According to a Northcoast Research 3Q11 Dental Industry Report, dental industry growth is improving. In CY11 Northcoast is modeling internal dental supply growth (consumables and equipment) of 3.0% and in CY12 they expect 4.2% growth.
In addition, the report shows that case acceptance rates are improving. Dentists indicate they’ve experienced small increases in the number of cosmetic cases being accepted by patients, providing further evidence that the dental industry is improving. In total, a net 27% of our 125 survey respondents indicated that patient case acceptance had improved on a year-over-year basis. This is an increase from 2Q11 when a net 24% of practices said case acceptance rates had improved.