Australia Dental Health MarketPosted by kenresearch on March 16th, 2018 Australia Dental Services Market by Sector (Organized and Unorganized), by Payer (Individual, Government, Private Health Insurance and Others), by Service (Restorative, Preventive & Diagnostic, Endodontic, Prosthodontics, Oral Surgery and Others), by States(Victoria, New South Wales, Queensland, Western Australia, South Australia, Australian Capital Territory, Tasmania and Northern Territory), company profile of major players including Bupa Dental Corporation, Maven Dental Group, Pacific Smiles, National Dental Care, Primary Dental, 1300 Smiles, No Gaps Dental, All On 4 Dental. Ken Research in its latest study,Australia Dental Services Market Outlook to 2022 - By Payer (Individual, Government, Private Health Insurance and Others), by Service (Restorative, Preventive & Diagnostic, Endodontic, Prosthodontics, Oral Surgery and Others), by Organized Dental Chains and Standalone Dental Clinicssuggests that Bupa Dental Corporation, Maven Dental Group, Pacific Smiles, National Dental Care, Primary Dental and 1300 Smiles will remain the major players in this space in Australia. However, these major players will witness rising competition from existing unorganized clinics and new entrants providing cheaper services in the market.
Australia’s ageing population, growing dental health awareness, rising dental service fee and out-of-pocket, and private health insurance expenditure are likely to drive the market growth in the mid-long term. Growth in per capita expenditure would aid in more number of dental visits. In the next five years, Australia dental services market is expected to grow at a CAGR of 3.6% during the period FY’2017-FY’2022. The organized dental clinics network is expected to grow at a higher pace as compared to unorganized sector through aggressive acquisition of clinics and establishing new ones. Greater emphasis on providing quality service and rise in number of dental practitioners will result in increased local competition, less constrained labor market and better access to dentists, according to Analyst at Ken Research. Keywords:
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