The Dental tourism is a procedure where a patient having dental caries travel to other region for dental checkup and cure in order to get proficient and cost saving dental treatments. The dental care is luxurious in all the underdeveloped countries of the globe along with numerous advanced regions with Universal Healthcare Policies such as Canada and United Kingdom where patients are pugnacious for the indispensable affordable dental treatment. Therefore, the existence of luxurious dental treatment in developed regions influence the growth of market in the developing economies, thereby boost the growth of market over the review years.
According to the report analysis, ‘Global Dental Tourism Market to reach USD 6.54 Billion by 2026’ states that in the worldwide dental tourism market there are numerous companies which recently functioning more meritoriously for leading the maximum market growth and accounting the handsome value of market share across the globe while diminishing the interconnected prices, employing the young work force, developing the applications of such, studying and monitoring the strategies and policies of the government as well as competitors, spreading the awareness related to the applications of such and establishing the numerous research and development programs includes Danaher Corporation, Biolase Inc., Straumann, Henry Schein, Zimmer Biomet Holdings Inc., Planmeca Oy, Patterson Companies Inc., Dentsply Sirona, Ivoclar Vivadent, Carestream Health and several others.
The worldwide Dental Tourism market
is worth roughly USD 2.64 Billion during 2018 and is expected to develop with a
growth rate of more than 12% over the review duration 2019-2026. Across United
States, where entire healthcare treatment is luxurious, dental costs are
unattainably exclusive for the average income earner. For instance: during
2018, according to an online poll of over 1,229 functioning adults across the
United States accompanied by Unum Group, over 46% of women and 37% of men are
worried about dental costs. Also, as per analysis by Foundation for Economic
Education (FEE), every year over 800,000 Americans travels to ultramarine
regions for the dental care. Thus, individuals with lower or average income
assembly in United States prefer foreign regions for proficient low-cost dental
treatment. In addition, during the Asia Pacific region, Thailand is the leading
region in medical and dental tourism and preferred as most preferred dental
tourism destinations from over 20 years owing to the accessibility of lower
price dental treatment. Furthermore, the Mexico appeared out as the foremost
dental tourism country due to its lower dental treatment infrastructure.
As per the Dently.org, patient can
save around 50% of total cost on dental care by travelling abroad, dental
implants across the United States cost USD 3,900 and in Thailand it cost nearly
USD 1,900 and approximately USD 1,300 across Mexico. Similarly, combined filing
across United States costs nearly USD 155 whereas across Thailand and Mexico it
cost approximately USD 38 and USD 51 respectively. However, expensive
travelling cost is expected to ristrict the growth of market over the upcoming
years.
Although, based on the regional
analysis of worldwide Dental Tourism market is considered for the foremost
regions such as Asia Pacific, North America, Europe, Latin America and Rest of
the World. The Asia pacific is the principal and fastest increasing region in
the worldwide dental tourism market owing to the less luxurious cost of dental
treatments in the region and increase in disposable income of people around the
globe. Therefore, it is anticipated that the market of dental tourism will
increase around the globe more positively over the forthcoming years.
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Ankur Gupta, Head Marketing &
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