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The South Korea plastic surgery market was valued at USD 1.70 billion in 2023, driven by the increasing popularity of K-Beauty standards. The market size is anticipated to grow at a CAGR of 13.20% during the forecast period of 2024-2032 to achieve a value of USD 5.19 billion by 2032.
South Korea Plastic Surgery Market Size
South Korea Plastic Surgery Market Analysis
South Korea Plastic Surgery Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of about USD 1.70 billion in 2023, driven by the increasing research and development.
The market is anticipated to grow at a CAGR of 13.20% during the forecast period of 2024-2032 and is likely to reach a market value of USD 5.19 billion by 2032.
The growth of the market is driven by the easy availability of affordable and advanced treatments, increasing adherence to the beauty standards set by the society, rising influence of social media and internet, and the rising disposable incomes of the consumers, among others.
The easy access to plastic surgery procedures nationwide, along with technologically advanced equipment, are the market trends influencing the market growth.
Different procedures in the market include eyelid surgery, nose reshaping, abdominoplasty, liposuction, and breast augmentation.
Plastic surgeries are offered by hospitals and speciality clinics, spas and cosmetic surgery centres, among others.
The genders include female and male.
Key players involved in the market are MediGence, MediGlobus, Vaidam, Expert Medical, Girin Plastic Surgery, Medical Korea, POP Plastic Surgery, DA Plastic Surgery, 1mm Plastic Surgery, Me Clinic Plastic Surgery, and Seoul Cosmetic Surgery.
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