The global medical spa industry is set to expand significantly, with a valuation expected to rise from USD 36,592.2 million in 2024 to USD 70,648.2 million by 2034, at a compound annual growth rate (CAGR) of 6.8%. Market Growth Drivers Increasing Awareness of Health and Wellness Consumers are increasingly prioritizing health, relaxation, and non-invasive aesthetic …
Tag Archives: Medical Spa Industry
Global Medical Spa Industry Soars to Astounding US$ 70.3 Billion by 2032, Propelled by a Remarkable 15.6% CAGR | FMI
In a remarkable testament to its robust expansion, the Global Medical Spa Industry, previously valued at US$ 16.7 Billion in 2022, is set to achieve unprecedented heights, surging to an impressive US$ 70.3 Billion by the year 2032. This extraordinary growth is underlined by a staggering Compound Annual Growth Rate (CAGR) of 15.6%, marking a …
United State Medical Spa Industry Analysis from 2022 To 2032 by Service & Region | FMI Unveils the Trends
The United States is set to dominate the Medical Spa Industry, projected to contribute over US$ 25 billion by the year 2032. This substantial growth is backed by an impressive 13.4% Compound Annual Growth Rate (CAGR) recorded from 2017 to 2021. In 2021, the United States accounted for nearly 40% of the market share, solidifying …