South Korea Medical Aesthetics Market Size, Share, and COVID-19 Impact Analysis, By Product (Facial Aesthetic, Body Contouring Devices, Cosmetic Implants, Hair Removal Devices, Skin Aesthetic Devices, and Tattoo Removal Devices), By Technology (Invasive, Non-Invasive, and Minimally Invasive), and South Korea Medical Aesthetics Market Insights, Industry Trend, Forecasts to 2035

South Korea Medical Aesthetics Market Insights Forecasts to 2035

• The South Korea Medical Aesthetics Market Size was estimated at USD 813.38 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 10.75% from 2025 to 2035
• The South Korea Medical Aesthetics Market Size is Expected to Reach USD 2501.1 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, the South Korea Medical Aesthetics Market Size is Anticipated to reach USD 2501.1 Million by 2035, Growing at a CAGR of 10.75% from 2025 to 2035. Growing medical tourism, growing beauty consciousness, and rising demand for non-invasive procedures like dermal fillers and botulinum toxin are driving the growth of South Korea's medical aesthetics market. Strong government support and technological developments in aesthetic devices further speed up market expansion.

Market Overview

The South Korea Medical Aesthetics Market refers to the industry centered around cosmetic procedures and technologies carried out by certified medical professionals to improve physical appearance and increase self-confidence is known as the South Korea Medical Aesthetics Market. Additionally, customers are becoming more interested in customized aesthetic solutions as a result of South Korea's thriving health and beauty sector, which fosters innovation and a wide range of services. There is a lot of opportunity for value creation as the providers modify their products to meet the market's demand for more "natural results." Furthermore, the increasing demand for holistic wellness, which includes skincare procedures and medical aesthetics, reflects the growing number of consumers who prioritize health over appearance. Moreover, as the older population in these demographics aspires to age gracefully, the elderly South Koreans are also increasing the demand for anti-aging services and treatments. A more recent trend in South Korean society seems to be the acceptance and normalization of aesthetic procedures. Consumer trust is rising as a result of improved safety regulations being implemented, in addition to increased awareness of the aesthetic options available.

Report Coverage

This research report categorizes the market for the South Korea medical aesthetics market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea medical aesthetics market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea medical aesthetics market.

Driving Factors

Consumers' increasing focus on wellness and personal appearance is driving significant trends in the South Korean medical aesthetics market. As consumers look to improve their standards of beauty, the demand for aesthetic procedures is greatly influenced by the rise in disposable income and the growing influence of social media. Technological developments in non-invasive treatments, like injectables and laser therapies, have increased the accessibility and appeal of procedures.

Restraining Factors

Access to treatment is restricted in South Korea's medical aesthetics market by limited insurance coverage because the majority of procedures are considered elective and are not covered by insurance. This financial strain lowers affordability, particularly for younger or budget-conscious customers looking for non-invasive treatments or cosmetic enhancements.

Market Segmentation

The South Korea medical aesthetics market share is classified into product and technology.

• The facial aesthetic segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea medical aesthetics market is segmented by product into facial aesthetic, body contouring devices, cosmetic implants, hair removal devices, skin aesthetic devices, and tattoo removal devices. Among these, the facial aesthetic segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. As consumers look to preserve youthful appearances, facial aesthetics have grown in popularity, making skin rejuvenation and injectable treatments a crucial area of focus.

• The non-invasive segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea medical aesthetics market is segmented by technology into invasive, non-invasive, and minimally invasive. Among these, the non-invasive segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Particularly non-invasive procedures have become more popular because of their ease of use and short recovery period, which appeals to younger audiences.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea medical aesthetics market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Daewoong Pharmaceutical
• LG Chem
• Medytox
• Hironic Co., Ltd.
• Lutronic Corporation
• Others

Recent Developments:

• In September 2023, [KG1] LG Chem announced that it had made inroads into the lithium-phosphate-iron (LFP) cathode materials business in partnership with China’s Huayou Group. Additionally, LG Chem began vertical integration of its cathode supply chain.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Medical Aesthetics Market based on the below-mentioned segments:

South Korea Medical Aesthetics Market, By Product

• Facial Aesthetic
• Body Contouring Devices
• Cosmetic Implants
• Hair Removal Devices
• Skin Aesthetic Devices
• Tattoo Removal Devices

South Korea Medical Aesthetics Market, By Technology

• Invasive
• Non-Invasive
• Minimally Invasive