Following on from a review of the history and financial fortunes of some of the largest aesthetic groups in our industry, including sk:n & therapie and Transform and The Private Clinic, Ron Myers (Co-founder of the Consulting Room) explores another important factor for clinic owners to be aware of.
As it's now been 35 years since the introduction of fillers and over 30 years since Botox was launched in the UK, Ron explores current growth rates and projections for these important market segments. Clinic owners should regularly assess whether market sectors that they operate in are experiencing strong growth or approaching maturity.
If growth slows in any segment, particularly in a competitive local landscape, you may have to be more realistic about growth rates for your clinic as it may rely more on capturing market share from competitors.
Click here to watch the 3.5 minute video "Is the Toxin and Filler Market Still Growing Worldwide?"