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Medical Spa Market Share

Report ID: GMI8434
Published Date: Mar 2024
Report Format: PDF

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Medical Spa Market Share

The medical spa industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products and services based on different technologies is among a key market strategy. Some of the leading industry players have a notable presence in the market.

Medical Spa Market Companies

Some of the eminent market participants operating in the medical spa industry include:

Manufacturers
- AbbVie Inc.
- Alma Lasers LTD
- Candela Corporation
- Cutera, Inc.
- Cynosure
- Solta Medical Inc.
Service providers
- American Laser NW
- Hand & Stone Franchise Corp.
- Ideal Image
- ME SPE Franchising, LLC.
- Skin Laundry Holding, LLC
- Sono Bello

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The medical spa market was valued at around USD 18.1 billion in 2023 and is estimated to reach over USD 55.3 billion by 2032, driven by a combination of medical and cosmetic treatments in a spa-like environment.

The single ownership segment held a major market share of 35.9% in 2023, fueled by its ability to ensure superior service quality, streamlined decision-making processes, and personalized customer experiences.

In 2023, North America medical spa market share as 40.6% and will continue to rise through 2032, attributed to higher prevalence of obesity driving demand for weight management and body contouring services, along with presence of affluent population with high disposable income levels.

AbbVie Inc., Alma Lasers LTD, Candela Corporation, Cutera, Inc., Cynosure, Solta Medical Inc., American Laser NW, Hand & Stone Franchise Corp., Ideal Image, ME SPE Franchising, LLC., Skin Laundry Holding, LLC, and Sono Bello.