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RnRMarketResearch.com adds latest market research report on “China Dental Industry Report, 2012-2014” to its store.
Dallas, Texas (PRWEB) February 09, 2013
On the basis of dental care consumption, the dental industry is a medical industry chain integrating dental care service and the production and operation of dental care equipment and dental materials. From the perspectives of dentists per capita, dental visit rate and dental implant penetration, China’s dental industry is at the infant stage. With the growing dental market size, especially the surge of high-end businesses such as dental implant, coupled with the consumption upgrading as well as relatively tolerant policy environment, China’s dental industry is projected to maintain rapid growth trend.
In 2011, the dental equipment market scale of China surged by 31.6% year-on-year to RMB2589.9 million. At present, China lags far behind its developed counterparts in the dental equipment filed. Major homegrown industrial players include Northwest Medical Instrument, Runyes, Shinva Medical, Shanghai Fosun Pharmaceutical (Group), Meiya Optoelectronic Technology and Fujian Meisheng Medical Science & Technology. Since 2006, the dental equipment import value in China has seen big surge, with the CAGR more than 20%.
In the dental care market, the proportion of adult orthodontics in China has grown from 10%-20% ten years ago to 30% at present. In China, the penetration rate of dental implant is relatively low, with the market scale (including implant and dental crown operation businesses) approximating RMB1.5-3 billion. Driven by the increasing awareness over dental health, the high valued-added businesses including orthodontics and dental implant will bring about the overall dental market maintaining a growth rate of 20%-30%. The estimation shows that the number of implanted teeth will soar up to 500,000 pieces in the upcoming five years from the current 100,000-odd pieces.
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Thanks to the buoyant advance of dentistry market, Chinese dental hospitals are expected to see vibrant development. In 2010, the revenue of Chinese dental hospitals totaled RMB5.22 billion, with the CAGR in 2006-2010 claiming 21.8% and the gross margin remaining at a high level of around 11.0% in 2008-2010. In particular, the gross margins generated by private dental hospitals were much higher. A case in point was Top choice Medical Investment Corporation, the gross margin of which kept above 40.0% in 2008-2012.
The Report Highlights:
Status quo, consumption, market scale and position in the international market of China dental industry.
Market scale, asset size, profit level and competition pattern of China dental equipment industry.
Status quo & prediction of China dental care market, development status quo and prospect of high value-added businesses including orthodontics and dental implant.
Market scale, profit level, dentist resource, and competition pattern and development trend of Chinese dental hospitals.
Operation, business performance, investment, M&As, dental equipment and materials business, dental care service and development outlook of seven major China-based dental equipment and materials enterprises as well as six major private dental hospitals.
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