Rising inflation, record oil prices, a slumping stock market, a possible recession, but the Med Spa industry continues to have massive growth.
Botox is the most common minimally invasive procedure in the United States has boomed in recent years.
From 2010 to 2020, the number of Botox injections has increased by 459%.
In 2021, more than 3.6 million cosmetic botox treatments were performed.
Worldwide , it is estimated that there are 11 million Botox users.
From stistica.com, in 2021 the following number of procedures were done in the United States :
• Neurotoxin. 3.6 million
• Fillers. 1.8 million
• Skin Treatments (chemical peels, Hydrafacial,etc) 1.3 million
• Laser Hair Removal 454,954
• Laser Skin Care 431,485
• Skin Tightening 391,855
According to reportlinker.com, Botulism toxin market is expected to grow to $8.9 Billion by 2028 from $5.3 Billion in 2021
The growth should continue with more providers, more interest, more products and new technology .The future of nonsurgical cometic procedures should continue to increase in the years to come.