Dental Tourism Market 2018-2028: Trends, Opportunities, and Forecasts | Techsci Research

Posted by Kumar on April 28th, 2023

According to a report by TechSci Research, the global dental tourism market is expected to experience steady growth in the foreseeable future. The market's growth can be attributed to the increasing awareness about the benefits of dental care services and favorable policies promoting dental tourism globally. Patients from developed countries travel to developing countries to receive high-quality dental care services at affordable prices. The selection of dental care locations is based on factors such as price, location, and quality of services.

The high cost of dental care services in developed countries, particularly for treatments not covered by dental insurance, is fueling the growth of dental tourism in underdeveloped or developing countries. The rising prevalence of dental disorders and awareness among patients about maintaining oral hygiene are also driving the market growth. Furthermore, advanced technologies such as telehealth, m-health, 3D printing, and prosthetics are providing better access to dental care services, attracting dental tourists.

Collaboration between healthcare facilities and the tourism industry is leading to increased demand for dental tourism services worldwide. Unhealthy eating habits and lifestyle patterns are negatively impacting dental health, further boosting the demand for dental tourism services.

However, the outbreak of COVID-19, which was declared a pandemic by the World Health Organization, has adversely affected the dental tourism market. The pandemic resulted in lockdowns and precautionary measures, causing patients to postpone non-essential visits to healthcare facilities. The disruption in the supply chain and restrictions on international travel negatively impacted the market's growth.

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The global dental tourism market is classified into treatment type, type, regional distribution, and company. The market can be segmented based on treatment type into preventive treatment, restorative treatment, prosthodontics treatment, OMS, and others. The restorative treatment segment is projected to experience growth in the forecast period from 2022 to 2028. The rising demand for cosmetic dentistry and the availability of high-quality services are expected to drive the market's growth in the next five years.

Apollo Hospitals Enterprise Limited, Bangkok International Dental Center (BIDC), Fortis Healthcare Limited, ARC Dental Clinic, Dentaglobal Clinic, Imperial Dental Specialist Center, Raffles Medical Group, Medlife Group, and Bali International Dental Center are the key players operating in the global dental tourism market. Manufacturers are increasingly focusing on research and development processes to fuel higher growth in the market. Several dental tourism manufacturers are also introducing technologically advanced offerings to meet evolving customer demand for better efficiency and durability.

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“High-end investments by the market players for technological advancement of the existing infrastructure are expected to create lucrative opportunities for the dental tourism market growth in the next five years. The development of CAD/CAM systems offers advantages such as durability, natural-looking bridges, and crowns. Improvement in the accuracy is observed and the reduction in the chair type is paving the way for the market growth. Change in consumer preference to opt for intraoral scanning as it consumes less time, is safe, and produces accurate results. Increasing healthcare expenditure by the market players and the adoption of attractive marketing campaigns to raise awareness is expected to propel the dental tourism market growth till 2028” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Dental Tourism Market By Treatment Type (Preventive Treatment, Restorative Treatment, Prosthodontics Treatment, OMS, Others) By Type (Inbound v/s Outbound) By Region, Company Forecast & Opportunities, 2028” has evaluated the future growth potential of global dental tourism market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of global dental tourism market.

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Kumar
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