(PharmaNewsWire.Com, June 28, 2024 ) As per Maximize Market research, Dental Tourism Market was valued at US$ 7.73 Bn in 2023. The Global Dental Tourism Market size is estimated to grow at a CAGR of 13.6% over the forecast period.
“The Asia-Pacific region is expected to hold the largest growth rate in the forecast period of 2024 to 2030.”
Developed nations have seen growing cost of dental treatment. Countries Like Hungary treats patients mostly from European region and is expected to grow with 12.3% CAGR. India predominantly serves Asian patients and some American. India dominates the South Asian market with 53.9% share. Turkey is expected to account for 66% of Middle East and African market with 16.4% CAGR. “The Future of Medical Tourism in France” article published in January 2020 shows disparity between USA and French Dental industry. A treatment costing 300 $ in US, costs 40$ in France.
The demand for cosmetic dentistry is the driving factor for treatments like Preventive, Restorative, Prosthodontics, OMS and others. The hospital chains hold 47.2% of the market in terms of service. This is followed by multispeciality and independent clinics. The competition among providers and need for cost-effective treatments has been driving factor for this segments growth.
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