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 SWOT Analysis Chapter
Although the Dentists industry has been around for a long time, it is still growing. IVA, or an industry's value to the overall economy, is expected to grow at an annualized rate of 3.4% over the 10 years to 2021. Comparatively, GDP is anticipated to increase at an average annual rate of 2.1% during the period. As a result, the industry is growing at a faster pace compared with the overall economy, driven by more individuals becoming aware of the role oral health plays in their overall health.
With the associations between oral and systemic health becoming clearer, dental practitioners are increasingly involved in promoting their patients' overall health... purchase to read more