Korea Aesthetic Market To Be Worth $ 4,451.18 Million By 2028||Players-Allergan, INMODE Group, Bausch Health Companies Inc., Galderma Laboratories, L.P., Cynosure Inc (Hologic Inc.), Bison Medical
Korea aesthetic market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 15.9% in the forecast period of 2021 to 2028 and is expected to reach USD 4,451.18 million by 2028 from USD 1,411.20 million in 2020. The aesthetic market is growing due to the rise in medical aesthetic tourism in Korea, awareness about minimally invasive treatments, and the well-established market in Korea.
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The major companies providing aesthetics are Candela Medical, Merz North America, Inc. (Merz Pharma), Allergan, INMODE Group, Bausch Health Companies Inc., Galderma Laboratories, L.P., Cynosure Inc (Hologic Inc.), Bison Medical, BLUECORE COMPANY, HUGEL Inc, Hironic Co. Ltd, UNION MEDICAL, WEERO, AMIINC, DAEWOONG PHARMACEUTICAL CO. LTD among others.
Many product launches and agreements are also initiated by the companies worldwide, which are also accelerating the Korea aesthetic market.
In November 2020, Galderma Laboratories, L.P., had proclaimed the phase 2 clinical trials of Dysport, which is responsible for the use of treatment of moderate to severe frown lines between the eyebrows. This initiative by the company would result in quick product approval and a rise in the product portfolio. This would bring a positive growth in the company
Objectives of Aesthetic report:
To get a comprehensive overview of the Aesthetic market.
To gain information about the top players in this industry, their product portfolios, and their key strategies.
To understand the future outlook and prospects for Aesthetic market analysis and forecast 2021-2028.
To analyze the market size of the market and infer the key trends from it.
To inspect the market based on product, market share and size of the product share.
To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Aesthetic market.
To gain insights about the major regional insights in which the Aesthetic is flourishing.
To describe and forecast the Aesthetic market, in terms of value, by process, product type, and industry.
To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders.
To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
Korea Aesthetic Market Development
In July 2019, Merz North America, Inc. launched their NEOCUTIS Aftercare, a post-treatment cream that can enhance post-procedure outcomes. Lumière Riche and Bio Serum have been awarded for the 20th time as the Best Beauty Buy award winner. This will increase the product portfolio and revenue of the company
Scope of the Korea Aesthetic Market
All country-based analysis of the Korea aesthetic market is further analyzed based on maximum granularity into further segmentation.
On the basis of devices, the Korea aesthetic market is segmented into energy-based aesthetic devices and non-energy-based aesthetic devices. On the basis of application, the Korea aesthetic market is segmented surgical and non-surgical. On the basis of brands, the Korea aesthetic market is segmented into skin lifting, botulinum toxin, dermal fillers, and others. On the basis of gender, the Korea aesthetic market is segmented into male and female. On the basis of end-user, the Korea aesthetic market is segmented into hospitals, specialty clinics, medical spas and beauty centers, dermatology clinics, and others. On the basis of distribution channels, the Korea aesthetic market is segmented into direct tenders and retail sales.
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Korea Aesthetic Market Country Level Analysis
The Korea aesthetic market is analyzed, and market size information is provided on the basis of devices, application, brand, gender, end-user, and distribution channel as referenced above.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Key Pointers Covered in Korea Aesthetic Market Industry Trends and Forecast to 2028
Top to bottom market analysis
Recent developments for market competitors
Market value and overview of aesthetic market
Company profiling of top eight players of aesthetic market
Data Bridge Market Research
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