“The MedSpa industry can be simply defined as the world between the cosmetic counter and the cosmetic surgeon.”
The increase in public awareness of aesthetic procedures and continued advances in minimally-invasive technology increase the ever-growing need to maintain a youthful appearance. This formula adds up to make aesthetic procedures one of the best investments for medical professionals today.
For Men, Liposuction is the #1 surgical aesthetic procedure.(ASPRS annual physician data.)
For Women, Liposuction is the #2 surgical aesthetic procedure.( ASPRS annual physician data.)
By the year 2010, Americans over the age of 55 will have a buying power of over $3 trillion.
12,000 American “baby-boomers” turn 50 everyday. This will continue for the next 20 years!
“Baby-boomers” make up 51% of the US population and control 75% of the country’s wealth.
Aesthetic clients spend 380% more than traditional day spa clients.
Aesthetic clients are a cash only business. No insurance!
Aesthetic client retention and repeat visits run as high as 90%.
Only 10%-15% of demand for Aesthetic services is currently being met.
People aged 35 – 50 had the most procedures done; 44% of total.