Market Overview:
South Korea cosmetic surgery market size is projected to exhibit a growth rate (CAGR) of 11.70% during 2024-2032. The rising awareness among the masses about the importance of physical appearance, a continuous increase in medical tourism, and ongoing advancements in cosmetic surgery techniques and equipment represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
11.70% |
Cosmetic surgery is a branch of medical science that focuses on enhancing the physical appearance of a person through surgical procedures. It encompasses a wide range of procedures, such as facelifts, breast augmentation, liposuction, and rhinoplasty. It can boost self-esteem and confidence by addressing physical concerns that cause insecurity. It allows individuals to achieve the desired look and correct issues, such as wrinkles, sagging skin, or disproportional features. It also offers procedures like breast reduction or augmentation and facial feminization surgery. Besides this, as it can offer unexpected health benefits, the demand for cosmetic surgery is increasing in South Korea.
South Korea Cosmetic Surgery Market Trends:
The rising awareness among the masses about the importance of physical appearance is driving the demand for cosmetic surgery procedures across South Korea. Additionally, the presence of clinics and hospitals equipped with state-of-the-art facilities ensure high-quality surgical procedures and outcomes, thereby attracting a wider consumer base. Along with this, a continuous rise in medical tourism is strengthening the growth of the market in the country. South Korea offers competitive pricing for cosmetic surgeries as compared to many Western countries. The affordability, coupled with the availability of financing options, is making cosmetic procedures accessible to a wider demographic. Apart from this, the growing trend of minimally invasive (MI) cosmetic procedures is offering a favorable market outlook. These include non-surgical treatments like Botox, dermal fillers, and thread lifts. Furthermore, governing authorities in the country are actively promoting medical tourism by streamlining visa processes and providing support to medical facilities. This is attracting a huge influx of international patients seeking cosmetic treatments. Moreover, ongoing advancements in cosmetic surgery techniques and equipment are ensuring safer, more precise, and less invasive procedures. In line with this, the escalating demand for treatments like male jawline contouring, hair transplantation, and body sculpting among men is strengthening the growth of the market. In addition, continuous investments by governing bodies in South Korea to develop a robust medical tourism infrastructure, including international patient services, translation support, and accommodation facilities, are making it easier for foreign patients to access cosmetic surgery services. In addition, the increasing prevalence of obesity is encouraging individuals to celebrate achieving their target goals through cosmetic surgery. Moreover, surgeons in South Korea are focusing on the development of individualized treatment plans, considering the unique facial features and goals of patients. This personalized approach enhances patient satisfaction and encourages word-of-mouth referrals.
South Korea Cosmetic Surgery Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on procedure, gender, age group, and end user.
Procedure Insights:
![south korea cosmetic surgery market](https://www.imarcgroup.com/CKEditor/8d737b3b-59e1-4a89-b559-93736aef534eother-regions1.webp)
- Surgical Procedures
- Breast Augmentation
- Liposuction
- Eyelid Surgery
- Abdominoplasty
- Rhinoplasty
- Others
- Non-Surgical Procedures
- Botulinum Toxin
- Hyaluronic Acid
- Hair Removal
- Nonsurgical Fat Reduction
- Photo Rejuvenation
- Others
The report has provided a detailed breakup and analysis of the market based on the procedure. This includes surgical procedures (breast augmentation, liposuction, eyelid surgery, abdominoplasty, rhinoplasty, and others) and non-surgical procedures (botulinum toxin, hyaluronic acid, hair removal, nonsurgical fat reduction, photo rejuvenation, and others).
Gender Insights:
A detailed breakup and analysis of the market based on the gender have also been provided in the report. This includes female and male.
Age Group Insights:
- 13 to 29
- 30 to 54
- 55 and Above
The report has provided a detailed breakup and analysis of the market based on the age group. This includes 13 to 29, 30 to 54, and 55 and above.
End User Insights:
- Ambulatory Surgical Facility
- Hospitals and Clinics
- Others
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes ambulatory surgical facility, hospitals and clinics, and others.
Regional Insights:
![south korea cosmetic surgery market by Region](https://www.imarcgroup.com/CKEditor/179c025d-57a3-43f6-8a17-5e7f27162ca1other-regions24.webp)
- Seoul Capital Area
- Yeongnam (Southeastern Region)
- Honam (Southwestern Region)
- Hoseo (Central Region)
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), and Others.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
South Korea Cosmetic Surgery Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Procedure
- Gender
- Age Group
- End User
- Region
|
Procedures Covered |
- Surgical Procedures: Breast Augmentation, Liposuction, Eyelid Surgery, Abdominoplasty, Rhinoplasty, Others
- Non-Surgical Procedures: Botulinum Toxin, Hyaluronic Acid, Hair Removal, Nonsurgical Fat Reduction, Photo Rejuvenation, Others
|
Genders Covered |
Female, Male |
Age Groups Covered |
13 to 29, 30 to 54, 55 and Above |
End Users Covered |
Ambulatory Surgical Facility, Hospitals and Clinics, Others |
Regions Covered |
Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the South Korea cosmetic surgery market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the South Korea cosmetic surgery market?
- What is the breakup of the South Korea cosmetic surgery market on the basis of procedure?
- What is the breakup of the South Korea cosmetic surgery market on the basis of gender?
- What is the breakup of the South Korea cosmetic surgery market on the basis of age group?
- What is the breakup of the South Korea cosmetic surgery market on the basis of end user?
- What are the various stages in the value chain of the South Korea cosmetic surgery market?
- What are the key driving factors and challenges in the South Korea cosmetic surgery?
- What is the structure of the South Korea cosmetic surgery market and who are the key players?
- What is the degree of competition in the South Korea cosmetic surgery market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the South Korea cosmetic surgery market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the South Korea cosmetic surgery market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the South Korea cosmetic surgery industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.