Global Medical Wellness Market Growth (Status and Outlook) 2019-2024

$3,660

Wellness describes itself as complete physical mental and social well-being. It comprises all the components used to lead a healthy life. Wellness is multidirectional and constitutes social, emotional, physical, spiritual, intellectual and emotional wellbeing.

The classification of Medical Wellness includes Complementary and Alternative Medicine, Beauty Care and Anti-Aging, Preventative & Personalized Medicine and Public Health, Healthy Eating, Nutrition & Weight Loss, Rejuvenation and Other, and the proportion of Beauty Care and Anti-Aging in 2017 is about 24.4%.

Medical Wellness is widely sales through Franchise, Company Owned Outlets The most proportion of Medical Wellness is sales through Franchise, and the proportion in 2017 is 65.9%.

North America is the largest consumption place, with a consumption market share nearly 35.3% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 32.4%.

According to this study, over the next five years the Medical Wellness market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 5833800 million by 2024, from US$ 4549200 million in 2019. In particular, this report presents the global revenue market share of key companies in Medical Wellness business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Medical Wellness market by product type, application, key companies and key regions.

This study considers the Medical Wellness value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.

Complementary and Alternative Medicine

Beauty Care and Anti-Aging

Healthy Eating, Nutrition & Weight Loss

Rejuvenation

Other

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.

Franchise

Company Owned Outlets

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Spain

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Massage Envy

Steiner Leisure Limited

World Gym

Fitness World

Universal Companies

Beauty Farm

VLCC Wellness Center

Nanjing Zhaohui

Edge Systems LLC

HEALING HOTELS OF THE WORLD

Gold\'s Gym International

Bon Vital

Kaya Skin Clinic

The Body Holiday

Kayco Vivid

Arashiyu Japanese Foot Spa

Enrich Hair & Skin

WTS International

Biologique Recherche

Guardian Lifecare

Healthkart

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Medical Wellness market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of Medical Wellness market by identifying its various subsegments.

Focuses on the key global Medical Wellness players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Medical Wellness with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the size of Medical Wellness submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2019-2024 Global Medical Wellness Market Report (Status and Outlook)

1 Scope of the Report

1.1 Market Introduction

1.2 Research Objectives

1.3 Years Considered

1.4 Market Research Methodology

1.5 Economic Indicators

1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview

2.1.1 Global Medical Wellness Market Size 2014-2024

2.1.2 Medical Wellness Market Size CAGR by Region

2.2 Medical Wellness Segment by Type

2.2.1 Complementary and Alternative Medicine

2.2.2 Beauty Care and Anti-Aging

2.2.3 Preventative & Personalized Medicine and Public Health

2.2.4 Healthy Eating, Nutrition & Weight Loss

2.2.5 Rejuvenation

2.2.6 Other

2.3 Medical Wellness Market Size by Type

2.3.1 Global Medical Wellness Market Size Market Share by Type (2014-2019)

2.3.2 Global Medical Wellness Market Size Growth Rate by Type (2014-2019)

2.4 Medical Wellness Segment by Application

2.4.1 Franchise

2.4.2 Company Owned Outlets

2.5 Medical Wellness Market Size by Application

2.5.1 Global Medical Wellness Market Size Market Share by Application (2014-2019)

2.5.2 Global Medical Wellness Market Size Growth Rate by Application (2014-2019)

3 Global Medical Wellness by Players

3.1 Global Medical Wellness Market Size Market Share by Players

3.1.1 Global Medical Wellness Market Size by Players (2017-2019)

3.1.2 Global Medical Wellness Market Size Market Share by Players (2017-2019)

3.2 Global Medical Wellness Key Players Head office and Products Offered

3.3 Market Concentration Rate Analysis

3.3.1 Competition Landscape Analysis

3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)

3.4 New Products and Potential Entrants

3.5 Mergers & Acquisitions, Expansion

4 Medical Wellness by Regions

4.1 Medical Wellness Market Size by Regions

4.2 Americas Medical Wellness Market Size Growth

4.3 APAC Medical Wellness Market Size Growth

4.4 Europe Medical Wellness Market Size Growth

4.5 Middle East & Africa Medical Wellness Market Size Growth

5 Americas

5.1 Americas Medical Wellness Market Size by Countries

5.2 Americas Medical Wellness Market Size by Type

5.3 Americas Medical Wellness Market Size by Application

5.4 United States

5.5 Canada

5.6 Mexico

5.7 Key Economic Indicators of Few Americas Countries

6 APAC

6.1 APAC Medical Wellness Market Size by Countries

6.2 APAC Medical Wellness Market Size by Type

6.3 APAC Medical Wellness Market Size by Application

6.4 China

6.5 Japan

6.6 Korea

6.7 Southeast Asia

6.8 India

6.9 Australia

6.10 Key Economic Indicators of Few APAC Countries

7 Europe

7.1 Europe Medical Wellness by Countries

7.2 Europe Medical Wellness Market Size by Type

7.3 Europe Medical Wellness Market Size by Application

7.4 Germany

7.5 France

7.6 UK

7.7 Italy

7.8 Russia

7.9 Spain

7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa

8.1 Middle East & Africa Medical Wellness by Countries

8.2 Middle East & Africa Medical Wellness Market Size by Type

8.3 Middle East & Africa Medical Wellness Market Size by Application

8.4 Egypt

8.5 South Africa

8.6 Israel

8.7 Turkey

8.8 GCC Countries

9 Market Drivers, Challenges and Trends

9.1 Market Drivers and Impact

9.1.1 Growing Demand from Key Regions

9.1.2 Growing Demand from Key Applications and Potential Industries

9.2 Market Challenges and Impact

9.3 Market Trends

10 Global Medical Wellness Market Forecast

10.1 Global Medical Wellness Market Size Forecast (2019-2024)

10.2 Global Medical Wellness Forecast by Regions

10.2.1 Global Medical Wellness Forecast by Regions (2019-2024)

10.2.2 Americas Market Forecast

10.2.3 APAC Market Forecast

10.2.4 Europe Market Forecast

10.2.5 Middle East & Africa Market Forecast

10.3 Americas Forecast by Countries

10.3.1 United States Market Forecast

10.3.2 Canada Market Forecast

10.3.3 Mexico Market Forecast

10.3.4 Brazil Market Forecast

10.4 APAC Forecast by Countries

10.4.1 China Market Forecast

10.4.2 Japan Market Forecast

10.4.3 Korea Market Forecast

10.4.4 Southeast Asia Market Forecast

10.4.5 India Market Forecast

10.4.6 Australia Market Forecast

10.5 Europe Forecast by Countries

10.5.1 Germany Market Forecast

10.5.2 France Market Forecast

10.5.3 UK Market Forecast

10.5.4 Italy Market Forecast

10.5.5 Russia Market Forecast

10.5.6 Spain Market Forecast

10.6 Middle East & Africa Forecast by Countries

10.6.1 Egypt Market Forecast

10.6.2 South Africa Market Forecast

10.6.3 Israel Market Forecast

10.6.4 Turkey Market Forecast

10.6.5 GCC Countries Market Forecast

10.7 Global Medical Wellness Forecast by Type

10.8 Global Medical Wellness Forecast by Application

11 Key Players Analysis

11.1 Massage Envy

11.1.1 Company Details

11.1.2 Medical Wellness Product Offered

11.1.3 Massage Envy Medical Wellness Revenue, Gross Margin and Market Share (2017-2019)

11.1.4 Main Business Overview

11.1.5 Massage Envy News

11.2 Steiner Leisure Limited

11.2.1 Company Details

11.2.2 Medical Wellness Product Offered

11.2.3 Steiner Leisure Limited Medical Wellness Revenue, Gross Margin and Market Share (2017-2019)

11.2.4 Main Business Overview

11.2.5 Steiner Leisure Limited News

11.3 World Gym

11.3.1 Company Details

11.3.2 Medical Wellness Product Offered

11.3.3 World Gym Medical Wellness Revenue, Gross Margin and Market Share (2017-2019)

11.3.4 Main Business Overview

11.3.5 World Gym News

11.4 Fitness World

11.4.1 Company Details

11.4.2 Medical Wellness Product Offered

11.4.3 Fitness World Medical Wellness Revenue, Gross Margin and Market Share (2017-2019)

11.4.4 Main Business Overview

11.4.5 Fitness World News

11.5 Universal Companies

11.5.1 Company Details

11.5.2 Medical Wellness Product Offered

11.5.3 Universal Companies Medical Wellness Revenue, Gross Margin and Market Share (2017-2019)

11.5.4 Main Business Overview

11.5.5 Universal Companies News

11.6 Beauty Farm

11.6.1 Company Details

11.6.2 Medical Wellness Product Offered

11.6.3 Beauty Farm Medical Wellness Revenue, Gross Margin and Market Share (2017-2019)

11.6.4 Main Business Overview

11.6.5 Beauty Farm News

11.7 VLCC Wellness Center

11.7.1 Company Details

11.7.2 Medical Wellness Product Offered

11.7.3 VLCC Wellness Center Medical Wellness Revenue, Gross Margin and Market Share (2017-2019)

11.7.4 Main Business Overview

11.7.5 VLCC Wellness Center News

11.8 Nanjing Zhaohui

11.8.1 Company Details

11.8.2 Medical Wellness Product Offered

11.8.3 Nanjing Zhaohui Medical Wellness Revenue, Gross Margin and Market Share (2017-2019)

11.8.4 Main Business Overview

11.8.5 Nanjing Zhaohui News

11.9 Edge Systems LLC

11.9.1 Company Details

11.9.2 Medical Wellness Product Offered

11.9.3 Edge Systems LLC Medical Wellness Revenue, Gross Margin and Market Share (2017-2019)

11.9.4 Main Business Overview

11.9.5 Edge Systems LLC News

11.10 HEALING HOTELS OF THE WORLD

11.10.1 Company Details

11.10.2 Medical Wellness Product Offered

11.10.3 HEALING HOTELS OF THE WORLD Medical Wellness Revenue, Gross Margin and Market Share (2017-2019)

11.10.4 Main Business Overview

11.10.5 HEALING HOTELS OF THE WORLD News

11.11 Gold\'s Gym International

11.12 Bon Vital

11.13 Kaya Skin Clinic

11.14 The Body Holiday

11.15 Kayco Vivid

11.16 Arashiyu Japanese Foot Spa

11.17 Enrich Hair & Skin

11.18 WTS International

11.19 Biologique Recherche

11.20 Guardian Lifecare

11.21 Healthkart

12 Research Findings and Conclusion


List of Tables and Figures

Table Product Specifications of Medical Wellness

Figure Medical Wellness Report Years Considered

Figure Market Research Methodology

Figure Global Medical Wellness Market Size Growth Rate 2014-2024 ($ Millions)

Table Medical Wellness Market Size CAGR by Region 2014-2024 ($ Millions)

Table Major Players of Complementary and Alternative Medicine

Table Major Players of Beauty Care and Anti-Aging

Table Major Players of Preventative & Personalized Medicine and Public Health

Table Major Players of Healthy Eating, Nutrition & Weight Loss

Table Major Players of Rejuvenation

Table Major Players of Other

Table Market Size by Type (2014-2019) ($ Millions)

Table Global Medical Wellness Market Size Market Share by Type (2014-2019)

Figure Global Medical Wellness Market Size Market Share by Type (2014-2019)

Figure Global Complementary and Alternative Medicine Market Size Growth Rate

Figure Global Beauty Care and Anti-Aging Market Size Growth Rate

Figure Global Preventative & Personalized Medicine and Public Health Market Size Growth Rate

Figure Global Healthy Eating, Nutrition & Weight Loss Market Size Growth Rate

Figure Global Rejuvenation Market Size Growth Rate

Figure Global Other Market Size Growth Rate

Figure Medical Wellness Consumed in Franchise

Figure Global Medical Wellness Market: Franchise (2014-2019) ($ Millions)

Figure Global Franchise YoY Growth ($ Millions)

Figure Medical Wellness Consumed in Company Owned Outlets

Figure Global Medical Wellness Market: Company Owned Outlets (2014-2019) ($ Millions)

Figure Global Company Owned Outlets YoY Growth ($ Millions)

Table Global Medical Wellness Market Size by Application (2014-2019) ($ Millions)

Table Global Medical Wellness Market Size Market Share by Application (2014-2019)

Figure Global Medical Wellness Market Size Market Share by Application (2014-2019)

Figure Global Medical Wellness Market Size in Franchise Growth Rate

Figure Global Medical Wellness Market Size in Company Owned Outlets Growth Rate

Table Global Medical Wellness Revenue by Players (2017-2019) ($ Millions)

Table Global Medical Wellness Revenue Market Share by Players (2017-2019)

Figure Global Medical Wellness Revenue Market Share by Players in 2018

Table Global Medical Wellness Key Players Head office and Products Offered

Table Medical Wellness Concentration Ratio (CR3, CR5 and CR10) (2017-2019)

Table Global Medical Wellness Market Size by Regions 2014-2019 ($ Millions)

Table Global Medical Wellness Market Size Market Share by Regions 2014-2019

Figure Global Medical Wellness Market Size Market Share by Regions 2014-2019

Figure Americas Medical Wellness Market Size 2014-2019 ($ Millions)

Figure APAC Medical Wellness Market Size 2014-2019 ($ Millions)

Figure Europe Medical Wellness Market Size 2014-2019 ($ Millions)

Figure Middle East & Africa Medical Wellness Market Size 2014-2019 ($ Millions)

Table Americas Medical Wellness Market Size by Countries (2014-2019) ($ Millions)

Table Americas Medical Wellness Market Size Market Share by Countries (2014-2019)

Figure Americas Medical Wellness Market Size Market Share by Countries in 2018

Table Americas Medical Wellness Market Size by Type (2014-2019) ($ Millions)

Table Americas Medical Wellness Market Size Market Share by Type (2014-2019)

Figure Americas Medical Wellness Market Size Market Share by Type in 2018

Table Americas Medical Wellness Market Size by Application (2014-2019) ($ Millions)

Table Americas Medical Wellness Market Size Market Share by Application (2014-2019)

Figure Americas Medical Wellness Market Size Market Share by Application in 2018

Figure United States Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure Canada Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure Mexico Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Table APAC Medical Wellness Market Size by Countries (2014-2019) ($ Millions)

Table APAC Medical Wellness Market Size Market Share by Countries (2014-2019)

Figure APAC Medical Wellness Market Size Market Share by Countries in 2018

Table APAC Medical Wellness Market Size by Type (2014-2019) ($ Millions)

Table APAC Medical Wellness Market Size Market Share by Type (2014-2019)

Figure APAC Medical Wellness Market Size Market Share by Type in 2018

Table APAC Medical Wellness Market Size by Application (2014-2019) ($ Millions)

Table APAC Medical Wellness Market Size Market Share by Application (2014-2019)

Figure APAC Medical Wellness Market Size Market Share by Application in 2018

Figure China Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure Japan Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure Korea Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure Southeast Asia Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure India Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure Australia Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Table Europe Medical Wellness Market Size by Countries (2014-2019) ($ Millions)

Table Europe Medical Wellness Market Size Market Share by Countries (2014-2019)

Figure Europe Medical Wellness Market Size Market Share by Countries in 2018

Table Europe Medical Wellness Market Size by Type (2014-2019) ($ Millions)

Table Europe Medical Wellness Market Size Market Share by Type (2014-2019)

Figure Europe Medical Wellness Market Size Market Share by Type in 2018

Table Europe Medical Wellness Market Size by Application (2014-2019) ($ Millions)

Table Europe Medical Wellness Market Size Market Share by Application (2014-2019)

Figure Europe Medical Wellness Market Size Market Share by Application in 2018

Figure Germany Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure France Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure UK Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure Italy Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure Russia Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure Spain Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Table Middle East & Africa Medical Wellness Market Size by Countries (2014-2019) ($ Millions)

Table Middle East & Africa Medical Wellness Market Size Market Share by Countries (2014-2019)

Figure Middle East & Africa Medical Wellness Market Size Market Share by Countries in 2018

Table Middle East & Africa Medical Wellness Market Size by Type (2014-2019) ($ Millions)

Table Middle East & Africa Medical Wellness Market Size Market Share by Type (2014-2019)

Figure Middle East & Africa Medical Wellness Market Size Market Share by Type in 2018

Table Middle East & Africa Medical Wellness Market Size by Application (2014-2019) ($ Millions)

Table Middle East & Africa Medical Wellness Market Size Market Share by Application (2014-2019)

Figure Middle East & Africa Medical Wellness Market Size Market Share by Application in 2018

Figure Egypt Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure South Africa Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure Israel Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure Turkey Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure GCC Countries Medical Wellness Market Size Growth 2014-2019 ($ Millions)

Figure Global Medical Wellness arket Size Forecast (2019-2024) ($ Millions)

Table Global Medical Wellness Market Size Forecast by Regions (2019-2024) ($ Millions)

Table Global Medical Wellness Market Size Market Share Forecast by Regions

Figure Americas Medical Wellness Market Size 2019-2024 ($ Millions)

Figure APAC Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Europe Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Middle East & Africa Medical Wellness Market Size 2019-2024 ($ Millions)

Figure United States Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Canada Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Mexico Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Brazil Medical Wellness Market Size 2019-2024 ($ Millions)

Figure China Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Japan Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Korea Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Southeast Asia Medical Wellness Market Size 2019-2024 ($ Millions)

Figure India Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Australia Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Germany Medical Wellness Market Size 2019-2024 ($ Millions)

Figure France Medical Wellness Market Size 2019-2024 ($ Millions)

Figure UK Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Italy Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Russia Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Spain Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Egypt Medical Wellness Market Size 2019-2024 ($ Millions)

Figure South Africa Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Israel Medical Wellness Market Size 2019-2024 ($ Millions)

Figure Turkey Medical Wellness Market Size 2019-2024 ($ Millions)

Figure GCC Countries Medical Wellness Market Size 2019-2024 ($ Millions)

Table Global Medical Wellness Market Size Forecast by Type (2019-2024) ($ Millions)

Table Global Medical Wellness Market Size Market Share Forecast by Type (2019-2024)

Table Global Medical Wellness Market Size Forecast by Application (2019-2024) ($ Millions)

Table Global Medical Wellness Market Size Market Share Forecast by Application (2019-2024)

Table Massage Envy Basic Information, Head Office, Major Market Areas and Its Competitors

Table Massage Envy Medical Wellness Revenue and Gross Margin (2017-2019)

Figure Massage Envy Medical Wellness Market Share (2017-2019)

Table Steiner Leisure Limited Basic Information, Head Office, Major Market Areas and Its Competitors

Table Steiner Leisure Limited Medical Wellness Revenue and Gross Margin (2017-2019)

Figure Steiner Leisure Limited Medical Wellness Market Share (2017-2019)

Table World Gym Basic Information, Head Office, Major Market Areas and Its Competitors

Table World Gym Medical Wellness Revenue and Gross Margin (2017-2019)

Figure World Gym Medical Wellness Market Share (2017-2019)

Table Fitness World Basic Information, Head Office, Major Market Areas and Its Competitors

Table Fitness World Medical Wellness Revenue and Gross Margin (2017-2019)

Figure Fitness World Medical Wellness Market Share (2017-2019)

Table Universal Companies Basic Information, Head Office, Major Market Areas and Its Competitors

Table Universal Companies Medical Wellness Revenue and Gross Margin (2017-2019)

Figure Universal Companies Medical Wellness Market Share (2017-2019)

Table Beauty Farm Basic Information, Head Office, Major Market Areas and Its Competitors

Table Beauty Farm Medical Wellness Revenue and Gross Margin (2017-2019)

Figure Beauty Farm Medical Wellness Market Share (2017-2019)

Table VLCC Wellness Center Basic Information, Head Office, Major Market Areas and Its Competitors

Table VLCC Wellness Center Medical Wellness Revenue and Gross Margin (2017-2019)

Figure VLCC Wellness Center Medical Wellness Market Share (2017-2019)

Table Nanjing Zhaohui Basic Information, Head Office, Major Market Areas and Its Competitors

Table Nanjing Zhaohui Medical Wellness Revenue and Gross Margin (2017-2019)

Figure Nanjing Zhaohui Medical Wellness Market Share (2017-2019)

Table Edge Systems LLC Basic Information, Head Office, Major Market Areas and Its Competitors

Table Edge Systems LLC Medical Wellness Revenue and Gross Margin (2017-2019)

Figure Edge Systems LLC Medical Wellness Market Share (2017-2019)

Table HEALING HOTELS OF THE WORLD Basic Information, Head Office, Major Market Areas and Its Competitors

Table HEALING HOTELS OF THE WORLD Medical Wellness Revenue and Gross Margin (2017-2019)

Figure HEALING HOTELS OF THE WORLD Medical Wellness Market Share (2017-2019)

Table Gold\'s Gym International Basic Information, Head Office, Major Market Areas and Its Competitors

Table Bon Vital Basic Information, Head Office, Major Market Areas and Its Competitors

Table Kaya Skin Clinic Basic Information, Head Office, Major Market Areas and Its Competitors

Table The Body Holiday Basic Information, Head Office, Major Market Areas and Its Competitors

Table Kayco Vivid Basic Information, Head Office, Major Market Areas and Its Competitors

Table Arashiyu Japanese Foot Spa Basic Information, Head Office, Major Market Areas and Its Competitors

Table Enrich Hair & Skin Basic Information, Head Office, Major Market Areas and Its Competitors

Table WTS International Basic Information, Head Office, Major Market Areas and Its Competitors

Table Biologique Recherche Basic Information, Head Office, Major Market Areas and Its Competitors

Table Guardian Lifecare Basic Information, Head Office, Major Market Areas and Its Competitors

Table Healthkart Basic Information, Head Office, Major Market Areas and Its Competitors

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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