1. Growing economy and Rising General Awareness among the locals is fueling the growth in Thailand Dental Services Market.
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Rising standard of living, growing urbanization and an expanding middle class are supporting the growth of dental clinics as well as increased expenditure on dental care services primarily for dental cosmetics and oral care products. Due to the rapid growth in its elderly population, Thailand is facing increased demand for quality dental services, specifically for more complicated dental procedures like implants. A continuously growing economy is expected to affect the mindset in terms of health expenditure and drive people to focus on their oral health.
2. Anxiety among doctors and higher costs were some of the challenges faced by the Dental Services Market during the Covid-19
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Oral care routines deteriorated during the pandemic, with fewer people brushing their teeth twice a day compared to 2018 and the income of the Thai DCWs decreased dramatically, and DCWs experienced moderate to high level of anxiety concerning their own lives and their families’ lives. Despite the negative impacts of Covid-19, some positive developments have been accelerated as a result of the pandemic. These include harnessing the skills of all members of the dental team and remote consultation, like tele-dentistry, telemedicine, and the use of the Internet of Dental Things.
3. Thailand Dental Service market is expected to generate more revenue with a robust CAGR, owing to increasing dental tourism, accessibility and insurance coverage.
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The Kingdom of Thailand wants to stimulate its economy by becoming an international hub for medical and dental treatment. Government is launching a program to promote dental tourism of a one-price policy, under which Thai residents and foreign visitors will pay the same fees for dental procedures. A central database is being developed, as well as systems for functions such as processing payments and resolving disputes.