China Dental Industry Report, 2014-2018 Market Research Analysis

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Oral industry refers to the medical industry chain on the basis of oral medical consumption, mainly covering oral medical apparatus (equipment and consumables) and oral medical services. As reform of medical and health care system further deepens, the rise in per capita disposable income and the growing awareness of health have bolstered rapid development of the oral industry in China over recent years.

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Oral medical apparatus: In 2013, the revenue of enterprises each with annual revenue of RMB20 million or more from their main business operations in China oral medical apparatus industry rose by 31.9% from a year earlier to RMB5.025 billion, and the figure for the first eleven months of 2014 reached RMB3.623 billion, well above that in 2012, despite a decline in year-on-year growth.

There are a great variety of oral apparatus and consumables and numerous manufacturers in China, presenting a relatively low market concentration. However, the mid- to high-end market is dominated by foreign brands, which entered the Chinese market via agents or branches in the early days, and some of them out of optimism about the Chinese market built production bases in China. For example, Foshan has gathered 17 world-renowned dental equipment manufacturers including Sirona Dental.

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In 2012, Hefei Meiya Optoelectronic Technology launched its dental CBCT, breaking the monopoly of foreign brands (American Carestream, German Kavo and Sirona, Italian New Tom, Finnish Planmeca and South Korean Vatech) in the market segment, and showing conspicuous tendency of import substitution. By virtue of price advantage and excellent after-sales service, the output in the...