Vietnam Dental Services Market Size, Share, Industry Trends, Demand, Growth Drivers, Challenges, Key Players and Future Investment Opportunities Till 2032: SPER Market Research

December 11, 2024 amitkumarsingh

Market Overview and Market Insights: Dental services encompass a wide range of procedures to address oral health issues, including the diagnosis, prevention, and treatment of mouth-related diseases and infections. These services include treatments such as root canal therapy, tooth extractions, fillings, crowns, and advanced diagnostic methods like imaging and pathological examinations. The Dental Treatment Services Scheme (DTSS) provides adult medical cardholders (aged 16 and above) with access to free annual dental check-ups and necessary tooth extractions. Additionally, one first-stage endodontic (root canal) treatment is offered annually for front teeth under this scheme.

According to SPER Market Research, the report titled ‘Vietnam Dental Services Market Size – By Types of Services, By End Users, By Revenue Division – Regional Outlook, Competitive Strategies, and Segment Forecast to 2032’ reveals that the Vietnam Dental Services Market is expected to reach USD XX billion by 2032, growing at a compound annual growth rate (CAGR) of 6.25%.

Drivers: The growing awareness of oral health benefits in Vietnam has led to increased demand for dental treatments. As people become more informed about preventive care and cosmetic dental procedures, they are increasingly seeking professional dental services. Rising disposable income has also enabled many Vietnamese individuals to access a wider range of services, including cosmetic treatments and advanced dental surgeries. Procedures such as orthodontics, crowns, and dental implants, once considered luxury options, are becoming more affordable for a broader population.

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Challenges: Despite these advancements, Vietnam’s dental services sector faces significant challenges, particularly the disparity between urban and rural areas. Major cities like Hanoi and Ho Chi Minh City boast modern dental clinics with advanced technology, whereas rural regions often struggle with inadequate infrastructure and a shortage of skilled dental professionals. Limited access to timely dental care in rural areas and affordability issues remain significant barriers, even amidst economic growth. Additionally, the sector suffers from a lack of qualified dental practitioners, hindering its development.

Impact of COVID-19: The COVID-19 pandemic negatively impacted Vietnam’s dental services industry. Lockdowns and restrictions on non-essential healthcare led to a decline in dental visits. Many individuals avoided clinics due to fears of contracting the virus or concerns about social distancing. Meanwhile, dental clinics faced increased operating costs from implementing safety measures such as enhanced sanitization, personal protective equipment (PPE) for staff, and reduced patient capacity. However, the pandemic also accelerated the adoption of teledentistry, allowing clinics to offer remote consultations and basic services. While elective procedures saw a decline, the demand for urgent dental care, particularly for pain management, remained high.

Market Key Players: In Vietnam, Southern regions, particularly Ho Chi Minh City, dominate the dental services market due to advanced facilities and infrastructure. Prominent players in the market include Anna Dental Care, Australian Dental Clinic, Camtu Dental, Elite Dental Group, and Nha Khoa Dang Luu, among others.

Vietnam Dental Services Market Segmentation:

By Types of Services: Based on the Types of Services, Vietnam Dental Services Market is segmented as; Endodontics, Cosmetic Dentistry, Prosthodontics, Orthodontics, Periodontics, Others.

By End Users: Based on the End Users, Vietnam Dental Services Market is segmented as; Dental Clinics, Hospitals.

By Revenue Division: Based on the Revenue Division, Vietnam Dental Services Market is segmented as; Domestic, International Tourist.

By Region: This report also provides the data for key regional segments of Ho Chi Minh, Hanoi, Haiphong, Can Tho, Dong Nai, Others.

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