Report ID: SQMIG35A2526
Report ID:
SQMIG35A2526 |
Region:
Global |
Published Date: September, 2024
Pages:
219
|
Tables:
119 |
Figures:
77
North America, especially the United States, is the dominant region in the global medical spa market. The region’s affluent population can spend more on wellness and luxury beauty treatments, creating demand for medical spa services. North American consumers are willing to invest in treatments that promotes health and beauty, such as Botox and dermal fillers. North America has cutting-edge technologies, an abundance of skilled professionals, such as licensed dermatologists and estheticians, and a well-established healthcare system. This enables medical centers in the region to offer a wide range of non-invasive and minimally invasive cosmetic procedures. Social acceptance of beauty treatments is on the rise in North America, with social media, celebrities, and a culture that promotes physical appearance and wellness as a service price. This increases demand for beauty enhancements in pharmacies, especially among millennials and among older people.
Asia Pacific is the fastest growing region in the medical spa market. Rapidly expanding middle classes in China, South Korea, Japan and India have increased disposable incomes, leading more consumers to choose medical spa services. Asia Pacific places a strong emphasis on beauty, and consumers seek non-invasive treatments to enhance their appearance. The region is becoming a major global destination for medical tourism, especially in countries such as Thailand, South Korea and India. Medical spas in these areas offer high-quality beauty treatments at more affordable prices making the region attractive to international clients.
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Report ID: SQMIG35A2526