Industry Analysis & Industry Trends
Great progress has been made over the past few decades in understanding common oral diseases, such as tooth decay and gum diseases, which has helped pave the way for the expansion of the Dental Services industry. The ageing and growth of the Australian population and the trend for people to retain their natural teeth are key factors promoting the ongoing demand for dental services.
The bulk of industry revenue is derived from the provision of general dental services, including restorative, preventative and diagnostic services. The Dental Services industry is expected to generate revenue of $8.2 billion in 2013-14, representing moderate growth of 1.0% from the previous year, slowed by the sluggish pace of general economic expansion... purchase to read more
Industry Report - Industry Analysis Chapter
The adult tooth loss rate is declining. This, along with an ageing of the Australian population, means more business for dentists. Industry revenue is expected to increase by an annualised 4.8% in the five years through 2013-14 to reach $8.2 billion. Revenue is forecast to grow by 1.0% in 2013-14. Industry growth has been promoted by an increase in the volume of services rendered (at about 3.0% annualised) and a real increase in the average price per equivalent service.
Better use of less-qualified staff and the availability of new technologies have helped increase the range of services that can be cost-effectively performed by dental practices, which has had a positive effect on demand for services... purchase to read more