Medical Spa in the World, Market Size 2021 - 2030
15 Mar
2023
What is a medical spa, and how does it differ from a traditional spa?
A med spa is a place where you can get non-surgical medical treatments to enhance your health and appearance. It's a great way to pamper yourself without going through the hassle of surgery. The facility is run by licensed healthcare providers, such as doctors or nurse practitioners, who will supervise the treatments to ensure your safety. By visiting a med spa, you can boost your confidence and feel better about yourself.
The primary difference between a medical spa and a traditional spa is that a medical spa focuses on the medical aspect of improving the health and appearance of its clients, while a traditional spa is primarily focused on relaxation and wellness. Additionally, while traditional spas do not typically require a medical license to operate, medical spas are required to operate under the supervision of a licensed healthcare provider.
How does the COVID-19 pandemic impact the medical spa industry?
The COVID-19 pandemic has had a significant impact on the medical spa industry. Due to the highly contagious nature of the virus, medical spas have had to implement strict safety protocols and guidelines to protect the health and safety of their clients and staff. Many medical spas have had to temporarily close or reduce their services to comply with local regulations and guidelines. Those that remain open have had to implement measures such as social distancing, increased sanitation practices, and the use of personal protective equipment (PPE) for staff and clients. The pandemic has also affected the supply chain for medical-grade skincare products and equipment, which can lead to delays or shortages in certain products or treatments.
| Questions, Clients Ask About This Industry |
How many key players are involved in the medical spa market globally?
Some of the leading players in the global medical spa market include,
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Allergan PLC |
Alma Lasers Ltd. |
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Galderma S.A. |
Syneron Medical Ltd. |
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Cynosure Inc. |
Valeant Pharmaceuticals International Inc. |
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Lumenis Ltd. |
PhotoMedex Inc. |
How much is the medical spa market worth?
The global medical spa market size is estimated to reach $29,542.33 million by 2030.
What was the market size of the medical spa industry in 2017?
The global medical spa market size was valued at $11,063 million in 2017.
What was the market size of the medical spa industry in 2020?
The global medical spa market size was valued at $12,438 million in 2020.
What is the medical spa market's annual growth rate in the upcoming years?
The annual growth rate (CAGR) of the medical spa market is estimated to be 9% from 2021 to 2030.
Want to know about what drives these trends? Allied Market Research’s Medical spa Industry Report has got you covered.
Alex Hillsberg
Chief editor of review team at FinancesOnline
Chief editor of review team at FinancesOnline Alex Hillsberg is an expert in the area of B2B and SaaS related products. He has worked for several B2B startups in the past and gathered a lot of first hand knowledge about the industry during that time.
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