Tooth be told: Rising incomes are expected to spur more spending on cosmetic and restorative services

The Dentists industry in Ohio has grown steadily over the five years to 2018, with revenue forecast to rise at an annualized rate of 2.8% to $4.4 billion during the period, including revenue growth of 2.2% in 2018 alone. Industry operators in the state benefited from favorable demographic trends and an increasingly insured population. At both the state and national levels, the industry as a whole is receiving more reimbursements from private insurers, thanks to expanding access to healthcare insurance. In Ohio, the number of individuals with private health insurance has grown at an annualized rate of 0.9% over the five years to 2018, according to IBISWorld estimates. Furthermore, the state’s low rate of uninsured citizens relative to the national rate has benefited industry operators...purchase to read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 13-18
2.8%
Forecast Growth 18-23
Profit
Employment
34,964
Businesses
5,520

Industry Threats & Opportunities

  • Primary factors of revenue growth include the state’s low rate of uninsured individuals and rising per capita disposable income
  • Additional Insights for the Dentists in Ohio Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Dentists in Ohio Industry are

  • Ensuring pricing policy is appropriate
  • Maintenance of excellent customer relations
  • Easy access for clients
  • IBISWorld analysts also discuss how external factors such as Federal funding for Medicare and Medicaid and Number of adults aged 65 and older in Ohio in the Dentists in Ohio industry impact industry performance..

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    What's in this report

    What is the Dentists in Ohio Industry?

    This industry includes health practitioners with Doctor of Dental Medicine (DMD), 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) or in the facilities of others, such as hospitals or HMO medical centers.

    Industry Products
  • Dental consultations and diagnostic services
  • Preventative services
  • Restorative dental services
  • Prosthodontics (fixed and removable)
  • Orthodontics
  • Surgical oral and maxillofacial services
  • Dental nonsurgical intervention services
  • Industry Activities
  • Independent general dental practicing
  • Independent specialized dental practicing
  • Dental surgery
  • Dental examinations
  • Dental treatments
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Federal funding for Medicare and Medicaid
  • Number of adults aged 65 and older in Ohio
  • Per capita disposable income in Ohio
  • Total health expenditure

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Dentists in Ohio Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Health & Medical Insurance
  • Health & Welfare Funds
  • Consumers

  • Key Selling Industries
  • Brand Name Pharmaceutical Manufacturing
  • Drug, Cosmetic & Toiletry Wholesaling
  • Medical Instrument & Supply Manufacturing
  • Medical Supplies Wholesaling

  • Products & Services
  • Restorative dental services
  • Dental consultations and diagnostic services
  • Preventative services
  • Other
  • Prosthodontics (fixed and removable)
  • Orthodontics
  • Surgical oral and maxillofacial services
  • Dental nonsurgical intervention services
  • Chart: Dentists in Ohio Industry Products and Services Segmentation

  • Major Markets
  • Private insurers
  • Patients' out-of-pocket expenditures
  • Other patient care
  • Government insurance
  • Chart: Major Market Segmentation for the Dentists in Ohio Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Dentists in Ohio

  • Basis of Competition
    Barriers to Entry
    Dental service organizations, Comfort Dental, Dental Schools in Ohio, Dental Works,
  • Table: Dental service organizations - financial performance
  • Table: Comfort Dental - financial performance
  • Table: Dental Schools in Ohio - financial performance
  • Table: Dental Works - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Dentists in Ohio Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Dentists in Ohio Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Number of people with private health insurance (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Dental Hygienist
  • A dental professional who specializes in cleaning the teeth by removing plaque, calculus and diseased gum tissue.
  • Dental Practice Management Company (Dpmc)
  • A company that provides administrative and operational services to multiple dentist practices.
  • Oral And Maxillofacial Surgeon
  • A facial surgeon responsible for treating a wide variety of dental problems, including the removal of impacted teeth and reconstructive facial surgery.
  • Orthodontist
  • A specially trained dentist who specializes in the development, prevention and correction of irregularities of the teeth, bite and jaws.
  • What Our Customers Say

    Why buy this report?

    The Dentists in Ohio industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Dentists in Ohio:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Dentists in Ohio market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Dentists in Ohio, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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