The Hidden Cost of Korea’s Beauty Industry

Video Description

Tens of thousands of people travel to South Korea every year seeking beauty treatments, including aesthetic procedures like microneedling and non-invasive lifting. It’s all part of a $4 billion industry, a lucrative sector that’s attracting ever more doctors. But the price for South Korea is a critical shortage of general practitioners and hospital physicians. 00:00 - 1:20 Intro 1:24 - 2:50 A medical tourist’s experience 2:51 - 4:28 South Korea’s medical tourism boom 4:29 - 5:31 Related businesses thrive 5:32 - 6:27 Why K-beauty treatments became popular 6:28 - 8:13 Implications on the healthcare system 8:14 - 9:52 Balancing profit and patient care 9:53 - 11:21 What lies ahead -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.