IMARC Group has recently released a new research study titled “South Korea Cosmetic Surgery Market Report by Procedure (Surgical Procedures, Non-Surgical Procedures), Gender (Female, Male), Age Group (13 to 29, 30 to 54, 55 and Above), End User (Ambulatory Surgical Facility, Hospitals and Clinics, and Others), and Region 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

South Korea Cosmetic Surgery Market Overview

The South Korea cosmetic surgery market size of USD 1.7 Billion in 2024 and is expected to grow to USD 3.9 Billion by 2033. The market is projected to expand at a CAGR of 8.70% during the forecast period from 2025 to 2033, driven by rising advancements in technology, increased emphasis on minimally invasive procedures, and growing demand from medical tourism. This growth is underpinned by cultural shifts towards self-improvement and increasing affordability through financing options.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

South Korea Cosmetic Surgery Market Key Takeaways

• Current Market Size: USD 1.7 Billion in 2024
• CAGR: 8.70% during 2025-2033
• Forecast Period: 2025-2033
• Advances in surgical techniques and technology improve safety and attract international clients, enhancing South Korea's reputation in cosmetic surgery.
• Minimally invasive procedures and financing availability are key growth drivers.
• Seoul Capital Area leads in advanced techniques, while Yeongnam serves high-volume procedures and medical tourists.
• High costs and limited access restrict some demographics but expanding financing and services in underserved areas present opportunities.
• Non-surgical treatments like Botox and fillers are increasingly popular, stimulating market demand.

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Market Growth Factors

The South Korea cosmetic surgery market is driven by rising advancements in technology and surgical procedures, which have improved safety and effectiveness. These innovations attract international clients and boost South Korea’s global standing as a premier cosmetic surgery destination. This technological progress provides a competitive edge that stimulates continued market expansion.

Another significant growth factor is the increasing cultural emphasis on self-improvement and aesthetic enhancements. The trend towards minimally invasive procedures, such as botulinum toxin and hyaluronic acid treatments, appeals to patients seeking effective results with reduced recovery times and lower costs. The easy availability of financing options further supports this trend by making cosmetic procedures more affordable to a broader population.

Medical tourism plays a notable role in market growth as South Korea attracts over 600,000 international patients annually, particularly from Japan, Taiwan, and neighboring countries. The country’s reputation for advanced cosmetic surgery technologies and cost-effective procedures bolsters its position as a leading medical tourism hub in Asia, driving increased market share and procedure volumes.

Market Segmentation

Breakup by Procedure:

• Surgical Procedures: Breast Augmentation, Liposuction, Eyelid Surgery, Abdominoplasty, Rhinoplasty, Others
• Surgical procedures include popular surgeries like breast augmentation and rhinoplasty, addressing diverse aesthetic desires.
• Non-Surgical Procedures: Botulinum Toxin, Hyaluronic Acid, Hair Removal, Nonsurgical Fat Reduction, Photo Rejuvenation, Others
• Non-surgical treatments such as botulinum toxin and fillers offer less invasive alternatives with minimal downtime.

Breakup by Gender:

• Female
• Male
• Cosmetic surgery is favored by both genders, with women commonly opting for double eyelid surgery and rhinoplasty, while men increasingly seek facial contouring and anti-aging treatments.

Breakup by Age Group:

• 13 to 29
• 30 to 54
• 55 and Above
• Younger patients (13-29) often choose procedures like rhinoplasty, whereas the 30-54 group prefers anti-aging treatments such as facelifts and Botox. Those aged 55 and above usually opt for advanced facial rejuvenation.

Breakup by End User:

• Ambulatory Surgical Facility
• Hospitals and Clinics
• Others
• Procedures are performed in various settings, from ambulatory surgical facilities to hospitals, providing a broad range of care environments and specialty services.

Breakup by Region:

• Seoul Capital Area
• Yeongnam (Southeastern Region)
• Honam (Southwestern Region)
• Hoseo (Central Region)
• Others
• The Seoul Capital Area is known for cutting-edge techniques attracting international patients; Yeongnam focuses on high-volume and medical tourism-driven procedures; Honam combines traditional and modern methods, while Hoseo promotes small clinics and innovation.

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Regional Insights

The dominant region in South Korea's cosmetic surgery market is the Seoul Capital Area, recognized for its cutting-edge cosmetic surgery techniques and research. This region notably attracts a large influx of international clients seeking advanced treatments. Alongside Seoul, Yeongnam serves as a hub for high-quality surgical procedures, catering strongly to medical tourists. These regional strengths support the overall market growth, with specialized focuses enhancing service diversity and patient reach.

Recent Developments & News

• May 2024: MediThinQ, a South Korean startup, launched the SCOPEYE 3D microsurgery solution utilizing the latest eyes-display technology to improve precision across medical specialties.
• May 2024: The Ministry of Health and Welfare reported over 600,000 international patients in 2023, highlighting significant growth in dermatology and plastic surgery services and reinforcing South Korea's role as a medical tourism hub.
• January 2024: CG Bio expanded into the U.S. market leveraging biomaterial technologies for anti-aging and aesthetic procedures, reflecting market expansion and innovation.

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