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Thursday, April 18, 2024

Thailand Dental Services Market is forecasted to grow further into a ~$ 1.7Bn opportunity by 2026F: Ken Research

The ecosystem of Thailand Dental Services Market

Thailand Dental Services Market is at a growing stage and has a highly fragmented market with MOS Dental as the market leader. The country has 200+ organized clinics and 5,000+ unorganized clinics. Thailand’s dental services market is in the growth stage as there is moderate growth owing to rising independent dental clinic chains and dental tourism.

Key Findings

  • The Kingdom of Thailand wants to stimulate its economy by becoming an international hub for medical and dental treatment.
  • Cosmetic dentistry and implants are growing fields in the near future. This is because cosmetic dentistry is usually expensive but traveling to a dental hub like Thailand saves a lot of costs.
  • The government is also increasing insurance coverage for dental care services through their public health schemes which would further increase demand for dental services.

Rising Dental Services Market

The rising age of the population is gearing them towards better oral health practices as well as increasing their demand for dental treatments.

The dental services market is anticipated to witness significant growth over the forecast period due to the increasing accessibility, rising dental tourism and government initiatives.

A rise in the number of Dentists

The number of dentists is expected to rise in the coming years owing to the new opportunities in the dental services market. The increase in the overall population and dental tourism are considered to be the factor for these developments.  The total number of Dentists in Thailand was 17,738 in 2021 growing with expected CAGR of more than 9 % over the period 2021-2026F. By 2025, the Thai population per dentist is expected to be around 2,500 people.

New Government Policies

The government provides dental coverage in its national insurance schemes for simple procedures and has introduced initiatives to expand access and awareness.

The Thailand National Digital Healthcare Workforce Development Initiative (WDI) was officially launched to focus on the development of a three-year work plan to address the demand of patients for digital healthcare services in light of the Thailand 4.0 digitization journey.

Analysts at Ken Research in their latest publication “Thailand Dental Services Market Outlook to 2026F– Driven by Rising Dental Awareness, Dental Tourism, Lower Dental Services Cost and Government’s Strong Initiatives in Healthcare System” by Ken Research observed that the Dental Services market is an emergent healthcare market in Thailand at a rebounding stage from the economic crisis after the pandemic.

The rising government policies and demand for cosmetic dentistry, dental consciousness among the population along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 7.1% CAGR during 2021-2026F owing to increasing accessibility, rising dental tourism and government initiatives.

Thailand Dental Services Market

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Key Segments Covered in the report

Malaysia Dental Services Market

  • By Type of Services
    • Endodontics
    • Orthodontics
    • Prosthodontics
    • Cosmetic Dentistry
    • Periodontics
    • Others
  • By Institutions
    • Hospitals
    • Dental Clinics
  • By Dental Clinics
    • Organized Clinics
    • Unorganized Clinics
  • By Revenue
    • International Revenue
    • Domestic Revenue
  • By Cities
    • Chonburi
    • Bangkok
    • Mueang Nonthaburi
    • Udon Thani
    • Other Cities

Key Target Audience

  • Dental Clinics
  • Dental Equipment Manufacturers and Distributors
  • Dentists
  • Hospitals
  • Market Research and Consulting Firms
  • Healthcare Companies
  • Pharmaceutical Companies
  • Tourism Agencies
  • Government Bodies & Regulating Authorities

Time Period Captured in the Report:

  • Historical Period: 2018-2021
  • Forecast Period: 2021-2026F

Companies Covered:

  • LDC Dental Clinic
  • MOS Dental Clinic
  • Delta Joy
  • Smile Signature
  • Thantakit
  • Siamdent
  • BFC Dental
  • Sea Smile
  • Beauty Smile
  • Bangkok New Smile
  • Thantakit International
  • Zenitoni
  • Smile Dental Group Pattaya

Key Topics Covered in the Report

  • Thailand Healthcare Overview
  • Thailand Dental Services Market Overview
  • Ecosystem, Business Cycle and Genesis of Thailand Dental Services Market
  • Thailand Dental Services Market Size by Revenue, 2018-2021
  • Thailand Dental Services Market Segmentation (By Type of Services, By End Users, By Dental Clinics, By Revenue Division, By Cities), 2021
  • End User Analysis of Thailand Dental Services Market
  • Industry Analysis of Thailand Dental Services Market
  • Key Growth Drivers in Dental Service Market in Thailand
  • Trends Driving Adoption of Digital Innovation
  • Major Challenges and Bottlenecks in Thailand Dental Services Market
  • Regulatory Framework in Thailand Dental Services Market
  • Competition Framework for Thailand Dental Services Market
  • Market Share of Major Dental Services Providers in Thailand Dental Services Market
  • Cost Sheet of Major treatments and Price List of major Players
  • Impact of Covid-19 on Thailand Dental Care Market
  • Future Outlook and Projections of the Industry, 2026F
  • Market Opportunities and Analyst Recommendations

For More Information on the research report, refer to below link: –

Thailand Dental Services Market

Related Reports by Ken Research: –

Saudi Arabia Dental Care Market

Singapore Medical and Dental Clinics Market Outlook to 2022

UAE Health Tech Market Outlook to 2026


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HBC Editors
HBC Editorshttp://www.healthcarebusinessclub.com
HBC editors are a group of healthcare business professionals from diversified backgrounds. At HBC, we present the latest business news, tips, trending topics, interviews in healthcare business field, HBC editors are expanding day by day to cover most of the topics in the middle east and Africa, and other international regions.

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