South Korea Scar Treatment Market Size & Outlook
South Korea scar treatment market, 2018-2030 (US$M)
Related Markets
South Korea scar treatment market highlights
- The South Korea scar treatment market generated a revenue of USD 242.1 million in 2023 and is expected to reach USD 439.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, topical was the largest revenue generating product in 2023.
- Laser is the most lucrative product segment registering the fastest growth during the forecast period.
Scar treatment market data book summary
| Market revenue in 2023 | USD 242.1 million |
| Market revenue in 2030 | USD 439.3 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Topical |
| Fastest growing segment | Laser |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Topical, Laser, Injectables, Other Products |
| Key market players worldwide | Smith & Nephew PLC, Lumenis, Merz Pharma, Sonoma Pharmaceuticals Inc, Cynosure, CCA Industries Inc, Mölnlycke Health Care, Suneva Medical, Pacific World Corporation, Perrigo Co PLC, Enaltus, Newmedical, Make Love Not Scars |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.9% of the global scar treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China scar treatment market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,704.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Scar Treatment Market Scope
Scar Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea scar treatment 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 scar treatment market will help companies and investors design strategic landscapes.
Topical was the largest segment with a revenue share of 59.36% in 2023. Horizon Databook has segmented the South Korea scar treatment market based on topical, laser, injectables, other products 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 largest count of esthetic procedures per capita globally, with 600+ clinics in Seoul alone. Key market drivers include rise in medical tourism, increasing public awareness about cosmetic procedures, and availability of technologically advanced & user-friendly products.
The advent of new technologies is adding to the scope of adoption of new cosmetic procedures, and cosmetic treatment cost in South Korea is approximately 40% to 80% cheaper than in other countries. Thus, thousands of people travel to the country every year to undergo various surgical and nonsurgical procedures.
Cosmetic regulations in Korea are not very stringent and enable a diverse range of treatment options for scar revision procedures. According to the International Society of Aesthetic Plastic Surgery (ISAPS), on the basis of per capita, South Korea ranks first, with 13.5 cosmetic procedures performed per 1,000 individuals.
Reasons to subscribe to South Korea scar treatment market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea scar treatment market databook
-
Our clientele includes a mix of scar treatment market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea scar treatment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea scar treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea scar treatment market size, by product, 2018-2030 (US$M)
South Korea Scar Treatment Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
