Abstract
The democratisation of medical aesthetics fuels strong growth for medspas,
aesthetic laser treatments and physician skincare brands. According to US
medical spa managers, "ordinary" people are increasingly buying aesthetic
treatments and services. Med spas are seeing a wider range of new clients,
such as men, ethnic and younger consumers though the older, affluent woman
remains the most important medical-cosmetic customer.
Cosmetic or non-invasive procedures generate most revenues because clients
want effective results, fast treatments and no down or recovery time.
Skincare, which removes or reduces the signs of ageing such as age spots and
wrinkles, is driving this market while hair removal for both men and women can
account for more than 50% of business in US medspas.
Laser and light based device procedures can generate up to 80% of sales.
Technically innovative lasers, which treat an ever wider range of conditions,
will drive higher rates of growth as pigmentation, acne, tattoos, redness, sun
damage, veins, psoriasis, lesion removal and skin rejuvenation procedures
become available in medspas. The launch of effective and non-surgical
treatments for obesity or excess body fat will be the "holy grail" of the
global laser and medspa market. But market experts warn that body contouring
and anti-cellulite devices must deliver results in order to succeed.
In little more than a decade the US medspa market has come from zero to a one
billion US$ market. However this new market is restricted to companies and
products which meet specific criteria. The blurring of boundaries between
cosmetic and medicine has generated uncertainites but suppliers and medspas
which want to carve out a niche must differentiate themselves from the
cosmetic market. Key distinctions include clinical data, evidence backed
results, FDA approval and doctor, physician or pharma skincare brands
Diagonal Reports has now published its latest report on the US Med Spa Market.
Diagonal Reports specialises in the beauty and wellness market. It tracks
medical, dental and day spas, hair and beauty salons, fitness clubs, wellness
hotels, thermal springs, express and slimming clinics worldwide
Source Diagonal Reports conducted interviews with leading US medspas,
representing thousands of service visits, to determine demand for medspa
treatments and procedures.
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