Oral economy, is standing on the tuyere. In recent years, with the improvement of residents' income level and the enhancement of health awareness, China's oral health care industry is booming. According to the statistics of the National Health Commission and the Prospective Industry Research Institute, as early as 2019, the scale of China's oral medical market reached 103.5 billion yuan, with a compound growth rate of 16.12%.
The rapid growth of market demand and scale has stimulated the prosperity of the industrial chain. According to the Analysis Report on Market Demand and Investment Planning of China's Oral Medical Device Industry from the Prospective Industry Research Institute, the market size of China's oral devices will reach 23.371 billion yuan in 2019, with a compound growth rate of 15.53% from 2015 to 2019.
Opening the distribution map of the national dental equipment industry, Guangdong Province is the largest dental equipment manufacturing base in China, especially in the production field of dental comprehensive treatment tables. Guangdong dental manufacturers account for more than 50% of the country.
The national dental equipment industry, which started in Foshan in the early 1990s, is one of Foshan's "invisible champions". In 2017, Foshan Oral Medical Device Industrial Cluster was selected into the third batch of innovative industrial cluster pilot list of the Ministry of Science and Technology.
So far, Foshan has become one of the largest production bases of dental equipment in China. Dental comprehensive treatment table and dental mobile phone are the core products of Foshan dental medical equipment industry, and their output value accounts for more than 80% of the total output value of Foshan dental equipment industry.
