Dentists in Canada - Industry Market Research Report

Dentists in Canada - Industry Market Research Report
Dentists in Canada

While the Canada Health Act only covers dental care for certain groups, leaving most consumers to pay out of pocket or with private insurance for dental services, dental practices typically experience strong, steady growth. The pandemic introduced an uncommon level of volatility, as social-distancing measures resulted in visits sinking before swiftly rebounding as vaccines rolled out. As health expenditure dipped following the pandemic's height, revenue followed. As a result of the fluctuations, revenue has been growing at a CAGR of 1.8% and is expected to reach $21.7 billion in 2023 when revenue is expected to rise 2.6%.

The Dentists industry in Canada comprises establishments of licensed dentists primarily engaged in the private or group practice of general or specialized dentistry or dental surgery. Offices of dentists, especially walk-in centres that accept patients without appointment and that often have extended office hours, are sometimes called clinics or dental centres.

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.