How To Do Feasibility Study Before Investing in A Dental Colleges in India?

For over a decade, the Indian dental healthcare industry has been experiencing promising growth. As of 2024, around 65,000 dental clinics exist in India and there are approximately 350 dental hospitals. However, country is producing about 25,000 dentists annually and many start-ups are landing up, thus Project report to start a dental college in India. 

In tandem with the growing dental care market in India, the dental education segment has shown substantial growth. The growth has been further backed by numerous factors such as that are discovered by Market research for education sector in dental care:

(1) increasing elderly population having dental problems,

(2) increased oral health awareness

(3) rising preference for cosmetic surgery

(4) technological advancements

(5) medical & dental tourism

Furthermore, higher dental education is crucial in meeting the surging demand for quality dental healthcare in India. It provides advanced knowledge base and skills required to perform specialized treatments for complex oral health issues. Well-trained dentists play a significant role in delivering comprehensive care and enhancing oral health outcomes which contributes to overall wellbeing of population.

Even remarkable growth in dental education, the growing demand has not been met since the dentist-to-population ratio in India is 1:5,000. This shows how much further potential is there in India’s dental education systems. There are more colleges that are entering in the segment and thus, India Watch can help in Feasibility study to start a college in India with expert’s guidance. 

Demand for higher dental education:

Solidifying its position as a major world leader in the field, India has seen a substantial increase in its dental education sector. Contribution of various organisations like Indian Dental Association (IDA) and Dental Council of India (DCI), has boosted the awareness towards oral hygiene and has provided major contribution in developing country’s dental industry.

Even though the government is still very important for dental education, there has been rapid growth of private sector. At present, only 14% of dental colleges in India belong to the government which suggests that students and their parents have a strong preference for private institutions as well. There comes the need for Feasibility study to start a dental college in India. 

Furthermore, India reputation as a global hub for dental education has attracted more and more international students. The presence of foreign students increases the revenues of dental colleges and enhances cultural interaction among them. Joint programs between Indian and foreign universities have enabled student exchange schemes thereby enabling Indian dental students to be exposed to international best practice.

Incorporation of technological advancements into learning process by the dental education sector in India has yielded positive results. Techniques such as simulations, virtual reality and online resources are now part of curriculum teaching methods among others. Overall, the Indian dental education is poised for a sustainable growth. 

Growth drivers and limiting factors in the industry:

1. Dental services are in demand as the Indian population have become aware of how to maintain their oral health. In addition, dental health problems have been caused by modern ways of living such as increased intake of processed foods, sugar, caffeine, nicotine, etc. Also, get the Feasibility study to start a dental college in India. 

2. Government subsidies and grants has made it easy for private organizations to start their own dental schools. GOI played a crucial role in regulating the dental education sector, ensuring quality standards and promoting ethical practices.

3. The number of dental colleges in India has also risen dramatically during the last few decades which reflect an ever-growing demand for dentists. Additionally, there has been a significant expansion in dental education through corporate investment as reflected by many new private colleges that have come up.

4. Tooth health treatment methods have been transformed by incorporating computerized digital technology into dental care. Better planning and implementation of treatments have been possible since 3D printing is now available alongside the CAD/CAM (Computer Aided Design/Computer Aided Manufacturing), digital imaging.

5. Many international tourists are now coming to India for dental tourism because it offers them inexpensive but high-quality tooth treatment facilities.

Establishing a Private Dental College in India - A Comprehensive Guide:

Establishment of a private dental college in India requires a bunch of licenses and permissions from government and regulatory bodies. DCI plays a very important role since they make sure that standards used in training dentists are maintained. It sets curriculum guidelines, inspects dental colleges, and grants or withdraws recognition. Some other steps for the Feasibility study to start a college in India include:

Approval from the Dental Council of India (DCI): The DCI acts as the highest authority for overseeing dental education within India. It authorizes the establishment of new dental colleges.

Approval from State Government: Besides approval by DCI, the college must also get permission from the state government where it will be located.

Land and Building: Adequate land and building infrastructure, which includes classrooms, labs, clinics, hostels etc., must be available for the dental college. 

Faculty: Staff members employed in such institutions need to possess qualifications approved by appropriate authorities. Also, there is a need for Market research for dental care industry.

Equipment and Infrastructure: Modern dental equipment such as dental chairs, sterilizers, x-ray machines etc. must be present in a college’s clinic or laboratory.

Financial Resources: This refers to sufficient monetary resources necessary to ensure that a school runs effectively.

How The India Watch can Help

The India Watch is an Indian-centric market research & feasibility consulting company. If you are a business owner, educational enterprise, or an investor and looking to invest in India’s growing dental care education sector, then The India Watch can be of help. It can help you with a custom feasibility study service(s). Our Market research and feasibility study services for higher education include the following though not limited to the same 

•    Industry sizing, addressable market sizing, analysis, and insights

•    Supply side information, competitive insights, competition strategy, competition USP, etc

•    Market growth drivers and limitations, SWOT analysis, historical evolution, etc.

•    Key customer segments, consumer behaviour analysis, needs & wants, pain points, etc. 

•    Regulatory insights, information on licenses required, etc. 

•    Value chain analysis

•    Insights on fee structure based on market intelligence

•    Financial analysis & planning, ROI estimation, cost estimation, ratio analysis, recommendation

•    Future growth strategy, key success factors, risks, and risk mitigation. 

•    For any further information on Feasibility study for higher education sector, feel free to drop us a mail at info@theindiawatch.com

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