Press release
Dental Tourism Market is Predicted to Surpass USD 21.5 Billion by 2031
Allied Market Research published a report, titled, "Dental Tourism Market by Services (Dental Implants, Orthodontics, Dental Cosmetics, Others), by Providers (Hospitals, Dental Clinics, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global dental tourism industry generated $6.2 billion in 2021 and is anticipated to generate $21.5 billion by 2031, witnessing a CAGR of 13.9% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/75029
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ, ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ, ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ-
Increased tooth loss rates, high demand for cosmetic dentistry, rising per-person healthcare costs, and emergence of technologically advanced products drive the growth of the global dental tourism market. However, the strict government restrictions on prohibiting foreign medical treatment hinder the market growth. Furthermore, with the rise in the geriatric population and advanced healthcare options, dental tourism is becoming more and more popular worldwide, thus offering lucrative opportunities in the industry.
๐๐จ๐ฏ๐ข๐-19 ๐๐๐๐ง๐๐ซ๐ข๐จ
The COVID-19 pandemic had adverse effects on the dental tourism market worldwide, particularly in countries like India and China, which were popular destinations for dental tourism. The imposition of travel bans, supply chain disruptions, and movement restrictions had a severe impact on this industry during the initial years of the pandemic.
The dental tourism market in India was hit hard by the travel restrictions, which prevented patients from neighboring countries from seeking dental treatment. According to Fortis Healthcare's annual report, the dental tourism industry witnessed a significant decline in 2021 due to global travel restrictions.
However, the dental tourism industry has shown signs of recovery post-pandemic.
๐๐ก๐ ๐๐๐ง๐ญ๐๐ฅ ๐ข๐ฆ๐ฉ๐ฅ๐๐ง๐ญ๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐-
By services, the dental implants segment held the highest market share in 2021, accounting for more than two-fifths of the global dental tourism market revenue and is estimated to maintain its leadership status throughout the forecast period. This is because dental implants are long-term replacements that are described as a restorative treatment that protects and supports natural bone while also acting as a secure foundation for a prosthesis. However, the dental cosmetics segment would display the fastest CAGR of 14.8% during the forecast period. This is due to the rise in the prevalence of dental disorders such as periodontal disease, tooth decay, gum disease, and dental cavities, as well as an increase in the geriatric population, which is more prone to tooth-related problems.
๐ท๐๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐น๐๐๐๐๐ (220 ๐ท๐๐๐๐ ๐ท๐ซ๐ญ ๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐, ๐ช๐๐๐๐๐, ๐ป๐๐๐๐๐, ๐๐๐ ๐ญ๐๐๐๐๐๐) @ https://www.alliedmarketresearch.com/checkout-final/dental-tourism-market
The dental clinics segment to grab the lion's share during the forecast period
By providers, the dental clinics segment held the highest market share in 2021, contributing to nearly three-fourths of the global dental tourism market revenue, and is estimated to maintain its lion's share throughout the forecast period. Also, the same segment is projected to cite the highest CAGR of 14.2% during the forecast period. This is due to the rising demand for cost-effective treatments. Moreover, healthcare systems around the world believe that the risk of infection in clinics is comparatively lower than in hospitals.
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐๐ฒ 2021-
By region, Asia-Pacific held the major share in 2021, garnering more than half of the global dental tourism market revenue and is projected to rule the roost by 2031. This is due to the easy availability of dentists with rich experience. Also, superior infrastructure for dental treatment has supplemented the market growth. However, the Europe region would portray the fastest CAGR of 14.8% during the forecast period. This is owing to the introduction of novel technologies, such as CAD/CAM-based dental restorations and high awareness of dental procedures across the province.
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ-
Liberty Dental Clinic
Dubai Dental Hospital
Imperial Dental Specialist Center
Medlife Group
clove dental
Apollo Hospitals Enterprise Ltd.
Franco-Vietnamese Hospital
raffles medical group
Fortis Healthcare
Oris Dental Centre
The report provides a detailed analysis of these key players in the global dental tourism market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting the business performance, operating segments, product portfolio, and strategic moves of the market players.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐- https://www.alliedmarketresearch.com/dental-tourism-market-A74545
๐ป๐๐๐๐ ๐๐๐ ๐น๐๐๐๐๐๐ ๐๐ ๐ฏ๐๐๐๐๐๐๐๐๐ ๐ฐ๐๐ ๐๐๐๐๐ (๐ฉ๐๐๐ ๐ต๐๐ ๐๐๐๐ 10% ๐ซ๐๐๐๐๐๐๐):
๐๐๐๐ข๐๐๐ฅ ๐๐ฅ๐จ๐ญ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/medical-clothing-market-A17602
๐บ๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ https://www.alliedmarketresearch.com/sharps-containers-market-A17525
๐๐๐ซ๐๐ฌ๐ญ๐ก๐๐ฌ๐ข๐ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/paresthesia-treatment-market-A17080
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