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Vietnam's dental care market was valued at $6.595 Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 10.93% from 2022 to 2030 and will reach $15.122 Bn in 2030.
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A sample report on Vietnam Dental Care Market Analysis Includes Market Size, Market Segmented by Types and Key Competitors (Data forecasts from 2022 – 2030F) www.insights10.com
This report presents a strategic analysis of the Vietnam Dental Care Market Analysisand a forecast for its development in the medium and long term. It provides a comprehensive overview of the market value, dynamics, segmentation, main players, growth and demand drivers, challenges & future outlook, etc. This is one of the most comprehensive reports about the Vietnam Dental Care Market Analysis, and offers unmatched value, accuracy, and expert insights.
Report Scope Click on the icon to know the detailed methodology
Our Understandings Report Objective Key Insight FWD Vietnam • FWD Vietnam is a subsidiary of FWD Group, a pan-Asian insurance group that operates in several markets across the Asia-Pacific region. FWD Vietnam offers a wide range of life insurance products and services to individuals and businesses • FWD Vietnam provides various life insurance products and solutions to cater to the diverse needs of customers. Their offerings include term life insurance, whole life insurance, critical illness coverage, health insurance, and savings and investment plans • Awards received include innovative digital solutions, customer service excellence, and industry leadership • Assessing the current size and growth potential of the Vietnam Dental Care Market • Identifying the key trends in the Vietnam Dental Care Market • Analyzing the competitive landscape of the Vietnam Dental Care Market • Providing insights into the regulatory landscape of the Vietnam Dental Care Market • Increase in awareness of dental and oral care in Vietnam, rising dental tourism, government funding and support programs, rise of electronic health records, telemedicine and rising personal disposable income in Vietnam • These are driving the demand for Vietnam Dental CareMarket in Vietnam • Technological developments of dental procedures also drive the market whereas lack of skilled dental professionals acts as a market growth restraint
Vietnam Dental Care Market Analysis 1. Vietnam Dental Care Market Overview
1.1 Statistics at a Glance: Global Dental Care Market in the World • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will get an understanding of the topic, which includes the prevalence of the disease, the application of medical devices, new technology, and other details related to the topic • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Prevalence of Dental Care Market $ 36.32 Bn Global dental market size in 2021 2 Bn People suffer from dental caries in permanent teeth 3.5 Bn People suffer from oral diseases globally 514 Mn Children suffer from dental caries in primary teeth 7.4% CAGR at which global dental care market size is expected to grow from 2022-2030 10% Global population is affected by severe periodontal disease
1.1 Statistics at a Glance: Dental Care Market in the World (continued) Europe ~Revenue to reach $XX Bn by 2027 Asia -$XX Mn Market North America ~ Market Size of $XX Bn Vietnam Market ~$XX Mn Market Africa ~Market Size of $XXBn Illustrative
1.2 Vietnam Overview • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will get an understanding of the demographics of the country/region, which includes the population, GDP, healthcare expenditure and other details related to the topic • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest 98.18 Bn Is the population of Vietnam, in 2022 $406 Bn Is the Gross Domestic Product (GDP) of Vietnam in 2022 32.5 Is the median age in Vietnam, in 2022 $195 Per capita was the amount of national health expenditures in 2022 Illustrative
1.3 Economic Overview: Vietnam Population of Vietnam, (2020-2030) GDP of Vietnam, (2020-2030) Population Split (2023) • In this section you will get an understanding of the demographics of the country/region, which includes the population, GDP, healthcare expenditure and other details related to the topic • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest By Gender By Age Group 0-14 15-24 25-54 55-64 65+ Illustrative
1.4 Vietnam Dental Care Market • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will get an understanding of the topic, which includes the prevalence of the disease, the application of medical devices, new technology, and other details related to the topic in Vietnam • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Prevalence of Dental Care in Vietnam 5000 Number of general dentists in Vietnam in 2021 Hanoi Leading dental tourism region in Vietnam, 2021 64.9% Vietnamese adult population affected by periodontal disease $310.54 million Dental health industry market size in Vietnam in 2020 1960 Total number of dental clinics in Vietnam in 2020 $3.49 Per capita revenue generated in oral care market in Vietnam in 2023
1.5 Healthcare Services in Vietnam Vietnam Healthcare Services Market Forecast, 2022-2030 (in $Bn) • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will get an understanding of the overall Healthcare Services market in Vietnam , which includes the market size, current trends and other details related to the topic • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Illustrative
1.6 Healthcare Scenario in Vietnam Healthcare System • Vietnam operates under a socialist-oriented healthcare system, with the government playing a dominant role in providing healthcare services • The healthcare system is divided into three levels: central, provincial, and district levels • At the grassroots level, commune health stations provide primary healthcare services to the population • Vietnam has been embracing digital health technologies and telemedicine to improve healthcare access and efficiency Universal Health Coverage • Vietnam has made significant progress in achieving universal health coverage • The government has implemented health insurance schemes, such as the Social Health Insurance (SHI) and the Health Insurance Fund for the Poor (HIFP), to ensure that a majority of the population has access to healthcare services • The health insurance coverage has expanded over the years, contributing to increased healthcare utilization Health Challenges • Vietnam faces various health challenges, including communicable diseases, non-communicable diseases • Infectious diseases such as dengue fever, tuberculosis, and HIV/AIDS remain a concern. Non-communicable diseases, including diabetes, and cancer, are on the rise due to lifestyle changes and an aging population • Environmental health issues and shortage of healthcare professionals pose significant challenges
1.6 Healthcare Scenario: Patient Journey Presentation Diagnosis Treatment Follow up Confirmatory Diagnosis Complete blood count (evaluate number & quality of RBCs, Hb & WBCs) Prevention and management of crisis: • For VOC and Splenic Sequestration: HU, Endari, Adakveo, Oxbryta • For infections: Antibiotics, Vaccines • Long term follow-up is required for patients with SCD • Annual assessment: CBC and reticulocyte count, iron status, liver and renal function tests, urinalysis, LDH, vitamin D level and neurocognitive assessment • ESOD (End Stage Organ Damage) evaluation starting from age 7 • Yearly Transcranial Doppler test to determine risk of stroke A suspected diagnosis is usually made, based on physical examination and detailed patient and family history Imaging (confirm bone related changes or respiratory problems) Initial Diagnosis Prenatal screening/ Neonatal screening Bacterial cultures of blood, sputum, urine, stool (detect any infection) Prevention and management of complications: • Stroke: Chronic transfusions, HU Genetic testing (detect the type of SCD) PCP, pediatrician, neonatologist, endocrinologist, cardiologist, hematologist, orthopedist, psychologist and psychiatrist PCP, paediatrician, neonatologist, haematologist and genetic counsellor PCP, pediatrician, medical geneticist, hematologist, gynecologist and pathologist PCP, pediatrician, medical geneticist, cardiologist, hematologist, endocrinologist, psychologist and psychiatrist Stakeholders Depending on the organ complications, the treatment involves different specialists at different times Illustrative
1.7 Health Insurance Coverage: Vietnam % of People by Type of Health Insurance Coverage (2021) Number of People By Health Insurance Coverage • In 2021, most people (91.7%) had health insurance coverage at some point during 2021 and 8.3 % of people were uninsured for the entire calendar year • More people had private health insurance (66%) than public coverage (35.7%) • Employer-based insurance was the most common subtype of health insurance in the civilian, noninstitutionalized population (54.3%), followed by Private insurance (18.9%), Public insurance (18.4%), direct-purchase insurance (10.2%), TRICARE (2.5%), and VA and CHAMPVA health care (1%) Illustrative
1.8 Budget of Vietnam Government for Public Insurance • National Health Expenditures (NHE) grew 2.7% to $4.3 trillion in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP) • Public spending grew 8.4% to $900.8 billion in 2021, or 21% of total NHE • Private spending grew 9.2% to $734.0 billion in 2021, or 17% of total NHE • Private health insurance spending grew 5.8% to $1,211.4 billion in 2021, or 28% of total NHE • Out of pocket spending grew 10.4% to $433.2 billion in 2021, or 10% of total NHE • Other Third Party Payers and Programs and Public Health Activity spending declined 20.7% in 2021 to $596.6 billion, or 14% of total NHE • Hospital expenditures grew 4.4% to $1,323.9 billion in 2021, slower than the 6.2% growth in 2020 • Physician and clinical services expenditures grew 5.6% to $864.6 billion in 2021, slower growth than the 6.6% in 2020 • Prescription drug spending increased 7.8% to $378.0 billion in 2021, faster than the 3.7% growth in 2020 • Largest shares of total health spending were sponsored by the federal government (34%) and the households (27%). The private business share of health spending accounted for 17% of total health care spending, state and local governments accounted for 15%, and other private revenues accounted for 7% Illustrative
1.9 Mergers and Acquisitions RCM M&A Deal Value Trend ($Bn) RCM M&A Deal Volume Trend Buyer Composition: Strategic Vs Financial (2020) Buyer Type by Deal Size ($Mn) Strategic Buyers Financial Buyers $100+ $50-$100 $25-$50 $0- $25 57% of the total deal volume are done by strategic buyers and the rest 43% are done by financial buyers in 2020 Illustrative
1.9 Mergers and Acquisitions (continued) Latest Deals In Vietnam Illustrative
Vietnam Vietnam Dental Care Market Analysis 2. Market Size and Forecasting
2.1 Market Size and Forecasts (Excel and Methodology) Click on the icon to know the methodology and assumption Vietnam Vietnam Dental Care Market Forecast, 2022-2030(in $Bn) • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will get an understanding of the overall Vietnam Dental CareMarket in Vietnam, which includes the market size, current trends and other details related to the topic • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest CAGR~ XX% Illustrative
Product Treatment End User 2.2 Snapshot of Vietnam Dental Care Market Segmentation General and Diagnostic Equipment Orthodontic Hospitals Dental Consumables Endodontic Dental Clinics Other Dental Devices Periodontic Other End Users Prosthodontic • In this section you will get an understanding of the segmentations which will cover the Vietnam Dental Care Market • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
2.2.1 Market Segmentation: By Product • General and diagnostic equipment is a significant component of the overall dental care market in Vietnam • It has the maximum market share in Vietnam dental care market with approximately xx% • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Vietnam Dental Care Market Share, By Product (2022)
2.2.2 Market Segmentation: By Treatment • Orthodontic market in Vietnam is a significant component of the overall dental care market • It has the maximum market share in Vietnam dental care market with approximately xx% • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest VietnamDental Care Market Share, By Treatment (2022)
2.2.3 Market Segmentation: By End User • Hospitals have the maximum market share in Vietnam dental care market with approximately xx% • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest VietnamDental Care Market Share, By End User (2022)
Vietnam Dental Care Market Analysis 3. Market Dynamics
3.1 Market growth drivers 3.1.1 Increasing dental tourism in Vietnam with more than 2,50,000 dental tourists projected to come to Vietnam each year Increasing Dental Tourism in Vietnam • Vietnam revamped its dental care services to world-class standards in the last decade, attracting patients from Australia, New Zealand, and the United States • Today, more than 100,000 tourists from these countries visit Vietnam for cutting-edge dental procedures, contributing more than $150million to the country’s dental industry • Drivers of dental tourism include affordability, high quality, seamless logistics and launch of Vietnam Dental tourism platform by government • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest xx%
3.1 Market growth drivers (continued) 3.1.2 Increasing subscription based dental services in Vietnam Increasing Subscription Based Dental Services Vietnam • Subscription dental services are a solution for both patients and dentists. These services offer an annualized or monthly rate that covers regular cleanings, x-rays, and even fillings or other surgery. They can be cost-effective for patients while guaranteeing more revenue for dental practices. With rising insurance cover, this model can lead to market growth. • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest xx%
3.1 Market growth drivers (continued) 3.1.3 Increasing average household disposable income with average projected growth of 9.3% a year. Household disposable income in Vietnam • In 2022, average household disposable incomes will reached $5,605 and the average disposable income for Vietnamese households is forecast to grow by an average of 9.3% a year, to reach $7,572 in 2026 • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest xx%
3.2 Market restraints 3.2.1 Lack of trained dental professionals in Vietnam with only one dentist for 25000 people in Vietnam 3.2.2 Lack of insurance and reimbursement policies for dental services in Vietnam 3.2.3Affordability and financial constraints of dental services in Vietnam • Dental care is not typically covered by health insurance in Vietnam, so people have to pay for dental treatment out of pocket • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest • Vietnam faces a shortage of specialized dental professionals, particularly in rural areas and data suggests there is only one dentist for 25,000 people • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest • Despite the relatively lower costs compared to western countries, dental treatments can still be expensive for many people in Vietnam and low income countries • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Our analysis will thoroughly investigate the key restraints that may significantly impact business operations and growth.
Vietnam Dental Care Market Analysis 4. Competitive Landscape
4.1 Major Market Share • Vietnam dental care market is a highly competitive space, with many companies developing and marketing treatments • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Revenue of Major players in Vietnam Dental Care market ($ Mn) Illustrative
4.2 Key Company Profile Key Note: • Here is the list of top 10 companies which will cover in the final report • Each company will have slides for • Overview • Key details • Offerings • Name of products • Recent activities/ Press Coverage • Distribution and Vendor Partners • Mergers, Acquisitions and Collaboration • Financials • If there are specific companies that you would like to be included in the report, please let us know via email • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report 1 Nha khoa kim 2 Westcoast International Dental Clinic 3 The East Rose Dental 4 Picasso dental 5 Viet Duc International Dental Clinic 6 Camtu Dental 7 Starlight Dental Clinic 8 SaiGon Dental Clinic 9 Nha Khoa Dang Luu 10 Nha Khoa Paris Dental
4.2.1 NHA KHOA KIM Founded in: 2008 HQ: Ho Chi Minh City, Vietnam Type: Private Revenue: - Website: Link • Kim Dental is an exclusive trademark protected throughout the territory of Vietnam. Kim Dental is built spaciously, applying modern technology, targeting people far from the city center who are still not abandoned, they also have the opportunity to enjoy professional, standard and modern dental services near their place • Kim Dentistry: "Creating the dental ecosystem is extremely simple. Serving people the fastest in all parts of the country." With 3 pillars: Integrity – Discipline – Creativity • Dedication, honesty, discipline, blood, learning are the core values Recent Activity / Press Coverage Services
4.2.1 NHA KHOA KIM (continued) Quality certifications Global Quality Dentistry ISO 9001:2015 Top 10 National Strong Brands Top 100 trusted Brand enterprises in Asia GCR is an international quality certification specializing in the field of health and wellness. Kim Dental has officially reached the Top 50 quality dentistry worldwide This set of standards is a scientific, strict management system with the goal of improving quality, bringing satisfaction to customers throughout the system. Reader’s Digest Trusted Brands helps consumers identify the brands in the marketplace that are value-for-money, reliable and worthy of their business The list is published in the survey program and honors "National Strong Brand, Excellent Enterprise – Entrepreneur in 2020“ in Vietnamese market
4.2.1 NHA KHOA KIM (continued) Latest Deals - Mergers and Acquisitions Illustrative
4.2.1 NHA KHOA KIM (continued) Revenues ($Bn), 2020-2030 • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will the understating of financial overview of the company, which includes revenue forecasting, segment revenue and other key details as per availability • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Breakdown of Net Revenue by Segment, 2022 Illustrative
4.2.2 Company 2 Founded in: HQ: Type: Revenue: Website: Drugs for Cancer Recent Activity / Press Coverage
4.2.2 Company 2 (continued) Partnerships Ecosystem Major Vendor Partners Major Distribution Partners
4.2.2 Company 2 (continued) Latest Deals - Mergers and Acquisitions
4.2.2 Company 2 (continued) Revenues ($Bn), 2020-2030 • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will the understating of financial overview of the company, which includes revenue forecasting, segment revenue and other key details as per availability • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Breakdown of Net Revenue by Segment, 2022
Vietnam Dental Care Market Analysis 5. Reimbursement Scenario
5.1 Reimbursement Regulation Public insurance and Private insurance together provide health insurance coverage for more than 4 in 10 Vietnams The reimbursement scenario in the US cancer market is complex and can vary depending on the specific treatment, setting of care, and insurance coverage. Here are some key points to consider: • Public Insurance: • Public insurance is a federal health insurance program for people aged 65 and older, as well as people with certain disabilities or health conditions • Public insurance covers many cancer treatments, including chemotherapy, radiation therapy, and some immunotherapies • However, coverage can be subject to strict guidelines and restrictions, such as the requirement for prior authorization • Private Insurance: • Private insurance is a joint federal-state program that provides health insurance for people with low incomes • Private insurance coverage for cancer treatments can vary by state, and may be subject to limits on the amount and type of treatment covered • Private insurance coverage for cancer treatments can also vary widely depending on the insurer and the specific policy • Some policies may have high out-of-pocket costs, such as deductibles and co-pays, while others may have more comprehensive coverage Health Insurance Coverage, 2022 Illustrative
5.1 Reimbursement Regulation (continued) • Affordable Care Act: • Affordable Care Act (ACA) includes provisions to help improve access to cancer treatments by requiring insurers to cover certain preventive services, including cancer screenings, without co-pays or deductibles • It also includes protections for people with pre-existing conditions, such as cancer • Reimbursement for New Treatments: • Reimbursement for new cancer treatments can be a complex and lengthy process, as insurers and government programs often require evidence of safety and effectiveness before providing coverage • This can create challenges for companies developing and marketing new treatments • Value-Based Care: • There is a growing trend towards value-based care, which aims to improve outcomes and lower costs by focusing on the value of treatments rather than simply the volume of treatments • Value-based care models can include payment models that tie reimbursement to outcomes or performance metrics In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Illustrative
5.1 Reimbursement Regulation (continued) Coverage Penetration (% Total Population) Source of Funding Spend on Healthcare (%of Current Health Expenditure) • Public healthcare coverage is provided by the government and includes programs like Public insurance and Private insurance • Public insurance is a federal program that provides healthcare coverage to individuals who are 65 years of age or older, as well as certain younger people with disabilities • Private insurance is a joint federal-state program that provides healthcare coverage to individuals with low income and limited resources Reimbursement Market Trends • Shift towards value-based care has been a significant trend in the US healthcare system, with payers and providers increasingly focused on improving patient outcomes and reducing costs • This has led to the development of alternative payment models such as accountable care organizations (ACOs) and bundled payment arrangements, which incentivize providers to deliver high-quality, cost-effective care Illustrative
5.2 Reimbursement Process for Vietnam Dental Care The reimbursement process in the Vietnam healthcare system can be complex and can vary depending on the type of healthcare service, the healthcare provider, and the insurance coverage. Here are the general steps involved in the reimbursement process: • Service or Treatment Provided: The healthcare provider performs a service or treatment for the patient • Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the service provided • Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment provided, and checking for any potential errors or fraud • Payment: If the claim is approved, the insurance company or other payer reimburses the healthcare provider for the service provided, based on the negotiated payment rates or fee schedule • Patient Responsibility: Depending on the patient's insurance coverage, they may be responsible for paying a portion of the cost of the service, such as deductibles, co-payments, or co-insurance In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Illustrative
5.3 Reimbursement Process for Vietnam Dental Care The reimbursement process in the Vietnam healthcare system can be complex and can vary depending on the type of healthcare service, the healthcare provider, and the insurance coverage. Here are the general steps involved in the reimbursement process: • Service or Treatment Provided: The healthcare provider performs a service or treatment for the patient • Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the service provided • Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment provided, and checking for any potential errors or fraud • Payment: If the claim is approved, the insurance company or other payer reimburses the healthcare provider for the service provided, based on the negotiated payment rates or fee schedule FDA Market Authorization Private Payers Public Payers Health Technology Assessment Coding Coverage Payment 1 2 3 Coding depends on availability code while coverage and payment process decisions are made through an HTA. Illustrative
Vietnam Dental Care Market Analysis 6. Methodology & Scope
Research Methodology • Insights 10’s research methodology delves deeper into the market, covering the macro and micro aspects of the industry. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future industry growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions • We implement a mix of primary and secondary research for our market estimate and forecast. The secondary research forms the initial phase of our study where we conduct extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material, technical journals, trade magazines, and paid data sources • For forecasting, the following parameters are considered: • Market drivers and restraints along with their current and expected impacts • Technological scenario and expected developments • End use industry trends and dynamics • Trends in the consumer behavior • Regulatory scenario and expected developments • Current capacity and expected capacity additions up to 2030 • We assign weights to these parameters and quantify their market impacts using the weighted average analysis to derive the expected market growth rate • We appoint data triangulation strategies to explore different areas of the market. Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the market across regions • All our estimates and forecasts are verified through exhaustive primary research with the Key Industry Participants (KIPs) • Currency used in the report is the US dollar (USD), with the market size indicated in USD million/billion (Mn/Bn)
Analysis Methodology Our Analysis Methodology involves three critical stages: Data Collection Market Data Analysis & Statistical Model Interpretation & Presentation Secondary Research Analysis & Interpretation 01 01 01 Market Trends Primary Research Market Sizing & Analysis 02 Insights 02 02 Proprietary Database Presentation & Reporting Data Triangulation & Validation 03 03 03