What is the domestic market demand for the dental industry?

Major listed companies in the oral healthcare industry: Tongze Medical (600763.SH), Guoca Materials (300285.SZ), Renfu Medicine (600079.SH), Lemay Pharmaceuticals (300006.SZ).

The core data of this article: Top 10 national health problems in 2020, the number of oral patients in China, and the comparison of per capita oral consumption expenditure of various countries

The number of oral patients in China has exceeded 700 million

The oral problem has always been an important health problem that bothers people. Problems, according to the "2021 National Health Insight Report" released by Dr. Clove, in 2020, the TOP 10 problems plaguing China's national health, oral problems ranked fifth, and rose 1 place compared to last year, China's national oral health has become a problem that can not be ignored.

According to the data disclosed by the Ministry of Health, since 2015, the number of oral patients in China has been increasing year by year, and has reached 700 million people in 2019, accounting for half of the total population of the country; 2020 China's oral patients are estimated to grow further. It can be seen that China's oral care industry has huge potential consumers.

Consumers' awareness and willingness to take care of their oral health

On the other hand, China's people's knowledge of oral knowledge and the enthusiasm of oral health care attitude are improving, according to the National Health and Family Planning Commission's "The Fourth National Survey on the Epidemiology of Oral Health", China's people's oral knowledge knowledge prevalence rate has reached 60.1%, and the positive attitude towards oral health care has reached 84.9%, indicating that the awareness of our people towards oral care is at a high level.

Compare the 2020 per capita oral consumption expenditure comparison of countries, compared to developed countries, in 2020, China's per capita consumption expenditure in oral care is only 136 yuan per person, compared with the developed countries there is still a huge gap; but in contrast, China's average per capita oral consumption expenditure growth rate of 13%, at the level of fast-growing, China's oral health care industry has a huge consumption Potential.

Policy to help the rapid growth of the industry scale

In addition to China's national awareness of oral care continues to improve, national policy support is also one of the important reasons for the rapid development of the industry, in recent years, with the rapid development of China's economy, China has also been actively encouraging the orderly upward development of the oral health care industry, which launched a corresponding Policies and planning.

In the policy and national oral care awareness of the double boost, China's oral care market size also presents a growing trend, since 2016 China's oral care industry market size from $ 4.93 billion, growing to $ 7.1 billion, the industry is in a rapid growth stage.