The Latin America, Middle East and Africa Medical Spa Market would witness market growth of 13.43% CAGR during the forecast period (2019-2025).
Medical spas have become a major trend among men and women alike. A medical spa can be understood as a mix of both traditional spa and a medical clinic. These spas are a perfect blend of the soothing spa experience and clinically driven procedures performed by medical experts. Generally, medical spa services range from the treatment of aging skin, acne, hair removal, and more. Some other offerings include laser and light treatments, injectable like Restalyne and Botox, as well as chemical peels. In a medical spa, clients can also avail of luxurious treatments that are provided at a traditional day spa. These include massage, seaweed wraps, salt glows, and facials.
Laser hair removal procedures are the hair removal operation done by exposing the hair shaft to laser light pulses that destroy the hair follicle. It has been carried out experimentally for about 20 years before the first commercial lasers for these treatments were approved by the FDA in 1997. This treatment is relatively new, which is why experts expect this treatment to carry along some amount of risk every time. Despite this, there is still hope of increases in revenue. Although population maturity is a significant trend for the medical spa industry, demand for anti-aging treatments is by no means limited to retirement-age individuals. Nonetheless, younger generations have an increasing desire to take advantage of treatments that have been designed to prolong their youth.
Based on Services, the market is segmented into Facial Treatment, Body Shaping & Contouring, Hair Removal, Scar Revision, Tattoo Removal and Other Services. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Medical Spa Market in LAMEA is expected to register a CAGR of 13.43% during the forecast period (2019-2025)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hologic, Inc. (Cynosure, Inc.), Lumenis Ltd. (XIO Group), Sciton, Inc., Canyon Ranch, Inc., Clinique LA Prairie SA, Hyatt Hotels Corporation, Syneron Medical Ltd. (Apax Partners), Chiva-Som International Health Resorts Co., Ltd., Allure MedSpa and Biovital Medspa.
Market Segmentation:
By Services
By Country
Companies Profiled
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