SEOUL, May 8 (Korea Bizwire) — Controversy is rising after several local authorities promised to subsidize the cost of treatment for young Koreans suffering from hair loss. The Saha District Council in Busan passed an ordinance on Wednesday to provide partial or full subsidies to young district residents undergoing treatment for hair loss, marking the [...]
SEOUL, May 19 (Korea Bizwire) — Seoul’s Seondong district office said Wednesday it is introducing the country’s first policy of providing the younger generation with subsidies for hair loss treatment. The district enacted relevant ordinances earlier this month to set up a legal basis for the initiative. The ordinance defines ‘hair loss’ as a disease [...]
SEOUL, Feb. 10 (Korea Bizwire) — Several male recipients of the COVID-19 vaccine are struggling with severe hair loss. A 23-year-old man surnamed Ahn, began experiencing hair loss two weeks after being vaccinated with the second dose of the COVID-19 vaccine by Moderna Inc. last October. The hair loss continued, and after two weeks, his [...]
SEOUL, Jan. 5 (Korea Bizwire) — Online communities related to hair loss were full of excitement amid news that Democratic Party presidential candidate Lee Jae-myung is reviewing the idea of extending coverage under the national health insurance plan to hair loss medication as one of his presidential pledges. An official from the party’s campaign committee [...]
SEOUL, July 20 (Korea Bizwire) — A study last year showed that men in their 30s comprise the majority of hair loss patients visiting hospitals. The National Health Insurance Service reported a 10 percent increase in the number of hair loss patients last year (233,000 patients), compared to 2016 (212,000 patients). Sorted by age, patients [...]
SEOUL, Oct. 12 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker, said Monday it will launch a hair loss treatment device in South Korea later this month. LG Pra.L MediHair was recently approved by Seoul’s drug safety ministry as a laser apparatus for medical use and was also cleared by the U.S. [...]
SEOUL, Sept. 21 (Korea Bizwire) — With the number of people losing hair increasing rapidly – particularly among the youth – in China, the nation’s imports of hair loss products from South Korea recently shot up. According to the Shenyang Office of the Korea Trade-Investment Promotion Agency (KOTRA), China’s imports of hair loss prevention products [...]
SEOUL, Aug. 21 (Korea Bizwire) — Steamy weather in the summer and in-between seasons with fluctuating temperatures increases the risk of hair loss. Hair loss impacts the psychological state of a person in addition to the physical state, and may trigger depression and lower self-esteem. Most men, when experiencing unusual loss of hair, begin to [...]
SEOUL, Aug. 9 (Korea Bizwire) — The hair loss market is seeing a marked shift in demographics, as the core purchasing group is switching from male to female and middle-aged to younger generations. According to an analysis of big data on hair loss management products from January to July by online shopping site Gmarket, female [...]
SEOUL, Aug. 6 (Korea Bizwire) – With the intense summer heat continuing to take a toll, sales of hair and hair-loss products have multiplied fivefold with the onset of not only the heat but also high UV rays. The e-commerce website Auction said today that hair-related products including scalp massagers and hair loss treatments grew 498 percent [...]