What is Dental Tourism? Why Dental Tourism Growing? How to Develop Dental Tourism Practice? What are key Dental Tourism Strategies? Read more about Dr Prem's Dental Tourism Guide at http://drprem.com/medical-tourism
Dr Prem JagyasiAward Winning Global Leader & Speaker | CEO - Dr Prem & Associates | Founder - Dr Prem Web Magazine Network | DrPrem.com
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Dental Tourism
Terms, Trends, Opportunities and Challenges
Dr Prem
MD & CEO – Dr Prem and Associates
2. Dr Prem Jagyasi | info@drprem.com | DrPrem.com
Topic Landscape
Dental
Tourism
Growth
Dental
Tourism
Trend and
Opportunities
Destination
Evaluation
Growth
Hurdle
Impact of
Dental
Tourism
Role of
Leadership
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How big is the industry? The argument.
Medical
Tourism $60b
Dental Tourism
$20b
Wellness
Tourism $500b
Estimated Figures
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-REVENUEBOOST
-REPUTATIONBOOST
-SOCIALECONOMICBOOST
-GDPGROWTH
-TOURISMBOOST
-INTELLECTUALGAIN
Impact of Medical
Tourism and Dental
Tourism
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Global Struggling Healthcare
US
•High Cost
•Uninsured Population
Canada
•High waiting time
•Shortage of healthcare
resources
Europe
•Aging Population
•Shrinking Revenue
UK
• Lack of Private
Participation
• High waiting time
Japan
•Baby Boomers
•Over Hospital Stay
Africa
• Lack of Appropriate Healthcare Services
• Lack of Quality HealthCare Services
GCC
•Population Growth
•Chronic and Affluent Disorder
•Genetic Disorders
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Key Factor for Global HealthCare Crises
High Cost of Services in Developed World
Lack of Availability of Healthcare Services in Under Developed World
Need of better Healthcare Services in Developing world and GCC countries
Baby Boomers and Ageing Population
Lack of Healthcare Professionals Worldwide
High Pharmaceutical Cost ( Research and Trade Mark Expenses)
High Malpractice Cost
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Who will use Medical Tourism?
Develop
World
Travel For
Affordability
Travel for
Accessibility
Developing
World
Better
Healthcare or
High end
Healthcare
Affluent will
travel for better
and privileged
healthcare
Under
Develop
World
Travel because
Lack of
Healthcare
Affluent will
travel for Better
Healthcare
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Cost Saving in Dental Tourism
0
500
1000
1500
2000
2500
3000
3500
Dental Filling Root Canal Dentures
West
India
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Essential components of Health Tourism Destination
Quality Standards
of Healthcare and
Wellness Services
Popularity of the
Medical Tourism
Destination
Accessibility of the
Destination
Recognition as
Healthcare
Destination
Technology,
Facilities &
Specializations
Government
Support for
Medical Tourism
Cultural and Social
Sensitiveness
Affiliation with
networks,
Channels, Agencies
or Associations
Note: Price is Excluded
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Medical Tourism Destination
Research – Key Decision Factors
Quality
Technology,…
Accessibility
Recognition
Popularity
Affiliation with…
Government…
Cultural and…
Note: Price is Excluded
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Destination Evaluation
0.0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1.0
Tourism
Competitiveness
Tourism
Infrastructure
Air Tarnsport Cultural
Infrastructure
Attitude
Towards
Foreign Visitors
Tourism
Openness
Safety &
Security
US
Germany
Turkey
Jordan
India
Thailand
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Individual's perceptions for taking decision for DentalTourism
Destination
Evaluation
Perception of
Destination
Comfortability of
Destination
Tourism
Opportunities at
Destination
Quality of
Healthcare
Services
Healthcare
Services in
Country
Accreditation /
Regulation in
Country
Price &
Value
Proposition
Procedure Cost
Saving (Weight)
Support Services
Cost Saving
Travel, tourism &
Concierge Cost
Saving
Social and
Security
structure
Security, Safety &
Social Structure
Political Structure
of Country
Cultural Similarity
(Compare to
patients)
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Medical & Dental Tourism Success
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Concerns
• Infrastructure
• Hygiene
• Pollution
Poor
Perceptions
• No Uniformity
• No standardization
Accreditation
• Inadequate Coverage
• Insurance Frauds
• Lack of Global Players
• No Reimbursement
policies
Medical
Insurance
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How to Develop DentalTourism Business?
7 P’s of Dr Prem
Partnership
Product - Price Offering
Performance Showcase
Penetration
Promotion
Participation
Positioning
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1. Partnership
( 7 P of Dr Prem )
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2. Product - Price
( 7 P of Dr Prem )
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3. Performance
Showcase
( 7 P of Dr Prem )
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4. Penetration
( 7 P of Dr Prem )
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5. Promotion
( 7 P of Dr Prem )
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6. Participation
( 7 P of Dr Prem )
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7. Positioning
( 7 P of Dr Prem )
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Value of solution
Benefits
•Quality of
Healthcare Services
• Support Services
•Perception of
destination
Low Cost
• Comparable low
price
•Easy Availability,
accessibility, no
hidden expenses, etc.
Value of Solution
•Affordability
•Availability
•Accessibility
25. Dr Prem Jagyasi | info@drprem.com | DrPrem.com
How to Develop DentalTourism Business?
7 P’s of Dr Prem
Partnership
Product - Price Offering
Performance Showcase
Penetration
Promotion
Participation
Positioning
26. Dr Prem Jagyasi | info@drprem.com | DrPrem.com
Dental Tourism
Terms, Trends, Opportunities and Challenges
Dr Prem
MD & CEO – Dr Prem and Associates