Rising awareness of Dental Services: Changes in lifestyle and diet have caused several health issues in Vietnam, including those related to dental health. The dental services market growth will be influenced by the rise in periodontitis and teeth decay. In addition, a rise in demand for aesthetic and cosmetic dentistry will also help the market grow.
Shift Towards Subscription-Based Coverage: Subscription dental services are a solution for both patients and dentists. These services offer an annualized or monthly rate that covers regular cleanings, x-rays, and even fillings or other surgery. They can be cost-effective for patients while guaranteeing more revenue for dental practices. With rising per capita income and insurance cover, this model can lead to market growth.
Digital Healthcare: Telemedicine, AI and Big Data adoption in healthcare have received tremendous support from the government. Foreign investors are also motivated to join. Thus, this trend may continue and enable Vietnam to achieve its goal “health for all” which would make dental services more accessible and affordable thus increasing demand and driving growth.
Government Initiative: Government Initiatives of making more people aware of the benefits of Oral Hygiene, providing lucrative offers to Vietnam Dental Tourists and providing aids to those pursuing dentistry as Higher Education to ensure that the dentists per 1000 population reaches the adequate number will change the future dynamics of Vietnam Dental Services Market.
The report “Vietnam 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 provides a comprehensive analysis of the potential of Dental Services Industry in Vietnam. The rising Dental consciousness among the population, along with the growing Dental Tourism and Government Initiatives, is expected to contribute to the market growth over the forecast period. The Vietnam Dental Services Market is expected to grow at a CAGR of 6.0% over the forecasted period 2021-2026F.