South Korea Facial Aesthetics Market – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
South Korea Facial Aesthetics Market: By Technology (Laser Based Technology, Energy Based Technology), By Products ((Aesthetic Lasers and Energy Devices, Aesthetic Implants), By End User (Dermatology Clinics, Medical Spa’s, Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023
South Korea facial aesthetics market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over the 2017 to 2023.
Market Outline: South Korea Facial Aesthetics Market
Facial aesthetics are used to soften expression lines and define the facial counters. The natural beauty can be enhanced with the careful use of wrinkle relaxation injections and/or injectable fillers. The facial aesthetics provides dramatic benefits without surgery. The facial aesthetics market has been showing a predominant demand in the Asian region. As per the American Society for Aesthetic Plastic Surgery, the cosmetic procedures are increased by nearly 40%. The South Korean facial aesthetics market is growing owing to the awareness among the people.
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Market Dynamics: South Korea Facial Aesthetics Market
Increase beauty conscious and the changing lifestyles are the major factors that are driving the growth of the South Korea Facial Aesthetics Market. The growing awareness about the new cosmetic procedures is also likely to enhance the growth of the facial aesthetics market in the region of South Korea. The rising aging population in South Korea is also one of the factor responsible for the growth of the market. The development of newer technologies are adding scope for the advent of new cosmetic procedures. The South Korean facial aesthetic market is expected to show a rapid growth in the forecasted period. However, the higher cost involved in the procedure is likely to hamper the growth of the facial aesthetic market in South Korea.
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Market Scope: South Korea Facial Aesthetics Market
South Korea facial aesthetics market is segmented based on the product type, technology, and end user
Based on the technology, the market is segmented into the following:
- Laser Based Technology
- Energy Based Technology
Based on the products, the market is segmented into the following:
- Aesthetic Implants
- Chin Implants
- Jaw Implants
- Others
- Aesthetic Lasers and Energy Devices
- Laser Resurfacing Devices
- Body Contouring Devices
Based on the distribution channel, the market is segmented into the following:
- Dermatology Clinics
- Medical Spa’s
- Others
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Competition Assessment: South Korea Facial Aesthetics Market
Some of the players in the South Korea facial aesthetics market include:
- ALLERGAN
- SYNERON MEDICAL
- Merz Pharma
- Suneva Medical
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