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Defying the Odds: Plastic Surgery Sees Resilient Recovery, Reaching 74% of Pre-Crisis Sales - News Directory 3

Defying the Odds: Plastic Surgery Sees Resilient Recovery, Reaching 74% of Pre-Crisis Sales

September 17, 2024 Catherine Williams Health
News Context
At a glance
  • Despite the mass resignation of residents and the resulting 'medical vacuum', the sales of domestic plastic surgery clinics continue to increase.
  • Plastic surgery clinics' sales have been steadily increasing.
  • However, the opening of plastic surgery clinics is slowing down.
Original source: cm.asiae.co.kr

Plastic Surgery Clinics’ Sales Continue to Rise Amid Medical Crisis

Reading time: 00 minutes 30 seconds

Slowing Down: The Opening Speed of Plastic Surgery Clinics

Despite the mass resignation of residents and the resulting ‘medical vacuum’, the sales of domestic plastic surgery clinics continue to increase. According to data from the National Health Insurance Corporation, the sales of plastic surgery clinics as of July this year amounted to 37.8 billion won, equivalent to 73.7% of the total sales of 51.3 billion won last year.

Plastic surgery clinics’ sales have been steadily increasing. In 2021, it recorded 37 billion won, a 58% increase from the previous year (23.4 billion won). Last year’s sales were almost 2.6 times that of 2019 (19.8 billion won).

medical crisis‘… Already reaching 74% of last year’s sales” />

Image source: Asiae.co.kr

However, the opening of plastic surgery clinics is slowing down. The number of plastic surgery clinics increased by 5.0% from 1,011 in 2019 to 1,062 the following year. However, the growth rate has steadily decreased since 2021. As of July this year, the number of plastic surgery clinics has increased by 16 from a year ago to 1,183.

Rep. Kim Mi-ae emphasized, “The Ministry of Health and Welfare and other relevant authorities should analyze the fundamental causes of the increase in the number and sales of plastic surgery clinics even amid the COVID-19 pandemic and medical crisis and include them in detailed policies for medical reform.”

Reporter: Han Ye-ju

Key Statistics:

  • Sales of plastic surgery clinics as of July this year: 37.8 billion won
  • Total sales of plastic surgery clinics last year: 51.3 billion won
  • Number of plastic surgery clinics in 2019: 1,011
  • Number of plastic surgery clinics as of July this year: 1,183

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