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South Korea Plastic Surgery Market Report and Forecast 2024-2032

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    Report

  • 215 Pages
  • November 2023
  • Region: South Korea
  • Expert Market Research
  • ID: 5912772
According to the report, the South Korea plastic surgery market is projected to grow at a CAGR of 13.2% between 2024 and 2032. Aided by nation's strong cultural emphasis on physical appearance, advancements in surgical procedures, and an increasing influx of medical tourists, the market is expected to grow significantly by 2032.

South Korea has emerged as a global epicentre for plastic surgery, with the capital city, Seoul, often dubbed the"plastic surgery capital of the world." From simple procedures like Botox and dermal fillers to more intricate surgeries like rhinoplasty and double eyelid surgeries, the array of procedures available is vast and continually evolving.

A pivotal factor fuelling the South Korea plastic surgery market growth is the deep-rooted societal emphasis on beauty standards. In South Korea, a youthful and aesthetic appearance often translates to better social and professional opportunities. As such, many view plastic surgery as an investment in their futures, leading to a significant surge in the number of procedures being performed annually.

Moreover, technological, and medical advancements have also played a considerable role in increasing the South Korea plastic surgery market size. The introduction of less invasive procedures, quicker recovery times, and surgeries promising more natural results have allayed many fears and reservations associated with plastic surgery, making it a more accessible and popular choice.

Medical tourism significantly contributes to the South Korean plastic surgery industry's buoyancy. The nation's reputation for high-quality procedures at competitive prices, combined with state-of-the-art facilities and skilled surgeons, attracts a vast number of international patients each year. Moreover, the government's supportive stance, promoting medical tourism through various initiatives and relaxations, further bolsters South Korea plastic surgery market demand.

The rise of South Korean pop culture, including K-pop and K-dramas, on the global stage has also inadvertently promoted the country's plastic surgery industry. As fans across the globe admire and aspire to achieve the looks of their favourite celebrities, many turn to South Korea, deemed the ideal destination, to undergo these transformative procedures.

The digital age and the surge of social media platforms where personal images are shared have also amplified the demand for aesthetic procedures, positively influencing the South Korea plastic surgery market outlook. The desire to look 'picture-perfect' in an age of filters and high-definition photos propels many towards enhancing their appearance surgically.

Market Segmentation

The market can be divided based on procedure, provider, and gender.

Market Breakup by Procedure

  • Surgical
  • Eyelid Surgery
  • Nose Reshaping
  • Abdominoplasty
  • Liposuction
  • Breast Augmentation
  • Non-Surgical
  • Botox Injections
  • Hair Removal
  • Chemical Peel
  • Microdermabrasion
  • Others

Market Breakup by Provider

  • Hospitals and Speciality Clinics
  • Spas and Cosmetic Surgery Centres

Market Breakup by Gender

  • Female
  • Male

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the South Korea plastic surgery market. Some of the major players explored in the report are as follows:
  • Bio Plastic Surgery Clinic
  • VIP International Plastic Surgery Center
  • Merz Asia Pacific Pte. Ltd.
  • JK PLASTIC Center
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot7 Industry Opportunities and Challenges
8 South Korea Plastic Surgery Market Analysis
8.1 Key Industry Highlights
8.2 South Korea Plastic Surgery Historical Market (2018-2023)
8.3 South Korea Plastic Surgery Market Forecast (2024-2032)
8.4 South Korea Plastic Surgery Market by Procedure
8.4.1 Surgical
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.1.4 Breakup by Type
8.4.1.4.1 Eyelid Surgery
8.4.1.4.2 Nose Reshaping
8.4.1.4.3 Abdominoplasty
8.4.1.4.4 Liposuction
8.4.1.4.5 Breast Augmentation
8.4.2 Non-Surgical
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.2.4 Breakup by Type
8.4.2.4.1 Botox Injections
8.4.2.4.2 Hair Removal
8.4.2.4.3 Chemical Peel
8.4.2.4.4 Microdermabrasion
8.4.2.4.5 Others
8.5 South Korea Plastic Surgery Market by Provider
8.5.1 Hospitals and Specialty Clinics
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Spas and Cosmetic Surgery Centers
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 South Korea Plastic Surgery Market by Gender
8.6.1 Female
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Male
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 Bio Plastic Surgery Clinic
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 VIP International Plastic Surgery Center
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 Merz Asia Pacific Pte. Ltd.
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 JK PLASTIC Center
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 Others
11 Industry Events and Developments
List of Key Figures and Tables
1. South Korea Plastic Surgery Market: Key Industry Highlights, 2018 and 2032
2. South Korea Plastic Surgery Historical Market: Breakup by Procedure (USD Million), 2018-2023
3. South Korea Plastic Surgery Market Forecast: Breakup by Procedure (USD Million), 2024-2032
4. South Korea Plastic Surgery Historical Market: Breakup by Provider (USD Million), 2018-2023
5. South Korea Plastic Surgery Market Forecast: Breakup by Provider (USD Million), 2024-2032
6. South Korea Plastic Surgery Historical Market: Breakup by Gender (USD Million), 2018-2023
7. South Korea Plastic Surgery Market Forecast: Breakup by Gender (USD Million), 2024-2032
8. South Korea Plastic Surgery Market Structure

Companies Mentioned

  • Bio Plastic Surgery Clinic
  • VIP International Plastic Surgery Center
  • Merz Asia Pacific Pte. Ltd.
  • JK PLASTIC Center

Methodology

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