The North America Dental Tourism Market would witness market growth of 20.7% CAGR during the forecast period (2022-2028).
A big reason for opting to have a dental care requirement met abroad is the destination's unique tourist experience. Partially the reason for such growth of dental tourism is that the dentists and organizations that offer these services saw the potential in making low-cost holiday arrangements that provide both tourist experience and high-quality dental work in the country. This turned out to be an advantageous situation since people like to have a chance to visit and explore a foreign country while also having their dental issues solved by experts.
Dental tourism is taking steps at a phenomenal speed to become one of the fastest-growing fields in medical tourism. It revolves around people traveling overseas to get painless, low-cost, and state-of-the-art dental treatments. It is generally joined with a holiday, or a tourist experience of the destination people travel to for their dental treatments. Due to the enhanced opportunities, dental tourism has become an increasing trend and is getting famous globally. Dental tourism is a prominent field and has been on the list of fastest-growing industries due to the high quality of dentistry offered.
The Government of Canada introduced the “Canada Dental Benefit.” The interim Canada Dental Benefit aims to aid the lower dental costs for eligible families with an annual earning of less than $90,000. Parents and guardians can avail if the child receiving dental care is under 12 and doesn’t have access to a private dental insurance plan. Initiatives like this attract people to get treatment in these nations where they may get treatment of high quality at low prices. Also, national oral healthcare has significantly changed education, financing, workforce, and practice. The government of the US has made several efforts to enhance access to care and make the population aware of the importance of good oral health. This supports the growth of the regional market.
The US market dominated the North America Dental Tourism Market by Country in 2021 and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,673.1 Million by 2028. The Canada market is poised to grow at a CAGR of 23.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 22.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Dental Tourism Market is Predict to reach $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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