Could entry of Dental Insurance Provider solve the problem of oral awareness & accessibility in India: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit There is a dire need for upgrading dental infrastructure to improve accessibility and affordability by the poor in India looking at the statistics released by National Health Profile 2019 and WHO through various publications. At ground level, an inadequate number of doctors per population (1:10,926) and no standardization of dental treatment prices across cities have been restricting the penetration of dental care. Why there is no Standalone Dental Insurance Company in India? In 2015, Ocare, a Mumbai based company, was the first-ever company to launch dental insurance products in association with ICICI Lombard & New India Assurance. However, owing to scalability challenges & regulations by IRDA, the partnership couldn’t succeed and Ocare decided to pause its operations. In December 2017, Ocare applied for a license as a Standalone Health Insurance Provider and to date (Jan 2020), is awaiting the same. ‘Lack of data collection by dentists, fragmented nature of dentistry practice and lack of financial inclusion was the common challenges faced by us back in 2016’, said Dr. Neeraj Sheth, Founder and Group Director at Ocare talking to Ken Research, India. He further emphasized on the bureaucratic challenges being currently faced by the company to obtain necessary licenses before launching their products. Where does India stand today? With marketing efforts from Chain clinics coming up in top cities of India, the population is becoming aware of the need to maintain oral care and undergo preventive treatment on a regular basis. Introduction of government schemes such as Ayushman Bharat Yojana, eDant Seva, etc. are welcoming steps aimed at affordable and accessible healthcare. Yet, there is still a long way to meet the standards set by developed regions. Is it the right time to enter Dental Insurance in India? “Mismatch between demand and supply of dental services and non-existence of such product to date paves the way for the entry of Dental Insurance because demand is there”, said Dr. Sheth. During its operations in 2016-17, Ocare received tremendous response from dentists and sold more than 100,000 policies. In popular health insurance plans such as Apollo Munich Maxima Plan, Bharti AXA Smart Health, dental treatments find limited coverage and do not cover routine treatment charges. It is expected that the existence of India dental insurance products would prompt customers from top cities of Bangalore, Chennai, Delhi NCR and Mumbai to pursue preventive treatment over sick treatment. Higher adoption rates could also bring in the innovative technology and dental medical equipment capable of detecting fatal diseases such as Oral Cancer at early stages. Companies Mentioned: – Chain Clinics Clove Dental Apollo White Dental 32 Dental Sabka Dentist Axiss Dental Health Insurance Companies Apollo Munich Max Bupa ICICI Lombard Bharti AXA LIC Bajaj Allianz Dental Insurance Company Ocare Key Topics Covered in the Report: – Number of Chain Clinics in India Number of Dental Surgeons registered with Dental Council of India Role of Chain Clinics Dental Insurance in India Business Model of Clove Dental India Healthcare Sector Growth Number of Dentists in India Latest Updates Dental Council of India Coverage Dental Insurance India Comparison of Top 6 Health Insurance Providers in India Indian Healthcare Industry Size in USD Million Number of Medical Colleges and Doctors in India Major Health Insurance Companies in India For More Information, Click on the Link Below: – India Dental Insurance Industry Related Reports by Ken Research: – Philippines Medical Devices Market Outlook To 2023 – Surge In Demand For Used/Refurbished Medical Equipments And New Healthcare Infrastructure Projects To Maintain Healthy Growth Singapore Medical Devices Market Outlook To 2022 – By Type Of Medical Device (Consumables, Diagnostic Imaging, Patient Aids, Orthopedic & Prosthetics, Dental Products, And Others) India Dental Care Service Market Outlook to 2020 – Increasing Awareness on Oral Care and Rising Number of Organized Players to Foster Future Growth Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Apollo White Dental Insurance Market Growth, Axiss Dental Insurance Market Analysis, Axiss Dental Insurance Sector Analysis, Business Model of Clove Dental, Clove Dental Competitors in India, Comparison of Top 6 Health Insurance Providers in India, Coverage Dental Insurance India, Customer Profile of Clove Dental, Delhi Dental Clinics Analysis, Dental Coverage in Health Insurance Market India, Dental Infrastructure In India, Dental Insurance Industry India, Dental Insurance Market India, Feasibility of Dental Insurance India, Financial Analysis of Clove Dental including Revenue, Financial Analysis of Ocare Dental Company, Full Coverage Dental Insurance Market, Future Of India Dental Insurance Market, Government Initiatives in Dental Insurance Sector, Healthcare and Dental Industry in India, India Dental Healthcare Industry, India Dental Insurance Industry, India Dental Insurance Industry Research Report, India Dental Insurance Industry Revenue, India Dental Insurance Market, India Dental Insurance Market Analysis, India Dental Insurance Market Major Players, India Dental Insurance Market Outlook, India Dental Insurance Market Research Report, India Healthcare Sector Growth, Indian Healthcare Industry Size in USD Million, Investment in Dental Industry, Latest Updates Dental Council of India, Major Health Insurance Companies in India, Mumbai Sabka Dentist Growth, Number of Chain Clinics in India, Number of Dental Surgeons registered with Dental Council of India, Number of Dentists in India, Number of Medical Colleges and Doctors in India, Ocare Current Operation in India, Ocare Dental Insurance Company Analysis, Role of Chain Clinics Dental Insurance in India, Scope Of Dental Insurance In India, Ticket Size per Visit for Preventive Treatment India