The Vietnamese dental equipment market is expected to grow at an impressive CAGR over the forecast period, 2023-2027, owing to rising incidences of oral diseases and dental infections. The increasing demand for better dental instruments and equipment will further drive the growth of the Vietnamese dental equipment market in the next five years.
Government investment in health care promises market growth
The government of Vietnam actively invests and promotes health care. Increased investment from government funds, donations and private investment will ensure further growth of the Vietnamese dental equipment market in the next five years.
In addition, Vietnam is a hub for dental tourism. The increasing awareness about Vietnam oral health industry among the people of neighboring countries and their excellent dental services, oral hygiene and dental care will further drive the growth of Vietnam dental equipment market in the next five years.
Awareness of dental care
Increasing awareness among the population regarding oral health, maintenance of oral hygiene and increased concern for dental health will further drive the growth of the Vietnamese dental equipment market in the next five years.
Rapidly increasing incidences of dental problems among the population further aid the market growth. Geriatric population is quite prone to oral diseases and infections. Prolonged exposure to unhealthy dental habits and weaker dental problems along with the poor immune system underpin the market growth.
Increasing awareness about the daily oral care products and their higher production also leads to market growth. In the year 2020, the total toothpaste production in Vietnam was 38.99 thousand tons. Higher production of such oral care products is due to higher consumption and increasing awareness about maintaining oral health.
Increasing cases of dental problems
Rapidly increasing incidences of dental problems among the country’s population is a major factor driving the growth of the Vietnamese dental equipment market in the next five years. More than 90% of Vietnamese people suffered from dental problems and 85% of Vietnamese children from tooth decay in the year 2018. In the general population, the prevalence of caries is 67%; periodontitis is 72%. About one in 500 babies in Vietnam is born with a cleft lip and/or cleft palate.
Moreover, increasing cases of mouth and lip cancer further support the market growth. Patients aged 15 years or older in the country have a rate of 2.5 over 100,000 in 2018, with the number of cases increasing significantly due to the growth of Vietnam’s dental equipment market over the next five years.
Competitive landscape
Company Profiles: Detailed analysis of the major companies present in the Vietnamese dental equipment market.
Phuc Hanh Nguyen Dental Equipment Company (PHN)
Dentsply Sirona Vietnam Co.Ltd.
Henry ScheinVietnam
Vietnam Dang Dental Company
MK Dent Vietnam
okoDent Vietnam
Premier dental Vietnam
relieve Vietnam
MANI Hanoi Co Ltd.
DO Vietnam
Report scope:
Vietnam Dental Equipment Market, by Type:
Dental radiology equipment
Therapeutic dental equipment
General equipment
Hygiene Maintenance Devices
Others
Vietnam Dental Equipment Market Segment by Application:
orthodontics
endodontic
Periodontology
Prosthodontics
Vietnam Dental Equipment Market, By End User:
Hospitals and clinics
Dental Laboratories
Others
Vietnam Dental Equipment Market by Regions:
Northern region
Central region
Southern region
For more information on this report, please visit https://www.researchandmarkets.com/r/xxa1cz
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.