LONDON, Aug. 31, 2016 /PRNewswire/ -- Dentists are health practitioners who operate private or group practices in their own premises or in other facilities such as hospitals or health maintenance organization (HMO) medical centers. They provide dental preventive, cosmetic maintenance and/or emergency care. They might also specialize in a single field of dentistry.
This industry comprises establishments of licensed health practitioners having the degree of D.M.D. – Doctor of Dental Medicine, D.D.S. – Doctor of Dental Surgery, or D.D.Sc. – Doctor of Dental Science.
The dental profession can be classified into eight types of specialism. These are general dentistry, oral and maxillofacial surgery, endodontics, orthodontics, paediatric dentistry, periodontics, oral pathology, and dental public health. Some dental practices offer a combination of these specialisms; others are more specialized.
The Americas was the largest geographic market in the medical equipment market in 2015, accounting for $XX billion or XX% of the global market. The Americas is the largest market because of high demand for cosmetic and elective dentistry, insurance coverage of dental treatments and high prevalence of periodontal diseases. Europe was the second largest geographic market, accounting for $XX billion or XX% of the global market. Asia was the third largest geographic market, accounting for $XX billion or XX% of the global market.
Global per capita average dental services expenditure grew from $XX in 2011 to $XX in 2015 at a CAGR of XX% and is expected to grow to $XX in 2019 at a CAGR of XX%. Per capita average dental services expenditure is increasing because of increasing aging population, rising demand for cosmetic dentistry and rising dental implants penetration rate.
Dental Service Organizations (DSOs) - The dental services industry is experiencing a change in its delivery model through dental support organizations giving rise to corporate or group practices. The DSOs are facilitating more in-house treatments such as orthodontics, endodontic and oral maxillofacial surgery instead of being referred to a separate specialist. Group practices also provide better funding for infrastructure, equipment and expenses associated with hiring specialists.
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