Vietnam Dental Fluoride Treatment Market Analysis

Vietnam Dental Fluoride Treatment Market Executive Summary

The Vietnam Dental Fluoride Treatment Market is at around $75.8 Mn in 2023 and is projected to reach $100.7 Mn in 2030, exhibiting a CAGR of 4.13% during the forecast period 2023-2030.

Dental hygienists and dentists professionally apply high-concentration fluoride products to teeth in order to build enamel and prevent tooth decay. This procedure is known as a dental fluoride treatment. During routine dental appointments, they are usually applied as a gel, foam, varnish, or solution. Fluoride fortifies enamel and increases teeth's resistance to bacterial acid attacks by enhancing the absorption of minerals like calcium and phosphate. It also inhibits the growth of cavity-causing bacteria, slowing or stopping their destructive effects. Fluoride is a valuable tool in the fight against tooth decay and enamel deterioration.

Irritation, allergic reactions, and transient discolouration are possible adverse effects. Fluorosis can result from excessive consumption, especially in young infants. However, because over-the-counter drugs have modest concentrations, it is difficult to reach harmful amounts. Supplement acute poisoning can result in vomiting, diarrhoea, and in extreme circumstances, even death.

According to the Infodent International report, the prevalence of dental caries in the general Vietnamese population is around 67%, while the prevalence of periodontal disease is 72%. The market therefore is driven by significant factors like growing prevalence of dental caries coupled with increasing awareness regarding oral health and hygiene, increasing the intake of sugary drinks and food, cosmetic dentistry boom, technological advancements etc.

The industry is primarily dominated by players such as are Colgate Palmolive, GSK, Unilever, P & G, Sanofi, Pfizer, among others.

Market Dynamics

Market Drivers

Increasing Prevalence of Dental Disorders: According to the Infodent International report, the prevalence of dental caries in the general Vietnamese population is around 67%, while the prevalence of periodontal disease is 72%. The high burden of dental diseases, particularly among the adult population, has heightened the demand for preventive treatments like fluoride to maintain oral health.

Increasing Awareness of Dental Health and Oral Hygiene: There has been a growing awareness among the Vietnamese population about the importance of maintaining good oral hygiene and seeking professional dental care. Educational initiatives, awareness campaigns, and information dissemination efforts have helped increase consumer knowledge about the consequences of poor oral health and the benefits of adopting regular oral care routines.

Expansion of Dental Infrastructure and Services: Government initiatives and investments in healthcare infrastructure have helped expand the accessibility of dental services across urban and rural areas in Vietnam. The growth of dental facilities and clinics has made dental care, including fluoride treatments, more available to the population.

Market Restraints

Limited Access to Dental Care Services: Despite the expansion of dental infrastructure, there are still areas, particularly in rural regions, with limited access to professional dental services. This lack of accessibility can hinder the adoption of fluoride treatments and other preventive dental care measures.

Low Awareness of Oral Hygiene Importance: While awareness has been increasing, there are still segments of the population that may not fully understand the importance of maintaining good oral hygiene and seeking regular dental care. Educating the public, especially in underserved communities, about the benefits of preventive dental treatments like fluoride remains an ongoing challenge.

High Cost of Dental Care: The cost of professional dental services, including fluoride treatments, can be a significant barrier for some individuals in Vietnam, limiting the accessibility of these services. Addressing the affordability of dental care, through government subsidies or insurance coverage, could help improve the adoption of fluoride treatments.

Regulatory Landscape and Reimbursement Scenario

The regulatory landscape for dental care in Vietnam is primarily overseen by the Vietnam Odonto-Stomatology Association (VOSA), the main professional organization for dentists in the country. The VOSA plays a crucial role in setting standards for dental care services and practices, working closely with the Ministry of Health to establish regulations. It is responsible for overseeing dentist education, training, and licensing, as well as accrediting and registering dental care providers. All dentists must be registered with the VOSA to practice legally in Vietnam. The association also mandates continuing education for licensed dentists to ensure they stay current with the latest dental techniques and practices. Additionally, the VOSA advocates for the dental profession's interests, helping to shape policies and regulations in the industry.

Regarding the reimbursement scenario, dental care coverage in Vietnam is limited. While the country has a social health insurance system, it provides only partial coverage for dental care. Most dental procedures and treatments are paid for out-of-pocket by patients. The government's health insurance program does cover some basic dental procedures, but comprehensive dental care is not included. Private insurance options for dental care exist, but they are not as widespread or comprehensive as those for other medical services.

Competitive Landscape

Key Players

Here are some of the major key players in the Vietnam Dental Fluoride Treatment Market:

• Procter & Gamble
• Himalaya Wellness
• Amway Vietnam Company Limited
• Colgate Palmolive
• Unilever
• Koninklijke Philips
• Johnson & Johnson
• GSK
• 3M
• VOCO