Competition in medical spa market favors doctors

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Genesis Cosmetic Surgery and Laser Center / St Louis Medical Spa / Missouri MedSpa

 

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Healthy competition continues to heat up the medical spa market as more players are offering services ranging from cosmetic fillers like Botox to weight reduction procedures such as Lipodissolve.

 

“The local market has gotten tighter for nonsurgical services,” said Dr. Tim Jones, owner and founder of Genesis Cosmetic Surgery and Laser Center.

 

Some players are already being knocked out. Fig. is preparing to file for bankruptcy, and Aeterna Medical Spa, which operated four area spas, closed earlier this year.

 

 

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