Dental Tourism Market

Dental tourism is becoming a popular trend in developed countries such as the US and the UK where costs associated with dental procedures are comparatively high. Developing countries such as Costa Rica, Hungary, and India are providing the same dental treatments at affordable prices. An average patient saves approximately 50 to 70% on dental treatment when he/she opts for dental tourism. The factors that are anticipated to propel the growth of the global dental tourism market include the availability of low-cost dental services in developing countries, increasing awareness about dental tourism, and increasing number of medical tourism companies. Moreover, language barriers, issues related to the continuity of care, and concerns about the quality of cross-border dental care may hinder the growth of the market during the forecast period.

The global dental tourism market is expected to reach USD 28221.43 million by 2023 from USD 17900.94 million in 2017 and is expected to register a CAGR of 24.27% during the forecast period from 2018 to 2023. In 2017, the market was led by the Europe with a 40.0% share, followed by Asia-Pacific and Americas with shares of 35.9% and 22.1%, respectively.

The global dental tourism market has been segmented based on dental procedure.

On the basis of dental procedure, Dental Implants accounted for the largest market share of 37.5% in 2017, with a market value of USD 6710.11 million, which is projected to register a CAGR of 23.21% during the forecast period.