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          1. Dentists Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 8/18/2020
            SIC Codes: 8021
            NAICS Codes: 6212
            Chapters Include:
            Industry Overview Trends & Challenges Industry Forecast
            Quarterly Industry Update Call Prep Questions Website & Media Links
            Business Challenges Financial Information Glossary & Acronyms
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            Excerpt from Dentists Industry Profile

            Companies in this industry provide general and specialized dentistry services. Major companies include US-based American Dental Partners, Smile Brands Inc. (Bright Now! Dental, Castle Dental, and Monarch Dental, and Western Dental, along with Abano Healthcare (New Zealand), Bupa Dental Care (UK), and OdontoPrev (Brazil).

            More than 1 million practicing dentists in 130 countries are represented by the FDI World Dental Federation, the world's the largest membership-based dental organization. Spending on dental services varies from country to country. In the US, dental services account for nearly 4% of total health expenditures, compared to about 7% in Canada.

            About 135,000 dentists' offices operate in the US, generating annual revenue of about $120 billion.

            COMPETITIVE LANDSCAPE

            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, purchasing, and 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% of revenue.

            PRODUCTS, OPERATIONS & TECHNOLOGY

            Dentists practicing general dentistry provide amalgam and composite fillings, regular teeth cleanings, cosmetic dentistry, root canals, sealants, and oral surgery. Other services include orthodontics, gum disease treatment, maxillofacial surgery, temporomandibular joint (TMJ) therapy, ...

             
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