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Source: Adroit Market Research

Dental Tourism Market to Grow at 12% CAGR to Hit $5.83 billion by 2025 - Adroit Market Research

Europe is expected to emerge as a most lucrative market for dental tourism owing to presence of countries such as Hungary, Poland, and Spain which are major dental tourism locations. The leading European countries for dental care accounted for more than 20% of the global dental tourism market during the forecast period.

Dallas, Texas, April 11, 2019 (GLOBE NEWSWIRE) -- Proficient care offered by international clinics coupled with low cost treatment offered by medical tourism hotspots to spur the demand for dental tourism.

The global dental tourism market is expected to show lucrative growth on account of increasing demand for cosmetic dentistry across the age group 25-45. Developments in CAD/CAM systems has resulted in efficiently designed crowns and bridges for needful. Improved accuracy coupled with less time required to cast crown has benefited the dentists and patients both by reducing chair time. Furthermore, patient’s inclination towards intraoral scanning instead of impression making techniques display that consumers are open to changes happening within the dental industry.

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As advancements in technology and material used for making crowns, bridges, and inlays penetration of CAD/CAM for restorative purpose has been increasing since inception of the technology. As of now CAD/CAM systems offer precisely fitting, durable, and naturally looking crowns and bridges. CAD/CAM has also significantly reduced chair time for patients. Previously time taken to take impressions ranged between 10-25 minutes whereas CAD/CAM takes 4-15 minutes of time.

The global dental tourism market size is estimated to be worth USD 5.83 billion by 2025 driven by the non-availability of insurance cover for dental procedures and increasing cost of treatment in developed countries.

The “Global Dental Tourism Market Size by Treatment Type (Preventive Treatment, Restorative Treatment, Prosthodontics Treatment, OMS, and Other Treatments), By Region (Hungary, Poland, Spain, Turkey, Malaysia, Thailand, South Korea, Philippines, India, Mexico, Brazil, Colombia, Costa Rica, UAE) and Forecast 2018 to 2025” study provides an elaborative view of historic, present and forecasted market estimates.

The report examines various aspects of the dental industry by assessing the market using market drivers, restraints, opportunities, patient profiles, and demographic analysis. The report highlights a qualitative insights on market drivers, market restraints and key industry trends of the dental tourism market.
Over time, numerous associations and government agencies have taken several steps to support, promote and develop wellness and dental tourism. In Asia, which is a hub for medical tourism, associations between the governments and non-governmental bodies are growing. For instance, after realizing the potential of medical tourism among international tourists, the Ministry of Tourism of India formulated certain guidelines to promote India as a holistic tourism destination. The government is offering varied tourism products throughout the year and therefore, enhancing the growth of the market.
To attract international patients, several regions have emphasized on providing access to high quality technology at nominal prices. In certain cases, the high value of currency makes medical services more expensive in comparison with neighboring countries. For instance, there is a significant difference in dental treatment prices between Malaysia, Thailand and India. In Thailand, the development of the country with government support as a medical hub has been established through the prime minister’s special committee. The ministry of public health has drafted a 2nd strategic plan in order to enhance the growth of Thailand’s health services for international patients.

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By treatment type, the dental tourism market has been segmented into Preventive treatment, Restorative treatment, Prosthodontics treatment, OMS treatment, and others. In 2017, Prosthodontics treatment accounted for more than 30% and is expected to grow at a CAGR of 13.2% from 2018-2025. Prosthodontics is a specialty of dentistry that deals with diagnosis and treatment planning, restorative management and maintenance of patients with missing teeth or missing hard and soft tissues in the maxillofacial region. Prosthodontics is one of the nine dental specialties (prosthodontics, periodontics, pediatric dentistry, orthodontics, oral pathology, oral radiology, oral surgery, endodontics, and public health dentistry) and is a major component of the typical general practice.

In terms of regional analysis, Europe dental tourism market size was USD 689.4 million in 2017 led by Hungary, Poland and Bulgaria. The leading European countries for dental care accounted for more than 20% of the global dental tourism during the forecast period. Moreover, In European countries such as UK, Germany and France the dental patients have to wait for around 60 days to 90 days for an appointment. For instance, according to National Health Service NHS, in United Kingdom more than 150 thousand patients have already taken appointment and waiting for dental procedures. Due to which majority of patients travel to neighbouring places such as Hungary and Spain for quality dental treatment, which are less expensive compared to the cost of dental care in United Kingdom. Increasing awareness about the benefits about the dental tourism industry as well as increasing cost benefits are driving the market further. Manu patients from the U.S. and Canada travel to these European countries in order to obtain high quality treatments in low price.

The global dental tourism market competitive landscape is fragmented in nature pertaining to presence of hospital chains across various countries. Major hospitals include, Apollo Hospitals Enterprise Ltd, Bangkok International Dental Center, Fortis Healthcare, Bali International Dental Center, Dentaglobal Clinic, Imperial Dental Specialist Center, and many more.

Major points from Table of Contents:

Chapter 1       Executive Summary
Chapter 2       Research Methodology
Chapter 3       Market Outlook
Chapter 4       Patient Profile
Chapter 5       Global Dental Tourism Market, by Treatment Type
Chapter 6       Global Dental Tourism Market Overview, By Region
Continued…

Grasp additional knowledge on Dental Tourism Industry through in-depth Blogs, Case Study, White Paper & Infographics:

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Read the in depth blog titled “The What, Why, Where And How Of Dental Tourism” @ https://www.adroitmarketresearch.com/blogs/the-what-why-where-and-how-of-dental-tourism

Infographic “Global Dental Tourism Market Size And Forecast 2018-2025” @ https://www.adroitmarketresearch.com/infographics/dental-tourism-market

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