India Medical Spa Market Size & Outlook, 2023-2030
India medical spa market, 2018-2030 (US$M)
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India medical spa market highlights
- The India medical spa market generated a revenue of USD 799.8 million in 2023 and is expected to reach USD 2,399.1 million by 2030.
- The India market is expected to grow at a CAGR of 17% 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 799.8 million |
| Market revenue in 2030 | USD 2,399.1 million |
| Growth rate | 17% (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, India accounted for 4.3% 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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India 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 54.48% in 2023. Horizon Databook has segmented the India 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 spa industry in India has high potential and is undergoing significant development in recent years. India has a considerable medical spa industry, with its confluence of high-tech medicine, traditional healing, and abundance of tourist attractions.
Large young consumer base, growing disposable income, and increasing medical tourism are some of the major factors contributing to growth of India medical spa market. According to ISAPS, the number of nonsurgical procedures in the country increased to 268,536 in 2020 to 249,024 in 2019.
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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 India medical spa market , including forecasts for subscribers. This country databook contains high-level insights into India medical spa market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India medical spa market size, by service, 2018-2030 (US$M)
India Medical Spa Market Outlook Share, 2023 & 2030 (US$M)
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