Vietnam dental materials market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on the account of increasing awareness among the population of the country regarding dental services, dental hygiene, and dental care due to rapidly evolving socio-economic changes. The increasing geriatric population is also one of the major factors driving the growth of the Vietnam dental materials market in the upcoming five years. The market may further flourish on the grounds of advancing the medical services and healthcare sector of the country. Surging imports of dental equipment & instruments, along with growing concerns regarding dental health are further supporting the growth of the Vietnam dental materials market in the next five years. Increasing demands for dental implants also substantiate the growth of the Vietnam dental materials market in the forecast years.
Expanding Dental Industry Supports Market Growth
Higher sales of dental services like implants and surgical services coupled with increasing production, along with the surge in the demands for them due to higher concerns regarding dental health among the population of the country is further driving the growth of the Vietnam dental material market. With the increasing number of dental healthcare infrastructure along with the surging number of dental experts & professionals are also aiding the expansion of the dental industry thereby further altogether driving the growth of the Vietnam dental material market in the upcoming five years.
The total number of dental clinics in the country was 1846 in 2018, which increased to 1960 in 2020. In the year 2013, there were 608 dentists and 203 dental technicians in Vietnam. The growing educational approach along with the increasing training parameters are aiding the increase in the number of dental care workers that reflects the surge in the dental procedures that require dental materials that further aid the growth of the Vietnam dental services market in the future five years.
Healthcare Investments Through Government Promises Market Growth
The government of Vietnam is actively investing in and promoting the healthcare industry. Increasing investments from government funds, donations, and private investments further drive the growth of the Vietnam dental material market in the upcoming five years. Moreover, Vietnam is a hub for dental tourism. Increasing awareness about the Vietnam oral health industry among the population of neighboring countries and their excellent dental services, dental hygiene, and dental care are further driving the growth of the Vietnam dental equipment market in the next five years.
Increasing awareness among the population would further substantiate the growth of the market since the population is inclined toward spending lavishly on dental care services and products. Government-funded awareness programs are also enhancing the knowledge and awareness among the young population and old population thereby supporting market growth in future years.
The Vietnam dental materials market is segmented by type, application, end-user, competitional landscape, and regional distribution. Based on type, the market is further segmented into metallic biomaterials, ceramic biomaterials, dental polymers, natural biomaterials, and others. By application, the market is fragmented into implant, prosthetics, and orthodontics. Based on end users, the market is bifurcated into hospitals & clinics, dental laboratories, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Northern Region, Central Region, and Southern Region.
3M Company, Ivoclar Vivadent, Inc., American Orthodontics, FORESTADENT Bernhard F?rster GmbH, Dentsply Sirona Vietnam Co. Ltd., among others is a partial list of major market players of the companies responsible for the growth of Vietnam dental materials market.
In this report, Vietnam dental materials market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
• Vietnam Dental Materials Market, By Type:
• Vietnam Dental Materials Market, By Application:
• Vietnam Dental Materials Market, By End User:
–Hospitals & Clinics
• Vietnam Dental Materials Market, By Region:
Company Profiles: Detailed analysis of the major companies present in Vietnam dental materials market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).