“A full set of implanted teeth could cost as much as a brand-new BMW sedan,” 21jingji.com reported on Saturday, a sign of Chinese people’s surging demand for oral treatment – and a market with huge profits.
It’s no longer enough for Chinese people to have their teeth professionally cleaned or get fillings – now they also want the entire spectrum of dental care, including whitening, orthodontics and tooth implants. Despite the huge demand, there are not many competitive Chinese market players, so international giants are making huge profits, and the cost of implants has stayed high.
In 2017, the domestic market for dental implants reached 15.68 billion yuan ($2.33 billion), of which at least 14.112 billion yuan entered the pockets of foreign giants, 21jingji.com reported. Some have called for increasing research and development of domestic dental implants to lower costs for customers. But industry insiders noted it would take five to eight years from the research and development stage through clinical tests to develop domestic implants, and it would also take years before the process was profitable.
In reality, dental work is quite expensive in America as well. One-time dental visit in the U.S. (aka 美国 看牙) and treatment, according to one of my friends, costs thousands of dollars. This shocks many international students. Many university health insurance plans can be waived (aka waive 美国大学保险) by an alternative insurance plan bought from a third party. However, dental coverage is not permitted — unlike international students’ vaccine (aka 留学生疫苗), dental treatment is not covered in either OPT insurance (aka opt保险) or American travel insurance (aka 美国旅游保险). For details you may read Recommended OPT Insurance (aka opt保险推荐) at tigerless.com or huhu.us.