U.S. Dental Practice Industry Report from Wells Fargo
10/21/2011 - 2:48pm"The U.S. Dental Practice industry has proven to be quite resilient throughout the economic recession, having registered positive revenue growth each year from 2002 to 2010. In 2010, U.S. dental practices recorded a collective $107.6 billion in revenue, up 1.8 percent from the prior year, driven primarily by continued favorable demographic trends, improvements in technology, and heightened consumer awareness of the importance of oral hygiene to overall health. The industry is highly fragmented, with an estimated 154,000 practices in the U.S. in 2011; however, the increasing cost to outfit practices with the latest technology, coupled with the soaring cost of dental education, has deterred many dentists from owning and operating their own practices."
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