U.S. Medical Spa Market Size & Outlook, 2023-2030
U.S. medical spa market, 2018-2030 (US$M)
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U.S. medical spa market highlights
- The U.S. medical spa market generated a revenue of USD 7,145.5 million in 2023 and is expected to reach USD 17,587.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 13.7% 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 7,145.5 million |
| Market revenue in 2030 | USD 17,587.1 million |
| Growth rate | 13.7% (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, U.S. accounted for 38.4% 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 North America, U.S. medical spa market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,331.6 million by 2030.
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Medical Spa Market Scope
Medical Spa Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 U.S. 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.
According to Am Spa's 2017 Medical Spa State of the Industry Report, chemical peels, aesthetician services. According to 2020 plastic surgery statistics by the American Society of Plastic Surgeons, 15.6 million cosmetic procedures were performed in the U.S., including 2.3 million surgical procedures and 13.2 million minimally invasive procedures.
Intense Pulsed Light (IPL) treatment replaced laser hair removal in the top 5 cosmetic minimally invasive procedures, with over 827,000 IPL procedures performed in 2020. Hyaluronic acid fillers accounted for more than 78% of all injectable dermal fillers.
Botulinum toxin type A and soft tissue filler procedures accounted for more than 33% and 25% share of all minimally invasive procedures. Noninvasive aesthetic procedures are highly popular in this region. Growing demand for minimally invasive aesthetic procedures by men & women of all ages owing to growing aesthetic consciousness in the U.S. is expected to drive 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 country-level data and insights on the U.S. medical spa market , including forecasts for subscribers. This country databook contains high-level insights into U.S. medical spa market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. medical spa market size, by service, 2018-2030 (US$M)
U.S. Medical Spa Market Outlook Share, 2023 & 2030 (US$M)
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