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Dentists in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Dentists Market Research Report | NAICS 62121 | Jun 2016

Open wide: Increased access to dental care and greater disposable income will boost industry revenue

IBISWorld’s Dentists market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$124bn
Annual Growth 11-16
1.7%
Annual Growth 16-21
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Profit
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Employment
980,006
Businesses
175,204
Industry Analysis & Industry Trends

The Dentists industry has benefited from favorable demographic trends, technological advances and mounting awareness of oral hygiene over the past five years. Furthermore, private dental clinics are one of the nation's most profitable industries. Moreover, the industry is less dependent on health insurer reimbursements than the healthcare sector as a whole, due to patients largely paying for dental treatments out of pocket, lowering administrative costs. Profit is expected to over the five years to 2016, due to many practices joining dental practice management companies (DPMCs), which are large companies that provide services for multiple dental offices, lowering operational costs... purchase to read more

Industry Report - Industry Investment Chapter

The Dentists industry has a relatively low level of capital intensity. For each dollar spent on labor, an estimated $0.06 is spent on capital in 2016. Wages account for 37.3% of industry revenue, which can be attributed to the personalized nature of services and the use of trained professionals to provide many services. Dentists require a high level of training and must receive a degree from an accredited dental hygiene school, as well as a state license. Nevertheless, dentists have hired more assistants to perform routine tasks, which has kept wage costs low.

Comparatively, there is limited use of depreciable assets in this industry. However, capital costs are steadily rising... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Dentists Industry?

This industry includes health practitioners with Doctor of Dental Medicine (DDM), Doctor of Dental Surgery (DDS) or Doctor of Dental Science (DDSc) degrees. Industry operators are primarily engaged in the independent practice of general or specialized dentistry or dental surgery. These practitioners operate private or group practices in their own offices (e.g. centers or clinics).

Industry Products
Dental consultations and diagnostic services Preventative services Restorative dental services Prosthodontics (fixed and removable) Orthodontics Surgical oral and maxillofacial services Nonsurgical endodontic services
 
Industry Activities
Independent general dental practicingIndependent specialized dental practicingDental surgeryDental examinationsDental treatments


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