The Dental Market in India
Ideal opportunities for entering the rapidly developing dental market
- India has a middle class with strong purchasing power. An estimated 200 – 220 million people belong to this class, and they are attaching increasing importance to healthy teeth and dental cosmetics.
- India has at least 40,000 practising dentists. There are approximately 7,000 dentists located in Mumbai and the agglomerated area.
- Approximately 270 institutes offer dentistry qualifications for some 80,000 dental students in India, and they require high-grade equipment.
- As a whole, the market (dental equipment, fittings, materials) is valued at around US million annually, while the entire Indian dental care service market is up to US$ 446 million.
- Imports account for around 40% of the market volume.
- Growth rates of up to 20% are forecasted for the dental technology market in the coming years.
Sources:
FDI Market Overview from the FDI Meeting 2004 in New Delhi
Market study by Consulimus AG in December 2006