Medical Spa Market Report 2025

The medical spa market size has grown rapidly in recent years. It will grow from $18.88 billion in 2024 to $21.47 billion in 2025 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to rise in wellness and self-care trends, aging population demands, celebrity endorsements and influencer marketing, shift in consumer preferences, rise in disposable income.

The medical spa market size is expected to see rapid growth in the next few years. It will grow to $36.72 billion in 2029 at a compound annual growth rate (CAGR) of 14.4%. The growth in the forecast period can be attributed to shift in consumer demands, growing popularity of wellness and self-care, innovations in treatment modalities, health and beauty influencer impact, economic factors. Major trends in the forecast period include wellness integration in treatments, focus on regenerative therapies, personalized and customized experiences, popularity of preventative treatments, ethical and sustainable practices.

The increasing demand for aesthetic procedures is expected to drive the growth of the medical spa market. Aesthetic procedures are those designed to enhance the appearance of the face and body. There is a growing focus on body image and beauty as key components of identity and self-expression. For example, a report released in September 2023 by the International Society of Aesthetic Plastic Surgery, a US-based professional organization for board-certified aesthetic plastic surgeons, revealed an overall increase of 11.2% in procedures performed by plastic surgeons in 2022, with over 14.9 million surgical procedures conducted worldwide. Over the past four years, aesthetic surgery has experienced a steady rise, with a notable increase of 41.3%. Therefore, the growing demand for aesthetic procedures is likely to propel the medical spa market.

The increasing elderly population is set to drive the expansion of the medical spa sector in the future. As the term suggests, the aging population denotes a growing segment of older individuals in a community, typically characterized by a higher median age. Medical spas offer cosmetic and wellness treatments designed to address age-related issues and enhance overall health. For instance, in October 2022, the World Health Organization, a Switzerland-based Intergovernmental organization, forecasted that by 2030, 1 in every 6 people globally would be 60 years old or older. During this period, the percentage of the population aged 60 and above is expected to increase from 1 billion in 2020 to 1.4 billion. Additionally, the worldwide number of individuals aged 60 and over is projected to double, reaching 2.1 billion by 2050. Therefore, the growing aging population is fueling the growth of the medical spa market.

Innovative treatments are gaining traction as a significant trend in the medical spa market. Service providers in this industry are increasingly incorporating technologically advanced treatments to enhance the effectiveness of their services. Some of the new technological innovations being adopted by medical spas include radiofrequency body contouring, radiofrequency microneedling, BTL aesthetics emsculpt, hydrafacial or dermal infusion toning, and muscle-sculpting treatments. For example, in January 2022, Renew Medical Aesthetics, a Wisconsin-based provider of medical spa services, introduced a new range of lip filler aesthetic treatments. These treatments are available in two options: mini (half syringe) and full syringe, offering customers a variety of choices to suit their individual needs. This initiative demonstrates the industry's commitment to providing innovative and customizable treatments to enhance the overall customer experience in medical spas.

Major companies in the medical spa market are concentrating on developing innovative platforms, such as end-to-end software solutions, to improve efficiency and maximize profits. An end-to-end software solution is a comprehensive and integrated software system that covers the entire workflow or process from start to finish. For example, in August 2023, Nextech, a US-based provider of healthcare technology solutions, introduced Nextech Med Spa, the industry's first end-to-end software solution tailored for med spas. This platform aims to transform med spa operations by streamlining workflows, enhancing client experiences, and driving business growth. Nextech Med Spa addresses the specific challenges faced by med spa owners by offering a comprehensive platform that provides visibility and management capabilities from the front desk to exam room consultations. It includes features such as rapid charting and photo management, a centralized check-in/out hub, and an integrated point-of-sale and membership management system. These tools empower med spa owners to optimize their operations and deliver exceptional experiences to their clients.

In October 2024, Move Health, a US-based healthcare planning solutions company, acquired Fountain Wellness for an undisclosed amount. This acquisition is intended to broaden Move Health's service offerings by incorporating Fountain Wellness' expertise in holistic wellness and preventive care into its healthcare planning solutions. Fountain Wellness is a health and wellness clinic based in Canada.

Major companies operating in the medical spa market include Allure Medical Spa, Ideal Image Development Corp., Spa Radiance, SkinSpirit, True Skin Care Center, Dermani Medspa, LifeTime LifeSpa, Dr. Laser, Serenity MedSpa, Beverly Hills Rejuvenation Center, The Maercks Institute, Kalologie Medspa, Blue Water Spa, The Aesthetic Center, Avène Institute, La Belle Vie Medical Care & Aesthetics, BodyLase, SkinHealth Centers, Skin Spa New York, Medical Spa MD, Cloud9 MedSpa, Skinovative, Evolve Med Spa, MedSpa Institute of America, U Med Spa, Coastal Aesthetics, Sona Dermatology & MedSpa, Skin Science Med Spa, MedSpa Partners.

North America was the largest region in the medica spa market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical spa market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the medical spa market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A medical spa is a facility that combines medical procedures with cosmetic treatments in a relaxing environment. These treatments are supervised by medical professionals and are aimed at enhancing a person's appearance.

In the medical spa industry, the main services offered include skin rejuvenation, facial injectables, body shaping, hair removal, and other aesthetic treatments. Skin rejuvenation treatments aim to restore the skin from dullness, damage, and sun exposure under the supervision of licensed and well-trained staff. Medical spa services cater to both men and women across different age groups, including adolescents, adults, and the geriatric population.

The medical spa market research report is one of a series of new reports that provides medical spa market statistics, including medical spa industry global market size, regional shares, competitors with a medical spa market share, detailed medical spa market segments, market trends and opportunities, and any further data you may need to thrive in the medical spa industry. This medical spa market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The medical spa market includes revenues earned by entities by botulinum toxin injections, injectable dermal fillers, nonsurgical fat reduction, laser hair removal, microdermabrasion, laser skin resurfacing and tattoo removal. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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