa, Dermani Medspa, Spa Vitoria, and Bijoux Medi-Spa.
The medical spa market is segmented -
• By Serice: Skin Rejuvenation, Facial Injectable, Body Shaping, Hair Removal, Other Services
• By Age: Adolescent, Adult, Geriatric
• By User: Women, Men. North America was the largest region in the medical spa market.
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Medical spa refers to a unique combination of medicine and aesthetics that offers high-quality cosmetic treatments in a pleasant and soothing setting that are medically advised and overseen. These therapies are aesthetic and are primarily used to rejuvenate or enhance a person's appearance.
The Table Of Content For The Medical spa Market Include:
1. Executive Summary
2. Medical Spa Market Characteristics
3. Medical Spa Market Trends And Strategies
4. Medical Spa Market - Macro Economic Scenario
5. Medical Spa Market Size And Growth
……
27. Medical Spa Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Medical Spa Market
29. Medical Spa Market Future Outlook and Potential Analysis
30. Appendix
The "Global Medical Spa Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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