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Narayana Hrudayalaya Dental Clinic to invest Rs 150 cr to open 300 centres in India & abroad
Nandita Vijay, Bangalore | Tuesday, May 18, 2010, 08:00 Hrs  [IST]

Narayana Hrudayalaya Dental Clinic (NHDC) is investing Rs 150 crore to set up a chain of clinics across the country. The funds will be raised through debt and internal accruals.

The NHDC, which commenced operations in 2008, has seven clinics of which six are in Bangalore and one in Kolkata.

“Our expansion plans will see us open 300 clinics by 2013 across India and abroad. This will ensure dental facilities coming up across localities in the cities allowing easy and quick access to dentists,” Dr Nitish Shetty, managing director, Narayana Hrudayalaya Dental Clinic told Pharmabiz.

In the West, primary dental care is provided by the government hospitals, but in India it is the individual dentists offering the same. In India 98 percent of the segment is ‘dentist-entrepreneur-driven’. Since dental health is of critical importance going by its impact on cardiac diseases and diabetes, there is a need to expand dedicated facilities in the country. “Therefore our initial expansion plan is to roll out 30 clinics in Bangalore and Kolkata in the next six months,” he added.

Currently, in Bangalore alone there are 6,500 dentists and 3,000 clinics. There is a market for this specialty. Although the focus of expansion is metros, in the phase II, NHDC will look at Tier II cities to help the patients have access to uniform quality care. Going by the scale of operations, NHDC is tipped to emerge as the largest player in dental care in the country, said Dr Nitish.

According to market reports, global dental care industry is estimated to be around US$ 18 billion and the dental equipment is pegged at US$ 15 billion with a CAGR of 5 percent and 4.5 per cent respectively.

In India, the dental care services market is estimated to be US$ 600 million with a CAGR of 10 per cent over 10 per cent since 2000 and its equipment sector valued around US$ 90 million. The key growth driver in dental medicine is the growing awareness and interest towards need for healthy teeth and dental cosmetics. Over 80 percent of the revenues generated for NHDC, since it commenced operations is from the aesthetic dentistry space, he said.

Dental tourism forms 10 per cent of total Indian medical tourism, projected to grow at 30 per cent to Rs 9500 crore by 2015. India produces more than 18,000 dentists annually from 283 dental colleges. The country has around 1,500 oral and maxillofacial surgeons.

The General Dentist Concentration, according to Dr Shetty is one dentist for every 30,000 persons. While Urban concentration indicates one dentist for every 10,000 persons for the Rural areas it is one dentist for every 250,000 persons.

The Oral Disease Prevalence in the country indicates that over 80 per cent of children and 60 per cent of adults suffer from dental caries. More than 90 per cent of adults in the age-group of 30 years suffer from periodontal diseases.

Dental surgeons in India perform a number of Cranio Maxillo-Facial Surgeries primarily because of the high incidence of congenital abnormalities affecting around 35,000 babies. Around 35 per cent of children suffer from mal-aligned teeth and jaws. Further, Decayed Missing Filled Teeth (DFMT1) score for teenagers is 2.4 and for 35-40 age-group is 5.4. In addition, over 17 per cent of the aged population are edentulous, the remaining 78.3 per cent have some teeth missing.

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