This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Strong bite: A relatively low unemployment rate will likely support accessibility of industry services
The Dentists industry comprises dental health practitioners primarily engaged in the independent practice of general or specialized dentistry or dental surgery. Over the last few years, the industry experienced largely positive growth as advances in dental technology and improved access to care for older adults resulted in greater gains. The industry benefited from rising disposable income and a relatively low unemployment rate, resulting in more consumers with healthcare coverage. The industry also recovered well in 2021 and 2022 after enduring substantial losses in 2020 amid the onset of the COVID-19 pandemic. Both of these trends have created a balancing effect on revenue growth; industry revenue will grow at a CAGR of 1.0% to $171.7 billion in 2023. This also includes a 2.7% decline in 2023 alone because of historically high inflation rates, which have caused a decline in total health expenditure.
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.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Methodology
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