India Dental Care Service Market Outlook to 2020 - Increasing Awareness on Oral Care and Rising Number of Organized Players to Foster Future Growth" provides a comprehensive analysis of the various aspects such as market size of India dental care services market. The report covers various aspects such as market size of India dental care services market, segmentation on the basis of type of cities, market structure, type of dental services, domestic and foreign customers and others. The report also covers market in different aspects such as market size, segmentation of market on the basis of Gender, Age and by Area in the market. The report will help industry consultants, dental services providers, hospitals and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Indian dental service industry comprises of dentists and dental ancillary. This industry has shown a phenomenal compounded annual growth rate of ~% for the period ranging from FY 2010 to FY 2015 with increased dental awareness and disposable income, resulting which it has reported a valuation of INR ~ million in FY 2015. In the past five years, the growth in the dental care market of India has been spurred by rising elderly population, changing lifestyles leading to oral problems, increased healthcare expenditure by the government as well as households.
The dental services market is highly unorganized with ~% of the dentists operating standalone clinics. However, large dental chains including Denty’s, My Family Dentist, Dentistree, Smilekraft and others are trying to capture a fair share of the market revenues by providing high quality treatments and competitive rates. The dental clinics have been concentrated majorly in the Tier I areas of the country with a share of ~% of the total dental clinics in the country. Additionally, the revenues generated from treatment undertaken by domestic residents have been registered as ~% in FY’2015 as against foreign tourist share of ~% during the same period. The Endodontics dental service has been the largest revenue generating segment in the dental care services market, with a share of ~% in the overall organized market revenues during FY’2015. The dental cosmetic services along with restoration services which are increasingly becoming popular especially amongst tourists have contributed a revenue share of ~% in the overall dental care services business in FY’2015.
Crowning, dentures and bridging come under the field of prosthodontics. The cost of a dental crown ranges from USD 220-225 in India. On an average, the time involved in a crowning treatment is 2-3 sittings for an individual. Although a dental crown is embedded for a lifetime, in most of the cases it also depends on patient profile. Dentists recommend patients to dispose-off dentures after 3-7 years.
The organized market for dental care services in India has witnessed presence of leading dental chains including My Dentist, Clove Dental, Apollo white dental and many others. In FY’2015, Mydentist report to have maximum market share of ~% with estimated revenue of INR ~million in FY`2015. Apollo White Dental being joint venture of leading healthcare groups, Apollo Hospital & Trivitron Healthcare, it cherishes good brand recognition value with a market contribution of ~% to overall market revenues during FY’2015.
The revenues of the dental care market in India has been projected to incline at a CAGR of ~% during FY”2016-FY’2020 and reach over INR 14,700 crore by FY’2020. The dental care market is anticipated to witness a growth in the number of dental chains which would expand the share of organized dental clinics in the country. Dentists in the country have been focusing on increasing their presence on social media platforms.
Key Topics Covered:
- The market size of India Dental Care Services Market by Revenues, Number of Dentists and Number of Dental Clinics
- Market segmentation of India dental care services market on the basis of types of dental care services, by customer’s domestic and foreign, by cities and by market structure.
- Cost structure of major dental services in the India.
- Profiles of patients in India dental care services market.
- SWOT Analysis, Trends and Developments in India dental care market.
- Cost and Investment required to set up a dental service clinic in India
- Growth Drivers and Issues and Challenges in India dental care market.
- Competitive landscape and detailed company profiles of the major dental chains in India dental care service market
- Government Regulations in India Dental Care Service Market
- Future outlook and projections of India dental care services market.
- Analyst Recommendations
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