The dental industry has quickly evolved over the last few years as new challenges have emerged and competition has increased, leading practices to adapt and reimagine clinical care and operations.
Here are 10 statistics showing how the dental practice landscape is evolving:
1. About 25% of dentists have dropped out of insurance networks so far this year.
2. Nearly 66% of dentists have increased their fees this year.
3. Newer and younger dentists are waiting longer to buy or build their own practice after graduating from dental school.
4. The percentage of dental students interested in private practice after graduation has increased by three percentage points in the last 10 years.
5. Thirty percent of dentists have reported their safety being threatened by a patient.
6. Thirty percent of dentists are doing more hygiene procedures compared to before the COVID-19 pandemic.
7. Nearly 60% of dentists who reported “major” career stress are considering changing careers or retiring early.
8. Three-quarters of all dentists in the U.S. work in a dental practice that only has one location.
9. Dentists with less experience are more likely to be affiliated with a DSO.
10. Around one in seven dentists across the U.S., or 14%, are affiliated with a dental service organization.
