Thailand Dental Services Market Outlook to 2026F Driven by Rising Dental Awareness and Government'S Strong Initiatives in Healthcare System

The report provides a comprehensive analysis of the potential of the Dental Service industry in Thailand. The report covers an overview, and genesis of the industry, and market size in terms of number of clinics.

Its market segmentations include By Type of Services, By Type of Institutions, By Dental Clinics, By Revenue Division, By Cities; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview:

According to publisher estimates, the Thailand Dental Services Market grew from approximately ~$ 1.1Bn in 2018 to approximately ~$ 1.2 Bn in 2021 and is forecasted to grow further into a ~$ 1.7Bn opportunity by 2026F, owing to the growth in the urban population, ageing population, rising dental tourism and government’s initiatives in healthcare.

The rates of dental health care services offered in the Thailand are comparatively lower than in other countries such as Canada or Japan, this attracts a lot of international tourists adding to the revenue generated by the dental services market in Thailand.

The Statistics show that Thailand has a 1:3,900 dentist-to-population ratio. Many dentists in Thailand get their degrees and training from European nations or the US and return to their home country for practicing dentistry.

Key Trends by Market Segment:

• By Type of Services: Prosthodontics is one of the major revenue generators in the Thailand. It is one of the most opted-for services in Thailand. It is a dental specialty service which is related to restoration and replacement of teeth
• By Type of Institution: Hospitals have longer queues and waiting time and are located in the center of cities, so people prefer going to clinics near them. Majorly, dental clinics are the most opted-for treatments
• By Cities: The majority of the revenue comes from metropolitan hubs like Bangkok, Chonburi and Udon Thani considering that these are urban areas in Thailand and dentists as well as dental clinics are majorly concentrated in these cities

Future Outlook

The Thailand Dental Services Market witnessed significant growth during the period 2018-2021, owing to a rise in urban population, government initiatives, general awareness, and upgradation in technology.

The growth rate of the total Dental service market is going to increase over the period as there is a rising awareness among consumers and increasing dental tourism in the country.

 

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