Saturday, August 3, 2019

Rapid Shift from Unorganized to Organized clinics in Vietnam Coupled with Rising Demand for Dental Care Services especially in Cosmetic Dentistry Services have led to Growth in the Dental Services Industry of Vietnam: Ken Research


“Increasing number of people availing dental services due to the increased dental problems among the Vietnamese population is one of the main reasons for the growth in the industry.”

Analysts at Ken Research in their latest publication Vietnam Dental Services Market Outlook to 2023 - By Organized and Unorganized Clinics, By Cities (Ho Chi Minh City, Dong Nai, Hanoi, Haiphong, Binh Duong, Can Tho, Khanh Hoa, Nghe An, An Giang and Others), By Dental Care Services (Prosthodontics, Endodontics, Cosmetic Dentistry, Implantology, Orthodontics, Periodontics and Others), By Domestic and Foreign Customers believes that the companies operating in dental services market of Vietnam can expand their market share by penetrating in the rural areas of the country as that segment in not captured majorly up till now and encourage dental tourism to attract more foreign dental patients. The market is expected to register a positive CAGR of 5.6% in terms of revenue generated through dental services and a CAGR of 2.0% in terms of total number of dental clinics during the forecast period of 2019–2023.

Increasing Dental Problems amongst Vietnamese Citizens: In accordance with the Teeth - Jaw - Face Hospital, more than 90% of Vietnamese people are suffering from dental problems and 85.0% of Vietnamese children are suffering from tooth decay during the year 2018. In addition to that, the proportion of people with tooth decay will increase by 6.64% in those aged 45 years or older in the near future. The growth in the dental problems is increasing the demand for the dental services in Vietnam.

Technological Advancements in Dental procedures: All the clinics in Vietnam use cutting edge technological equipment for instance, digital dentistry, 3D-printing, advanced dental turbines and others which makes the dental treatment efficient and ensures safety in terms of usage. The human error is minimized by the use of this equipment thereby, creating a positive impact on the market.

Rapid Shift from Unorganized to Organized Dental Clinics: Customer preference for organized clinics is increasing majorly due to various reasons such as the wider geographical presence in the country and multiple value added services that these clinics provide to their patients. Some services include guaranteed quality of treatment which rectifies any dissatisfaction, which allows transferring the treatment to other cities as well. For foreigners these transfers of treatment services plays a significant role as they need not stay in a particular city to get treated for a longer period of time. Whereas, other value added services include storage of medical records, payment histories and treatment plans. Organized dental clinics are striving hard to expand their operations in different regions within Vietnam in order to cater to a higher population set and also tap the foreign patients visiting for the dental treatment. Organized clinics which have more than one branch charge a little high as compared to unorganized clinics having a single branch.

Increase in Demand of Cosmetic Dentistry: In recent years, the demand for dental health care and treatment especially cosmetic dentistry was observed to increase. In parallel, there is an explosion of dental services, especially in big cities. The patients visiting for the cosmetic dentistry is high as they are more concerned about their teeth i.e. dental health and smile. Majority of the people coming for the cosmetic dentistry were observed to be women / females in Vietnam.

Key Segments Covered:-
By Market Structure
Organized Dental Clinics
Unorganized Dental Clinics

By Cities:-
Ho Chi Minh City
Dong Nai
Hanoi
Haiphong
Binh Duong
Can Tho
Khanh Hoa
Nghe An
An Giang
Others (Kon Tum, Long An, Phu Tho, Nam Dinh and Rest)

By Type of Dental Care Services:-
Prosthodontics (Porcelain Veneers, Crowns, Fixing Bridges and Dentures)
Endodontics (Treatment of Dental Pulp, Root Canal Treatment)
Cosmetic Dentistry (Cosmetic Teeth Whitening, Cosmetic Teeth Shaping and Cosmetic Teeth Bonding, Carbon Post, Gold Post Core and rest)
Implantology (Dental Implants with artificial tooth)
Orthodontics (Improving irregular teeth with Braces)
Periodontics (Gum Graft Surgery, Laser Treatment, Plastic Surgery and rest)
Others (Consultation, X-ray, Snoring & Sleep Disorder Breathing Treatment, General Anesthesia and rest)

By Type of Customer:-
Domestic
Foreign

By Age Group
Below 15 Years
15-35 Years
36-55 Years
Above 55 Years

By Gender
Male
Female

Key Target Audience:-
Dental Clinics
Tourism Agencies
Entities looking to invest in Vietnam Dental clinics
Dental Equipment Manufacturers

Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2019-2023

Dental Clinics Covered in Vietnam Dental Services Market:-
Kim Dental
Serenity Dental Clinic
Starlight Dental Clinic
Australian Dental Clinic
Dr Hung & Associates Dental Clinic
I-Dent Dental Implant Center

Pricing Analysis Covered in Vietnam Dental Services Market:-
Serenity International Dental Clinic
Dr Hung & Associates Dental Center
CAMTU Dental
Rose Dental
International Dentistry Company – IDC Danang
Nguyen Du Dental Clinic
Lien Thanh Dental Clinic
Australian Dental Clinic

Keywords:-
Vietnam Dental Services Market
Vietnam Dental Services Industry
Vietnam Dental Services Market Revenue
Vietnam Dental Services Market Future Outlook
Vietnam Dental Clinics Market Size
Dental Service Industries Vietnam
Vietnam Healthcare Services Market
Ho Chi Minh City Dental Services Market
Vietnam Dental Pulp Services Market
Vietnam Cosmetic Teeth Shaping Market
Number Of Dental Clinics in Vietnam
Cosmetic Dentistry Dental Services Vietnam
Domestic Customers In Vietnam Dental Services Market
Total Number of Dentists In Vietnam
Number Of Dental Institutions In Vietnam
Number Of Dental Colleges In Vietnam

For more information on the research report, refer to below link:-

Related Reports:-



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

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