India Dental Insurance Market Size & Outlook, 2023-2030
The dental insurance market in India is expected to reach a projected revenue of US$ 8,455.7 million by 2030. A compound annual growth rate of 13.5% is expected of India dental insurance market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,482.4
Forecast, 2030 (US$M)
$8,455.7
CAGR, 2024 - 2030
13.5%
Report Coverage
India
India Dental Insurance Market, 2018-2030 (US$M)
Global Market
Related Markets
India dental insurance market highlights
- The India dental insurance market generated a revenue of USD 3,482.4 million in 2023 and is expected to reach USD 8,455.7 million by 2030.
- The India market is expected to grow at a CAGR of 13.5% from 2024 to 2030.
- In terms of segment, dental preferred provider organizations (dppo) was the largest revenue generating coverage in 2023.
- Dental Preferred Provider Organizations (DPPO) is the most lucrative coverage segment registering the fastest growth during the forecast period.
Dental insurance market data book summary
| Market revenue in 2023 | USD 3,482.4 million |
| Market revenue in 2030 | USD 8,455.7 million |
| Growth rate | 13.5% (CAGR from 2023 to 2030) |
| Largest segment | Dental preferred provider organizations (dppo) |
| Fastest growing segment | Dental Preferred Provider Organizations (DPPO) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dental Preferred Provider Organizations (DPPO), Dental Health Maintenance Organizations (DHMO), Dental Indemnity Plans |
| Key market players worldwide | The Cigna Group, AXA SA, Aflac Inc, Allianz SE, Ameritas Life Insurance, aetna, Delta Dental, HDFC ERGO Health Insurance, Concordia Financial Group Ltd, Highmark Health |
Other key industry trends
- In terms of revenue, India accounted for 1.7% of the global dental insurance market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China dental insurance market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,455.7 million by 2030.
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Dental Insurance Market Scope
Dental Insurance Market segmentation & scope
Others
Dental Insurance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Allianz SE | View profile | 154,862 | Koniginstrasse 28, Munich, BY, Germany, 80802 | www.allianz.com |
| The Cigna Group | View profile | 72,500 | 900 Cottage Grove Road, Bloomfield, CT, United States, 06002 | www.cigna.com |
| AXA SA | View profile | 110,302 | 25, Avenue Matignon, Paris, France, 75008 | www.axa.com |
| Aflac Inc | View profile | 12,785 | 1932 Wynnton Road, Columbus, GA, United States, 31999 | www.aflac.com |
| Ameritas Life Insurance | View profile | 1001-5000 | Lincoln, Nebraska, United States, North America | www.ameritas.com |
| aetna | View profile | 10001+ | Hartford, Connecticut, United States, North America | www.aetna.com |
| Delta Dental | View profile | 1001-5000 | San Francisco, California, United States, North America | www.deltadentalins.com |
| HDFC ERGO Health Insurance | View profile | 1001-5000 | Gurgaon, Haryana, India, Asia | www.apollomunichinsurance.com/ |
| Concordia Financial Group Ltd | View profile | 9,316 | 7-1, Nihonbashi 2-chome, Tokyo Nihonbashi Tower, 34th Floor, Chuo-ku, Tokyo, Japan, 103-6034 | www.concordia-fg.jp |
| Highmark Health | View profile | 10001+ | Pittsburgh, Pennsylvania, United States, North America | www.highmarkhealth.org/hmk |
India Dental Insurance Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Dental Insurance Market Outlook will help companies and investors design strategic landscapes.
Dental Preferred Provider Organizations (Dppo) was the largest segment with a revenue share of 50.19% in 2023.
Horizon Databook has segmented the India dental insurance market based on dental preferred provider organizations (dppo), dental health maintenance organizations (dhmo), dental indemnity plans covering the revenue growth of each sub-segment from 2018 to 2030.
- India Dental Insurance Market Coverage Outlook (Revenue, USD Million , 2018-2030)
- Dental Preferred Provider Organizations (DPPO)
- Dental Health Maintenance Organizations (DHMO)
- Dental Indemnity Plans
- Others
- India Dental Insurance Market Type Outlook (Revenue, USD Million , 2018-2030)
- Major
- Basic
- Preventive
- India Dental Insurance Market Demographic Outlook (Revenue, USD Million , 2018-2030)
- Senior Citizens
- Adults
- Minors
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Horizon Databook provides a detailed overview of country-level data and insights on the India Dental Insurance Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Dental Insurance Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
India Dental Insurance Market, 2018-2030 (US$M)
India dental insurance market statistics, by coverage, 2018-2030 (US$M)
