LONDON, Oct. 26, 2016 /PRNewswire/ -- Since 1989, National Health and Family Planning Commission of the People's Republic of China issued the Rules to be in charge of hospitals by grade, public hospitals in China have been accredited into three different grades classification system based on hospital functions, missions, facilities, professional construction, healthcare quality and safety, scientific management, etc.
There were 24.7 thousand hospitals by the end of 2013, and the number has grown to 25.5 thousand in 2014, which was 4.28% YoY growth.
Chinese residents' oral healthcare consciousness is relative low. The statistics showed that over 80% of teens have dental caries problem, and over 90% of adults have suffered periodontal disease, which indicated dentistry market size is huge.
At the end of 2014, there are about 432 stomatological hospital in China, with an increase of 12.5%. From 2008, the number of China's dental medical personnel increased every year, and reached to 30,567 persons at the end of 2014.
The competition of dental hospital will continue to expand in future, and the market size of dental industry will continue to rise. According to preliminary statistics, the market size of China's oral medical equipment up to around RMB135 billion in 2015, and it is expected China's oral medical equipment and related products and services market will exceed RMB400 billion in 2020. Therefore, China's dental equipment market will continue to maintain rapid growth with a huge room. High value-added services such as orthodontics and dental implants will drive the overall dental market for 20%-30% of the rapid growth trend.
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