Teres Medical Group

What Teres Medical Group does

Teres Medical Group is a Norwegian for-profit operator of plastic surgery and aesthetic medical clinics, founded in 2007 and headquartered in Oslo, with an employee base of 251–500. The company positions itself as a full-service aesthetic provider offering classical plastic surgery (liposuction, rhinoplasty, abdominoplasty, breast surgery for men and women) alongside non-surgical treatments such as cryolipolysis (fat freezing), laser-based fat removal, and facial treatments. Beyond its owned Norway operations, Teres maintains a partnership with a certified clinic in Turkey that enables medical-tourism packages combining treatment with luxury-resort recovery, shorter waiting times, and price advantages relative to Norwegian rates; Teres coordinates logistics and continues to provide follow-up care in Norway after patients return. Go-to-market is direct-to-consumer via a Norwegian-language website (teres.no), WhatsApp-based direct communication, email inquiries, and educational blog content. The company also operates a consumer-product e-commerce storefront selling hair care and wellness supplements priced between 215 NOK and 635 NOK, treated as an add-on rather than a primary line. Pricing for medical services is not publicly itemized; the firm offers a free initial consultation, advertises VAT-free medical treatments, and relies on word-of-mouth and testimonial-driven conversion. Ownership, founder identity, and institutional investor composition are not disclosed in the available source material, and no revenue, funding-history beyond a 2007 FSN Capital event, or audited financials are provided. Customer concentration is structurally low given an individual-consumer model; the primary commercial risks are regulatory changes around medical-tourism marketing, reputational exposure from surgical outcomes, and competitive pressure from both Norwegian and low-cost international clinics.

Name

Teres Medical Group

Legal name

Teres

Website

https://teres.no

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

251–500 employees

Short description

Teres Medical Group is a Norwegian private plastic surgery and aesthetic clinic chain offering surgical and non-surgical treatments, serving individual consumers in Norway through its owned clinic and a partner clinic in Turkey for medical tourism.

Ownership category

akta.pro rank

Product category

Plastic Surgery Services

NAICS

Offices of Physicians (except Mental Health Specialists) (621111), General Medical and Surgical Hospitals (6221)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-General Medical & Surgical Hospitals, Nec (8062)

akta.pro primary industry

Plastics / Cosmetic & Dermatologic Surgery Centers (HLAFAIAK)

akta.pro secondary industry

Cosmetic & Plastic Surgery Tourism Agencies (THAKAIAD)

Keywords

• Plastic surgery services
• Aesthetic medical treatments
• Cosmetic surgery
• Non-surgical aesthetics
• Medical tourism

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Surgical Plastic Surgery Services: Revenue from surgical procedures including liposuction, rhinoplasty, abdominoplasty, breast surgery. These are one-time procedures with lasting results as fat cells do not return to treated areas.
2. Non-Surgical Aesthetic Treatments: Treatments without surgery including facial treatments and fat freezing procedures. Provides alternative for customers seeking less invasive options.
3. Medical Tourism - Turkey Partnership: Combined treatment packages in Turkey with partner clinic, including recovery stays at luxury resorts. Revenue from facilitating international medical tourism.
4. Product Sales: Sale of skincare, hair care, supplements, and beauty products through e-commerce platform. Products include hair vitamins, shampoos, conditioners, and wellness supplements.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Teres Medical Group operates a full-service plastic surgery clinic offering surgical procedures including liposuction, rhinoplasty, abdominoplasty (tummy tuck), and breast surgery, alongside non-surgical alternatives such as facial treatments and cryolipolysis fat freezing. The company delivers care through its Norway clinic and a certified partner clinic in Turkey, with the Turkey option combining treatment with luxury resort recovery stays. It also sells supporting skincare, hair care, and nutritional supplement products via an e-commerce storefront.

Product overview

Teres Medical Group operates as a full-service plastic surgery clinic offering a comprehensive portfolio of treatments both surgical and non-surgical. Their core offerings include: (1) Plastic surgery services with top treatments being liposuction/fat removal (ranked #1), nose surgery (#2), tummy tuck/body contouring (#3), and breast surgery for men and women (#4); (2) A collaborative partner clinic in Turkey offering combined treatment-vacation packages at competitive prices with shorter wait times; (3) Non-surgical alternatives including facial treatments and fat freezing/cryotherapy. The company also operates an e-commerce store selling hair care products (vitamins, conditioners, shampoo bundles) and wellness supplements (magnesium, Reishi, Chaga extracts) as add-on products to complement their medical treatments.

Differentiator

Problem solved

Functional benefit

Products and services

• Plastic Surgery Services (Plastikkirurgi) Full-service offering of all major plastic surgery procedures including liposuction (#1 ranked treatment), rhinoplasty (#2), abdominoplasty/body contouring (#3), and breast surgery for men and women (#4). Targeted at Norwegian and international patients seeking body contouring, facial corrections, and aesthetic surgical enhancements.
• Liposuction / Fat Removal (Fettsuging) Fat removal procedure offered using classic plastic surgery methods as well as newer techniques including laser and cold/cryolipolysis treatments. Permanent results as fat cells do not return to treated areas. For patients seeking body contouring.
• Rhinoplasty / Nose Surgery (Neseplastikk) Nose reshaping surgery with realistic prognosis for appearance outcomes and recovery time. Performed at the Norway clinic and through the certified partner clinic in Turkey, including for medical indications such as breathing obstruction.
• Plastic Surgery in Turkey (Plastikkirurgi Tyrkia) Medical tourism service delivering plastic surgery procedures through a certified partner clinic in Turkey with Norwegian/English-speaking healthcare personnel, shorter wait times, and competitive pricing. Combined treatment-vacation packages with luxury resort recovery accommodations, airport transfers in both countries, and ongoing follow-up care in Norway after returning home.
• Non-Surgical Aesthetic Treatments Non-invasive aesthetic services including facial treatments and cryolipolysis (fat freezing) procedures providing alternatives for patients seeking body contouring without surgery. For patients preferring less invasive options.
• Hair Rejuvenation Vitamins Hair supplement product supporting hair rejuvenation regimen, sold at 320 NOK per unit through the company's online store.
• Hair Rejuvenation Conditioner Hair conditioning product supporting the hair rejuvenation regimen, sold at 320 NOK per unit through the company's online store.
• Reishi + Chaga Bundle Combined Reishi and Chaga mushroom supplement bundle sold at 635 NOK through the company's online store.
• Magnesium Master of Minerals Magnesium supplement sold at 215 NOK through the company's online store.
• Organic Chaga Extract Organic Chaga mushroom extract supplement sold at 320 NOK through the company's online store.

Quantifiable outcome

• Fat cells do not return to treated areas with surgical fat removal

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Turkey Partner CliniccoreChannel Partner/ Reseller/ DistributorCertified partner clinic in Turkey providing plastic surgery services with shorter waiting times and competitive pricing. Healthcare staff speaks Norwegian and English. Offers combined treatment packages with luxury resort accommodations for recovery. Teres facilitates logistics including airport transfers in both countries and provides ongoing follow-up care when patients return to Norway.

Scale indicators2 records

Recent moves3 records

Expansion highlights4 records

Direct peers

• Aleris: Aleris is one of Norway's largest private healthcare providers with multiple clinics offering plastic surgery, orthopedics, and other specialties. It directly competes with Teres for the same Norwegian self-pay cosmetic-surgery patient base.
• Volvat: Volvat is a leading Norwegian private hospital and clinic group offering a wide range of specialties including plastic and cosmetic surgery, competing head-to-head with Teres in the Oslo and national markets.
• Fornebuklinikken: Fornebuklinikken is a specialist Norwegian cosmetic and plastic surgery clinic near Oslo, offering many of the same procedures (liposuction, rhinoplasty, breast surgery) as Teres, making it a close same-category competitor.
• Privatklinikken (Oslo): Privatklinikken is a Norwegian private clinic offering plastic surgery and aesthetic treatments, directly comparable to Teres in service mix and target patient segment.
• Klinikk Hausken: Klinikk Hausken is a Norwegian fertility and aesthetic clinic group that overlaps with Teres in elective, self-pay procedures and competes for Norwegian patients seeking cosmetic treatments.

Regional players

• Memira: Memira is a Nordic chain specializing in eye and refractive surgery; it shares Teres's Scandinavian elective-procedure clinic model and self-pay patient acquisition approach, though it focuses on vision correction rather than aesthetic surgery.

Broad incumbents

• Transform Hospital Group: Transform is a long-established UK cosmetic surgery chain offering liposuction, rhinoplasty, breast surgery and non-surgical aesthetics — directly comparable to Teres's core menu and competitive dynamics for elective cosmetic procedures.
• The Private Clinic: The Private Clinic is a UK cosmetic and minimally-invasive surgery group with a similar surgical-plus-non-surgical offering to Teres, serving as a comparable reference point for clinic economics and patient LTV.

Emerging players

• Estetik International: Estetik International is a major Turkish cosmetic surgery hospital group. It is directly comparable to Teres's Turkey partner clinic and represents the medical-tourism end of Teres's cross-border model.

Others

• Medigo: Medigo is a medical-tourism facilitator platform. It is comparable to the medical-tourism channel arm of Teres (Norway–Turkey cross-border package offering), and a potential partner or competitor in facilitating cross-border cosmetic procedures.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/teres-medical-group-as

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Teres Medical Group