Spain Medical Spa Market Size & Outlook, 2023-2030
Spain medical spa market, 2018-2030 (US$M)
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Spain medical spa market highlights
- The Spain medical spa market generated a revenue of USD 298.2 million in 2023 and is expected to reach USD 824.9 million by 2030.
- The Spain market is expected to grow at a CAGR of 15.6% 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 298.2 million |
| Market revenue in 2030 | USD 824.9 million |
| Growth rate | 15.6% (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, Spain accounted for 1.6% 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 Europe, UK medical spa market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 3,144.4 million by 2030.
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Medical Spa Market Scope
Medical Spa Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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 53.12% in 2023. Horizon Databook has segmented the Spain 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.
Increasing popularity of aesthetic procedures, advancing technology, and improving economic conditions in Spain are among factors propelling growth of medical spa market. According to ISAPS, in 2019, Spain was ranked 4th in terms of maximum number of cosmetic procedures in Europe.
Furthermore, according to OECD and European Observatory on Health Systems and Policies Report, obesity rates have increased in Spain. Around one in six adults (17%) was obese in 2017. Body shaping & contouring is one of the most common noninvasive treatments utilized for correcting flabbiness of the body and limbs.
Thus, these factors are likely to drive the market in Spain during the forecast period. However, Spain has stringent regulations for cosmetic injections such as hyaluronic acid and Botox. Doctors can perform these procedures after completion of a training course and gaining specialist qualifications. These factors may restrain growth of medical spa market in Spain.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain medical spa market , including forecasts for subscribers. This country databook contains high-level insights into Spain medical spa market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain medical spa market size, by service, 2018-2030 (US$M)
Spain Medical Spa Market Outlook Share, 2023 & 2030 (US$M)
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