Spurring Investments in Advanced Technologies, Increasing Oral Health Awareness and Rising Dental Tourism to Foster Growth in Philippines Dental Care Market: Ken Research

The dentalcare market in Philippines is expected to grow at a healthy pace owing to surge in the number of patients suffering from oral problems as well with the growing dental health awareness among the country’s population. Further, the growing elderly population of Philippines will continue to act as an important driver of the dental care market. Rising income of consumers would enable them to spend more on oral hygiene which includes oral care products and dental services. Additionally, the rising dental tourism in the country is further anticipated to support the growth of the market in the near future. These factors are expected to continue the rise in the demand for dental care services, equipments and oral care products. The Philippines dental care market is anticipated to rise from USD ~ million in 2014 to USD ~ million in 2019 at a CAGR of 10.4%.

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. This is expected to continue in the near future when online ratings and reviews will be important factors that patients will consider before going to a dentist. Increasing income levels will allow people to opt for restorative and cosmetic treatments.

The oral care market will continue to witness launch of new and innovative products by multinational companies. Use of innovative ingredients will continue to attract customers and therefore drive growth in the oral care market. The initiatives taken by oral care products manufacturers along with the government to make people aware of healthy oral habits will drive growth of secondary oral care products.

According to an industry veteran, “widening distribution channels as well as strengthening partnerships across the value chain to enhance profitability and increased adoption of oral care products will continue to remain an effective strategy of market players”.

 “The rising awareness amongst consumers regarding oral hygiene, increased spending on healthcare infrastructure by the government, rising need to look good and advancements in diagnostic and treatment technology along with rising dental tourism in the Philippines will continue to drive the growth of the Philippines dental care market. However, the resistance in visiting a dentist, immigration of dentists to other counties, excessive dependence on imports of equipments and consumables imports are few restraints which will affect the growth of this industry in the future”, according to the Research Analyst, Ken Research.

The report titled “Philippines Dental Care Market Outlook to 2019” provides detailed overview on the Dental Care Market and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, dental equipments and consumables manufacturers, importers, traders and suppliers, oral care products manufacturers as well as other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Key Topics Covered in the Report:

Philippines Dental Care Market

-          Market Size by Revenue

-          Market Segmentation by

o   Product Categories

o   Types of Dental Care Services

o   Ownership of Clinics

o   Cities

o   Market Structure

o   Dental Equipments and Consumables

o   Mode of Procurement

o   Types of Equipments

o   Types of Consumables

o   End Users

o   Urban and Rural Demand

o   Regional Demand

o   Major Exporting Destinations

-          Profile of Dental Patients

-          Growth Drivers

-          Trends and Development

-          Issues and Challenges

-          SWOT

-          Competition and Market Share

-          Role of Government

-          Future Outlook

-          Analyst Recommendations

-          Macro Economic Parameters

Key Product Mentioned in the Report

Dental Care Services (Cosmetics Dental Services and Restoration, Prosthodontics, Periodontics, Endodontics, Orthodontics, X-Ray And Consultations)

Dental Equipments and Consumables (Dental Chairs and Related Equipments, Dental Drills, Imaging Systems)

Oral Care (Toothbrush and Toothpaste, Mouthwash and Dental Floss, Specialty Products)

Companies Covered in the Report

Metro Dental

Affinity Dental Clinics

Green Apple Dental Group

Dental World Manila

DentCare Plus

Dentsply (Phils) Inc.

3M Philippines, Inc

GC Asia Dental Pte Ltd.

Sirona Dental Systems Inc.

A-dec International Inc.

Colgate-Palmolive Philippines Inc.

Procter & Gamble Philippines Inc.

GlaxoSmithKline Philippines Inc.

Lamoiyan Corporation

Unilever Philippines Inc.

Related Reports:

India Dental Services Industry Outlook To 2018 - Rising Demand For Quality Dental Treatments To Escalate Growth

India Dental Equipments And Consumables Market Outlook To 2018 - Demand For Advanced Dental Diagnostic And Treatment Technologies

India Oral Care Industry Outlook To 2018 - Driven By Premiumization Of Toothpaste And Mouthwashes

Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249