The international dentistry industry is huge. Moreover, it is also growing at a high rate since the last five years. The Asian markets are doing exceptionally well in this regard with two digit growth rates. India has undoubtedly become a substantial market for the growth and sustenance of dental business activities.
More then 500 labs and 297 institutes 🙂
India has more than 5000 dental laboratories and 297 institutes that offer courses on dentistry. Most of these institutes boast of scientifically approved curriculum and experienced faculty. Experts predict that in the coming 3 years, India will take over USA as the largest market for dental products and treatment services.
In the coming years, the growth in the domestic dental market is expected to rise due to a surge in investments in this domain. There has been a significant increase in the field of investment in multi specialty hospitals that offer dedicated general dentistry, surgery and dental aesthetics services. Start-ups focussing on aesthetic dentistry are also mushrooming in the major cities of the country. Although this is not sufficient, it cannot be denied most of the improvements in this field happened within the last decade. In fact, today, the value of dental laboratories and the industry of dentists in India is very high. There is a huge demand for expert dentists which is opening up lots of employment opportunities for the youth.
Dentist in India recreating smiles!
There are several factors which have contributed to the growing demand for dental replacement in India. A few of these factors are growing awareness of dental health and oral beauty, high expenditure in healthcare sector, investment friendly policies of the present government, cuts in custom duties on imports of dental treatment products, high disposable income of the millennials to invest in oral beauty and increasing cases of tooth cavities due to erratic lifestyle.
However, India significantly lags behind in the aspect of manufacturing of dental products. Most of the dental equipment and accessories are imported from the western countries which has an impact on the pricing of dental treatment services. In fact, the implant segment of dentistry is fully dependent on the foreign companies. However, the present government is trying to boost manufacturing within the country through programmes like ‘Make in India’. If manufacturing increases, India can not only cater to its domestic needs completely, but also export additional products to the less developed countries. This will also help the Indian dental service companies go multinational. The path seems clear now.
Dental Implants India 