Medical spas are regarded as unique form
of care and treatment and are distinctively different from other types
of health care providers. They are, however, not as popular as other
types of health care services. Medical spa is associated with technology
and requires medical expertise for providing the relaxing experience of
a spa to patients. Medical spa also offers personalized health care and
skin care solutions; for example, exercise advices, nutrition tips,
etc.
Medical spas are usually targeted toward a
specific group of patients/clients who have high expectations from its
services. That is why, the marketing of a medical spa is done in a
completely different manner than that of usual health care products or
services. Similarly, the medical spa industry encounters different kinds
of challenges than the general health care industry does. Nearly all
medical spa patients pay for the services from their own pockets, which
is why customer service is an important aspect of the medical spa
industry.
Report Overview @ https://www.transparencymarketresearch.com/medical-spa-market.html
The global medical spa market is
estimated to grow rapidly in the next few years. Primary driver of the
market is the increase in use of cosmetic treatment and medicines for
beauty enhancement in the developed economies. Some of the factors
behind this are technological advancement in skincare devices, rise in
the number of skin-related diseases, growth in aging population, and
increase in demand of better medical spa services. Additionally, growth
of medical tourism in developing countries, for example, China,
Singapore, Brazil, and India, is projected to generate lucrative
opportunities for the global medical spa market. Conversely, factors
affecting the growth of medical spa market are the high cost associated
with the procedures and lack of skilled professionals.
The global medical spa market can be
classified based on service and region. By service, the market can be
classified into tattoo removal, facial treatment, hair removal, scars
and striae, body shaping, and others. The facial treatment and hair
removal segments are estimated to grow rapidly in the near future. A key
driver of the segment is the rise in awareness among people regarding
the enhancement of self-appearance. Moreover, novel facial treatments
delivered in medical spas, such as, ultrasonic fountain, nature
signature facial, oxygen facial, derma wave, and HydraFacial MD are also
boosting the growth of the segments. As such, development of such
innovative techniques is estimated to drive the global medical spa
market during the forecast period.
Geographically, the global medical spa
market can be divided into North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa. North America is estimated to
hold a major share of the global medical spa market during the forecast
period. Key factors boosting the growth of the market in the region are
rise in awareness among people regarding the possible benefits of
medical spa treatment procedures, well-established health care
infrastructure supported by reimbursement policies, and rapid acceptance
of novel medical spa techniques. After North America, the global
medical spa market is expected to be dominated by Europe and Asia
Pacific. Presence of prominent players, increase in investment in
research and development made by them, and collaboration among market
players are some of the reasons driving the global medical spa market.
Leading players operating in the global
medical spa market are Canyon Ranch, Inc., Chiva Som ,True Skin Care
Center, Westchase Medspa, Vilalara Longevity Thalassa & Medical Spa ,
Clinique La Prairie, Sciton, Inc, and Allure Medspa.
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