China Medical Spa Market Size & Outlook, 2023-2030
China medical spa market, 2018-2030 (US$M)
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China medical spa market highlights
- The China medical spa market generated a revenue of USD 607.1 million in 2023 and is expected to reach USD 1,799.7 million by 2030.
- The China market is expected to grow at a CAGR of 16.8% from 2024 to 2030.
- In terms of segment, facial treatments was the largest revenue generating service in 2023.
- Body Shaping & Contouring is the most lucrative service segment registering the fastest growth during the forecast period.
Medical spa market data book summary
| Market revenue in 2023 | USD 607.1 million |
| Market revenue in 2030 | USD 1,799.7 million |
| Growth rate | 16.8% (CAGR from 2023 to 2030) |
| Largest segment | Facial treatments |
| Fastest growing segment | Body Shaping & Contouring |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Facial Treatments, Body Shaping & Contouring, Hair Removal, Scar Revision, Tattoo Removal |
| Key market players worldwide | Eli Lilly and Co, ADF Group Inc Shs Subord.Voting, Mandarin Oriental International Ltd, Chic La Vie, Clinique La Prairie, Lanserhof, Orchard Wellness, Angel Longevity Medical Center, Allure MedSpa, Longevity Wellness Worldwide, Serenity MedSpa, Spa & Hôtel le Finlandais, Park Hotel Group, SHA Wellness Clinic, Aesthetic Business Transformations, Gentle Touch MediSpa & Wellness, MedSpa.com, Chiva-Som International Health Resorts |
Other key industry trends
- In terms of revenue, China accounted for 3.3% of the global medical spa market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan medical spa market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 531.0 million by 2030.
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Medical Spa Market Scope
Medical Spa Market Companies
| Name | Profile | # Employees | HQ | Website |
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China medical spa market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical spa market will help companies and investors design strategic landscapes.
Facial treatments was the largest segment with a revenue share of 53.09% in 2023. Horizon Databook has segmented the China medical spa market based on facial treatments, body shaping & contouring, hair removal, scar revision, tattoo removal covering the revenue growth of each sub-segment from 2018 to 2030.
Compared to developed countries such as the U.S., where antiaging treatments are more popular, younger consumers account for majority of the demand in China, owing to rising social media usage and booming live streaming economy, which have increased the desire to look young and attractive.
Exposure to medical aesthetic treatment at a younger age, when people are more prone to form entrenched habits, potentially creates a longer consumer life cycle and boosts demand. Aesthetic medicine treatments, which increased in China after 2015, have efficient & simple approach in comparison with cosmetic surgery.
Typical treatments include mesotherapy, photorejuvenation, picosecond laser, Thermage, and High-Intensity Focused Ultrasound (HIFU). Moreover, interest in nonsurgical facelift has been increasing among young Chinese women. Various celebrities in China are undergoing procedure for skin tightening.
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Our clientele includes a mix of medical spa market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China medical spa market , including forecasts for subscribers. This country databook contains high-level insights into China medical spa market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China medical spa market size, by service, 2018-2030 (US$M)
China Medical Spa Market Outlook Share, 2023 & 2030 (US$M)
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