Showing posts with label Number of Dentists in India. Show all posts
Showing posts with label Number of Dentists in India. Show all posts

Wednesday, February 12, 2020

Indian Dental Insurance Industry Future Outlook: Ken Research

India Healthcare Infrastructure
Healthcare infrastructure has improved in recent years with major advancements led by private players and startups expanding to semi-urban and rural areas. In the past few years, the government has also launched initiatives such as the National Health Protection Scheme, various Insurance schemes to foster awareness for healthcare among the population. Yet, India lacks behind many peer countries such as Sweden spending 9.2% of its GDP on healthcare, UK (8.5%), Canada (7.7%) and India incurs expenditure of about 1.4%. Doctor-patient ratio, restricted healthcare accessibility to Tier 1 cities and rising medical treatment prices are challenges daunting the penetration of good quality affordable healthcare in India.
Lagging Dental Infrastructure
Around 700mn people suffer from oral diseases and lack of awareness for preventive care further contributes to the miserable state of oral awareness in India.
Around 254,283 dental surgeons registered with DCI are available for 1.3 billion population, dental treatments have been generally preferred through experienced standalone private clinics located at almost every corner of major cities. However, with the establishment and rapid expansion of Chain clinics, the trend is shifting with customers subscribing to membership plans carried out by chain clinics.
India Dental Insurance Industry
Chain Clinics: Leading the acceleration
600 chain clinics treated 1.3 million patients across India during 2019, highlighting the fast-paced growth and adaptability of the population towards chain clinics. Such clinics are majorly restricted to top cities of India including Bangalore, Chennai, Delhi NCR, Mumbai, and others. Chain clinics companies such as Clove, Apollo White Dental, and 32 Dental are considering expanding their operations to semi-urban, Tier-II cities of India, making them appropriate.
Evaluation Of Dental Infrastructure In Bangalore
With a 5.1 mn population majorly working in the corporate sector, high penetration of Chain clinics and rising preventive care patients, Bangalore becomes a preferred hub for dental insurance products.
While the majority of patients still prefer sick care treatment yet a number of cases for preventive treatment have been rising consistently indicating the changing mindset of patients.
With common treatment procedures include Scaling, Filling, OPG, an average new patient ticket size is USD~.
There exists less variation between prices of dental treatment procedures performed by standalone private clinic dentists and chain clinics, making standardization of premiums and getting dentists onboard easy.
Existing Dental Insurance Coverage
Mapping the current scenario, dental treatment procedures find limited coverage in popular health insurance plans of India. While some plans cover dentures, OPD charges, partial dental expenses but the majority of them do not mention coverage for complete/accidental dental treatments.
Companies Mentioned:-
Chain Clinics
Clove Dental
Apollo White Dental
32 Dental
Sabka Dentist
Axiss Dental
Health Insurance Companies
Apollo Munich
Max Bupa
ICICI Lombard
Bharti AXA
LIC
Bajaj Allianz
Dental Insurance Company
Ocare
Key Topics Covered in the Report:-
Overview of India Healthcare Infrastructure
Improvement in Infrastructure led by Private Players
Comparison of Healthcare Infrastructure with Developed Countries
Overview of Dental Infrastructure in India
Challenges in Delivery of Oral Healthcare
Recent Investments in the Dental Industry
Business Model of Clove Dental
India Healthcare Sector Growth
Number of Dentists in India
Latest Updates Dental Council of India
Coverage Dental Insurance India
Comparison of Top 6 Health Insurance Providers in India
Indian Healthcare Industry Size in USD Million
Number of Medical Colleges and Doctors in India
Axiss Dental Insurance Sector Analysis
Major Health Insurance Companies in India
Full Coverage Dental Insurance Market
For More Information, Click on the Link Below:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249