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China Dental Industry Report, 2017-2021

Wednesday, July 12, 2017 Dental News
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NEW YORK, July 11, 2017 /PRNewswire/ -- As living standards continue to improve and the awareness of oral health grows, consumers' demand for dental services has kept increasing and the dental industry in China has witnessed robust development in recent years, primarily reflected in the following four aspects:Read the full report: http://www.reportlinker.com/p01092066/China-Dental-Industry-Report.html1. Scale of dental equipment industry expanded steadilyThere were 54 dental equipment enterprises with total annual revenue of RMB4.61 billion in China by the end of 2016. The figures are expected to reach 75 and RMB6.55 billion in 2021.2. Number of stomatological hospitals and dentists rose rapidlyThe number of stomatological hospitals and dentists in China has grown steadily at a CAGR of 10.2% during 2010-2016, compared with a CAGR of 17.7% for private hospitals and a CAGR of 10.4% for medical personnel in stomatological hospitals. In 2016, there were about 542 stomatological hospitals (including 373 private ones) and 48,053 medical staff (including 16,348 medical practitioners).3. Chain operation has become a main model for oral medical institutionsMajor typical private dental institutions include BYBO Dental, TC Medical, ARRAIL Group, Keen Dental, Dazhong Dental, Huamei Dental, U-dental, Jiamei Dental, Yafei Dental, and C.K.J Stomatological Hospital, all adopting the model of chain operation and achieving good results. A high and full chain operation will be the main pattern adopted by dental institutions so as to grow bigger and stronger.4. Huge potential attracts inrush of capital Featuring high growth and high gross margin, the oral medical industry has attracted a large amount of money. 12 dental enterprises obtained financing in 2016 alone. Inflow of capital helps fuel rapid development of the industry.China Dental Industry Report, 2017-2021 focuses on the following:Chinese dental market (status quo import & export, market segments, etc.);China's dental equipment industry (number of enterprises, market size, total output value, competitive landscape, and summary & forecast);Dental medical services industry in China (number of hospitals, market size, profit margin, dentist, competitive landscape, development trends, and summary & forecast);Read the full report: http://www.reportlinker.com/p01092066/China-Dental-Industry-Report.htmlAbout Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.http://www.reportlinker.com__________________________Contact Clare: [email protected]US: (339)-368-6001Intl: +1 339-368-6001

View original content:http://www.prnewswire.com/news-releases/china-dental-industry-report-2017-2021-300486710.html

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