China Dental Industry Report 2016 - Orthodontics, Tooth Implantation, and Teeth Whitening - Research and Markets
DUBLIN, May 31, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "China Dental Industry Report, 2016-2020" report to their offering.
The dental industry refers to medical industrial chain on the basis of oral medical consumption, consisting mainly of dental apparatus (equipments and consumables), dental medical services, etc. With the synergy of deepening implementation of new medical reform, growing per capita disposable income and raising public awareness over health, China's dental industry has witnessed robust development in recent years. The scale of dental apparatus and relevant medical services industry was roughly RMB40 billion in 2015 and is expected to hit at least RMB150 billion in 2020.
Dental apparatus: There are a great variety of dental apparatus and consumables and numerous manufacturers in China, presenting a relatively low market concentration. The revenue of enterprises each with annual revenue of RMB20 million or more from their main business operations exceeded RMB5 billion in 2015. However, the mid- to high-end market is dominated by foreign brands which entered the Chinese market via agents or branches in the early days, and some of them out of optimism about the Chinese market have built production bases in China. For example, Foshan has gathered 17 world-renowned dental equipment manufacturers including Sirona Dental.
However, China's domestic dental apparatus companies have made huge breakthroughs in some fields like dental CBCT and invisible appliance.
Hefei Meiya Optoelectronic Technology has become a major supplier of dental CBCT in China. Since the introduction of the products in 2012, the sales volume has doubled every year with a growing tendency of import substitution, and is estimated to reach 350 units in 2015. In 2015, Angel Align, an indigenous Chinese appliance brand, surpassed Align Technology's Invisalign to become the first brand in the Chinese invisible appliance market with a share of 38% (compared with a 35% share for Invisalign in China over the same period).
Dental medical services: The total revenue of stomatological hospitals in China rose from RMB2.37 billion in 2006 to RMB11.39 billion in 2014 at a CAGR of 21.5%. The stomatological hospitals enjoy higher gross margins (among the top three by gross margin) compared with other specialized hospitals, standing at 10.8% in 2010, 11.8% in 2011, 11.9% in 2012, 12.4% in 2013, and 13.1% in 2014.
China Dental Industry Report, 2016-2020 highlights the followings:
- Chinese dental apparatus and materials market (size, imports & exports, competitive landscape, development forecast, etc.);
- Chinese dental medical service market (status quo, competitive landscape, development trends, etc.);
- Market segments (orthodontics, tooth implantation, and teeth whitening) in China (development status, trends, etc.);
- 11 dental apparatus suppliers and 9 private dental medical service companies in China (current development, dental business, development prospects, etc.)
Companies Mentioned
- ARRAIL Dental
- BYBO Dental
- C.K.J Professional Dental
- Dazhong Dental
- Fujian Meisheng Medical Science & Technology Co., Ltd.
- Hefei Meiya Optoelectronic Technology Inc.
- Heraeus Kulzer
- Huamei Dental
- Jiamei Dental
- KaVo Sybron
- Keen Dental
- Modern Dental Group Limited
- Ningbo Runyes Medical Instrument Co., Ltd.
- Northwest Medical Instrument (Group) Co., Ltd.
- Shandong Huge Dental Material Co., Ltd.
- Shandong Sinocera Functional Material Co., Ltd.
- Shanghai Fimet Medical Instrument Co., Ltd.
- Shanghai Fosun Pharmaceutical (Group) Co., Ltd.
- Shenzhen Jiahong Dental Co., Ltd.
- TC Medical
- Weigao Group
- YaFei Dental
For more information visit http://www.researchandmarkets.com/research/p8brrq/china_dental
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