Dental Tourism Market is Predicted to Attain USD 21.5 Billion by 2031, a CAGR of 13.9% Predicted from 2022 to 2031 As Revealed In New Report

Dental Tourism Market Size, Share, Competitive Landscape and Trend Analysis Report by Services, by Providers : Global Opportunity Analysis and Industry Forecast, 2021-2031

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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Drivers

The growth of the global dental tourism market is driven by several factors, including increased tooth loss rates, high demand for cosmetic dentistry, rising per-person healthcare costs, and the emergence of technologically advanced products. However, market growth is hindered by strict government regulations that prohibit foreign medical treatment. Despite this, the rise in the geriatric population and the availability of advanced healthcare options are making dental tourism increasingly popular worldwide, presenting lucrative opportunities within the industry.

Asia-Pacific Region to maintain its dominance by 2021-

By region, Asia-Pacific dominated the global dental tourism market in 2021, accounting for over half of the revenue. This dominance is attributed to the easy availability of highly experienced dentists and superior infrastructure for dental treatments, which have boosted market growth. However, Europe is expected to experience the fastest growth, with a projected CAGR of 14.8% during the forecast period. This rapid growth is due to the introduction of novel technologies, such as CAD/CAM-based dental restorations, and increased awareness of dental procedures across the region.

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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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.

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

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