APRIL 2002 PRESS RELEASE
$455 Million U.S. Market Projected For Medical Spas & Specialty Hospitals In New Report From Feedback Research Services
April 29, 2002 (Jacksonville OR): Consumer-driven medical services are big business. The cosmetic and laser eye surgery markets demonstrated profit opportunities in the late 1990s and were followed by more widespread establishment of health scanning facilities in 2000. Members of the baby boom generation typically create the most demand for these and other services offered by medical spas, specialty hospitals, and wellness programs. Individuals age 65 and over are also supporting growth of non-invasive cosmetic procedures.
Patient-centric services in U.S. specialty hospitals include luxury accommodations for patients who are undergoing cardiac, orthopedic, or other surgeries. Medi-spas may also be available at the same location, with cosmetic procedures and personalized consultation services that are provided by health care professionals. Improved facility designs contribute to comfort and convenience for patients and greater efficiency for medical staff, especially in hospitals with high-tech monitoring capabilities. The combined revenues from these two segments are projected to generate $455.0 million in 2002, according to the new "Consumer-Driven Health Markets" report from Feedback Research Services.
This 185-page report focuses on elective cosmetic surgery, dermatology, diagnostic imaging, and vision care segments, as well as extra services offered in medical spas and specialty hospitals. Growth rates, market trends, and revenues from 2001 through 2005 are analyzed. Selected profiles highlight companies with products and medical services that are often promoted directly to consumers by corporate entities, free standing facilities, health organizations, hospitals, physicians, and specialists.
