According to a market report by Report Linker, the global market for Medical Spa, which was anticipated to be worth US$12.2 billion in 2020, is expected to rise to US$25.9 billion by 2026 at a CAGR of 13.5 percent over the analysed period. Facial Treatment, one of the report’s sectors, is expected to rise at a 12.9 percent compound annual growth rate (CAGR) to reach US$13 billion by the conclusion of the analysis period. After a detailed examination of the pandemic’s commercial ramifications and the resulting economic crisis, the Body Shaping & Contouring segment’s growth is modified to a revised 15.7 percent CAGR for the next 7-year period. This market sector now controls 18.8% of the worldwide Medical Spa market.
PC: Freepik
