The Latin America, Middle East and Africa Dental Tourism Market would witness market growth of 25.4% CAGR during the forecast period (2022-2028).
The dental tourism market has provided methods for people who can’t wait for treatment in their home country and avoid long queues by traveling overseas for treatment. Hence, to save time and prevent worsening of their medical issues, many patients depend on dental tourism and travel overseas to nations that offer procedures immediately. Also, governments of various nations are concentrating on promoting health and wellness tourism in their countries through numerous strategies and schemes. Robust government assistance is thereby expected to drive market growth.
Such contracts are driven by long waiting lists and a lack of specific equipment and specialists in the native country. These patients typically travel relatively short distances, and contracted services are likely to subject to robust safety audits and quality assurance. Generally, medical tourism refers to patients who are mobile of their own volition. Such medical tourists don’t use offers by the government authorities. Still, they prefer to pay out-of-pocket and are better cast as consumers than as individuals exercising their rights.
Saudi Arabian healthcare-based tourism is expected to grow due to the strong and well-established healthcare ecosystem and the quintessential spiritual identity of the nation. Saudi Arabia's medical tourism industry has all the essential features required for a thriving medical tourism industry, like modern, well-furnished hospitals, a well-equipped private healthcare sector, doctors, and specialists trained in well-known foreign institutions, coupled with a stable and peaceful political environment. In addition, various government initiatives are being introduced to promote the healthcare sector, which will increase Saudi Arabian healthcare-based tourism. The ever-growing healthcare system in the region, due to various government schemes and the presence of robust healthcare-based tourism, is expected to surge the market for dental tourism in the LAMEA region.
The Brazil market dominated the LAMEA Dental Tourism Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $344.7 Million by 2028. The Argentina market is experiencing a CAGR of 26% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 25% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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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