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 SWOT Analysis Chapter
Although the Dentists industry has been around for centuries, it is still growing. IVA, or an industry's value to the overall economy, is expected to grow at an annualized rate of 3.6% during the 10 years to 2019. Comparatively, GDP is anticipated to increase at an average annual rate of 2.5% during the period. As a result, the industry is growing at a faster pace compared with the overall economy, which can be attributed to 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