Project report for Dental Clinic

Introduction

Project report for Dental Clinic is as follows

Healthcare has become one of India’s largest sectors - both in terms of revenue and employment. Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. The Indian healthcare sector is growing at a brisk pace due to its strengthening coverage, services and increasing expenditure by public as well private players. The private sector provides majority of secondary, tertiary and quaternary care institutions with a major concentration in metros, tier I and tier II cities.

The globa dental market is growing at a rate of CAGR 5% in the last five years with Asian markets shows highest growth of 10$ anually. With over 5000 dental laboratories , 297 dental institutes India is growing as a biggest market in the dental industry. The dental market in India is expected to grow at a rate of 20-30% annually .The current dentist population ratio in urban area is 1: 9000 and in rural area it is 1: 200000. The value of the dental equipment and laboratory is alone around $ 90 million annually.


Product / Services & process

 

 


Market potential & Strategy

 The global dental market is growing at a rate of CAGR 5% in the last five years with Asian markets shows highest growth of 10 % anually. With over 5000 dental laboratories , 297 dental institutes India is growing as a biggest market in the dental industry. The dental market in India is expected to grow at a rate of 20-30% annually .The current dentist population ratio in urban area is 1: 9000 and in rural area it is 1: 200000. The value of the dental equipment and laboratory is alone around $ 90 million annually. 99% of the dental market in india is private and the need of more dentists and clinics are increasing day by day. Today, India have about 1,80,000 registered dental graduates across India, out of which only about 80,000 are actively practising dentists. These practising dentists are primarily in the urban and semi-urban areas, with the rural areas having a dearth of this talent. Overall, from a market size perspective, after taking into account all the dental equipment including dental chairs and dental materials for all kinds of dental procedures, the overall market size of the Indian dental market is approximately $2 billion (Approx. 13,000 Crores) with a market growth rate of 20% YOY. India is one of the fastest growing dental markets in the alongside China.


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