Medical Spa Market is projected to grow at a CAGR of 7.0% to reach US$ 74.10 billion by 2034

Published Date: July 2024

Rising focus on health and beauty, coupled with increasing disposable income among individuals drives the global medical spa market. In addition, growing adoption of aesthetic medicine and cosmetic treatment options for beauty enhancement propels the global medical spa market. Medical Spa Market was valued at US$ 40.0 billion in 2024 and is projected to grow at a CAGR of 7.0% to reach US$ 74.10 billion by 2034

The report "Medical Spa Market Size, Share, By Service (Body Shaping, Hair Removal, Facial Treatments, Tattoo Removal, Scars and Striae, and Dental Spa), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Market Trends, Analysis and Forecast till 2034"

Key Highlights:

  • On November 2018, Anantara Kihavah Villas is Maldive based company launched Spa Villa that offers unlimited daily spa treatments and a dedicated spa therapist.

Key Market Insights from the report:          

Medical Spa Market was valued at US$ 40.0 billion in 2024 and is projected to grow at a CAGR of 7.0% to reach US$ 74.10 billion by 2034. The market report has been segmented on the basis of service and region.

  • By service, the medical spa market is segmented body shaping, hair removal, facial treatments, tattoo removal, scars & striae, and dental spa.
  • By region, North America medical spa market is expected to account for major share in terms of revenue in the global medical spa market over the forecast period. This can be attributed to rising disposable income along with adoption of new technologies in countries of the region. Asia Pacific medical spa market is expected to account for fastest growing rate share in terms of revenue in the global medical spa market in the near future.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on "Medical Spa Market Size, Share, By Service (Body Shaping, Hair Removal, Facial Treatments, Tattoo Removal, Scars and Striae, and Dental Spa), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Market Trends, Analysis and Forecast till 2034"

The prominent player operating in the medical spa market include Allure Medical Spa, P.L.L.C., Biovital Med Spa LLC, Canyon Ranch, Inc, Anantara Kihavah Villas, Clinique La Prairie S.A., Global Hyatt, Sciton, Inc, True Skin Care Center, Saltz Spa Vitória, and Cocoon Medical Spa.

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