Philippines Dental Services Market is expected to grow at a CAGR of 5.9% over the forecasted period 2021-2026F: Ken Research

    Richa Sharma

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    Philippines Dental Services Market is currently in a growing stage owing to rise in urban population, government initiatives, general awareness and upgradation in technology. Upcoming technologies such as Cloud-based software, Robotics and advancements in present technologies such as 3D Printing and Laser dentistry will fuel to the market growth.

    • Dental services market is anticipated to witness significant growth over the forecast period due to the improvements in already existing services along with introduction of new improved technologies, including dental caps, dentures and drills.
    • In the coming future, the market is expected to be dominated by the Dental clinics; however, the hospitals are expected to contribute to the growth of overall market. Dental Clinics market size in terms of revenue is expected to grow with a CAGR of 6.4%, 2021-2026F.
    • The rising Dental consciousness among the Filipinos, along with the growing purchasing power, is expected to contribute to the market growth over the forecast period.

    Rise in Dental Tourism: Philippines is an attractive destination for dental tourists due to low prices for dental services. The market was affected during Covid 19 due to cross-border restrictions, however, post-Covid, dental tourism has returned to normal and has contributed to the market revenues.

    Introduction of New Improved Technologies: The market for dental services is predicted to develop significantly throughout the forecast period as a result of improvements made to currently offered services as well as the introduction of new and enhanced technology, such as drills, dental caps, and dentures. The demand for proper training and education on digital dentistry solutions from professionals and students is rising, which will further boost the effectiveness of the nation's dental care sector. With the development and improvement in traditional technologies, doctors will be able to spend more time on responsibilities relevant to patient care and contribute to the continued expansion of the dental services industry in the Philippines.

    Increasing Urban Population opting for Orthodontic treatments: Although most of the population of the Philippines currently lives in remote and rural areas, the country is witnessing major population migration from rural to urban areas. This shift is expected to continue to increase, contributing to the increased utilization of dental services in these regions. The Philippines is considered the selfie capital of the world and wearing braces is very common in the country, especially among teenagers, which is expected to drive the growth of the dental services market in the country.

    Analysts at Ken Research in their latest publication Philippines Dental Services Market Outlook to 2026F – Driven by Rising Oral Health Awareness, Growing Economy and Dental Tourism in the Philippines observed that the Dental Services market is an emergent healthcare market in the Philippines at a rebounding stage from the economic crisis after the pandemic. The rise in the prevalence of dental diseases and orthodontics treatments is expected to contribute to market growth over the forecast period. The Philippines Dental Services Market is expected to grow at a CAGR of 5.9% over the forecasted period 2021-2026F, due to a rise in dental tourism, a rise in urban population and an upgradation in technology.

    philippines-dental-services-market

    Key Segments Covered:-

    Philippines Dental Services Market

    By Types of Services

    General Dentistry

    Orthodontics

    Oral Surgery

    Periodontics

    Endodontics

    Cosmetic Dentistry

    Prosthodontics

    Dental Implants

    Pediatric Dentistry and Others.

    By Revenue Division:

    Domestic

    International Tourist

    By End Users:

    Dental Clinics (Organized + Unorganized)

    Hospitals (Public + Private)

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    By Dental Clinics:

    Unorganized Dental Clinics

    Organized Dental Clinics

    By Cities:

    Manila

    Davao

    Cebu

    Iloilo

    Others

    Key Target Audience

    Dental Service Providers

    Dental Equipment Distributors

    Dental Equipment Manufacturers

    Dental Clinics

    Hospitals

    Healthcare Companies

    Pharmaceutical Companies

    Tourism Agencies

    Market Research and Consulting Firms

    Government Bodies & Regulating Authorities

    Time Period Captured in the Report:

    Historical Period: 2018-2021

    Base Year: 2021

    Forecast Period: 2022– 2026F

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    Companies Covered:-

    Dental Services Providers

    MetroDental

    GAOC

    Smile Makers Dental

    Urban Smiles

    NovoDental

    Whitehouse Dental Clinic

    Affinity Dental

    Dental World Manila

    Green Apple Dental

    DentaGem

    BrightSmile Avenue Dental

    Elevate Dental

    Key Topics Covered in the Report

    Philippines Healthcare Overview

    Philippines Dental Services Market Overview

    Ecosystem of Philippines Dental Services Market

    Business Cycle and Genesis of Philippines Dental Services Market

    Market Sizing Analysis of Philippines Dental Services Market: Revenue, 2018-2021

    Philippines Dental Services Market Segmentation (By Type of Services, By End Users, By Dental Clinics, By Revenue Division, By Cities), 2021

    End User Analysis of Philippines Dental Services Market

    Industry Analysis of Philippines Dental Services Market

    SWOT Analysis of Philippines Dental Services Market

    Key Growth Drivers in Dental Service Market in Philippines

    Trends Driving Adoption Of Digital Innovation

    Major Challenges and Bottlenecks in Philippines Dental Services Market

    Regulatory Framework in Philippines Dental Services Market

    Competition Framework for Philippines Dental Services Market

    Market Share of Major Dental Services Providers in Philippines Dental Services Market

    Cost Sheet of Major treatments and Price List of major Players

    Impact of Covid-19 on Philippines Dental Care Market

    Future Outlook and Projections of the Industry, 2021-2026F

    Market Opportunity and Analyst Recommendations

    For more insights on the market intelligence, refer to below link:-

    Philippines Dental Services Market

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