The Asia Pacific Dental Tourism Market would witness market growth of 21.8% CAGR during the forecast period (2022-2028).
Medical tourism can be understood as a subset of the broader notion of patient mobility which itself may be subdivided as temporary visits abroad, in which people holidaying abroad who utilize health services due to a sudden illness or accident. These would be considered medical tourists. Long-term residents; a sudden increase in people opting to retire in nations other than their origin country.
Such residents may get health services funded by their country of residence, country of origin, private contribution, or private insurance. Common border; nations with common borders may work jointly in providing cross-national public funding for healthcare services from providers in different nations. Outsourced patients; are those patients that choose to be sent abroad by health agencies utilizing cross-national purchasing agreements.
India holds advantages as a medical tourism destination as most of the doctors and surgeons at Indian hospitals are trained or have worked at some of the most prominent medical institutions in developed nations. Most doctors and nurses in India are fluent in English, which aids in significantly decreasing the communication gap. Top-of-the-line medical and diagnostic equipment from international conglomerates is present at many Indian hospitals. Indian nurses are amongst the best in the world. Nearly 1000 recognized nurses-training centers in India, which are generally attached to teaching hospitals, graduate around 10,000 nurses per year. Travelers with limited budget can also afford first-class service and luxury amenities in the nation. This supports the growth of the regional market.
The China market dominated the Asia Pacific Dental Tourism Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,150.1 Million by 2028. The Japan market is estimated to grow a CAGR of 21% during (2022 - 2028). Additionally, The India market would experience a CAGR of 22.5% during (2022 - 2028).
Based on Service, the market is segmented into Dental Implants, Dental Cosmetics, Orthodontics and Others. Based on Providers, the market is segmented into Dental Clinics, Hospitals and Others. Based on countries, the market is segmented into China, Japan, India, Australia, South Korea, Singapore and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Dental Tourism Market is Projected to reach USD 18.6 Billion by 2028, at a CAGR of 21.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fortis Healthcare Limited (IHH Healthcare Berhad), Apollo Hospitals Enterprise Limited, Raffles Medical Group Ltd., Oris Dental (Bridgepoint Group plc), Clove Dental (Star Dental Centre Private Limited), Medlife Group, Far East Medical Vietnam Limited (FV Hospital), Dubai Dental Hospital, Imperial Dental Specialist Centre, and Thantakit International Dental Center.
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