DENTAL INDUSTRY IN INDIA

 
 
 
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Dentistry is one of the fastest growing Healthcare industry in India. Current estimates put the number of registered Dentists at over 2,00,000 excluding non-registered Dentists who are mainly based in rural areas. Coupled this with over 5000 dental laboratories and 325 dental institutes, the Indian dental market is vast and it is predicted that India will be one of the largest single country markets for dental products and materials. Every year approx. 15,000 new Dentists are added in India. Dentistry in India is expected grow 20% annually - mainly due to following factors:

  1. Increased oral care awareness fueled by offline and online media.
  2. Growth in Dental Tourism - Due to the huge professional fees difference, this is an extremely lucrative revenue model for Dental Clinics.
  3. Increase in market size due to proliferation on Chains of Dental Clinics including reputed names like Apollo Group, Wockhardt and Fortis Healthcare.
  4. Reduced Import duties and acceleration in Dental product imports.
  5. Dental Insurance - the next few years will see a major shift from fee paying patients to insurance ones.

The overall image of India in the world economy coupled with specific upheaval in the Dental segment, promises to double the growth in Dentistry in the next 5 years.

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THE STORY SO FAR.....

 
 
 
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