Press release
India Dental Insurance Market : Share Along with Current & Future Trends to Illustrate the Imminent Investment Pockets.
Surge in awareness about oral hygiene and increase in government support & initiatives considering dental insurance policy lead to the development of the India dental insurance market. On the other hand, a convergence of dental and health insurance and progresses made in dental vaccines, along with tough profit margins hinder the market growth. On the contrary, implementation of technologies in current products and untapped potential of developing economies create more lucrative opportunities.
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The report segments the India dental insurance market on the basis of type, coverage, demographic, and end-user.
Based on coverage, the dental preferred provider organizations (DPPO) segment accounted for the largest market share in 2020, contributing to nearly three-fifths of the total share, and is expected to maintain the lead throughout the forecast period. On the other hand, the dental indemnity plans segment is expected to witness the fastest CAGR of 23.3 % from 2021 to 2030.
Based on type, the preventive segment contributed to the highest market share in 2020, attributing to more than two-fifths of the total market share, and is expected to dominate the market during the forecast period. On the other hand, the major segment is expected to manifest the fastest CAGR of 20.3% from 2021-2030.
Based on end-user, the individual segment contributed to the highest share in 2020, holding nearly three-fourths of the total share, and is expected to maintain dominance throughout the forecast period. The same segment is expected to portray the fastest CAGR of 19.1% during the forecast period. The report also covers the corporates segment.
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Key benefits for stakeholders
The study provides in-depth analysis of the India dental insurance market share along with current & future trends to illustrate the imminent investment pockets.
Information about key drivers, restrains, & opportunities and their impact analysis on the India dental insurance market size is provided in the report.
Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the market.
An extensive analysis of the key segments of the industry helps to understand the India dental insurance market trends.
A quantitative analysis of the India dental insurance market forecast from 2021 to 2030 is provided to determine the market potential.
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India Dental Insurance Market Report Highlights
Aspects Details
By Coverage
Dental Preferred Provider Organizations (DPPO)
Dental Health Maintenance Organizations (DHMO)
Dental Indemnity Plans
Others
By Type
Major
Basic
Preventive
By Demographic
Senior Citizens
Adults
Minors
By End User
Individuals
Corporates
Key Market Players: Allianz, Aetna Inc., AXA, Cholamandalam MS General Insurance Company Ltd, Cigna, HDFC ERGO Health Insurance Ltd. (Apollo Munich), ICICI Prudential, Life Insurance Corporation of India, MetLife Services and Solutions, LLC, Tata AIG General Insurance Company Limited
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