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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 | May 2015

Squeaky clean: Increased access to dental care and improving economic conditions will benefit operators

IBISWorld’s Dentists market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$123bn
Annual Growth 10-15
1.3%
Annual Growth 15-20
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Profit
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Employment
945,053
Businesses
171,433
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 - Starting a New Business Chapter

There are moderate barriers to entry into the Dentists industry. The cost of establishing a new practice ranges between $300,000 and $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 reduce the barriers to entry slightly.

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
Anesthesia servicesMedical and diagnostic testingDental nonsurgical intervention servicesDental surgical intervention servicesDental visits and consultations
 
Industry Activities
Independent general dental practicingIndependent specialized dental practicingDental surgeryDental examinationsDental treatments


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