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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 | Feb 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
$129bn
Annual Growth 11-16
2.3%
Annual Growth 16-21
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Profit
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Employment
955,958
Businesses
174,127
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. However, better preventive care has slightly suppressed industry revenue growth. Limited patient access to dental care, due to nearly one-half of states in the United States only covering emergency dental care for Medicaid patients, has caused some dentists to lower prices and cut into profitability. Dental practice management companies are expected to characterize the industry landscape over the next five years, as more dentists move away from operating as sole practitioners to reduce operating costs... purchase to read more

Industry Report - Starting a New Business Chapter

There are moderate barriers to entry into the Dentists industry. The cost of establishing a new practice ranges from $300,000 to $500,000, which represents a potential barrier for new players. There are also significant costs for equipping and establishing protocols and systems for a new practice. Although the industry exhibits high profitability, new entrants will have lower margins because it takes time to develop a reputation and build up a consistent patient base. However, dental management service companies can ease costs for new players, which helps to slightly reduce the barriers to entry.

Licensing and regulation create additional barriers to entry into the industry... 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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