Industry Analysis & Industry Trends
The Dental Equipment Manufacturing industry used to be rather undeveloped in China as neither government nor citizens paid much attention to dental health. Before 2000, there were only 10 enterprises, generating revenue of $28.7 million in 1999 (constant 2011 dollars). Since 2000, the industry has welcomed rapid growth with annualized revenue growth of 25.4% from 2000 to 2010. In 2010, there were 48 enterprises in the industry generating $379 million. Two of the main reasons for this are the improved living standards and greater emphasis on dental health.
Growth of the industry has sped up during the past five years and is forecast to be strong from 2012 to 2016. Revenue is forecast to total $506.3 million in 2011, up 33.6% from 2010 with an average annual growth rate of 36.3%... purchase to read more
Industry Report - Starting a New Business Chapter
Generally, the Dental Equipment Manufacturing industry in China is subject to heavy controls due to its impact on the health and safety of the Chinese population. Departments such as General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China (AQSIQ) have implemented many policies, regulations and technical rules to ensure product and market standardization, and the steady development of the industry.
In order to maintain long-term competitiveness, players in this industry must be ready for consistent and heavy investment in research and development to ensure that their product lines are optimal and reliable... purchase to read more