Reports

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

South Korea Plastic Surgery Market Share, Size, Growth, Trends, Analysis, Insights, Forecast: By Procedure: Surgical, Non-Surgical; By Provider: Hospitals and Specialty Clinics, Spas and Cosmetic Surgery Centers; By Gender: Female, Male; Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments; 2023-2028

South Korea Plastic Surgery Market Outlook

The South Korea plastic surgery market reached a value of about USD 1.95 billion during 2018-2022. The industry is further expected to grow at a CAGR of about 13.2% in the forecast period of 2023-2028. Technological developments in the field of cosmetic surgery and high K-beauty standards are expected to bolster market growth during the given forecast period. 

 

Medical Advancements and the Growing Acceptability of Plastic Surgery is Bolstering the Market Growth

South Korea, which is popularly referred to as the world's plastic surgery capital, has the world's highest per capita rate of cosmetic surgery. Because of advancements in medical technology and the rapid rise of social media and web-based mass media, the general public now has far more access to cosmetic surgery. Research in this area has been accelerating due to the steady rise in people seeking plastic surgery.

 

The popularity of modern and advanced photography, the introduction of self-observing applications, and the growing acceptability of restorative medical treatments are all responsible for the substantial increase in the volume of plastic surgery procedures. Parents would give their high school kids plastic surgery as graduation presents. 

 

In addition, Korea's high technology, the increase in research, and the growing number of plastic surgeons have reduced the risk associated with plastic surgery. There has been a noticeable increase in a few prominent treatments, including facelift, blepharoplasty or double-eyelid surgery, jawline surgery, and rhinoplasties or nose reshaping. The continuous research and wide acceptance of plastic surgery aid in the development of the plastic surgery industry in South Korea. With many of the world's best plastic surgeons specialising in face and body alterations, South Korea has the highest rate of cosmetic treatments performed per person worldwide.

 

South Korea Plastic Surgery Market Segmentation

Redesigning the structure and functionality as well as enhancing the appearance of a body part is the focus of the medical speciality of plastic surgery. The origin of the term can be found in the Greek term "Plastikos," which means "fit to form."  In response to rising consumer demand, the area of plastic surgery is expanding quickly.

 

By procedure, the market can be segmented into:

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

 

By provider, the plastic surgery market can be divided into:

  • Hospitals and Specialty Clinics
  • Spas and Cosmetic Surgery Centres

 

By gender, the plastic surgery market can be bifurcated into:

  • Female
  • Male

 

The popularity of K-Beauty Both in the Country and Overseas, Along with High Beauty Standards in the Airline and Entertainment Industries, is Propelling the Plastic Surgery Market Growth

K-beauty has completely revolutionised the skincare market. Consumers all over the world are now looking to Korea for skincare solutions. Both domestically and internationally, Korean plastic surgery is booming. Interest in plastic surgery is correlated with body image, self-esteem, personality qualities, and psychological elements. Many industries, including acting, music, modelling, and aerospace , are closely related to attractiveness on the exterior. Individuals looking for work in these fields must adhere to particular Korean beauty standards. Candidates for flight attendant positions must meet the airline's requirements for height, skin tone, and body type. Also, candidates' applications are more frequently turned down if they have tattoos, piercings, or scars on their bodies. Hence, people interested in pursuing these employment options often get plastic surgery. These industries are one of the major factors that make the plastic surgery market move on a positive trajectory. These industries are one of the major factors that make the plastic surgery market move on a positive trajectory.

 

The Korean Wave has had an impact beyond the local population. K-pop and K-drama  have motivated numerous people worldwide to opt for plastic surgeries to enhance their beauty. Additionally, makeover programmes on television featuring the best in Korean plastic surgery are shown throughout the world. Increased internet penetration and extensive use of social media have also contributed to plastic surgery market growth.

 

Rising Demand for Non-Surgical Procedures and Medical Tourism are Augmenting the Plastic Surgery market in South Korea

The medical tourism  business has continued to expand rapidly.  Amid rising healthcare prices and lengthy wait times caused by overburdened public health systems in various nations, South Korea's plastic surgery business is gaining popularity because of the country's quick, affordable, efficient, safe, and high-quality healthcare system. 

 

Due to the growing number of people having injectable and dermal filler operations throughout the country, the market for non-surgical procedures is increasing.  Botox injections are popular among aged people and are used to lessen the appearance of facial wrinkles. Moreover, these Botox injections are also used to treat other conditions, such as cervical dystonia, overactive bladder, excessive sweating (hyperhidrosis), lazy eyes, and neck spasms.

 

The non-surgical procedure market is dominated by botulinum toxin and hyaluronic acid. It is anticipated that the development of technologically advanced product lines, including, for example, non-invasive body sculpting devices that utilise fat freezing technology, will create good growth potential. Increased disposable income and adoption of high living standards are also augmenting the growth of the plastic surgery market. Beauty became one of the prime concerns of the people. It affects their everyday lives and has become a cultural phenomenon in South Korea.

 

Key Players in the South Korea Plastic Surgery Market

The report provides an in-depth research of the following prominent players in the South Korea plastic surgery market, giving a detailed understanding about the competitive landscape, capacity, and recent developments including mergers, acquisitions, and investments, capacity expansion, and plant turnarounds:

 

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

 

The EMR report provides a detailed assessment of the market on the basis of the Porter's five forces model, combined with a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Procedure
  • Provider
  • Gender
Breakup by Procedure
  • Surgical
  • Non-Surgical
Breakup by Provider
  • Hospitals and Specialty Clinics
  • Spas and Cosmetic Surgery Centers
Breakup by Gender
  • Female
  • Male
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Bio Plastic Surgery Clinic
  • VIP International Plastic Surgery Center
  • Merz Asia Pacific Pte. Ltd.
  • JK PLASTIC Center
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    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 Snapshot
7    Industry Opportunities and Challenges
8    South Korea Plastic Surgery Market Analysis

    8.1    Key Industry Highlights
    8.2    South Korea Plastic Surgery Historical Market (2018-2022) 
    8.3    South Korea Plastic Surgery Market Forecast (2023-2028)
    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 (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
            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 (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
            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 (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Spas and Cosmetic Surgery Centers
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
    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 (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Male
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
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 2028
2.    South Korea Plastic Surgery Historical Market: Breakup by Procedure (USD Million), 2018-2022
3.    South Korea Plastic Surgery Market Forecast: Breakup by Procedure (USD Million), 2023-2028
4.    South Korea Plastic Surgery Historical Market: Breakup by Provider (USD Million), 2018-2022
5.    South Korea Plastic Surgery Market Forecast: Breakup by Provider (USD Million), 2023-2028
6.    South Korea Plastic Surgery Historical Market: Breakup by Gender (USD Million), 2018-2022
7.    South Korea Plastic Surgery Market Forecast: Breakup by Gender (USD Million), 2023-2028
8.    South Korea Plastic Surgery Market Structure

Key Questions Answered in the Report

In 2021, the South Korea plastic surgery market attained a value of nearly USD 1.95 billion.

The market is projected to grow at a CAGR of 13.2% between 2023 and 2028.

Increasing disposable income, popularity of K-beauty standards, excellent internet penetration, increasing use of social media, influence of the entertainment industry, social acceptance of plastic surgery, and easy access are the major industrial drivers.

Increasing trend of medical tourism, growing medical technology, and rising demand of non-surgical procedures are the key trends.

The dominant type of plastic surgery in the industry are surgical and non-surgical.

The major players in the industry are Bio Plastic Surgery Clinic, VIP International Plastic Surgery Center, Merz Asia Pacific Pte. Ltd., And JK Plastic Surgery Center, among others.

Analyst Review

The South Korea plastic surgery market attained a value of USD 1.95 billion in 2021, driven by the celebrity influence and high K-beauty standards. Aided by the growing medical technological advancements, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 13.2%.

 

EMR’s report gives a comprehensive and detailed research on the market, covering all the aspects of the market. Based on its types, the South Korea plastic surgery industry can be segmented into surgical and non-surgical. On the basis of gender, the plastic surgery market of South Korea can be divided into female and male, with female sector accounts for the largest share in the industry. Based on provider, the South Korea plastic surgery market can be segmented into Hospitals and Specialty Clinics and Spas and Cosmetic Surgery Centres. The key players in the above market include Bio Plastic Surgery Clinic, VIP International Plastic Surgery Centre, Merz Asia Pacific Pte. Ltd., And JK Plastic Surgery Center, among others.

 

EMR reports are prepared with the assistance of advanced analytical tools and the expertise of their highly accomplished team. The report provides our clients with market insights which are precise, actionable, and help them strengthen their position in the competitive market.  
 

Purchase Full Report

Mini Report

$ 2199     $1799
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3199     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$ 4199     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5199     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER