Do you wish to invest in a medical spa or do you want to make your current practice more profitable? Demand for med spas has skyrocketed recently, and the trend is expected to continue. A report by Allied Market Research projects that the worldwide medical spa industry will grow to $29.5 billion by 2030. Here is our list of services that could take your med spa revenue to the next level.
Fillers and Botox
Two of the most popular medical spa services worldwide are Botox and fillers. These minimally invasive procedures are intended to reduce wrinkles and replenish lost facial volume. Botox relaxes the face muscles that contribute to wrinkles, whereas fillers restore lost skin volume.
Because of their immediate results, low risk, and minimal downtime, Botox and fillers are very popular. These services are particularly profitable for med spas because many customers are prepared to pay a premium price for them.
The average cost of a Botox treatment is $408, while the average cost of a dermal filler treatment is $659, according to the American Society of Plastic Surgeons. Botox and fillers are in high demand, meaning med spas can easily make a substantial profit from them.
Laser Hair Removal
Laser technology is used in a non-invasive technique commonly referred to as “laser hair removal” to get rid of unwanted hair on different regions of the body. Due to the fact that it provides a long-term hair removal option, this procedure is quite popular with both men and women.
Because it takes several sessions to completely remove hair, laser hair removal is a very lucrative service for med spas. The American Society of Plastic Surgeons estimates that a session of laser hair removal costs an average of $389. Offering packages of several sessions allows med spas to increase revenue.
Laser hair removal is a widely sought-after treatment that can draw new customers to your med spa in addition to the increased revenue potential. The trend of self-care and body acceptance has made laser hair removal a perfect addition to your med spa treatment menu.
Body Sculpting
Body contouring is a non-invasive procedure that employs a number of technologies to get rid of fat and shape the body. Clients who wish to target particular body parts that resist diet and exercise are drawn to this treatment in large numbers.
Body contouring is a very lucrative service for med spas because it takes several sessions to achieve the best results. The average cost of body contouring therapy, according to the American Society of Plastic Surgeons, is $3,200 per session. Offering packages of several sessions allows med spas to increase revenue significantly.
New technologies and treatments are continually being developed for the body sculpting sector, which is expanding. This makes it a desirable choice for med spas seeking to keep up with current market trends.
Laser Skin Resurfacing
Skin resurfacing is a minimally invasive procedure that uses a number of methods to enhance the skin’s look. Scars, fine wrinkles, and sun damage can all be lessened with this procedure.
Since multiple sessions are necessary for the best results, skin resurfacing is a very lucrative service for med spas. The American Society of Plastic Surgeons estimates that a skin resurfacing procedure typically costs $1,000 per session. Offering packages of several sessions allows med spas to adequately increase their revenue.
The market for skin resurfacing is also rapidly expanding, and new tools and procedures are being created all the time. By utilizing the most recent technology and providing a range of treatment options, med spas that provide skin resurfacing procedures may stay one step ahead of the competition.
IV Therapy Treatment
Vitamins, minerals, and other nutrients are delivered straight into the bloodstream through IV therapy, a health procedure. People are turning to this procedure more frequently as they look for alternate methods to improve their health and wellbeing.
Because IV therapy can be tailored to each client’s needs, it is a very profitable service for med spas. The IV therapy alternatives available at med spas can include immune-boosting, detoxifying, and energy-boosting mixtures.
Along with the potential for increased revenue, IV therapy can draw in new patients interested in wellness treatments to your med spa. Additionally, IV therapy can be added to other services to create specialized treatment plans.
Microneedling
Microneedling is a minimally invasive procedure that punctures the skin with micro holes made by tiny needles. The look of fine lines, wrinkles, and acne scars can be improved by this procedure, which encourages the creation of collagen.
Because it takes several sessions to achieve the best results, microneedling is a very lucrative service for med spas. Microneedling treatments typically cost $625 per session, according to the American Society of Plastic Surgeons. Offering packages of several sessions allows med spas to see a jump in revenue.
Increase your med spa revenue in 2023
Providing a few or all of our suggested “most lucrative services” list for 2023, med spas could significantly raise their profitability. Botox and fillers, laser hair removal, skin resurfacing, body contouring, IV treatment, and microneedling are all extremely popular services that can bring in a lot of money for your med spa. Stay on top of the game and draw in new customers by investing back into the newest equipment and providing a range of treatment alternatives.
Consider including these services in your list of offered services, if you’re looking to increase the profitability of your med spa. Another way to increase profitability is by contacting Clinic Blast right away if you require assistance with your med spa marketing needs. Our team of professionals can assist you in developing a marketing plan that will draw in more customers, boost your revenue, and fill up your calendar.