China Dental Industry Report, 2013 - 2016
Albany, NewYork (PRWEB) January 22, 2014
The dental industry refers to medical industrial chain on the basis of oral medical consumption, consisting mainly of dental appliances (equipments and consumables), dental medical services, etc. with the synergy of deepening implementation of new medical reform, growing per capita disposable income and raising public awareness over health, China dental industry has witnessed robust development in recent years.
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Dental Appliance: in 2012, the revenue of China dental equipment industry increased by 6.7% year-on-year to RMB2.7625 billion; in Jan.-Oct., 2013, it reported the revenue of RMB4.2094 billion, up 92.9% year-on-year. Domestic industrial players, including Xianyang Northwest Medical Instrument (Group), Runyes, Shinva Medical Instrument, Shanghai Fosun Pharmaceutical (Group), Hefei Meiya Optoelectronic Technology, and Fujian Meisheng Medical Science & Technology, are increasingly sharpening their competitiveness. Xiya Optoelectronic Technology, for example, unveiled its CBCT in 2012, dismantling monopoly of foreign brands such as Carestream from US, Kavo and Sirona from Germany, New Tom from Italy, Planmeca from Finland, Vatech from South Korea, and Morita from Japan. In 2012 and H12013, the sales of the company from CBCT hit RMB1.15 million and RMB5.53 million, respectively, with a tendency to replace imported brands.
Dental Medical Service: in 2006-2011, the total revenue of China’s stomatological hospitals soared from RMB2.37 billion to RMB6.5 billion, with the CAGR of 22.4%. By gross margin, stomatological hospitals have been ranked top three among specialized hospitals of all kind for many consecutive years, with the number in 2011 reaching 11.8%.
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In consideration of the fact that the revenue generated by stomatological hospitals is excluded from that generated by the department of stomatology of general hospitals which number around 18,000, and that private clinics such as Arrail Dental and iByer Dental Group are more active in marketing, the overall oral medical industry performs better than the above data in terms of industrial scale, growth rate and gross margin.
Thanks to a series of proactive policies and robust demand, China has fostered nationwide oral medical service institutions represented by TC Medical, Arrail Dental, iByer Dental Group, and Jia Mei Dental which can be most founded in economically developed regions such as Beijing, Shanghai, Jiangsu, Zhejiang and Guangdong, as well as flagship chain brands represented by Yafei Dental, Ai Kang Jian Dental, Changsha Haoyayi, and Dalian MEIER DENTAL.
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1. Overview of Dental Industry
1.2 Classification of Dental Devices & Materials
1.3 Characteristics of Stomatological Hospitals
2. Status Quo of China Dental Industry
2.1 A Small Number of Chinese People Have Personal Dentists
2.2 High Morbidity, but Low Rate of Outpatient Visits
2.3 Late Start of Professional Orthodontics
2.4 Active Import & Export Trade
The Medical Device Market: Malaysia
Malaysia’s medical (http://www.researchmoz.us/the-medical-device-market-malaysia-report.html) devices and supplies are mainly imported, especially the more technologically advanced items. Espicom estimates current growth in the market to be a strong 15.9% per year, reaching US$2.8 billion, or US$90 per capita, by 2017.The major natural resource is rubber, and the country’s medical device exports are dominated by latex products such as surgical gloves. The share of this sub-category has slowly started to diminish with the steady growth of diagnostic imaging exports in recent years, particularly electrocardiographs and other electrodiagnostic apparatus.
Global Dental Surgical Equipment Market
Using Plimsoll’s (http://www.researchmoz.us/dental-surgical-equipment-global-industry-report-report.html) exclusive methodology, a quick glance of this Dental Surgical Equipment (Global) report will tell you that 41 companies have a declining Plimsoll financial rating, while 37 have shown good sales growth. Each of the largest 350 companies is meticulously scrutinised in a one-page individual assessment and is analysed using the most up-to-date and current financial data.
Established in 1987, Plimsoll provides busy managers with a set of tools to monitor the financial welfare of their company, their rivals, or those they wish to acquire.
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