All smiles: Industry revenue will continue growing despite increasing competition

Over the past five years, the Orthodontists industry has benefited from favorable demographic trends and technological advances. More people have visited dentists, which has led to heightened awareness of the need for orthodontic services. However, rising capital costs associated with starting an industry establishment have discouraged new orthodontists from opening independent practices, and many established practices have consolidated to share operating costs and increase profitability. Although the industry will face increased competition over the next five years from general dentists, dental schools and do-it-yourself teeth alignment, a declining orthodontist-to-patient ration will present significant growth opportunities for industry operators...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • As start-up costs have increased, many dental graduates have been less willing to start their own practice
  • The industry has faced external competition from dentists and dental schools
  • Orthodontists will rapidly retire, limiting consumers' access to orthodontic care
  • Industry Report - Industry Analysis Chapter

    Over the past five years, the Orthodontists industry has benefited from technological advances and a steady place in the economy. For example, the advent of new technologies has enabled orthodontists to provide treatment in shorter times, lowering the industry’s dependence on labor. According to data from Humana, about 4.0 million people in the United States have braces, 25.0% of whom are adults, demonstrating robust high demand for industry services. However, while demand is high, it only minimally increased over the past five years, resulting in relatively stagnant revenue.Over the five years to 2017, industry revenue is expected to grow at an annualized rate of only 0.5% to $11.1 billion, including a 0.9% rise in 2017. Profit is anticipated to increase from 14.5% o...purchase to read more.

    Additional Insights for the Orthodontists Industry

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

  • Easy access for clients
  • Ability to quickly adopt new technology
  • Maintenance of excellent customer relations
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Number of adolescents aged 10 to 19 in the Orthodontists industry impact industry performance..

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    What's in this report

    What is the Orthodontists Industry?

    This industry is made up of health practitioners who specialize in treating misaligned teeth and facial development with braces, headgear, retainers and other methods. Industry operators are doctors of dental surgery (DDS) or doctors of dental medicine (DDM) and have several years of specialty training in orthodontics. Industry operators may work in family, group or large practices.

    Industry Products
  • Braces
  • Oral surgery
  • Other services
  • Industry Activities
  • Braces
  • Oral surgery
  • Cosmetic procedures
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Number of adolescents aged 10 to 19
  • Number of people with private health insurance
  • Per capita sugar and sweetener consumption

  • Current Performance
  • Stable demand
  • Healthcare reform
  • Changing industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Healthcare reform
  • Technology driving growth
  • Table: Orthodontists Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Orthodontists Industry Lifecycle vs The Economy

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

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

  • Products & Services
  • Braces
  • Oral surgery
  • Other services
  • Chart: Orthodontists Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Individuals aged 35 through 64
  • Children under age 19
  • Individuals aged 65 and older
  • Individuals aged 19 through 34
  • Chart: Major Market Segmentation for the Orthodontists Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Orthodontists

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Orthodontists Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Orthodontists 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 Orthodontists Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Per capita disposable income (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Dental Braces
  • Devices used in orthodontics that align and straighten teeth, and help to position them with regard to a person's bite.
  • Dentition
  • The type, number and arrangement of a set of teeth.
  • Removable Retainers
  • Devices used in orthodontics that prevent the movement of the teeth to their previous position.
  • What Our Customers Say

    Why buy this report?

    The Orthodontists industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    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 Orthodontists:
    • 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 Orthodontists 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 Orthodontists, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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