Association (AmSpa), the medical spa industry has been growing steadily since 2010, and it is set to keep expanding this year, Here are tips on how to profit on the market’s expansion in 2018.
OPERATE INSIDE THE LINES
In 2017, regulatory enforcement increased throughout the country. State boards began pursuing those who they perceive to be bad actors with enthusiasm they hadn’t shown in the past. This almost certainly will continue in 2018, so if you or your medical spa is not compliant with national, state, and local regulations, you should address this immediately.
MARCH TO THE TUNE OF PROGRESS
This past year, more startups entered the medical aesthetic industry than in any other year in recent history. These entrepreneurs and companies are creating innovative products and offering useful services the industry hasn’t had before. In 2018, more new people and companies will enter the marketplace backed with money, fanfare, and marketing power. Consider this an opportunity to learn about products and services from new players in the market.