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Medical Spa Market by Services (Body Shaping, Hair Removal, Facial Treatment, Tattoo Removal, Scars & Striae, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2025

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LI_182494
Pages: 114
Jul 2018 | 2722 Views
 
Author's : Suraj Sajeev & Garima Chandra
Tables: 56
Charts: 17
 

Medical Spa Market Overview:

A medical spa combines the medical expertise and technology with the relaxing experience of a spa. This spa also provides comprehensive and skin care solutions, such as nutrition and exercise advices. The global medical spa market was valued at $11,063 million in 2017, and is expected to reach $27,566 million by 2025 at a CAGR of 12.2% during the forecast period.

The rising number of aesthetic medicine and cosmetic treatment options for beauty enhancement coupled with the growth in wellness trends among developed nations drives the market growth. However, the dearth of skilled professionals and the high cost associated with the procedures impede the market growth. Moreover, the rise in medical tourism in developing economies, such as India, China, and Brazil, is anticipated to create lucrative opportunities in the market.

The global medical spa market is segmented as per service and region. By service, it is divided into body shaping, hair removal, facial treatment, tattoo removal, scars & striae, and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and Latin America Middle East and Africa (LAMEA).

Services category review
 

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In the services category, the facial treatment segment is expected to be the most lucrative, owing to the trend and increased awareness for improving self-appearance. In addition, various facial treatments are provided in the medical spa, such as HydraFacial MD, nature signature facial, derma wave and dermaplaning, oxygen facial, ultrasonic fountain, and others. Thus, such an increase in novel techniques and procedures is expected to augment the market growth.

Medical spa market, by Geography
 

by geography

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Geographically, North America dominated the global market in 2017, and is expected to retain its dominance throughout the forecast period. This is attributed to the well-established healthcare infrastructure and the increased awareness regarding potential benefits of medical spa procedures.

The report provides a comprehensive analysis of the key players operating in the global medical spa market. These include Allure Medspa, Biovital Medspa, Canyon Ranch, Inc., Chiva Som, Clinique La Prairie, Hyatt Corporation, Sciton, Inc., True Skin Care Center, Vilalara Longevity Thalassa & Medical Spa, and Westchase Medspa. Other players operating in the value chain are Cynosure, Inc., Lumenis, Ltd., Syneron Medical, Ltd., Spa Vitoria, and Lanserhof.

Key Benefits

  • The study provides an in-depth analysis with the current trends and future estimations of the global medical spa market to elucidate the imminent investment pockets.
  • A comprehensive analysis of the factors that drive and restrict the market growth is provided.
  • The quantitative analysis of the industry from 2017 to 2025 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
  • An extensive analysis of key segments of the industry is provided to understand the profitability of the various types of global medical spas.
  • The key players and their strategies are analyzed to understand the competitive outlook of the market.

Medical Spa Market Key Segments:

By Service

  • Body shaping
  • Hair removal
  • Facial treatments
  • Tattoo removal
  • Scars & striae
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Turkey
    • South Africa
    • Saudi Arabia
    • Rest of LAMEA
 

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets

3.3. Porter’s five forces analysis
3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Rise in use of aesthetic medicine and cosmetic treatment options for beauty enhancement
3.4.1.2. Growth in wellness trend among developed nations
3.4.1.3. Aging baby boomer population augments the market growth

3.4.2. Restraints

3.4.2.1. Dearth of trained professionals especially in the developing economies
3.4.2.2. High cost of procedures

3.4.3. Opportunity

3.4.3.1. Rise in medical tourism

Chapter: 4: MEDICAL SPA MARKET, BY SERVICES

4.1. Overview

4.1.1. Market size and forecast

4.2. Body Shaping

4.2.1. Key market trends and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country

4.3. Hair Removal

4.3.1. Key market trends and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

4.4. Facial Treatments

4.4.1. Key market trends and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country

4.5. Tattoo Removal

4.5.1. Key market trends and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country

4.6. Scars & Striae

4.6.1. Key market trends and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market analysis, by country

4.7. Others

4.7.1. Key market trends and opportunities
4.7.2. Market size and forecast, by region
4.7.3. Market analysis, by country

Chapter: 5: MEDICAL SPA MARKET, BY REGION

5.1. Overview

5.1.1. Market size and forecast

5.2. North America

5.2.1. Key trends and opportunities
5.2.2. North America market size and forecast, by country

5.2.2.1. U.S. market size and forecast, by services
5.2.2.2. Canada market size and forecast, by services
5.2.2.3. Mexico market size and forecast, by services

5.2.3. North America market size and forecast, by services

5.3. Europe

5.3.1. Key trends and opportunities
5.3.2. Europe market size and forecast, by country

5.3.2.1. UK market size and forecast, by services
5.3.2.2. Germany market size and forecast, by services
5.3.2.3. France market size and forecast, by services
5.3.2.4. Italy market size and forecast, by services
5.3.2.5. Spain market size and forecast, by services
5.3.2.6. Rest of Europe market size and forecast, by services

5.3.3. Europe market size and forecast, by services

5.4. Asia-Pacific

5.4.1. Key trends and opportunities
5.4.2. Asia-Pacific market size and forecast, by country

5.4.2.1. Japan market size and forecast, by product
5.4.2.2. China market size and forecast, by product
5.4.2.3. India market size and forecast, by product
5.4.2.4. Australia market size and forecast, by product
5.4.2.5. Korea market size and forecast, by product
5.4.2.6. Rest of Asia-Pacific market size and forecast, by product

5.4.3. Asia-Pacific market size and forecast, by services

5.5. LAMEA

5.5.1. Key trends and opportunities
5.5.2. LAMEA market size and forecast, by country

5.5.2.1. Brazil market size and forecast, by services
5.5.2.2. Turkey market size and forecast, by services
5.5.2.3. South Africa market size and forecast, by services
5.5.2.4. Saudi Arabia market size and forecast, by services
5.5.2.5. Rest of LAMEA market size and forecast, by services

5.5.3. LAMEA market size and forecast, by services

Chapter: 6: COMPANY PROFILES

6.1. ALLURE MEDSPA

6.1.1. Company overview
6.1.2. Company snapshot
6.1.3. Operating business segments

6.2. BIOVITAL MEDSPA

6.2.1. Company overview
6.2.2. Company snapshot
6.2.3. Operating business segment

6.3. CANYON RANCH INC.

6.3.1. Company overview
6.3.2. Company snapshot
6.3.3. Operating business segments

6.4. CHIVA SOM

6.4.1. Company overview
6.4.2. Company snapshot
6.4.3. Operating business segments

6.5. CLINIQUE LA PRAIRIE

6.5.1. Company overview
6.5.2. Company snapshot
6.5.3. Operating business segments

6.6. HYATT CORPORATION

6.6.1. Company overview
6.6.2. Company snapshot
6.6.3. Operating business segments
6.6.4. Business performance

6.7. Sciton, Inc.

6.7.1. Company overview
6.7.2. Company snapshot
6.7.3. Operating business segments

6.8. True Skin Care Center

6.8.1. Company overview
6.8.2. Company snapshot
6.8.3. Operating business segments

6.9. VILALARA LONGEVITY THALASSA & MEDICAL SPA

6.9.1. Company overview
6.9.2. Company snapshot
6.9.3. Operating business segments

6.10. WESTCHASE MEDSPA

6.10.1. Company overview
6.10.2. Company snapshot
6.10.3. Operating business segments

LIST OF TABLES

TABLE 01. GLOBAL MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 02. MEDICAL SPA MARKET FOR BODY SHAPING, BY REGION, 2016-2025 ($MILLION)
TABLE 03. MEDICAL SPA MARKET FOR HAIR REMOVAL, BY REGION, 2016-2025 ($MILLION)
TABLE 04. MEDICAL SPA MARKET FOR FACIAL TREATMENTS, BY REGION, 2016-2025 ($MILLION)
TABLE 05. MEDICAL SPA MARKET FOR TATTOO REMOVAL, BY REGION, 2016-2025 ($MILLION)
TABLE 06. MEDICAL SPA MARKET FOR SCARS & STRIAE, BY REGION, 2016-2025 ($MILLION)
TABLE 07. MEDICAL SPA MARKET FOR OTHER SERVICES, BY REGION, 2016-2025 ($MILLION)
TABLE 08. MEDICAL SPA MARKET, BY REGION, 2016-2025 ($MILLION)
TABLE 09. NORTH AMERICA MEDICAL SPA MARKET, BY COUNTRY, 2016-2025 ($MILLION)
TABLE 10. U.S. MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 11. CANADA MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 12. MEXICO MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 13. NORTH AMERICA MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 14. EUROPE MEDICAL SPA MARKET, BY COUNTRY, 2016-2025 ($MILLION)
TABLE 15. UK MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 16. GERMANY MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 17. FRANCE MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 18. ITALY MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 19. SPAIN MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 20. REST OF EUROPE MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 21. EUROPE MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 22. ASIA-PACIFIC MEDICAL SPA MARKET, BY COUNTRY, 2016-2025 ($MILLION)
TABLE 23. JAPAN MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 24. CHINA MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 25. INDIA MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 26. AUSTRALIA MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 27. KOREA MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 28. REST OF ASIA-PACIFIC MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 29. ASIA-PACIFIC MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 30. LAMEA MEDICAL SPA MARKET, BY COUNTRY, 2016-2025 ($MILLION)
TABLE 31. BRAZIL MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 32. TURKEY MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 33. SOUTH AFRICA MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 34. SAUDI ARABIA MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 35. REST OF LAMEA MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 36. LAMEA MEDICAL SPA MARKET, BY SERVICES, 2016-2025 ($MILLION)
TABLE 37. ALLURE: COMPANY SNAPSHOT
TABLE 38. ALLURE: OPERATING SEGMENTS
TABLE 39. BIOVITAL: COMPANY SNAPSHOT
TABLE 40. BIOVITAL: OPERATING SEGMENT
TABLE 41. CANYON: COMPANY SNAPSHOT
TABLE 42. CANYON OPERATING SEGMENTS
TABLE 43. CHIVA SOM COMPANY SNAPSHOT
TABLE 44. CHIVA: OPERATING SEGMENTS
TABLE 45. CLINIQUE: COMPANY SNAPSHOT
TABLE 46. CLINIQUE: OPERATING SEGMENTS
TABLE 47. HYATT: COMPANY SNAPSHOT
TABLE 48. HYATT: OPERATING SEGMENTS
TABLE 49. SCITON: COMPANY SNAPSHOT
TABLE 50. SCITON: OPERATING SEGMENTS
TABLE 51. TRUE SKIN: COMPANY SNAPSHOT
TABLE 52. TRUE SKIN: OPERATING SEGMENTS
TABLE 53. VILALARA: COMPANY SNAPSHOT
TABLE 54. VILALARA: OPERATING SEGMENTS
TABLE 55. WESTCHASE COMPANY SNAPSHOT
TABLE 56. WESTCHASE: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 01. GLOBAL MEDICAL SPA MARKET SEGMENTATION
FIGURE 02. TOP INVESTMENT POCKETS
FIGURE 03. HIGH BARGAINING POWER OF BUYERS
FIGURE 04. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05. MODERATE THREAT OF NEW ENTRANTS
FIGURE 06. LOW THREAT OF SUBSTITUTION
FIGURE 07. HIGH COMPETITIVE RIVALRY
FIGURE 08. GLOBAL MEDICAL SPA MARKET: RESTRAINTS, DRIVERS, AND OPPORTUNITIES
FIGURE 09. MEDICAL SPA MARKET, BY SERVICES
FIGURE 10. COMPARATIVE SHARE ANALYSIS OF BODY SHAPING MARKET,  BY COUNTRY, 2016 & 2025 (%)
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF HAIR REMOVAL MARKET, BY COUNTRY, 2016 & 2025 (%)
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF FACIAL TREATMENTS MARKET, BY COUNTRY,  2016 & 2025 (%)
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF TATTOO REMOVAL MARKET, BY COUNTRY,  2016 & 2025 (%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF SCARS & STRIAE MARKET, BY COUNTRY, 2016 & 2025 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF OTHERS MARKET, BY COUNTRY, 2016 & 2025 (%)
FIGURE 16. HYATT: NET SALES, 2015-2016 ($MILLION)
FIGURE 17. HYATT: REVENUE SHARE BY SEGMENT, 2017 (%)

 

Medical spa is a composite of medical technology and medical aesthetics. Medical spas offer various services, such as body shaping, hair removal, facial treatment, tattoo removal, scars & striae, and others. The utilization of medical spas is projected to increase during the forecast period (20182025), owing to enhancement in aesthetic medicine and cosmetic treatment options for beauty enhancement. This market is largely fragmented, and several manufacturers focus on offering advanced products that result in customer satisfaction.

Medical spas gained popularity over the years even in the developing countries, owing to the various benefits offered by their services, such as skin rejuvenation, Botox injections, dermal fillers, laser hair removal, chemical peels, and microdermabrasion. Moreover, the innovations in laser technology for hair removal, vascular lesions, and scars & striae removal generate lucrative growth opportunities for the global market players.

 

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