Crowded Dental Tourism Market - A Challenge for Providers' S

1. Crowded Dental Tourism Market A Challenge for Providers' Survival

2. With increasing awareness of the potential of the dental tourism, more and more dental clinics are trying to get into the business of attracting “foreign patients”. • But how easy is it and what it takes to be a competitive player in such an unpredictable industry? Company Logo

3. PramodGoel, CEO and founder of PlacidWay, a leader in global medical travel and tourism, has found out what are the key factors when choosing a medical provider and what are the main trends of this industry. Company Logo

4. Why would you choose to go to another country for dental care? • No dental insurance • Avoid excruciating costs in developed countries • Holiday in a foreign country e.g. Dental implants - U.S. - $4,000 - U.K. - $3,500 - Thailand - $1,500 - Turkey - $1,000 - Mexico, Costa Rica, Colombia - $850 - India, Argentina - $750 Company Logo

5. Price being the main driving force towards the expansion of the industry, countries such as India, Thailand, Mexico, Costa Rica, Colombia, Turkey and countries in eastern Europe have a big advantage due to lower cost of dental services. They can compete on price! Company Logo

6. Dental Tourism Trends for 2014 Regional Solutions: The dental tourism demand will continue to expand and PlacidWayhas defined the main trends in this market: • Dental tourism is a regional solution where distance traveled is a major factor as it equates to costs of travel. • North Americans will travel to Latin America, Europeanswill travel to Eastern Europe, Asians will travel within Asia, Australians will go to South East Asia. Company Logo

7. Dental Tourism Trends for 2014 Costs/Price War:  • People will look for deals • People look for total return on investment, including treatment cost, travel cost, lodging and incidental expenses. • People travel when savings are significant Company Logo

8. Huge Competition: • All dental clinics no matter of their size or infrastructure are trying to compete under similar pretense and trying to attract the same patients. • This is creating chaos, confusion, and blurring of lines between good, bad, and ugly. This is propelling a price war! Company Logo

9. Transparency: • This is a growing concern in the dental tourism marketplace, as there are instances when what is being marketed versus what is being delivered varied significantly. Company Logo

10. The dental tourism market is definitely moving towards a commodity-type market, where there are many suppliers and the demand for those services is becoming a common place. • In order to gain a competitive advantage, the dental clinics need to re-think more strategically and systematically to differentiate their specific offerings beyond costs, quality, and services. • Therefore, to stay a competitive player in the market, dental providers have to think more strategically and differentiate through innovation, efficiency, talent and the services offered. Company Logo

11. Your best resource for Medical Tourism Ask for a Quote, it’s FREE https://www.placidway.com/request-info.php www.placidway.com Company Logo

12. info@placidway.com Phone Number:+1.303.500.3821 Castle Rock, Colorado www.facebook.com/PlacidWay www.twitter.com/PlacidWay https://www.youtube.com/user/placidways http://pinterest.com/placidway/ https://plus.google.com/111891372235542070653 Company Logo