Ken Research - Australia Dental Services Market Outlook to 2022

Australia Dental Services Market was Driven by Rising Dental Health Awareness and
Private Health Insurance Funding: Ken Research
Rising dental service fee, per capita dental expenditure and growing pool of dental practitioners to aid
growth of Australia Dental Services Market in the mid-long term.
An incline in dental visit by Australians driven by rise in general awareness for dental health
and prevention and growing unhealthy food habits resulted in increased market revenues
during the last few years. The number of dental practices in the country recorded grew at a
steady pace during FY’2012-FY’2017 which augmented dental clinics visits in the concerned
period.
The report titled ”Australia Dental Services Market Outlook to 2022 - By Payer (Individual,
Government, Private Health Insurance and Others), by Service (Restorative, Preventive &
Diagnostic, Endodontic, Prosthodontics, Oral Surgery and Others), by Organized Dental
Chains and Standalone Dental Clinics” by Ken Research suggested that the Australia dental
services market is anticipated to grow at a CAGR of 3.6% during the period FY’2017-FY’2022.
Private health insurance funding continued to witness an incline from AUD 1,181 Million in
FY’2012 to AUD 1,876 Million in FY’2017. This represented growth at a CAGR of 9.7% during
FY’2012-FY’2017. Growing private health insurance coverage largely stimulate market growth
as patients are willing to visit dental clinics on a more frequently and undergo expensive
procedures since part of it is funded by insurance funds.
Furthermore, number of dental establishments and dental service fees recorded low single digit
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