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Medical Spa: An Emerging Multi-Billion Dollar Wellness Industry

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The medical saloon industry has seen explosive growth over the past decade, expanding into a global, multi-billion dollar wellness industry. Medical saloon offer treatments and procedures that were previously only available through medicinal offices and hospitals, in a more resort-like setting. This unique combination of medicine and wellness services has hugely expanded the availability of anti-aging, skin rejuvenation, weight management, and other kinds of treatments. According to the International Medical Spa Association (IMSA), the medical saloon industry had over $4 billion in revenue in 2018 and was growing at a rate of 15–20% annually. This rapid expansion shows no signs of slowing down as consumers increasingly seek non-invasive and preventative therapies.

A Broader Range of Minimally Invasive Treatments

Medical saloon have helped broaden access to minimally invasive cosmetic procedures and therapies. Treatments like Botox injections, dermal fillers, chemical peels, laser skin resurfacing, and body contouring have moved from exclusive Medical Spa offices to resort-style spa environments. This has made many anti-aging treatments more affordable and convenient. Medical saloon also provide medi-spa services like hormone therapy, medical weight loss programs, IV therapy, and nutritional counseling. Their multi-disciplinary approach allows customers to address various wellness needs through a single spa visit. The variety of non-surgical services available at medical saloon means customers can achieve aesthetic improvements and wellness goals through minimally downtime treatments.

Globalization and Growth of Destination Medical Tourism

Another major driver of the medical saloon boom has been the rise of medical tourism. As more treatments have become available at medical saloon worldwide, traveling to destination locations for wellness procedures has gained popularity. Countries like Thailand, Brazil, Mexico, and Turkey purpose-built entire medical wellness resorts to attract foreign customers. These medical destinations foster booming medical tourism industries, with prospective patients traveling for comprehensive treatment packages at a fraction of domestic costs. Top international medical saloon groups like True Medical Spa from Bangkok and Med Beauty Clinic from Istanbul create luxurious medical resort experiences where customers can combine aesthetic treatments with relaxation and sightseeing over an extended stay. The growth of destination medical tourism looking for cost-effective, high-quality care has fueled global demand for medical saloon services.

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