ADIA releases new dental product sales report


dental product sales

The Australian Dental Industry Association has just published the Australian Dental Industry Intelligence Report, its latest —and the most authoritative—assessment of the market for dental products. According to this, the sector has enjoyed sustained growth of 5.2 per cent p.a. over the past decade and in FY2016-17 was valued at $2.196 billion.

“ADIA is pleased to make available this research which assesses the total value of the dental industry and provide detail on 14 discrete product and service categories,” ADIA CEO Troy Williams said.

“It’s a powerful business planning too for manufacturers and suppliers of innovative dental products.”

Now in its third edition, the Australian Dental Industry Intelligence Report provides context as to what drives growth in the sector.

“It’s a comprehensive piece of market analysis that models the industry using a range of external factors including changes to the nation’s expenditure on dental and oral healthcare, a key driver of sales of products to dental practices. Dental product import data is also a key dataset within the report,” Williams said.

The Australian Dental Industry Intelligence Report analyses sales of dental products to dental practices and over-the-counter sales to consumers, as well as many other sales categories.

Also assessed in the report is the value of the dental laboratory sector in addition to the sales of professional services to dental practices.

“Production of the Australian Dental Industry Intelligence Report is a major investment by ADIA and an outcome of the 2016-20 ADIA Strategic Plan which has a commitment to help member businesses understand and benefit from changes to the environment in which dental products are manufactured and supplied,” Williams said.

The report is available free of charge to ADIA member businesses and can be purchased here for $685 by non-member businesses.

Based on a media release sourced from the ADIA website.

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