Medical spa market booming, projected to reach $61.85 billion by 2032
From GlobeNewswire: 2025-06-18 08:45:00
The Medical Spa Market is booming, with a value of USD 18.33 billion in 2023 and projected to reach USD 61.85 billion by 2032. Factors driving growth include a surge in non-surgical beauty treatments, increased focus on self-care, and expanded access to medical-grade skincare services. The U.S. market alone is expected to contribute nearly 30% of the global share.
The medical spa industry is evolving, blending cosmetic dermatology with traditional spa services. From Botox to laser therapies, these facilities offer a range of procedures in both walk-in and appointment-based formats. AI-powered skin analysis and personalized skincare approaches cater to the wellness-conscious “wellness generation.”
Key growth drivers include rising disposable incomes, a growing prevalence of dermatological concerns, increased access to non-invasive treatments, and a skilled professional workforce. Social media influence, a culture of self-care, and a rising number of male consumers opting for non-surgical aesthetic treatments also contribute to market growth.
North America led the global medical spa market in 2023, with a 42.08% share, driven by consumer spending on personal wellness and advanced technologies. The Asia-Pacific region is poised for rapid growth, fueled by urbanization, rising disposable incomes, and cultural acceptance of beauty treatments in countries like South Korea, Japan, and China.
Recent developments in the medical spa market include Northrim Horizon’s acquisition of Allure Medspa, SkinSpirit’s acquisition of Truth + Beauty, and Ever/Body’s launch of a flagship medical spa in Miami. These moves demonstrate the industry’s dynamic nature and expanding footprint.
Overall, the medical spa market is on a growth trajectory, fueled by consumer demand for non-invasive beauty treatments, personalized skincare services, and a holistic approach to wellness. With key players like Cienega Med Spa, SkinSpirit Skincare Clinic, and Ideal Image Development Corporation leading the way, the industry is set for continued expansion and innovation in the coming years.
Read more at GlobeNewswire: Medical Spa Market Set to Reach USD 61.85 Billion by 2032,