Market Trends of Global Dental Insurance Industry
This section covers the major market trends shaping the Dental Insurance Market according to our research experts:
Rising Awareness about Oral Health is Expected to boost growth of Dental Insurance Industry
Dental diseases are a significant public health burden across the globe causing major health problems in many nations, causing pain, discomfort, and disfigurement, WHO recognizes oral health as an integral part of general health.
The importance of oral care and oral care products has grown tremendously in recent years due to increasing awareness among consumers and the knowledge about oral hygiene has increased not only in developing countries but also in underdeveloped countries.
Government Initiatives and Policies helps in the Growth of Dental Insurance Industry
The government is supporting the dental Insurance company by providing the protection of dental insurers against fluctuations in revenues, prices, and yields fuels the growth of the dental insurance market.
In addition, the rise in initiatives and support from the government has helped the insurers to avail of dental insurance coverages with more alternatives & customized options in the market. The Indian government has launched a scheme 'Ayushman Bharat', an initiative that covers dental insurance and aims at availing dental services to a large population base in the country.