According to the American Med Spa Association, there are more than 8,800 medical spas operating throughout the U.S. as of the end of 2022. This is up from almost 7,500 medical spas in 2021 and nearly 5,500 medical spas in 2018.
The medical spa industry is now worth a whopping $15 billion. And if the medical spa business continues to grow like it has in recent years, it'll be worth significantly more than that soon.
This would make now the ideal time to invest in medspa software and start a medical spa from the ground up. As long as you have the right medical spa software, the best medical spa employees, and, of course, the latest medical spa services, opening a medical spa could end up being very lucrative for you.
Still not convinced that medical spa ownership is right for you? We've created a list of the biggest benefits of starting your own medspa practice. We've also included a list of the benefits of using the best medspa software to keep track of your medical spa clients.
Check out these benefits below.
If you're on the fence about whether or not you would like to open a medical spa, it might help to hear about the advantages of starting one up. There isn't any shortage of them at this time thanks to all the potential the medical spa business has.
It's become very common for people to have the minimally invasive procedures that most medical spas offer done. You might be able to capitalize on this by building your own medical spa or even by offering medical spa services through your existing medical practice.
Here are a few of the biggest benefits that'll come along with starting a medical spa.
As we alluded to earlier, the medical spa industry is already worth upwards of $15 billion. But believe it or not, that might only be a fraction of what it'll be worth in the not-too-distant future.
Industry experts are already predicting that the medical spa industry is going to grow by almost 15% each year between now and 2030. That could make medical spa ownership extremely profitable for you if you play your cards right.
But you'll have to act fast to make the most of this opportunity. If you wait for even just a year or two to open a medical spa, it could result in you missing out on the chance to make a whole lot of money.
When you imagine a spa in your head, you probably picture one that offers services like massages and facials. Some medical spas will extend these kinds of services to their clients. But it's important to note that these types of services are not the usual medical spa services.
When you own medical spa services, you'll be able to offer some of the most advanced non-surgical aesthetic treatments around. Here are some of the many medical spa services you'll be able to provide to your clients:
A big part of the reason why the medical spa industry is so lucrative is that these types of services have the potential to bring in way more money than services like massages and facials. Many people are willing to pay top dollar to have these services performed. This will be especially true when you're able to hire medical spa employees who know how to carry them out to perfection.
As you just saw, there are already so many different medical spa services that you can provide to your clients when you open a medspa and put the right medspa management software to the test. But this might only be the tip of the iceberg when you embrace medical spa ownership.
There is really no telling what other medical spa services might be available soon. As long as you're willing to stay on top of the latest medspa trends, you should be able to expand your list of services over time. It can help to bring in even more clients over the months and years ahead and enable your medical spa to generate as much money as it possibly can.
Once upon a time, many medical spas catered only to those who were in their 50s, 60s, and sometimes 70s. A lot of the medical spa services that were offered appealed mostly to those who wanted to make themselves look younger than they were.
But over the last few years, medical spa treatments like botulinum toxin injections, better known as Botox, have started to appeal to the younger crowd. It isn't uncommon at all for those in their 20s and 30s to seek out these kinds of medical spa services.
And here's the thing about these kinds of treatments: They're not a one-and-done type of thing. When a person starts getting, say, Botox, they'll have to continue to get Botox for the foreseeable future to keep on getting great results.
This will be wonderful for your medical spa because it'll allow you to create a large list of loyal clients and add to it in the years to come. You might even have the freedom to make your medical spa as big or as small as you want since there will be such a high demand for its services.
A recent survey revealed that almost 60% of Americans admit to not feeling comfortable in their own skin. Unfortunately, there are so many people walking around in this world wishing they could change certain things about themselves.
By opening a medical spa, you'll provide many of these people with the opportunity to change the things they're not happy with. You can help them get rid of things like wrinkles, acne, fat, hair, and even tattoos. Wouldn't it be nice to play a role in providing people with the happiness they've been chasing?
Whether you play a part in performing medical spa services or not, you'll find that medical spa ownership will be extremely rewarding. You'll love watching people walk out of your medical spa with their heads held high and filled with a renewed sense of self-confidence.
All of the money your medical spa will bring in will, of course, be very rewarding in and of itself. But once you see what a big difference your medical spa can make in the lives of others, that might end up being the biggest reward of all.
There will be many different steps you'll need to take before you can start a medical spa. For instance, you'll need to find a place to put your medical spa. You'll also need to acquire the necessary licenses and insurance to set your medical spa up for success.
Additionally, you'll have to look around for the right people to serve as your medical spa employees. You'll also need to create a marketing plan so that you're able to build up some buzz around your medical spa and bring in medical spa clients who want to take advantage of your services.
But maybe above all else, you'll need to secure the best medspa software you can find. It'll provide you with a bunch of benefits that'll make it well worth the investment you'll make in it.
Here are some of the benefits of starting to use medspa software:
Your medspa management software will essentially make it possible for you to control every aspect of your business in one place. You'll be able to stay more organized, make your medical spa more efficient, and rake in bigger profits overall because of it.
Are you ready to start your own medical spa after hearing about all the benefits of doing it? If you are, you should touch base with Cerbo today to learn more about the medspa software we can provide for you.
We specialize in setting up small and midsize medical spas with the best medspa software around. You'll be able to get your medical spa moving in the right direction when you have our medspa management software leading the way.
Schedule a sales call today to see what sets our medspa software apart from the pack.
