Europe Medical Spa Market Size & Outlook, 2023-2030
Europe medical spa market, 2018-2030 (US$M)
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Europe medical spa market highlights
- The Europe medical spa market generated a revenue of USD 5,127.4 million in 2023.
- The market is expected to grow at a CAGR of 15.4% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 5,127.4 million |
| Market revenue in 2030 | USD 13,938.6 million |
| Growth rate | 15.4% (CAGR from 2023 to 2030) |
| Largest segment | Facial treatments |
| Fastest growing segment | Body Shaping & Contouring |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 27.6% of the global medical spa market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,580.7 million by 2030.
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Medical Spa Market Scope
Medical Spa Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 54.02% in 2023. Horizon Databook has segmented the Europe 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.
The European Spas Association is a federation of 20 European nations. There are about 1,400 medical spas and health resorts in Europe, which are medically acknowledged health institutions and are part of several nations' health system services.
Rapidly aging population and increasing awareness among people about advanced aesthetic procedures are some of the key factors contributing to market growth. Increase in per capita income of countries, such as Spain, is another factor leading to rise in the adoption of medical spas for aesthetic treatments in European countries.
Other factors such as favorable reimbursement policies have contributed to market growth. In many European countries, health insurance subsidizes medical spa treatments. In some countries, such as Slovakia, Switzerland, or Germany, financial support is even provided for medical spa treatments in another European country.
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Our clientele includes a mix of medical spa market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical spa market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical spa market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe medical spa market size, by country, 2018-2030 (US$M)
Europe Medical Spa Market Outlook Share, 2023 & 2030 (US$M)
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