PlanSplit Blog

The medical spa business is rapidly expanding and is now one of the most dynamic in the United States economy. The market was worth $13.82 billion in 2019, and experts predict that the number will increase to $47.14 billion by 2030. Understanding market trends enables med spa practices to serve more customers and boost revenue.

Even after more than a year, COVID-19 still threatens public health on a global scale, with intervention measures like quarantines, lockdowns, and social distancing causing mental health problems. 

The subscription business model is gaining popularity to secure a steady source of revenue for businesses. Leaders in different sectors, including finance, retail, automotive, utilities, and recreation, are becoming more confident about recurring revenue models. Subscription-based companies expand five times faster than typical firms. 70% of firms, according to a recent study, assume that membership and subscription models are essential for future development and expansion.

As a SaaS start-up, PlanSplit constantly evolves to meet our purpose: "To help cash-based health and wellness service providers increase patient compliance, loyalty, and monthly recurring revenue (MRR) without significant added work, while increasing value and convenience for people seeking care for their family, including pets".

From restaurant chains to hardware stores, major commercial chains confront barriers while striving to expand their businesses. Franchisers are often left with no option but close under-performing stores or chains. In addition to the shortage of funds, poor client compliance, loyalty, and commitment serve to play unfavorably against the desired growth and expansion. Despite obstacles, national chains such as The Joint are changing the market.

Most veterinary staff love their jobs. They love the animals, and they love making a difference in the lives of their furry patients.

Dental problems are pretty much standard. They are caused by several factors, including an unhealthy diet, harmful habits such as smoking, a lack of regular dental care, and stress.

Mental illness is a common issue today. Around 41.4 million adults in the U.S received mental health treatment or counseling in the previous year. Mental illness can range in severity from mild to severe.

The demand for a medical spa is increasing day by day. The global spa market is likely to grow at a CAGR of 12.1% during the forecast period from 2021 to 2028 and is expected to reach $117.9 billion by 2028.

The global trends show an increase in interest in health and wellness and indicate that this industry will continue to grow. The increasing health consciousness is one of the contributing factors. A decline in the national smoking rate and a rise in healthy food consumption are expected to support the increase in health consciousness..