New York, Jan. 29, 2025 (GLOBE NEWSWIRE) --

Global is forecasted to reach by the end of 2024 and grow to U in 2033, with a CAGR of .

A medical spa, commonly known as a med spa, is a hybrid between a conventional day spa and a medical clinic. It offers several cosmetic and aesthetic treatments that, in most locations, are performed under the supervision of licensed healthcare professionals, including doctors, nurse practitioners, or physician assistants.

This growth can be attributed to increasing consumer awareness about self-care and anti-aging services, affiliated with the rapid growth taking place within the wellness tourism industry. Apart from this, theme vacations related to wellness, being offered as a part of the packages by hotels, is one of the major growth contributors.

The US Medical SPA Market is projected to reach by the end of 2024 and grow substantially to an expected market by 2033 at an anticipated CAGR of .

The driving forces behind the demand for services offered by medical spas include increasing consumer demand for non-invasive cosmetic procedures and overall wellness orientation. Increasing disposable income and an aging population in need of age-defying treatments contribute significantly to market growth.

Some of the trends include personalized treatment depending on the needs and preferences of the individual patient. There is also a growing trend toward holistic wellness with a focus on traditional spa treatments combined with medical procedures.

Market Size (2024)	USD 22.6 Bn
Forecast Value (2033)	USD 83.9 Bn
CAGR (2024-2033)	15.7%
North America Revenue Share	42.3%
The US Market Size (2024)	%
Historical Data	2018 - 2023
Forecast Data	2025 - 2033
Base Year	2023
Estimate Year	2024
Segments Covered	By Service, By Gender, By Age, By Service Provider
Regional Coverage	North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

Females are projected to contribute approximately of the revenue in the medical spa market by the end of 2024. This is because they are the main clients and, therefore, extra services tend to target them specifically. Botox treatments and other dermal injections have gained immense popularity among women who wish to improve their looks and boost their self-esteem.

Facial enhancement treatment such as Botox is one of the many treatments most of them go for. These non-invasive alternatives to liposuction enable one to reduce resistant fat without surgery, without scarring, and extensive recovery.

It is expected that North America will lead the market in Medical SPA, contributing up to revenue share in 2024, as people demand wellness and luxury beauty treatments. The needed and wanted services for better health and appearance, such as BOTOX and dermal fillers, are thus demanded and are willing to be paid for by individuals of this region.

Some strengths of North America include advanced technologies, skilled professionals that include licensed dermatologists and estheticians, and a strong health infrastructure. Therefore, this will allow different medical centers to offer a wide range of cosmetic procedures, both non-invasive and minimally invasive.

By Region

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

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Recent Developments

• April 2024: JEUNESSE unveiled a cutting-edge HydraFacial treatment at its Jeunesse Medical Spa locations in Holmdel and Old Bridge, United States.
• January 2024: Empower Aesthetics, a national platform for medical aesthetics, announced a partnership with DermaTouch RN, a prominent medical aesthetic practice with locations in Houston and San Antonio, Texas, as well as AW Skin Co., a well-respected medical spa and wellness center with three sites in Cool Springs, Franklin, and Murfreesboro, Tennessee.
• November 2023: MD Esthetics completed the acquisition of Medical Aesthetics of New England (MANE), a well-established medical spa operating two locations in Acton and Fitchburg, Massachusetts.
• November 2023: SHA Wellness Clinic revealed plans to open its first international location in Mexico in January 2024, marking the initial phase of its global expansion strategy, which will include an Abu Dhabi site in 2025.
• January 2023: Chiva Som launched an online program for naturopathic and nutritional consultations aimed at children, reflecting its commitment to holistic health by providing tailored wellness guidance for younger individuals.

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