Dentists in Illinois
Thanks to favorable demographic trends, technological advances and mounting awareness of oral hygiene, the Dentists industry in Illinois performed strongly over the five years to 2017. While an increase in health insurer reimbursements has benefited the industry, many dental clinics have opted to join dental service organizations in an effort to further increase overall profitability. Furthermore, as costs for dental education continue to increase, more dental students are graduating with greater debt. Due to rising educational costs and the significant capital investment to start a solo practice, many new entrants to the industry are attracted to the DSO model. The industry shift to dental practice management companies is expected to enable specialized dentists to group together to provide more in-house services at a single location, thereby bolstering their patient referral volumes.
This industry includes health practitioners with Doctor of Dental Medicine, Doctor of Dental Surgery or Doctor of Dental Science degrees. Industry operators are primarily engaged in the independent practice of general or specialized dentistry or dental surgery. These practitioners operate private or group practices in their own offices (e.g. centers or clinics) or in the facilities of others, such as hospitals or HMO medical centers in Illinois.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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