Vietnam Dental Services Market Outlook to 2023: Ken Research

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Vietnam Dental Services Market Outlook to 2023: Ken Research

New Delhi, August 04, 2019: The report titledVietnam 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 provides a comprehensive analysis of dental care services in Vietnam. The report focuses on overall market size for dental services in Vietnam both in terms of total number of clinics and revenue; Vietnam dental services market segmentation by market structure (organized and unorganized), by cities (Ho Chi Minh City, Dong Nai, Hanoi, Haiphong, Binh Duong, Can Tho, Khanh Hoa, Nghe An, An Giang and others), by type of dental care services (Prosthodontics, Endodontics, Cosmetic Dentistry, Implantology, Orthodontics, Periodontics and others), by type of customer (domestic and foreign), by type of age group (below 15 years, 15-35 years, 36-55 years and above 55 years) and by gender (male and female). The report also covers the overall comparative landscape, trends and development, issues and challenges, decision making parameters in selecting a dental clinic in Vietnam and SWOT analysis. The report concludes with future projections for segments and analyst recommendations highlighting the major opportunities and cautions for the Vietnam dental services market.

Vietnam Dental Services Market Overview and Size

Presently, the dental services market in Vietnam is at a growing stage and has showcased tremendous growth in terms of revenues and the total number of clinics on the back of increasing dental problems in the country and popularity of the dental tourism due to reasonably priced dental services. The increase in the awareness towards the dental treatments has also proved to be a contributing factor in the development of this sector.

Vietnam Dental Services Market Segmentation

By Market Structure (Organized and Unorganized): The unorganized segment dominated dental services market in Vietnam in terms of number of clinics whereas, the organized dental clinics dominated in terms of revenue in Vietnam dental services market during the year 2018. Organized dental clinics have their branches scattered in the country therefore, capturing a larger population which in result generates higher revenue in this sector.

By Cities (Ho Chi Minh City, Dong Nai, Hanoi, Haiphong, Binh Duong, Can Tho, Khanh Hoa, Nghe An, An Giang and others): Ho Chi Minh City within Vietnam captured the majority of the market share in terms of number of clinics during 2018. Ho Chi Minh City is the most populous city in Vietnam due to which the presence of dental clinics is majorly seen there. It was followed by Dong Nai city on Vietnam in terms of number of clinics due to its high tourist attraction historical sculptures. The city attracts huge number of tourists and dental patients in a year. The remaining market share in terms of number of clinics was captured by Hanoi, Haiphong, Binh Duong, Can Tho, Khanh Hoa, Nghe An, An Giang and others during 2018.

By Type of Dental Care Services (Prosthodontics, Endodontics, Cosmetic Dentistry, Implantology, Orthodontics, Periodontics and Others): Vietnam dental care services market during 2018 was majorly dominated by Prosthodontics services in terms of revenue due to high demand for dentures and crowns in the country. The remaining market share in terms of revenue was collectively captured by the Endodontics, Cosmetic Dentistry, Implantology, Orthodontics, Periodontics and other dental care services in the year 2018.

By Type of Customer (Domestic and Foreign): The Vietnam dental services market majorly consists of domestic customers followed by the foreign patients. The low prices of dental services in Vietnam as compare to other countries is one of the major reasons for foreign patients coming in the country for dental treatments thus, helping the sector generate a higher revenue share in the year 2018.

By Age Group (Below 15 Years, 15-35 Years, 36-55 Years and Above 55 Years): It was observed that the 15-35 years age group generated the highest revenue share in Vietnam dental services market during the year 2018 majorly due to the population in this age group is getting cautious about their dental health and is looking for cure towards dental issues. The remaining revenue share was collectively captured by age group including 36-55 years age group, above 55 years age group and below 15 years age group in the year 2018.

Comparative Landscape in Vietnam Dental Services Market

Competition within Vietnam dental services market was observed to be fragmented along with the presence of large number of dental clinics (both domestic as well as international) thus, providing dental services within Vietnam. As of 2018, there were approximately ~2,000 dental clinics within Vietnam. Some of the major dental clinics established in the country include KIM Dental, Australian Dental Clinics, Dental Implant Center, Starlight Dental Clinic and Saigon BH Dental Clinic which were witnessed to lead in terms of revenue during 2018. Other major dental clinics include Serenity International Dental Clinic, Lan Anh Dental Clinic My Hung, CAMTU Dental Clinic, Westcoast International Dental Clinic, Dentistry Paris Tan Binh, Nha Khoa Parkway and rest. The dental services market in Vietnam competes on the basis of price of the dental services, number of branches, presence and value added services.

Vietnam Dental Services Future Outlook and Projections

The Vietnam dental services market is predicted to grow both in terms of revenue and number of clinics owing to potential rise in the total number of dental problems among Vietnamese population therefore, leading to rise in number of dental clinics in the country over long term. An increasing awareness among Vietnamese people about dental hygiene and care will also contribute in the growth of this sector in Vietnam. The country is expecting a rise in the total number of dental schools which would also lead to higher number of dental graduates each year thus, catering to a larger chunk of population and generating higher revenue in the sector.

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

Key Topics Covered in the Report:-

Stakeholders in Vietnam Dental Services Market

Value Chain Analysis of Vietnam Dental Services Market

Introduction to Vietnam Dental Services Market

Vietnam Dental Services Market Size, 2013-2018

Vietnam Dental Services Market Segmentation, 2018

Trends and Developments in Vietnam Dental Services Market

Issues and Challenges in Vietnam Dental Services Market

Decision Making Parameters in Selecting a Dental Clinic in Vietnam

SWOT Analysis of Vietnam Dental Services Market

Comparative Landscape in Vietnam Dental Services Market

Vietnam Dental Services Market Future Outlook & Projections, 2019-2023

Funding and Mergers and Acquisitions in Vietnam Dental Services Market

Analyst Recommendations for Vietnam Dental Services Market

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

Vietnam Dental Services Market

Corporate Comm India (CCI Newswire)