AMERICAS ACCOUNTED FOR $174 BILLION IN DENTAL SERVICES MARKET IN 2016

The Americas was the largest region in the dental services market in 2016, accounting for $174 billion or 39.6% market share.

The global dental services market grew from $376 billion in 2012 to $440 billion in 2016 at a compound annual growth rate (CAGR) of 4.0%. It is expected to grow from $440 billion in 2016 to $528 billion in 2020 at a compound annual growth rate (CAGR) of 4.7%.

Individuals are looking on the internet for information on dental issues. They are searching for clinics, doctors and various treatment being offered by independent dentists, clinics or dental hospitals. Many blogs such as deardoctor.com, dentalbuzz.com and brightnow.com are publishing articles on dental health and answering individual queries, driving the demand for dental services.

Order the report at http://www.thebusinessresearchcompany.com/our-research/healthcare/dental-services-global-market-briefing-2016/

Cost is the biggest issue faced by most companies. Pressure to contain costs is widespread among dental service providers. Customers expect dental service providers to deliver value for the money spent. Also, the high cost of dental devices and other equipment continues to add to the overall cost burden. Dental waste disposable also increases the overall expenditures of dental service practices.

The UK’s National Health Service was the largest company in the global dental services market in 2015.  It is the publicly funded health care system created under the UK’s National Health Service Act. The organization was launched in 1948. It has more than 1.5 million employees. Each of the four countries of the UK has a publicly funded health care system –

• NHS England
• NHS Scotland
• NHS Ireland
• NHS Wales

NHS offers oral health assessment and provides services such as includes orthodentistry, root canal treatment, scaling, polishing and fixing crowns and bridges. It also includes emergency care such as stopping bleeding, trauma, teeth knocked out, severe pain or swelling,

Request a sample of the report at http://www.thebusinessresearchcompany.com/wp-content/themes/tbrc/sample.php?id=2844&req=s

All the four healthcare systems are collectively referred to as the National Health Service, which employs more than 1.5 million people. The NHS in England employs around 1.2 million people. Of those, the clinically qualified staff include 150,273 doctors, 40,584 general practitioners, 314,966 nurses and health visitors, 18,862 ambulance staff, and 111,127 hospital and community health service (HCHS) medical and dental staff. The NHS in Scotland, Wales and Northern Ireland employs 161,415; 84,000 and 66,000 people respectively.

Funding for the NHS comes directly from taxation. For 2015-16, the overall NHS budget was around £116.4 billion. About 2.5% of the NHS budget is allocated for dental services which translated to £2.91 billion in 2015. NHS England is managing more than 85% of this.

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information.

The Business Research Company

Europe: +44 744 3439350

Asia: +91 8897263534

Americas: +1-484-625-8871

Email: [email protected]

Posted by Oliver Guirdham on Friday March 03 2017, 11:01 AM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0