India is growing
leaps and bounds in the healthcare industry. One of the most benefiting is
dental and oral care sector. With superior quality equipment’s, better
facilities and most of all, low cost of treatment has prompted many foreigners
to turn to India for dental implants. Massive demand for a dentist in India has prompted
many people to turn towards it as a profession. The dental market is vast and
is slated to become one of the largest markets for overseas dental products and
materials. By 2014, the Indian dental equipment’s industry is expected to reach
US$ 116.43 million, growing 6% annually, the dental care services market US$
1.16 billion and oral care market US$ 1.8 billion.
There are more
than 5,000 dental laboratories and thirty five training institutions for dental
technicians. Given the relatively low ratio of dental technician to dental
population, there is still tremendous scope for overseas professional
organisations to enter this field and set up quality laboratories. Dental
treatment prices in India, in general, are very cheap and compare highly with
the world class dental care. Every Dentist in India find themselves are in
high demand in the international market. Grown by more than 50% since 2005 and
is expected to quadruple to $150 billion by 2017.
Revenue
generation by dentist in Mumbai:
Maximum of the revenue in dental care is generated by endodontic dental
services in the Tier-1 cities like Delhi, Mumbai, Kolkata, and Chennai and
along with few others. Each Dentist in Mumbai has contributed to most of
the share in terms of revenue from root canal treatment service and also from
other endodontic services in 2013. From rural and semi urban areas, the revenue
contribution of endodontic service was approximately 14% during the same year.
Braces have contributed a considerable revenue share in the dental care
services market over the years.
Growth of
dental clinics for dentist in Mumbai:
The
dental clinic chains have grown rapidly in the country. An increase in the
disposable income and a subsequent rise per capita healthcare expenditures
amongst the masses, supported by growing awareness about healthcare in the
recent times have been the prime factors augmenting the growth of dentist
in Mumbai. As of 2013, the
contribution of dental clinic chains to the dental services market revenue has
increased to 45%. The endodontic dental service has been the predominating
revenue segment in the dental care services market over the years.
