Industry Analysis & Industry Trends
The Dentists industry is resilient and expected to benefit from improving dental care insurance coverage. The industry performed well during the recession and is expected to continue benefiting from favorable demographic trends, improvements in technology and mounting awareness of the importance of oral hygiene. In contrast, the cost of dental education has soared, weighing dental graduates down with debt that has hindered them from starting practices. Rapid advancements in technology are also making it very expensive to outfit a dental office. These factors have led to the growth of dental management practice companies, which reduce overhead... 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 $0.04 is spent on capital in 2015. Wages account for 38.1% 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 fixed assets in this industry. However, capital costs are steadily rising... purchase to read more