- Serangoon’s population is anticipated to grow at the rate of 6.7% by 2030F. The residents ease to reach Dental services and facilities gives Serangoon edge over other cities in Singapore.
- The government has declared medical and dental tourism a national priority and created a special agency, Singapore Medicine, to promote health tourism to Singapore.
- The total number of dentists (comprising 395 Dental Specialists and 2,089 General Dental Practitioners) as of 31 December 2021 was 2,484, a 0.08% increase from 2,482 in 2020.
Rising awareness of Dental Services: Changes in lifestyle and diet have caused several health issues in Singapore especially during recent pandemic era, 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. Covid-19 pandemic has increased the demand for tele-dentistry. 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 Singapore 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 has increased expenditure to further subsidize healthcare. The CHAS was enhanced in November 2019 with a new tier that extends coverage to all Singaporeans for chronic conditions, regardless of income. MediShield Life premiums are subsidized by the government on the basis of income.
The report “Singapore Dental Services Market Outlook to 2026F– Driven by Rising Dental Awareness, Technological Upgradation and Government’s Health Insurance Programs in Healthcare System“ by Ken Research provides a comprehensive analysis of the potential of Dental Services Industry in Singapore. The rising Dental consciousness among the population, along with improved technology and Government Health Insurance and Dental Tourism Initiatives, is expected to contribute to the market growth over the forecast period. The Singapore Dental Services Market is expected to grow at a robust CAGR over the forecasted period 2021-2026F.
Key Segments Covered:-
Singapore Dental Services Market
By Types of Services
Endodontics
Cosmetic Dentistry
Prosthodontics
Orthodontics
Periodontics
Others (wisdom teeth removal, facial trauma, corrective jaw surgery and other minor surgeries)
By End Users
Dental Clinics (Organized + Unorganized)
Hospitals
By Dental Clinics
Unorganized Dental Clinics
Organized Dental Clinics
By Revenue Division
Domestic
International Tourist
By Cities
Serangoon
Bedok
Clementi
Jurong
Others (Botok, Harbour front, marine parade and remaining regions)
Key Target Audience
Dental Service Providers
Dental Equipment Distributors
Dental Equipment Manufacturers
Dental Clinics
Hospitals
Healthcare Companies
Pharmaceutical Companies
Tourism Agencies
Government Bodies & Regulating Authorities
Time Period Captured in the Report:-
Historical Year: 2018-2021
Base Year: 2021
Forecast Period: 2021– 2026F
Companies Covered:-
Dental Services Providers
Q&M
Royce Dental Surgery
Advanced Dental Company
Unity Denticare
Family Dental Centre
Nuffield Dental
T32 Dental Group
Greenlife Dental
Toof Dental Surgeon
Healthway Singapore
Key Topics Covered in the Report
Singapore Dental Services Market Overview
Singapore Healthcare Overview
Ecosystem of Singapore Dental Services Market
Business Cycle and Genesis of Singapore Dental Services Market
End User Analysis of Singapore Dental Services Market
Consumer Journey in Singapore Dental Services Market
Consumer Pain Points in Singapore Dental Services Market
Industry Analysis of Singapore Dental Services Market
SWOT Analysis of Singapore Dental Services Market
Key Growth Drivers in Dental Service Market in Singapore
Major Challenges and Bottlenecks in Singapore Dental Services Market
Regulatory Framework in Singapore Dental Services Market
Competitive Landscape in in Singapore Dental Services Market
Market Share of Major Dental Services Providers in Singapore Dental Services Market
Detailed Analysis on Singapore Dental Services Market (Market Size and Segmentation, 2016-2021; Future Market Size and Segmentation, 2021-2026F)
Market Opportunity and Analyst Recommendations
For more information on the research report, refer to below link:
Singapore Dental Services Market
Related Reports:-
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Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249
