World Health Spa Market to Reach US$ 77.2 Billion by 2015

The world health spa industry is an emerging industry and continues to attract a large number of customers. Advances in medicine and science, and prevailing nutrition and health trends are contributing to the industry’s growth. The health spa industry witnessed a fall in demand for the more expensive treatment options. The market is focused on more in-demand therapies such as massages, facials, weight loss, and stress relief treatments. Spas are also offering more personalized treatments, and aiming to lure customers with spa deals and discounts in tie-up with several hotels. Services such as non-surgical procedures for the treatment of excess body fat as well as anti-aging therapies are expected to emerge as leading therapies in the medical spa market.

Spas are keeping abreast of customer needs and expectations and tailoring their services accordingly. Customers are increasingly being offered multi-faceted services for body, mind, and spirit. Spas are also offering the customer shorter treatments that are affordable and effective such as 30 minute massages and facials. Hospitals and spas are increasingly overlapping in their roles and services with newer treatments such as pain management therapy and preventive care expected to be the biggest growth opportunity for Medspas. An increasing number of people are becoming aware of spa treatments with spa services also being marketed on web based channels and social networking sites. Though spas were usually frequented by women, spas are growingly being patronized by men as well. For example, men constitute 50% of the client base in dental spas.

Europe leads the spa industry in terms of revenues, followed by North America and the Asia-Pacific region; however Europe is far behind in terms of spa visit numbers. The Asia-Pacific region is set to further consolidate its position as the global hub for spa destinations, particularly as the hotel industry continues to grow in this region. China is emerging as a promising new destination for spa treatments in the Asia-Pacific region.

The research report titled “Health Spas: A Global Outlook” announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a rudimentary overview of the industry, highlights latest trends and demand drivers, in addition to providing statistical insights. Regional markets briefly abstracted and covered include United States, Canada, Japan, France, Germany, Italy, Spain, UK, Australia, China, Hong Kong India, Indonesia, Thailand, Malaysia, and the Middle East, among others. The report offers a compilation of recent mergers, acquisitions, and strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.

Pictured: Falkensteiner Hotel & Spa Iadera in Zadar, Croatia