South Korea Medical Aesthetic Devices Market - Growth, Trends and Forecasts (2020 - 2025)
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South Korea’s Aesthetic Medical Devices Market accounted for a share of US$ 389 million in 2015. It is expected to reach US$ 948 million by 2021, at a CAGR of 19.5% from 2015 to 2020. North America currently dominates the market for medical aesthetic devices. The region is expected to continue its strong hold during the forecast period. Asia-Pacific region is expected to increase its market share in the future, owing to the increase in awareness among people about the potential benefits of medical aesthetic devices.
Such an escalation in market potential is creating a need to analyze, review, and to forecast the growth of the medical aesthetic device market. Owing to the rapid evolution of market in the use of laser technology, medical device companies, which are able to launch new innovative equipment, will be awarded with huge benefits.