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Cosmetic Dentists in the US Industry Market Research Report from IBISWorld Has Been Updated
Date:8/1/2014

New York, NY (PRWEB) August 01, 2014

Over the past five years, the Cosmetic Dentists industry have benefited from innovative technologies that have enabled cosmetic dentists to provide cosmetic treatments that resemble a patient's tooth color. Moreover, the burgeoning elderly population has stimulated demand for cosmetic dentistry due to age-related tooth ailments. Due to long-term use of medications, which may cause tooth decay, many elderly individuals have demanded dental fillings, veneers and implants. As more elderly individuals keep their natural teeth longer as they age due to improved technologies and treatment, more individuals require periodontal care, such as periodontal plastic surgery to correct gum irregularities; this further exacerbates demand for industry services from this demographic.

While rising demand for implants and orthodontics has provided a boon to the industry, many cosmetic dentists still relied on other services, such as crowns, bridgework, bonding, veneers and whitening, to derive revenue over the past five years. During the period, although many dental insurance providers did not include coverage for industry services, many dental insurers included services to restore tooth structure or improve a patient's oral health. During the five years to 2014, industry revenue is anticipated to grow at an annualized rate, including growth in 2014. This is due to strong demand for cosmetic procedures from individuals aged 31 to 50, with this demographic comprising the largest share of industry revenue, which can be partly attributed to their relatively high disposable income. Profit is expected to rise, due to many cosmetic dentists joining larger practices, such as dental practice management companies. Consequently, this will enable cosmetic dentists to share operational costs and expand their product portfolio, thereby keeping more patient referrals in-house.

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