Rise of Traditional Holistic Medicine Encourages Medical Spas to Focus on Alternative Health

DUBLIN, March 31, 2023 /PRNewswire/ — The “Medical Spa: Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

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The global market for Medical Spa estimated at US$14.4 Billion in the year 2022, is projected to reach a revised size of US$45 Billion by 2030, growing at a CAGR of 15.3% over the analysis period 2022-2030.

Facial Treatment, one of the segments analyzed in the report, is projected to record a 14.6% CAGR and reach US$19.5 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Body Shaping & Contouring segment is readjusted to a revised 17.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $5.4 Billion, While China is Forecast to Grow at 20.6% CAGR

The Medical Spa market in the U.S. is estimated at US$5.4 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$7.7 Billion by the year 2030 trailing a CAGR of 20.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.5% and 13.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.6 Billion by the year 2030.

Select Competitors (Total 160 Featured) –

Key Topics Covered:




  • Medical Spa – Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Medical Spas Mark the Convergence of Beauty & Medicine

  • Robust Outlook for the Beauty Industry Provides the Foundation for Growth in the Medical Spa Market

  • The Never-Ending “Race” Between the Virus & Vaccines Continues. Amidst this Chaotic Battle, Where is the World Economy Heading Now & Beyond?

  • Omicron Variant Brings Back Memories & Fears of the Worst Part of the 2020 Pandemic

  • Time is of Essence! What We Know So Far – “Vaccine Efficiency Against New Strains is Decreasing”

  • With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking. But How Practical Is It to Implement Them?

  • With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness, but this Strategy is Not Within Reach for Most Countries: Number of Booster Doses Administered Per 100 People by Country as of December 2021

  • At the Dawn of 2022, We Leave Behind Millions of Deaths Due to New Strains & Once Again Stare at an Impending Catastrophe

  • How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country

  • Split Scenarios Unfold: The Great Vaccine Divide Emerges

  • Vaccine Imbalances to Stretch the Pandemic Further into 2022: Global Percentage (%) of Population Administered With Vaccines by Region as of November 2021

  • Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?

  • With IMF Making an Upward Revision of Global GDP for 2021, Companies Are Bullish About an Economic Comeback Despite a Continuing Pandemic

  • A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022

  • Easing Unemployment Levels in 2021 & 2022 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2019, 2020, 2021, and 2022

  • Medical Spa: Overview & Benefits

  • Recent Market Activity

  • World Brands



  • Growing Popularity of Beauty & Wellness Tourism & Post Pandemic Optimism for a Recovery Bodes Well for Medical Spas

  • Efforts to Push Beauty & Wellness Tourism, a Boon for Medical Spas

  • Beauty & Wellness Tourism to Attain Greater Heights in Post-Pandemic Era

  • Rise of Traditional Holistic Medicine Encourages Medical Spas to Focus on Alternative Health

  • Medical Spas Incorporate Herbs into all Aspects of the Spa Experience Encouraged by the Increasing Consumer Acceptance of Herbal Medicines

  • Strong Acceptance of Herbal Medicines Leads Medical Spas to Integrate Herbs into the Entire Treatment Experience: Global Opportunity for Herbal Medicines (In US$ Billion) for Years 2021, 2023, 2025 and 2027

  • Desire to Look Young Among the Rapidly Aging World Population Drives Demand for Anti-Aging Services & Treatments at Medical Spas

  • Rapidly Aging Population Throws the Spotlight on the Massive Demand Potential for Anti-Aging Treatments: Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050

  • Robust Growth in Spending on Anti-Aging Solutions to Support the Rise of Anti-Aging Medical Spas: Global Opportunity for Anti-Aging Products (In US$ Billion) for Years 2021, 2023, 2025 and 2027

  • Rise in Demand for Aesthetic Services Brightens the Outlook for Non-Invasive and Minimally-Invasive Medical Spa Treatments

  • Expanding Market for Aesthetic Services Provides a Goldmine of Service Opportunities for Medical Spas: Global Market for Aesthetic Services (In US$ Million) for Years 2021, 2023, 2025 and 2027

  • Medical Spas Expand Services to Include Dermal Fillers and Botox Treatment Encouraged by Strong Demand Patterns

  • Botulinum Toxin in the Spotlight

  • Cosmetic Botulinum Toxin Procedures Performed Worldwide (2021): Percentage Breakdown of Procedure Volume by Age Group

  • Global Market for Botulinum Toxin in Aesthetics Applications (In US$ Million) for Years 2021, 2023, 2025 and 2027

  • Boom in Demand for Cosmetic Procedures Amid the Pandemic Bodes Well for Market Growth

  • Thalassotherapy Harnesses Curative Properties of Seawater to Provide Holistic Spa Treatments

  • Increasing Acceptance of Male Aesthetics Present Untapped Growth Opportunities

  • Importance of Mental Wellness and Stress Management in the Aftermath of the Pandemic to Trigger Demand for Spa Therapy

  • Hair Removal, A Popular Service Offering in Medical Spas




For more information about this report visit https://www.researchandmarkets.com/r/tyfttc

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