Dental Clinics Market Singapore, Medical Clinics Industry Singapore-Ken Research

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Singapore Medical and Dental Clinics Market
Outlook to 2022-Ken Research
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The report titled Singapore Medical and Dental
Clinics Market Outlook to 2022 Led by Inorganic
Expansion of Major Clinics and Expansion into
More Specialized Services covers dental and
medical clinics market segment by region, growth
driver, restraints, government regulations,
competitive landscape of major players in the
Singapore clinics market including Singapore
Medical Group, QM Dental Group, ISEC Healthcare,
TalkMed, Singapore OG, Healthway Medical
Corporation, HC Surgical Specialists Limited and
Unity Denticare. The report concludes with market
projections for future and analyst
recommendations highlighting the major
opportunities and cautions. Singapore Clinics
Market Overview Singapore clinics market inclined
at a positive CAGR during 2013 to 2017. The
market is at a growing stage with major clinic
groups undertaking inorganic methods of expansion
and widening their service portfolio. The demand
for primary healthcare services has increased due
to increase in ageing population and increasing
chronic diseases prevalence. Diabetes,
hypertension, hyperlipidaemia were the top
chronic conditions treated at clinics during the
review period. Clinics in Singapore provide
primary healthcare services at subsidized rates
under CHAS Scheme which includes primary medical
treatment, preventive healthcare and health
education. Singapore Clinic Market
Segmentation By Type of Clinic Medical clinics
have accounted for the largest share in the
overall Singapore Clinics market revenue in 2017.
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This is majorly driven by organic and inorganic
expansion of large players and adoption of asset
light model. Other types of clinics include
dental clinics. By Region Majority of the
clinics are located in the central and north
region of Singapore driven by high population,
and greater connectivity with other parts of
Singapore. Within this region Woodlands and
Yishun have the most number of clinics offering
dental and family medicine. Singapore Clinics
Market Competition Overview The clinics market is
dominated by private GP clinics which meet
majority of the total primary care demand in
Singapore. These range from solo practices to
medium and large corporate groups. The market has
witnessed a rise in number of mergers and
acquisitions and major clinics have increased
their specialized doctor personnel in order to
enter into new medical segments. Leading clinics
groups have adopted asset light model in order to
attain higher growth rates. Major competition
parameters include geographic presence, services
offered, doctor personnel, facilities and
price. Singapore Clinics Market Future
Potential The clinics market in Singapore is
expected to grow at a double digit CAGR during
2017 to 2022. The market will be driven by
emergence of more specialized group which run on
asset light model and rely heavily on growing
number of doctors to leverage on economies of
scale.
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This will further enhance cross selling
opportunities within the group. Such developments
will lead to consolidation. Further, the organic
growth of the private healthcare sector is
expected to improve in the coming years as major
players shift focus to offering specialized
services. Participation in electronic records
system could become a licensing requirement for
clinics. This will help in improving the quality
of health care services. For more information on
the research report, refer to below
link https//www.kenresearch.com/healthcare/gener
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Contact Us Ken ResearchAnkur Gupta, Head
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