Dental Tourism by Dr Prem | DrPrem.com

Dr Prem Jagyasi
Dr Prem JagyasiAward Winning Global Leader & Speaker | CEO - Dr Prem & Associates | Founder - Dr Prem Web Magazine Network | DrPrem.com
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
Dental Tourism
Terms, Trends, Opportunities and Challenges
Dr Prem
MD & CEO – Dr Prem and Associates
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
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
How big is the industry? The argument.
Medical
Tourism $60b
Dental Tourism
$20b
Wellness
Tourism $500b
Estimated Figures
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
-REVENUEBOOST
-REPUTATIONBOOST
-SOCIALECONOMICBOOST
-GDPGROWTH
-TOURISMBOOST
-INTELLECTUALGAIN
Impact of Medical
Tourism and Dental
Tourism
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
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
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
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
Dr Prem Jagyasi | info@drprem.com | DrPrem.com7
DonotCopy|DoNotDistribute|DonotPresent|DoNotAmend–NoLiability
MedicalTourism–Copyright–DrPrem|www.DrPrem.com
DowehavesolutionforGlobal
HealthcareCrises?
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
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
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
Cost Saving in Dental Tourism
0
500
1000
1500
2000
2500
3000
3500
Dental Filling Root Canal Dentures
West
India
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
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
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
Medical Tourism Destination
Research – Key Decision Factors
Quality
Technology,…
Accessibility
Recognition
Popularity
Affiliation with…
Government…
Cultural and…
Note: Price is Excluded
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
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
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
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)
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
Medical & Dental Tourism Success
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
Concerns
• Infrastructure
• Hygiene
• Pollution
Poor
Perceptions
• No Uniformity
• No standardization
Accreditation
• Inadequate Coverage
• Insurance Frauds
• Lack of Global Players
• No Reimbursement
policies
Medical
Insurance
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
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
1. Partnership
( 7 P of Dr Prem )
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
2. Product - Price
( 7 P of Dr Prem )
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
3. Performance
Showcase
( 7 P of Dr Prem )
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
4. Penetration
( 7 P of Dr Prem )
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
5. Promotion
( 7 P of Dr Prem )
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
6. Participation
( 7 P of Dr Prem )
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
7. Positioning
( 7 P of Dr Prem )
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
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
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
Dr Prem Jagyasi | info@drprem.com | DrPrem.com
Dental Tourism
Terms, Trends, Opportunities and Challenges
Dr Prem
MD & CEO – Dr Prem and Associates
1 of 26

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Dental Tourism by Dr Prem | DrPrem.com

  • 1. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 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
  • 3. Dr Prem Jagyasi | info@drprem.com | DrPrem.com How big is the industry? The argument. Medical Tourism $60b Dental Tourism $20b Wellness Tourism $500b Estimated Figures
  • 4. Dr Prem Jagyasi | info@drprem.com | DrPrem.com -REVENUEBOOST -REPUTATIONBOOST -SOCIALECONOMICBOOST -GDPGROWTH -TOURISMBOOST -INTELLECTUALGAIN Impact of Medical Tourism and Dental Tourism
  • 5. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 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
  • 6. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 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
  • 7. Dr Prem Jagyasi | info@drprem.com | DrPrem.com7 DonotCopy|DoNotDistribute|DonotPresent|DoNotAmend–NoLiability MedicalTourism–Copyright–DrPrem|www.DrPrem.com DowehavesolutionforGlobal HealthcareCrises?
  • 8. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 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
  • 9. Dr Prem Jagyasi | info@drprem.com | DrPrem.com Cost Saving in Dental Tourism 0 500 1000 1500 2000 2500 3000 3500 Dental Filling Root Canal Dentures West India
  • 10. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 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
  • 11. Dr Prem Jagyasi | info@drprem.com | DrPrem.com Medical Tourism Destination Research – Key Decision Factors Quality Technology,… Accessibility Recognition Popularity Affiliation with… Government… Cultural and… Note: Price is Excluded
  • 12. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 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
  • 13. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 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)
  • 14. Dr Prem Jagyasi | info@drprem.com | DrPrem.com Medical & Dental Tourism Success
  • 15. Dr Prem Jagyasi | info@drprem.com | DrPrem.com Concerns • Infrastructure • Hygiene • Pollution Poor Perceptions • No Uniformity • No standardization Accreditation • Inadequate Coverage • Insurance Frauds • Lack of Global Players • No Reimbursement policies Medical Insurance
  • 16. 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
  • 17. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 1. Partnership ( 7 P of Dr Prem )
  • 18. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 2. Product - Price ( 7 P of Dr Prem )
  • 19. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 3. Performance Showcase ( 7 P of Dr Prem )
  • 20. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 4. Penetration ( 7 P of Dr Prem )
  • 21. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 5. Promotion ( 7 P of Dr Prem )
  • 22. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 6. Participation ( 7 P of Dr Prem )
  • 23. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 7. Positioning ( 7 P of Dr Prem )
  • 24. Dr Prem Jagyasi | info@drprem.com | DrPrem.com 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