|Last Quarterly Update:||10/7/2013|
|Industry Overview||Trends & Challenges||Industry Forecast|
|Quarterly Industry Update||Call Prep Questions||Website & Media Links|
|Business Challenges||Financial Information||Glossary & Acronyms|
Companies in this industry provide general and cosmetic dentistry services. Major companies include US-based Smile Brands (Bright Now!, Castle Dental, and Monarch Dental), along with Calabrodental (Italy), Dental Corporation Holdings (Australia), Oasis Healthcare (UK), and Odontoprev (Brazil).
More than 1 million dentists practice worldwide, according to the World Dental Federation (FDI). Spending on dental services varies from country to country. In the US, dental services account for 4.5 percent of total health expenditures, compared to 8 percent in Canada and 12 percent in Egypt.
About 130,000 dentists offices operate in the US, generating annual revenue of about $100 billion.
Demand for dental services is driven largely by population growth, especially among children ages 5 to 19, who may require prophylactic and orthodontic work, and adults over 55, who may need more specialized dental work. Profitability depends on efficient operations. Large practices have advantages in marketing and in being able to offer a wider range of services. Small practices can compete successfully by providing superior service or by focusing on an underserved region. The US industry is highly fragmented: the 50 largest practices generate about 5 percent of revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Dentists practicing general dentistry provide amalgam and composite fillings, regular teeth cleanings, cosmetic dentistry, root canals, sealants, oral surgery, gum disease treatment, temporomandibular joint (TMJ) therapy, tobacco cessation and nutrition counseling, crowns and bridges, dentures, and dental implants.
Most dentists offices include dental hygienists ...
Complement this Industry Profile by purchasing a Focus Profile. Dentists has one Focus Profiles that can help you better understand this industry:
Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?Learn More About Subscription Options