With increased demand for cosmetic procedures and wellness treatments among both the older and younger generations, the med spa industry is booming. The global med spa market is expected to grow from $14.4 billion in 2022 to $25.9 billion by 2026, and some estimates indicate this sector will continue expanding at a compound annual growth rate of 14.97% annually until 2030, McGuireWoods reports.
Given its high profit margins, lack of exposure to commercial or government payors, and opportunities for expansive service line growth, investor appetite in the space is increasing; however, it is important to consider the unique legal challenges that impact this industry and transaction structuring. The aerticle covers six key considerations investors should know about the med spa landscape, particularly when structuring transactions and new med spa enterprises. Read more.
