South Korea Liposuction Surgery Devices Market Size & Outlook
South Korea liposuction surgery devices market, 2018-2030 (US$M)
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South Korea liposuction surgery devices market highlights
- The South Korea liposuction surgery devices market generated a revenue of USD 373.8 million in 2023 and is expected to reach USD 974.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 14.7% from 2024 to 2030.
- In terms of segment, laser-assisted liposuction (lal) was the largest revenue generating technology in 2023.
- Jplasma is the most lucrative technology segment registering the fastest growth during the forecast period.
Liposuction surgery devices market data book summary
| Market revenue in 2023 | USD 373.8 million |
| Market revenue in 2030 | USD 974.1 million |
| Growth rate | 14.7% (CAGR from 2023 to 2030) |
| Largest segment | Laser-assisted liposuction (lal) |
| Fastest growing segment | Jplasma |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tumescent liposuction, Ultrasound-assisted liposuction (UAL), Laser-assisted liposuction (LAL), Power-assisted liposuction (PAL), BodyJet or Water Assisted Liposuction (WAL), Jplasma |
| Key market players worldwide | Alma Lasers Ltd, InMode Ltd, Apyx Medical Corp, Cynosure, Bausch Health Companies Inc, Genesis Biosystems, MicroAire |
Other key industry trends
- In terms of revenue, South Korea accounted for 6.2% of the global liposuction surgery devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, South Korea liposuction surgery devices market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 370.9 million by 2030.
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Liposuction Surgery Devices Market Scope
Liposuction Surgery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea liposuction surgery devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to liposuction surgery devices market will help companies and investors design strategic landscapes.
Laser-assisted liposuction (lal) was the largest segment with a revenue share of 22.39% in 2023. Horizon Databook has segmented the South Korea liposuction surgery devices market based on tumescent liposuction, ultrasound-assisted liposuction (ual), laser-assisted liposuction (lal), power-assisted liposuction (pal), bodyjet or water assisted liposuction (wal), jplasma covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea is the 8th largest esthetic market in the world having the highest number of esthetic procedures per capita globally, with 600+ clinics in Seoul alone. Key market drivers include rising medical tourism in South Korea, increasing public awareness about cosmetic procedures, availability of technologically advanced & user-friendly products, and increasing obese population.
Thus, thousands of people travel to the country every year to undergo various surgical and nonsurgical procedures. Medical tourists are mainly from China, the U.S., Russia, Japan, and Mongolia. The cost of treatment in South Korea is less than that in the U.S., Japan, and China.
The demand for surgical esthetic treatments increased significantly post pandemic in the country. The WooAhIn Plastic Surgery Clinic in South Korea stated that enquiries for both surgical and nonsurgical esthetic treatments increased drastically during the pandemic.
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Our clientele includes a mix of liposuction surgery devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea liposuction surgery devices market , including forecasts for subscribers. This country databook contains high-level insights into South Korea liposuction surgery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea liposuction surgery devices market size, by technology, 2018-2030 (US$M)
South Korea Liposuction Surgery Devices Market Outlook Share, 2023 & 2030 (US$M)
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