Vietnam Dental Services Market Outlook

Rapid Shift from Unorganized to Organized clinics in Vietnam Coupled with Rising Demand for Dental Care Services especially in Cosmetic Dentistry Services have led to Growth in the Dental Services Industry of Vietnam: Ken Research

“Increasing number of people availing dental services due to the increased dental problems among the Vietnamese population is one of the main reasons for the growth in the industry.”
Analysts at Ken Research in their latest publication “Vietnam Dental Services Market Outlook to 2023 – By Organized and Unorganized Clinics, By Cities (Ho Chi Minh City, Dong Nai, Hanoi, Haiphong, Binh Duong, Can Tho, Khanh Hoa, Nghe An, An Giang and Others), By Dental Care Services (Prosthodontics, Endodontics, Cosmetic Dentistry, Implantology, Orthodontics, Periodontics and Others), By Domestic and Foreign Customers” believes that the companies operating in dental services market of Vietnam can expand their market share by penetrating in the rural areas of the country as that segment in not captured majorly up till now and encourage dental tourism to attract more foreign dental patients. The market is expected to register a positive CAGR of 5.6% in terms of revenue generated through dental services and a CAGR of 2.0% in terms of total number of dental clinics during the forecast period of 2019–2023.

Increasing Dental Problems amongst Vietnamese Citizens: In accordance with the Teeth – Jaw – Face Hospital, more than 90% of Vietnamese people are suffering from dental problems and 85.0% of Vietnamese children are suffering from tooth decay during the year 2018. In addition to that, the proportion of people with tooth decay will increase by 6.64% in those aged 45 years or older in the near future. The growth in the dental problems is increasing the demand for the dental services in Vietnam.

Technological Advancements in Dental procedures: All the clinics in Vietnam use cutting edge technological equipment for instance, digital dentistry, 3D-printing, advanced dental turbines and others which makes the dental treatment efficient and ensures safety in terms of usage. The human error is minimized by the use of this equipment thereby, creating a positive impact on the market.

Rapid Shift from Unorganized to Organized Dental Clinics: Customer preference for organized clinics is increasing majorly due to various reasons such as the wider geographical presence in the country and multiple value added services that these clinics provide to their patients. Some services include guaranteed quality of treatment which rectifies any dissatisfaction, which allows transferring the treatment to other cities as well. For foreigners these transfers of treatment services plays a significant role as they need not stay in a particular city to get treated for a longer period of time. Whereas, other value added services include storage of medical records, payment histories and treatment plans. Organized dental clinics are striving hard to expand their operations in different regions within Vietnam in order to cater to a higher population set and also tap the foreign patients visiting for the dental treatment. Organized clinics which have more than one branch charge a little high as compared to unorganized clinics having a single branch.

Increase in Demand of Cosmetic Dentistry: In recent years, the demand for dental health care and treatment especially cosmetic dentistry was observed to increase. In parallel, there is an explosion of dental services, especially in big cities. The patients visiting for the cosmetic dentistry is high as they are more concerned about their teeth i.e. dental health and smile. Majority of the people coming for the cosmetic dentistry were observed to be women / females in Vietnam.

For more information on the research report, refer to Vietnam Dental Services Market