ROCKVILLE, MD -- (Marketwire) -- 11/13/12 -- MarketResearch.com has announced the addition of "Medical Spas: A Market Analysis," to their collection of market reports.
This groundbreaking new analysis by Marketdata examines the growing $1.9 billion business of medical spas. These are the about 2,100 "medical spas" or "med spas" now operating in the United States -- an interesting hybrid niche healthcare/cosmetic facility that straddles the medical and business fields. Medical spas only emerged ten years ago and exploded in number between 2007 and 2009. However, a major shake-out took place as franchises failed and the recession hit -- exposing overoptimistic revenue assumptions and poor management.
As primary care MDs seek to replace lost income, and as baby boomers age, demand should grow for minimally or non-invasive cosmetic procedures made possible by an ever-developing generation of laser equipment.
This study examines the med spas market structure and history, revenues/growth, key market trends and issues, effects of the recession, consumer demand factors and demographics, extensive med spa operating ratios -- results of three separate surveys, laser technology and suppliers, why franchising failed, investment, etc. Covers national revenues (2002-2011 estimates, 2012, 2013 & 2016 forecasts).
Headwinds that have limited med spa success in the past have included widely varying state regulations, botched procedures resulting from improper use of laser machines, and a spate of failed franchises. However, most of these issues have been resolved and the business lessons have been learned.
For more information, visit http://www.marketresearch.com/land/product.asp?productid=7195320&progid=84894
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MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Cindy Frei at 240.747.3014 or visit http://www.marketresearch.com.
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