Dental Services Market 2021 Global Insights and Business Scenario – Coast Dental Services, LLC, Abano Healthcare Group Limited, Pacific Dental Services, Aspen Dental Management

The Dental Services Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. Report analyses the post-COVID-19 (Corona Virus) impact on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.

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The 87 pages report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Dental Services Market: Coast Dental Services, LLC, Abano Healthcare Group Limited, Pacific Dental Services, Aspen Dental Management and others.

Industry News and Updates:

Coast Dental Services Agrees to $1.3 Million Wage & Labor Settlement

23 Sep 2020: US Magistrate Judge Sean P. Flynn of the US District for the Middle District of Florida recommended that most of the settlement in McGuire vs. Intelident Solutions LLC et al (case number 8:18-cv-02995) be approved on September 4, 2020. This class action consists of approximately a hundred dental office managers employed by dental service organization (DSO) Coast Dental Services LLC and its parent company, Intelident Solutions LLC.

Joan McGuire, an office manager with Coast Dental, alleged that she and other office managers were misclassified as exempt under the federal Fair Labor Standards Act. McGuire and other workers also alleged they were denied overtime provisions guaranteed under these statutes. The total settlement approximates $1.3 million for all litigants. The judge found that McGuire and her class answered phones, performed customer service, sold treatment plans, and provided clerical duties. McGuire and her class also claimed to have provided overtime work without pay, even though they were entitled to it under existing statutes.

Western Dental Acquires Second SmileCare Office from Coast Dental Services, Inc.

July 10, 2018: ORANGE, Calif.-- Western Dental, one of the nation’s largest dental providers, announced today it has purchased the SmileCare dental office in Stockton.

The acquisition is the second SmileCare office purchased from Coast Dental Services Inc. in recent weeks. In late June, it purchased the downtown Modesto office at 2900 Standiford Ave. Western Dental now has a total of 196 offices in the state, including 24 dedicated pediatric dentistry and orthodontic offices.

Abano Healthcare enters revised NZ$117M buyout deal with asset managers

1 Sep, 2020: New Zealand-based dental clinic operator Abano Healthcare Group Ltd. entered into a revised buyout deal with a consortium of asset managers. Under a new scheme implementation agreement, Adams NZ Bidco Ltd. — an entity that will be owned by Australian private equity firm BGH Capital and Ontario Teachers' Pension Plan Board — will acquire 100% of the fully paid shares of Abano for NZ$4.45 per share. The per-share price is lower than an offer of NZ$5.70 per share Bidco made in March.

The previous offer was terminated due to the impact of the COVID-19 pandemic resulting in the closure of a number of Abano's practices. The revised offer represents a premium of over 70% to Abano's last close of NZ$2.61. In addition, suitors will not have the right to terminate the deal in the event of any material adverse changes in Abano's business, unlike the earlier deal.

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Executive Summary

Teeth play such a vital role in every individual’s life, it is very important to protect oral health and practice dental hygiene. Therefore, dental services are offered by dentists or dental care professionals for improving, restoring and managing oral health. In other words, people avail dental services for diagnosing, preventing, and treating various dental diseases or disorders.

Dental services can be broadly divided into three categories: Preventive/Diagnostic Dental Services, Basic Dental Services and Major Dental Services. The most popular dental services include, dental implants, oral examinations & cleanings, routine tooth extractions, root canal treatment, inlays & onlays, oral surgery, orthodontic treatment, smile makeover, dentures, cosmetic dentistry, etc.

Dental services are considered to be very important to preserve whitening of teeth; to prevent serious health complications; to increase confidence; and to have a healthy baby. The dental services market can be segmented on the basis of service type (General Dentistry, Oral Surgery & Orthodontics and Prosthodontics); procedure type (Cosmetic Dentistry & Non-cosmetic Dentistry); and application (Hospitals, Dental Clinics and Others). The general dentistry, and orthodontics and prosthodontics market can be further segmented into service type: general dentistry (Restorative Services, Preventive Services, Diagnostic Services & Non-surgical Endodontic Services), and orthodontics and prosthodontics (Orthodontics & Prosthodontics).

The global dental services market has increased at a significant CAGR during the years 2014-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The dental services market is expected to increase due to surge in the number of dentists, growing geriatric population, rapid urbanization, increasing healthcare spending, soaring diabetic population, rising affordability, etc. Yet the market faces some challenges such as high cost of dental services, strict government regulations, etc.

The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analyzing previous years’ data of these segments and sub-segments for getting an accurate and complete market size.                                            

Following are major Table of Content of Dental Services Industry:

Dental Services Market Sales Overview.
Dental Services Market Sales Competition by Manufacturers.
Dental Services Market Sales Analysis by Region.
Dental Services Market Sales Analysis by Type.
Dental Services Market Analysis by Application.
Dental Services Market -Manufacturers Analysis.

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