#4D6D88_Small Cover_March-April 2024 DRA Journal

In this exclusive Show Preview Issue, we present the IDEM Singapore 2024 Q&A Forum featuring key opinion leaders; their clinical insights covering orthodontics and dental implantology; plus a sneak peek at the products and technologies set to take center stage at the event. 

>> FlipBook Version (Available in English)

>> Mobile-Friendly Version (Available in Multiple Languages)

Click here to access Asia's first Open-Access, Multi-Language Dental Publication

Aging Dental Care Spending Soars to Nearly NT$100 Billion

Taiwan: The Taiwanese Ministry of Health and Welfare has released new statistics on medical institutions in the country, revealing a decline in the number of hospitals and an increase in clinics, with dental clinics showing the largest growth. 

The medical community suggests this is due to the aging population and the growing demand for self-funded dental implants, orthodontics, and Traditional Chinese Medicine (TCM) treatments.

TCM Clinics On the Rise

In the past ten years, the number of TCM clinics has increased by 658, a growth of 18.7%, while dental companies have increased by 517, a growth of 7.8%. Taiwan currently has 7,134 dentists and 4,172 Chinese medicine departments.


Click to Visit website of India's Leading Manufacturer of World Class Dental Materials, Exported to 90+ Countries.


 

The demand for dental care among the aging population is reflected in the growth of dental health care expenditure. Spending on dentistry has increased from NT$6.7bn (US$220m) in 2011 to NT$8.2bn (US$270m) in 2021, and spending on dentures and orthodontics has increased from NT$59.5bn (US$1.96bn) to NT$90bn (US$2.96bn).

Prosthodontic and Orthodontic Treatments in Higher Demand

Chen Yicong (pictured) Founder of the First Dental Hospital in Taiwan, noted that prosthodontics and orthodontics have experienced rapid development in recent years, driven by the needs of aging patients. Many of these treatments are not covered by health insurance.

Traditional Chinese medicine has also seen growth in specialized treatments, such as thread embedding, facial acupuncture, scalp acupuncture, small needle knife, and floating acupuncture, according to Chen Chaozong, honorary chairman of the Taipei Association of Chinese Physicians.

According to the report, the rise in spending on dental care reflects the changing landscape of the self-funded medical market in Taiwan.

The information and viewpoints presented in the above news piece or article do not necessarily reflect the official stance or policy of Dental Resource Asia or the DRA Journal. While we strive to ensure the accuracy of our content, Dental Resource Asia (DRA) or DRA Journal cannot guarantee the constant correctness, comprehensiveness, or timeliness of all the information contained within this website or journal.

Please be aware that all product details, product specifications, and data on this website or journal may be modified without prior notice in order to enhance reliability, functionality, design, or for other reasons.

The content contributed by our bloggers or authors represents their personal opinions and is not intended to defame or discredit any religion, ethnic group, club, organisation, company, individual, or any entity or individual.