Philippines Dental Care Services |Philippines Cosmetics Dental Services Industry

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Philippines Dental Care Market Report 2020- Ken
Research
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• The Philippines dental care services market
  perceived an impressive compounded annual growth
  of during the review period 2009-2014. This
  tremendous elevation can be attributed to the
  growing concerns over maintaining proper oral
  hygiene. Changing lifestyles and eating
  preferences have affected the oral health of the
  Filipinos and increased the incidence of dental
  problems. The rising number of dental clinics in
  the country along with the growing number of
  dental practitioners has been further driving the
  growth of this market.

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• It has been observed that the country recorded
  nearly registered dental professionals and
  dental clinics including both private clinics and
  public hospitals in 2014. Further, majority of
  the dental clinics in the Philippines were
  entrepreneur based standalone clinics, while only
  of the clinics was organized. The
  prosthodontic dental service has been the largest
  revenue generating segment in the dental care
  services market, which reported revenue share
  in 2014.

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• The Philippines dental equipments and consumables
  market which constituted a share of in the
  overall revenue of Philippines dental care market
  in 2014 garnered revenues of USD million during
  2014. Overall, the market has observed a
  reasonable CAGR of during 2009-2014. The
  Philippines dental equipments and consumables
  market has been mainly driven by increasing
  demand for technological advancements and the
  growing demand for premium quality supplies used
  in treatment by patients.

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• Further, innovative dental chairs, imaging
  systems and CAD/CAM dental systems have
  facilitated rapid and effective dental diagnosis
  and treatments. Dental chairs and related
  equipments have been the leading contributor to
  the dental equipment and consumables market in
  the Philippines with a contribution of in 2014
  on the basis of revenues. A dental chair is the
  most expensive equipment required in a clinic.
  Therefore, dental chairs contributed to revenue
  of USD million during 2014.

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• The dental equipments and consumables market in
  the Philippines is projected to grow at a strong
  positive rate until 2019, where the market is
  likely to reach USD million in 2019 from USD
  million in 2014. The consumables market is
  expected to grow at a CAGR of during
  2015-2019. The Philippines is not a large
  manufacturer of medical devices or equipments and
  therefore largely dependent on imports from
  China, Germany, other countries including
  Singapore, South Korea, the US.

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• The Philippines oral care market has been
  experiencing a transformation owing to increasing
  awareness for oral health and hygiene. Apart from
  dental carries and gum diseases, bad breath is a
  major concern amongst the Filipinos. The oral
  care market in the Philippines has grown at a
  CAGR of during the period of 2009-2014. Apart
  from toothpaste and toothbrushes, dental rinses
  and floss have gained popularity over the past
  few years particularly in the urban areas. As
  more and more people become conscious about their
  social status and physical traits, such products
  have been able to help Filipinos in avoiding bad
  breath and the problem of tooth sensitivity
  without having to visit a dentist very often.

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• The oral care market in the Philippines has been
  largely dominated by toothpaste and toothbrush,
  which contributed a gigantic share of to the
  overall revenue of the market in 2014. Further,
  mouthwashes have become an increasingly essential
  part of oral healthcare in the Philippines over
  the last decade. The market for oral care in the
  Philippines has been majorly dominated by global
  players such as Colgate Palmolive, Unilever, PG
  and GlaxoSmithKline (GSK). Together, these
  players contributed a share of . to the revenue
  of Philippines oral care market in 2014.
  Colgate-Palmolive Philippines has remained as the
  market leader holding its value share of in
  2014.

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• Oral care market is expected to elevate at a CAGR
  of over the forecast period, to reach USD
  million by 2019. A healthy volume growth is also
  expected, as manufacturers have been urging
  consumers to increase the amount of toothpaste
  used for brushing, and also to brush twice a day
  through commercials and dental health programs.
  The market will continue to be dominated by
  toothbrushes and toothpaste segment, which would
  generate revenues of USD million by 2019. The
  dental care market in Philippines is expected to
  grow at a healthy pace owing to surge in the
  number of patients suffering from oral problems
  as well as due to the growing awareness among the
  countrys population.

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• Additionally, consumption of alcohol and tobacco
  in larger quantities would amplify the incidence
  of oral problems among the youth. Further, the
  countrys growing elderly population will
  continue to act as an important driver of the
  dental care market. Rising incomes of consumers
  would enable them to spend on oral hygiene which
  includes oral care products. Additionally, the
  rising dental tourism in the country is further
  anticipated to support the growth of the market
  in the near future. The Philippines dental care
  market is anticipated to rise from USD million
  in 2014 to USD 2,725.3 million in 2019 at a CAGR
  of .

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• The dental care market is anticipated to witness
  a growth in the number of dental chains which
  would expand the share of organized dental
  clinics in the country. The need to use premium
  quality and durable consumables as well as
  advanced diagnostic and treatment equipments will
  continue to drive the dental equipments and
  consumables market in the Philippines. The
  country will continue to depend on imports until
  the government starts offering opportunities and
  incentives for growth of domestic manufacturers.
  The oral care market will continue to witness
  launch of new and innovative products by
  multinational companies. Use of innovative
  ingredients will attract customers and therefore
  drive growth in the oral care market.

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• Source https//www.kenresearch.com/healthcare/g
  eneral-healthcare/philippines-dental-care-market-r
  eport/5632-91.html
• Contact UsKen ResearchAnkur Gupta, Head
  Marketing CommunicationsAnkur_at_kenresearch.com
  91-9015378249
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