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Dental Tourism Global Market Report 2024 Market Size, Trends And Forecast Report 2024-2033
Dental Tourism Global Market Report
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According to The Business Research Company's, The dental tourism market size has grown rapidly in recent years. It will grow from $5.79 billion in 2023 to $6.49 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to rising dental care costs in developed countries, increasing awareness of affordable treatment options abroad, growing internet accessibility, rising popularity of medical tourism, and increasing number of dental clinics.
The dental tourism market size is expected to see rapid growth in the next few years. It will grow to $10.35 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to the expanding global middle-class population seeking cost-effective dental care, growing acceptance of international accreditation standards for dental clinics, rising prevalence of dental insurance, rising number of qualified and experienced dental professionals, and increasing collaborations between dental professionals and tourism agencies. Major trends in the forecast period include adoption of tele-dentistry for remote consultations and follow-ups, development of digital platforms for booking and reviewing dental tourism services, advanced technologies, the emergence of technologically sophisticated dental clinics, and integration of eco-friendly practices in dental tourism.
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Market Drivers and Trends:
The rising prevalence of oral diseases is expected to propel the growth of the dental tourism market going forward. Oral diseases refer to conditions affecting the teeth, gums, and oral cavity, including dental caries, periodontal diseases, and oral cancer. The increasing number of oral disease cases is due to several factors, such as poor oral hygiene practices, unhealthy dietary habits, and inadequate dental care services. Dental tourism significantly improves oral health for individuals who might not otherwise have the means or opportunity to receive such treatments by providing access to affordable, high-quality, and timely dental care. For instance, in November 2022, according to the report published by the World Health Organization (WHO), a Switzerland-based intergovernmental organization, nearly half of the global population (45% or 3.5 billion people) suffer from oral diseases, primarily in low- and middle-income countries. Further, untreated dental caries affect 2.5 billion, severe gum disease 1 billion, and there are 380,000 new oral cancer cases annually. Therefore, the rising prevalence of oral diseases is driving the growth of the dental tourism market.
Major companies operating in the dental tourism market are focusing on offering advanced quality and accessible dental care services to attract international patients. Advanced quality and accessible dental care solutions refer to innovative, high-standard dental services readily obtainable for patients, ensuring effective treatment and improved oral health outcomes. For instance, in October 2022, MOS Dental, a Thailand-based dental care provider, unveiled its 28th clinic in Bangkok. This expansion aims to bring quality and accessible dental care to a broader network. The clinic features state-of-the-art equipment and offers services such as digital smile design and laser dentistry, enhancing patient care and experience.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Aetna Inc., Apollo Hospitals Enterprise Ltd., Fortis Healthcare Limited, KPJ Healthcare Berhad, Raffles Medical Group, Prince Court Medical Centre, Dental Arch Gurgaon, FMS Dental Hospital, Clove Dental, Nexus Pharma, Dubai Dental Hospital, Franco-Vietnamese Hospital, Liberty Dental Clinic, Max Healthcare, Bangkok International Dental Center (BIDC), Medlife Group, Dent Ally, Oris Dental Centre, Imperial Dental Specialist Center, ARC Dental Clinic
Dental Tourism Market 2024 Key Insights:
• The dental tourism market size is expected to see rapid growth in the next few years. It will grow to $10.35 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%.
• Rising Prevalence Of Oral Diseases Drives Growth In Dental Tourism Market
• Advancements In Dental Tourism And The Expansion Of Quality Care Access
• Asia-Pacific was the largest region in the dental tourism market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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