Future of domestic oral health market looks bright

China's oral health market was worth 121.5 billion yuan ($17.9 billion) in 2018, and is expected to grow rapidly this year, a recent report said.

The report, jointly released by online research consultancy VC Brat Research and online food review and delivery company Meituan-Dianping, showed that the nation's oral health market has huge growth potential, owing to the fact that four core factors - population base, prevalence rate, treatment penetration and single consumption expenditure - are all growing.

Statistics from chyxx.com, an industry information network, showed that in 2017, the number of patients in China seeking treatment was 694 million, up 4.5 percent from 2008. The average expenditure for each patient in 2017 was 2,613 yuan, up 115 percent from that in 2008. The treatment rate in 2017 was nearly 5 percent, up from under 3 percent in 2008.