North America Medical Spa Market Size & Outlook, 2023-2030
North America medical spa market, 2018-2030 (US$M)
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North America medical spa market highlights
- The North America medical spa market generated a revenue of USD 7,639.5 million in 2023.
- The market is expected to grow at a CAGR of 13.8% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 7,639.5 million |
| Market revenue in 2030 | USD 18,918.7 million |
| Growth rate | 13.8% (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, North America region accounted for 41.1% 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 |
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North America 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 54.11% in 2023. Horizon Databook has segmented the North America 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.
North America dominated the overall market in terms of revenue share in 2021 owing to high average spending per trip, resulting in higher wellness tourism expenditure than other regions. Medical spa services are used for the correction of aging signs, skin’s contour, reduction of depressions, and lip & cheek augmentation.
Moreover, face and body treatments to improve aesthetic appearance not only have applications in middle-aged women but also young men and women. Easy availability of different services and products for various aesthetic procedures in the U.S. and Canada is expected to further boost the market.
According to International Spa Association (ISPA), in the U.S., an average of around 179 million people visit spas annually. An increase in the number of medical spa facilities in the region is one of the key factors driving the market growth.
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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 North America medical spa market , including forecasts for subscribers. This continent databook contains high-level insights into North America medical spa market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America medical spa market size, by country, 2018-2030 (US$M)
North America Medical Spa Market Outlook Share, 2023 & 2030 (US$M)
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