Medical Spa Market Key Players Analysis 2031
In recent years medical spas have gained a lot of popularity for both men as well as women. These offer services of both traditional spa center and a medical clinic. Medical procedures such as treatments for aging skin, acne, hair removal, and others are conducted at medical spas. Similarly, services like massage, seaweed wraps, salt glows, and facials offered at traditional spa are also offered here.
MARKET DYNAMICS
The medical spa market is anticipated to grow in the forecast, owing to factors such as rising awareness among the population for self-care and anti-aging services, the rapid expansion of the wellness tourism sector, and growing wellness packages offered by medical spas. Furthermore, rising consumer disposable income in developing nations are likely to pose significant opportunities for the market to grow.
MARKET SCOPE
The "Global Medical Spa Market Analysis to 2031" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of medical spa market with detailed market segmentation by service, end user and geography. The global medical spa market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading medical spa market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global medical spa market is segmented on the basis of service and end user. Based on service the market is segmented into facial treatment, body shaping and contouring, hair removal, scar revision, tattoo removal, and others. Based on end user the market is segmented into clinics, medical spas, beauty centers, wellness centers.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global medical spa market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical spa market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting medical spa market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the medical spa market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global medical spa market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical spa market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting medical spa market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the medical spa market in these regions.
MARKET PLAYERS
The reports cover key developments in the medical spa market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from medical spa market are anticipated to lucrative growth opportunities in the future with the rising demand for medical spa market in the global market. Below mentioned is the list of few companies engaged in the medical spa market.
The report also includes the profiles of medical spa market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Allure Medspa
- Biovital Medspa LLC
- Clinique La Prairie,
- Nirvana Medical Spa
- VLCC Wellness
- The Orchard Wellness Resort
- Kurotel - Longevity Medical Center And Spa
- Lanserhof Lans
- Chic La Vie
- Longevity Wellness Worldwide
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Medical Spa Market - By Service
1.3.2 Medical Spa Market - By End User
1.3.3 Medical Spa Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MEDICAL SPA MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MEDICAL SPA MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. MEDICAL SPA MARKET - GLOBAL MARKET ANALYSIS
6.1. MEDICAL SPA - GLOBAL MARKET OVERVIEW
6.2. MEDICAL SPA - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MEDICAL SPA MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE
7.1. OVERVIEW
7.2. SERVICE MARKET FORECASTS AND ANALYSIS
7.3. FACIAL TREATMENT
7.3.1. Overview
7.3.2. Facial Treatment Market Forecast and Analysis
7.4. BODY SHAPING AND CONTOURING
7.4.1. Overview
7.4.2. Body Shaping and Contouring Market Forecast and Analysis
7.5. HAIR REMOVAL
7.5.1. Overview
7.5.2. Hair Removal Market Forecast and Analysis
7.6. SCAR REVISION
7.6.1. Overview
7.6.2. Scar Revision Market Forecast and Analysis
7.7. TATTOO REMOVAL
7.7.1. Overview
7.7.2. Tattoo Removal Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. MEDICAL SPA MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. CLINICS
8.3.1. Overview
8.3.2. Clinics Market Forecast and Analysis
8.4. MEDICALSPAS
8.4.1. Overview
8.4.2. MedicalSpas Market Forecast and Analysis
8.5. BEAUTY CENTERS
8.5.1. Overview
8.5.2. Beauty Centers Market Forecast and Analysis
8.6. WELLNESS CENTERS
8.6.1. Overview
8.6.2. Wellness Centers Market Forecast and Analysis
9. MEDICAL SPA MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Medical Spa Market Overview
9.1.2 North America Medical Spa Market Forecasts and Analysis
9.1.3 North America Medical Spa Market Forecasts and Analysis - By Service
9.1.4 North America Medical Spa Market Forecasts and Analysis - By End User
9.1.5 North America Medical Spa Market Forecasts and Analysis - By Countries
9.1.5.1 United States Medical Spa Market
9.1.5.1.1 United States Medical Spa Market by Service
9.1.5.1.2 United States Medical Spa Market by End User
9.1.5.2 Canada Medical Spa Market
9.1.5.2.1 Canada Medical Spa Market by Service
9.1.5.2.2 Canada Medical Spa Market by End User
9.1.5.3 Mexico Medical Spa Market
9.1.5.3.1 Mexico Medical Spa Market by Service
9.1.5.3.2 Mexico Medical Spa Market by End User
9.2. EUROPE
9.2.1 Europe Medical Spa Market Overview
9.2.2 Europe Medical Spa Market Forecasts and Analysis
9.2.3 Europe Medical Spa Market Forecasts and Analysis - By Service
9.2.4 Europe Medical Spa Market Forecasts and Analysis - By End User
9.2.5 Europe Medical Spa Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Medical Spa Market
9.2.5.1.1 Germany Medical Spa Market by Service
9.2.5.1.2 Germany Medical Spa Market by End User
9.2.5.2 France Medical Spa Market
9.2.5.2.1 France Medical Spa Market by Service
9.2.5.2.2 France Medical Spa Market by End User
9.2.5.3 Italy Medical Spa Market
9.2.5.3.1 Italy Medical Spa Market by Service
9.2.5.3.2 Italy Medical Spa Market by End User
9.2.5.4 Spain Medical Spa Market
9.2.5.4.1 Spain Medical Spa Market by Service
9.2.5.4.2 Spain Medical Spa Market by End User
9.2.5.5 United Kingdom Medical Spa Market
9.2.5.5.1 United Kingdom Medical Spa Market by Service
9.2.5.5.2 United Kingdom Medical Spa Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Medical Spa Market Overview
9.3.2 Asia-Pacific Medical Spa Market Forecasts and Analysis
9.3.3 Asia-Pacific Medical Spa Market Forecasts and Analysis - By Service
9.3.4 Asia-Pacific Medical Spa Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Medical Spa Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Medical Spa Market
9.3.5.1.1 Australia Medical Spa Market by Service
9.3.5.1.2 Australia Medical Spa Market by End User
9.3.5.2 China Medical Spa Market
9.3.5.2.1 China Medical Spa Market by Service
9.3.5.2.2 China Medical Spa Market by End User
9.3.5.3 India Medical Spa Market
9.3.5.3.1 India Medical Spa Market by Service
9.3.5.3.2 India Medical Spa Market by End User
9.3.5.4 Japan Medical Spa Market
9.3.5.4.1 Japan Medical Spa Market by Service
9.3.5.4.2 Japan Medical Spa Market by End User
9.3.5.5 South Korea Medical Spa Market
9.3.5.5.1 South Korea Medical Spa Market by Service
9.3.5.5.2 South Korea Medical Spa Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Medical Spa Market Overview
9.4.2 Middle East and Africa Medical Spa Market Forecasts and Analysis
9.4.3 Middle East and Africa Medical Spa Market Forecasts and Analysis - By Service
9.4.4 Middle East and Africa Medical Spa Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Medical Spa Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Medical Spa Market
9.4.5.1.1 South Africa Medical Spa Market by Service
9.4.5.1.2 South Africa Medical Spa Market by End User
9.4.5.2 Saudi Arabia Medical Spa Market
9.4.5.2.1 Saudi Arabia Medical Spa Market by Service
9.4.5.2.2 Saudi Arabia Medical Spa Market by End User
9.4.5.3 U.A.E Medical Spa Market
9.4.5.3.1 U.A.E Medical Spa Market by Service
9.4.5.3.2 U.A.E Medical Spa Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Medical Spa Market Overview
9.5.2 South and Central America Medical Spa Market Forecasts and Analysis
9.5.3 South and Central America Medical Spa Market Forecasts and Analysis - By Service
9.5.4 South and Central America Medical Spa Market Forecasts and Analysis - By End User
9.5.5 South and Central America Medical Spa Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Medical Spa Market
9.5.5.1.1 Brazil Medical Spa Market by Service
9.5.5.1.2 Brazil Medical Spa Market by End User
9.5.5.2 Argentina Medical Spa Market
9.5.5.2.1 Argentina Medical Spa Market by Service
9.5.5.2.2 Argentina Medical Spa Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MEDICAL SPA MARKET, KEY COMPANY PROFILES
11.1. CHIC LA VIE MED SPA
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CLINIQUE LA PRAIRIE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. KUROTEL - LONGEVITY MEDICAL CENTER AND SPA
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. LANSERHOF LANS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. THE ORCHARD WELLNESS RESORT
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. BIOVITAL MED SPA LLC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ALLURE MEDSPA
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. LONGEVITY WELLNESS WORLDWIDE
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. VLCC WELLNESS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. NIRVANA MEDICAL SPA
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Allure Medspa
2. Biovital Medspa LLC
3. Clinique La Prairie,
4. Nirvana Medical Spa
5. VLCC Wellness
6. The Orchard Wellness Resort
7. Kurotel - Longevity Medical Center And Spa
8. Lanserhof Lans
9. Chic La Vie
10. Longevity Wellness Worldwide
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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