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Med SPA Practice Management Digital Solutions “Cloud-Based & HIPAA-Compliant”

One-Stop Digital Solutions for the Med SPA Industry

About DigiMEDSPA

DigiMEDSPA combines decades of expertise in software development, supply chain management, telecommunications, sales, marketing, and electronic medical records to provide Med SPA practitioners with a proprietary, all-in-one Software-as-a-Service (SaaS) platform. Our state-of-the-art, HIPAA-compliant cloud-based solutions include EMR software with integrated features such as e-Prescribing, inventory tracking, online booking, and TeleHEALTH. Additionally, we offer ADA-compliant website design and hosting, e-Commerce integration, lead generation through our proprietary DigiMEDSPA Directory Listings, eMarket access for pharmaceutical products and medical supplies, and DigiMEDSPA CONNECT ™, for fostering partnerships with medical directors and practitioners. Unified communication tools further simplify interactions.

Our Bundled Digital Solutions are designed to streamline your operations by consolidating essential tools into a single platform. This not only reduces costs and patient acquisition expenses but also enhances productivity through advanced staff management and performance-tracking tools. By eliminating the need to juggle multiple vendors, DigiMEDSPA enables you to manage your entire practice efficiently from a single portal, allowing you to focus on delivering exceptional patient care and growing your business.

What makes DigiMEDSPA a Compelling Investment Opportunity?

The Med SPA industry is experiencing unprecedented growth, driven by increasing consumer demand for personalized beauty and wellness services. DigiMEDSPA positions itself as a key player in this evolving landscape, providing tailored digital solutions to empower Med SPA practices that revolutionize operations, enhance patient engagement, and amplify online visibility. Investing in DigiMEDSPA means being part of a dynamic ecosystem poised for growth. We are dedicated to continuous innovation, expanding our offerings, and maintaining our position as a leader in driving positive change within the Med SPA industry.

Med SPA Market Study

An in-depth exploration of the vast potential within the Med SPA industry.

Current Landscape

The field of Medical SPAs is currently at its zenith. Originating in the 1990s, the popularity of Med SPAs and their services has surged significantly over the past decade.

Total Addressable Market (TAM)

The Total Addressable Market (TAM) of the Global Medical SPA Market size reached a value of USD 16.3 billion in 2022 and is expected to grow to USD 63.4 billion by 2032, registering a CAGR of 14.7% from 2023 to 2032. The US contributes the most to the global market, with USD 5.6 billion. The demand for Med SPA services is expected to rise steadily, indicating that the industry's value will double within this decade.

Digital Integration

Integrating technology within the Med SPA sector is a key driver of market potential. This is evident in using Electronic Medical Records (EMR) and TeleHEALTH platforms, which make patient record management and assessment processes more efficient and accurate. DigiMEDSPA, as a leader in digital solutions, aligns perfectly with this trend. Statista reports that revenue in the digital health market is projected to reach USD 44.45 billion in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2028) of 8.54%, resulting in a projected market volume of USD 66.96 billion by 2028.

The Med SPA industry is not just a market; it's a dynamic ecosystem with immense potential for innovation, growth, and investment returns. DigiMEDSPA is strategically positioned to capitalize on this potential, offering comprehensive digital solutions to shape the future of beauty and wellness.

Serviceable Available Market (SAM)

We are offering services to both the US and Canadian Med SPA markets, as North America secured the largest share of the Medical SPA market in 2022, accounting for more than 39% of the overall market size. According to reports estimates, the North American Med SPA market had total revenues of USD 6.36 billion in 2022, expected to reach USD 25.07 billion by 2032, registering a CAGR of 14.7% from 2023 to 2032. There are a total of 25,983 Medical SPAs in the United States and a total of 4,142 Medical SPAs in Canada as of September 24, 2023. This figure is expected to grow significantly each year per TAM data and figures provided in the section above.

Serviceable Obtainable Market (SOM)

DigiMEDSPA aims to capture a significant market share within this booming Med SPA industry in the USA and Canadian markets. With our strategic expansion plans and innovative solutions, we anticipate substantial growth, targeting a SOM of at least 30% from SAM figures within the 6 years by 2029.

Trends and Consumer Demand

Studies show a significant shift in consumer preferences that drives market expansion:

1- Growing Demand for Non-Invasive Procedures: People are increasingly opting for non-invasive treatments because of the advancements in technology that have made them more effective.

2- Self-Care and Wellness: The trend towards self-care and wellness has also influenced this shift, with more people choosing treatments that not only improve appearance but also promote overall well-being.

3- Influence of Social Media: Social media platforms such as Instagram and TikTok have played a significant role in the popularity of these esthetic treatments, with influencers showcasing their benefits to their followers.

Company Contact

Adam Kiai
CoFounder/CEO

Investor Relations