Cosmetic healthcare is now more accessible due to technological advancements and innovative financing. The global cosmetic surgery market is expected to grow significantly, reaching $73.22 billion by 2028. SBC Medical Group Holdings is well-positioned in this market, with the largest franchised clinic network in Japan and a 31% market share. SBC aims to tap into the underpenetrated market, targeting middle-aged individuals with services like laser hair removal and dermatology treatments. The company’s financial strength and strategic focus on innovation present a promising opportunity for investors.
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00:00Cosmetic healthcare is no longer exclusive to Hollywood elites.
00:05Technological advancements and innovative financing options have made aesthetic procedures
00:10more accessible to a wider audience, with the global cosmetic surgery market projected
00:15to grow at a KGR of 8.4 percent, reaching $73.22 billion by 2028.
00:23Companies like SBC Medical Group Holdings, Nasdaq, SBC, are well positioned to capitalize
00:29on this booming demand.
00:31SBC Medical Group boasts the largest franchised clinic network in Japan, holding a 31 percent
00:38market share across hundreds of clinics.
00:40Its clinics offer services ranging from laser hair removal to dermatology treatments.
00:45SBC's diversified revenue model, which includes management fees, procurement services and
00:51royalties, has fueled a 24 percent five-year revenue compound annual growth rate, 2018
00:58to 2023, far outpacing the industry average.
01:03The company isn't resting on its laurels.
01:05SBC recently entered a definitive agreement to acquire Singapore-based Aesthetic Healthcare
01:10Holdings, AHH, marking its first step toward international expansion.
01:16With clinics already in California and Vietnam, SBC plans to further its presence in the U.S.
01:21and Asia markets, leveraging Singapore as a regional hub.
01:26While the market is ripe for growth, penetration remains modest at around 10 percent.
01:31SBC sees an untapped opportunity to target middle-aged men and women seeking dermatology
01:37and cosmetic solutions, including hair loss treatments.
01:41Through initiatives like its RISE clinics, SBC is expanding laser hair removal and dermatology-focused services.
01:48SBC Medical's strategic focus on innovation and partnerships is bolstered by its strong
01:53financials, including consistent double-digit revenue growth and robust profit margins.
01:58For investors eyeing exposure to the growing cosmetic healthcare market, SBC offers an
02:03exciting opportunity to participate in this sector's rapid evolution.