Dublin, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The "Vietnam Dental Services Market, By Region, Competition, Forecast and Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com's offering.
The Vietnam Dental Services Market has experienced significant growth, valued at USD 4.21 Billion in 2023, with expectations to continue on a progressive trajectory. A Compound Annual Growth Rate (CAGR) of 4.75% is forecasted through to 2029. This increase is backed by a surge in oral hygiene awareness among the Vietnamese population and a boost in disposable income, allowing individuals to opt for higher-standard dental treatments.
Enhancing Dental Health Awareness and Economic Uptick
Notable factors such as heightened dental awareness and rising disposable incomes play pivotal roles in propelling the market forward. Vietnam's advancements in dental technology and strong government support have also contributed significantly to the accessibility and quality of dental care.
Dental Tourism: A Flourishing Segment
The expansion of Vietnam's dental services is not limited within its borders, as the country is quickly becoming a hotspot for dental tourism. Affordable prices combined with high-quality treatments have seen an influx of international patients, adding a substantial contribution to the industry's revenue stream.
Regional Developments and Market Players
Within Vietnam, there are regional differences in the accessibility and quality of dental care. Southern Vietnam, particularly Ho Chi Minh City, stands out as the dominant region, thanks to its developed infrastructure and concentration of expert dental services. Market players like Kim Dental Company Limited and Sai Gon Dental Maxillofacial Specialist Hospital Corporation are amongst the key contributors to the region's growth.
The Vietnam Dental Services Market is set to evolve with increasing demand for cosmetic dentistry and a growing end user preference for specialized dental clinics. This dynamic market reflects the country's commitment to advancing healthcare and offers insights into a sector poised for continued expansion and innovation.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 82 |
| Forecast Period | 2023 - 2029 |
| Estimated Market Value (USD) in 2023 | $4.21 Billion |
| Forecasted Market Value (USD) by 2029 | $5.59 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Vietnam |
Companies Featured
- Kim Dental Company Limited
- Sai Gon Dental Maxillofacial Specialist Hospital Corporation
- DKSH Vietnam Co., Ltd.
- Starlight Dental Clinic
- Worldwide Dental & Cosmetic Surgery Hospital
- I-Dent Dental Implant Center
- IDC Dental Company
- Far East Dental
- Picasso Dental Clinic
- Westcoast International Dental Clinic
For more information about this report visit https://www.researchandmarkets.com/r/7hek6q
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