United States Medical Spa Market Report and Forecast 2024-2032

United States Medical Spa Market Size

The United States medical spa market was valued at USD 7.36 billion in 2023, driven by the rising demand for non-invasive cosmetic procedures across the region. The market is expected to grow at a CAGR of 14.0% during the forecast period of 2024-2032, with the values likely to rise from USD 8.89 billion in 2024 to USD 23.89 billion by 2032.

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United States Medical Spa Market Outlook

• The increasing consumer awareness about self-care and anti-aging services is a major growth driver of the market.

• The market demand is impacted by the increasing number of male clients, the rapid expansion of the wellness tourism sector, and the rising disposable incomes in the United States.

• The rising advancements in medical spa technologies including innovations in laser technology, radiofrequency, ultrasound, and cryotherapy, among others, is a major market trend.

United States Medical Spa Market Overview

Medical spas (also known as medispa) offer several cosmetic treatments while maintaining a calm and peaceful space for the people. Medical spas are mainly focused on skincare treatments which include botox injections, anti-wrinkle and fine line reduction treatment, laser procedures, acne therapy, and fillers. When compared to a traditional spa, a medical spa provides professional medical expertise to people along with usual spa services like facials and massages.

The United States medical spa market is driven by increasing consumer awareness about self-care and anti-aging services and a rapid expansion of the wellness tourism sector. The high demand for non-invasive and minimally invasive cosmetic treatments, such as chemical peels and non-surgical skin tightening, body sculpting, and tattoo removal, is also driving growth in the global medical spa market. Additionally, wellness packages offered in hotels are generating a substantial demand for wellness-themed vacations.

The easy availability of various services and products for various aesthetic treatments is anticipated to boost the United States medical spa market size. The rising consumer disposable income and the increasing number of cosmetic physicians using blogs and social media networks to promote their practices also augment the demand for such services. Key companies offer personalized beauty treatments to justify premium prices, which also impacts the market dynamics. An emerging trend in the sector is incorporating biophilic design and wellness architecture into the complete structural design of the property. Furthermore, the rising adoption of dermal fillers among women and the increasing demand for laser hair removal are likely to bolster the market growth.

United States Medical Spa Market Growth Drivers

Rise in Strategic Partnerships to Fuel Market Growth

With the rising demand for medical spas in the United States, there has been an increase in the number of strategic partnerships among the key market players. For instance, in January 2024, United States-based Advanced Medaesthetic Partners announced a partnership with H-MD Medical Spa, a leading provider of aesthetic treatments in Oklahoma City, as part of its expansion initiative. Under this collaboration, H-MD Medical Spa will gain access to AMP’s resources and research expertise, among others. It is expected to help the medical spa deliver the most advanced treatments available. Similarly, in July 2023, Dallas-based Surge Private Equity bought Toska Spa and Facial Bar, a well-known center catering to several A-list celebrities. The acquisition is anticipated to provide better service outcomes for people seeking these procedures. Thus, such strategic partnerships are poised to fuel market growth in the coming years.

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United States Medical Spa Market Trends

The market is witnessing several trends and developments to improve the current scenario in the United States. Some of the notable trends are as follows:

Growing Demand for Non-Invasive Cosmetic Procedures to Impact Market Dynamics

One of the major market trends is the growing demand for non-invasive and minimally invasive cosmetic procedures. The development of new techniques and treatments supports this market trend by offering aesthetic improvements with reduced recovery times and fewer side effects. The demand for these advanced treatments is further bolstered by a cultural shift towards prioritizing physical appearance and wellness.

Increasing Male Clients Set to Augment United States Medical Spa Market Demand

The market is witnessing a considerable increase in the number of male clients who are seeking medical spa services. Aesthetic treatments such as Botox, laser hair removal, and skin rejuvenation are gaining popularity among the male population. As men become more conscious of their appearance, the customer base of medical spas is expected to increase, which will consequently aid the market growth.

Increase in Disposable Income Likely to Boost Market Growth

A key driver of the market in the United States is the rising disposable incomes which is leading to higher spending on luxury and self-care services, including medical spa treatments. This economic factor, particularly seen in urban areas, is likely to fuel the market demand for procedures such as Botox injections, dermal fillers, laser hair removal, and chemical peels.

Advancements in Medical Spa Technologies Poised to Elevate the United States Medical Spa Market Value

The rising advancements in medical spa technologies including innovations in laser technology, radiofrequency, ultrasound, and cryotherapy, among others, is a major trend that is anticipated to elevate the market value. For instance, the introduction of non-surgical body contouring technologies like CoolSculpting and SculpSure is generating significant demand in the market.

United States Medical Spa Market Segmentation

Market Breakup by Service Type

• Facial Treatment

• Body Shaping and Contouring

• Tattoo Removal

• Laser Hair Removal

• Scars Revision

• Skin Tightening

• Hair Restoration

• Skin Rejuvenation

• Other Services

Market Breakup by Age Group

• Adult

• Geriatric

• Adolescent

Market Breakup by Gender

• Male

• Female

Market Breakup by Ownership

• Single Ownership

• Group Ownership

Market Breakup by Location Type

• Single Location

• Multi Locations

United States Medical Spa Market Share

Market Segmentation Based on Service Type is Experiencing Substantial Growth

Based on the service type, the market is segmented into facial treatment, body shaping and contouring, tattoo removal, laser hair removal, scar revision, skin tightening, hair restoration, and skin rejuvenation, among other services. With an increasing emphasis on improving physical appearance and facial aesthetics, the service type segment is witnessing significant market growth. There is a rising preference for facial treatment in the market. It can be attributed to the increasing demand for anti-aging treatment options, such as Botox and dermal fillers. Facial treatments have gained high demand as they are less invasive than surgery and target various facial irregularities, including wrinkles and fine lines, decreased volume and contour, and unwanted fat with ease.

The body shaping and contouring segment is expected to witness exponential growth in the forecast period. Non-invasive and minimally invasive fat reduction procedures are anticipated to surpass surgical methods. In addition, the advent of energy-based minimally invasive technologies fits perfectly into the medical spa paradigm and is expected to open new opportunities for aesthetic enhancement in the region.

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United States Medical Spa Market Analysis by Region

Geographically, the Northeast region of the United States, including states such as New York, Massachusetts, and Pennsylvania, is a significant market for medical spas. This regional market is driven by a cultural emphasis on physical appearance and the presence of affluent consumers. The high population density and the concentration of advanced medical spas in the region further boost the market growth. Moreover, the accessibility of innovative cosmetic treatments and personalized services in cities like New York City and Boston also aids the expansion of the market.

Leading Players in the United States Medical Spa Market

The key features of the market report comprise the patent analysis, funding and investment analysis, and strategic initiatives by the leading key players. The major companies in the market are as follows:

La Bella Vita Medi Spa

La Bella Vita Medi Spa is known for its premium aesthetic and wellness services. This leading medical spa caters to a diverse customer base seeking non-surgical cosmetic procedures for the face and body.

Health Bay Med Spa

Health Bay Med Spa is one of the key players in the United States market. It specializes in advanced facial aesthetics, Botox, and fillers. This medical spa offers personalized consultations and treatment plans.

Tailored Aesthetics

Tailored Aesthetics Medical Spa, located in Escalon, California, has a prominent presence in the market. They offer premium aesthetic solutions including PRP injections, microneedling with PRP, hydrafacials, and Zo Skin Health 3-Step Peel.

Ego Beauty and Wellness Medical Spa

Based in California, Ego Beauty and Wellness Medical Spa is a provider of aesthetic and wellness services that address both physical appearance and overall health. They employ the latest technologies to maintain high standards of client care.

Other key players in the market include SkinFX Medical Spa, Beauty Fix Med Spa, Z Center Cosmetic Spa, Pritikin Longevity Center and Spa, Margot European Day Spa, and Solux Medical Spa.

Key Highlights of the Report

Key Questions Answered in the United States Medical Spa Market Report

• What was the United States medical spa market value in 2023?
• What is the United States medical spa market forecast outlook for 2024-2032?
• What is market segmentation based on the service type?
• What is the market breakup based on age group?
• What is the market breakup by gender?
• What is the market breakup by ownership?
• What is the market segmentation on the basis of location type?
• What are the major factors aiding the United States medical spa market demand? 
• How has the market performed so far and how is it anticipated to perform in the coming years?
• What are the market's major drivers, opportunities, and restraints? 
• How does the growing demand for aesthetic treatments affect the market landscape?
• What are the major United States medical spa market trends?
• How does the rise in disposable incomes impact the market size?
• Which service type will dominate the market share? 
• Which age group is expected to have a high market value in the coming years?
• Which gender is expected to dominate the market share?
• Which ownership model is predicted to lead the market share?
• Which location type is poised to have the highest market value in the coming years?
• Who are the key players involved in the United States medical spa market?
• What are the current unmet needs and challenges in the market?
• How are partnerships, collaborations, mergers and acquisitions among the key market players shaping the market dynamics?