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06-Nov-2023

Dental Tourism Market Trends : Predicted to Grow at a CAGR of 13.9% from 2022 to 2031, Report

The global dental tourism market 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.

  • CAGR: 13.9%
  • Current Market Size: USD 6.2 Billion
  • Fastest Growing Region: APAC
  • Largest Market: North America
  • Projection Time: 2022-2031
  • Base Year: 2021

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Covid-19 Scenario

  • The global dental tourism market, notably in countries such as India and China, faced substantial setbacks during the COVID-19 pandemic, primarily due to travel bans, disrupted supply chains, and stringent movement limitations.
  • Popular destinations for dental treatments, like India, experienced a sharp decline in incoming patients from neighboring countries, significantly impacting the industry. Fortis Healthcare’s annual report highlighted a significant downturn in the dental tourism sector in 2021, mainly attributed to the stringent global travel restrictions.
  • Nevertheless, there have been encouraging indications of recovery within the dental tourism industry in the post-pandemic phase.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the dental tourism market analysis from 2021 to 2031 to identify the prevailing dental tourism market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the dental tourism market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global dental tourism market trends, key players, market segments, application areas, and market growth strategies.

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Leading Market Players-

  • 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

Dental Tourism Market Segmentation

By Services
  • Dental Implants
  • Orthodontics
  • Dental Cosmetics
  • Others
By Providers
  • Hospitals
  • Dental Clinics
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, UK, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, United Arab Emirates, Saudi Arabia, South Africa, Rest of LAMEA)

 

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Key Findings of the Study

  • By service, the dental implants sub-segment emerged as the global leader in 2021 and dental cosmetics sub-segment is anticipated to be the fastest growing sub-segment during the dental tourism market forecast period.
  • By provider, the dental clinics sub-segment accounted for a height dental tourism market share in 2021 and is predicted to show the fastest growth in the upcoming years.
  • By region, the Asia-Pacific market registered the highest dental tourism market share in 2021 and is projected to maintain the position during the forecast period.

 

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Last Updated: 06-Nov-2023