Romania Dental Market To Grow At 17% CAGR During 2010-2012
Romanian dental market is anticipated to grow at a CAGR of around 17% during 2010-2012, says RNCOS in its latest research report.
- (1888PressRelease) December 16, 2010 - Romania has emerged as one of the most popular destinations in Europe for dental treatments on account of unprecedented growth in its dental market during the past few years. Being a source as well as destination market, the Romanian dental industry revenue is expected to increase manifold in the coming years. According to our research report "Romania Dental Market Analysis", the dental market will rise at a CAGR of around 17% during 2010-2012, on the back of government support. The government has been readily spending on promotional activities worldwide to boost the nation's dental industry.
Our study indicates that coming years will witness growth and popularity of cosmetic dental treatments and implants along with rising demand for better orthodontic products by youth of the nation. Emerging technology will decrease the overall turnaround time for dental procedures, while enhancing efficiency of the dental practitioners. Further, advancements in the field of dental biomaterials and tissue regenerative material will allow the dentists to provide more natural and longtime dental solutions. Changing consumer preferences and a shift towards cosmetic dentistry will drive the market for hi-end dental solutions.
As per our research, the country is witnessing an increased number of tourists from the United States after the onset of the economic recession. This has opened a plethora of opportunities for the dental tourism industry as well as for other related industries. Our extensive research on the Romanian dental sector has also affirmed that due to the rising unemployment and increasing uninsured population in the US, dental tourism in Romania will witness a boost owing to low dental treatments costs for various procedures in the country.
Our new research report incorporates an extensive research and rational analysis of the Romanian dental industry. It provides segment level analysis along with future trends that may shape up in coming years. The research will help consultants, industry analysts, and vendors to get an in-depth knowledge of the dental industry in Romania. Our report also includes the recent government initiatives to promote the dental industry along with a brief analysis of the key market players.
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