Industry Analysis & Industry Trends
The Dental Services industry has benefited over the past five years from Australia's ageing and growing population. While many consumers pay for dental check-ups and procedures with their own income, others use private health insurance extras cover to subsidise the cost. Growing private health insurance coverage has therefore stimulated industry growth as patients are more willing to visit their dentist regularly and undergo expensive procedures. Consequently, industry revenue is forecast to rise by 3.5% annualised over the five years through 2015-16, to reach $9.6 billion.
Several significant Federal Government policy changes have been introduced over the past five years, with varied effects on the industry... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of industry activity by state and territory is largely influenced the distribution of population, the age profile of the population, the distribution of household incomes and by the demand response to higher levels of service provision. Demand for private dental services, and the distribution of private activity, is affected by the extent of public dental services, which varies from jurisdiction to jurisdiction. Industry activity is also affected by the extent of dental health in a jurisdiction. Some dental practitioners are attracted to large cities for personal lifestyle reasons.
Australia's three most populous states of New South Wales, Victoria and Queensland account for the vast majority of industry enterprises and practitioners... purchase to read more