The Vietnam Dental Services Market is expected to generate Revenue of USD 2.4 Bn in 2026F owing to rising dental problems and in-bound dental tourist: Ken Research
- Ho Chi Minh's population is anticipated to grow at the rate of 2.7%. The residents ease to reach Dental services and facilities gives Ho Chi Minh edge over other cities in Vietnam.
- Majority of the international tourist requiring dental services are in Hanoi than Ho Chi Minh as it is the capital of Vietnam.
- Number of college graduates for doctors are 109.5 thousand out of which 500 are dentists in Vietnam, 2021.
GURUGRAM, India, Sept. 12, 2022 /PRNewswire/ --
Rising awareness of Dental Services: Changes in lifestyle and diet have caused several health issues in Vietnam, including those related to dental health. The dental services market growth will be influenced by the rise in periodontitis and teeth decay. In addition, a rise in demand for aesthetic and cosmetic dentistry will also help the market grow.
Shift Towards Subscription-Based Coverage: Subscription dental services are a solution for both patients and dentists. These services offer an annualized or monthly rate that covers regular cleanings, x-rays, and even fillings or other surgery. They can be cost-effective for patients while guaranteeing more revenue for dental practices. With rising per capita income and insurance cover, this model can lead to market growth.
Digital Healthcare: Telemedicine, AI and Big Data adoption in healthcare have received tremendous support from the government. Foreign investors are also motivated to join. Thus, this trend may continue and enable Vietnam to achieve its goal "health for all" which would make dental services more accessible and affordable thus increasing demand and driving growth.
Government Initiative: Government Initiatives of making more people aware of the benefits of Oral Hygiene, providing lucrative offers to Vietnam Dental Tourists and providing aids to those pursuing dentistry as Higher Education to ensure that the dentists per 1000 population reaches the adequate number will change the future dynamics of Vietnam Dental Services Market.
The report "Vietnam Dental Services Market Outlook to 2026F– Driven by Rising Dental Awareness, Dental Tourism, Lower Dental Services Cost and Government's Strong Initiatives in Healthcare System" by Ken Research provides a comprehensive analysis of the potential of Dental Services Industry in Vietnam. The rising Dental consciousness among the population, along with the growing Dental Tourism and Government Initiatives, is expected to contribute to the market growth over the forecast period. The Vietnam Dental Services Market is expected to grow at a CAGR of 6.0% over the forecasted period 2021-2026F.
Key Segments Covered:-
Vietnam Dental Services Market
By Types of Services
- Endodontics
- Cosmetic Dentistry
- Prosthodontics
- Orthodontics
- Periodontics
- Others (wisdom teeth removal, facial trauma, corrective jaw surgery and other minor surgeries)
By End Users
- Dental Clinics (Organized + Unorganized)
- Hospitals
By Dental Clinics
- Unorganized Dental Clinics
- Organized Dental Clinics
By Revenue Division
- Domestic
- International Tourist
By Cities
- Ho Chi Minh
- Hanoi
- Haiphong
- Can Tho
- Dong Nai
- Others (Da Nang, Khanh Hoa, Thank Hoa, Dac Lac, etc)
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Key Target Audience
- Dental Service Providers
- Dental Equipment Distributors
- Dental Equipment Manufacturers
- Dental Clinics
- Hospitals
- Healthcare Companies
- Pharmaceutical Companies
- Tourism Agencies
- Government Bodies & Regulating Authorities
Time Period Captured in the Report:-
- Historical Year: 2018-2021
- Base Year: 2021
- Forecast Period: 2021– 2026F
Companies Covered:-
Dental Services Providers
- Nha Khoa Kim
- Nha Khoa Paris Dental Group
- Nha Khoa Dang Luu
- Anna Dental Care
- Nha Khoa parkway
- Nha Khoa Lan Anh
- SaiGon BH Dental Clinic
- Westway Dental Clinic
- Viet Duc International Dental Clinic
- Serenity International Dental Centre
- Camtu Dental
- Westcoast International Dental Clinic
- The East Rose Dental
- Elite Dental Group
- Starlight Dental Clinic
- Australian Dental Clinic
Key Topics Covered in the Report:-
- Vietnam Dental Services Market Overview
- Vietnam Healthcare Overview
- Ecosystem of Vietnam Dental Services Market
- Business Cycle and Genesis of Vietnam Dental Services Market
- End User Analysis of Vietnam Dental Services Market
- Consumer Journey in Vietnam Dental Services Market
- Consumer Pain Points in Vietnam Dental Services Market
- Industry Analysis of Vietnam Dental Services Market
- SWOT Analysis of Vietnam Dental Services Market
- Key Growth Drivers in Dental Service Market in Vietnam
- Major Challenges and Bottlenecks in Vietnam Dental Services Market
- Regulatory Framework in Vietnam Dental Services Market
- Competitive Landscape in in Vietnam Dental Services Market
- Market Share of Major Dental Services Providers in Vietnam Dental Services Market
- Detailed Analysis on Vietnam Dental Services Market (Market Size and Segmentation, 2016-2021; Future Market Size and Segmentation, 2021-2026F)
- Market Opportunity and Analyst Recommendations
For more information on the research report, refer to below link:-
Vietnam Dental Services Market
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