3 Dental Stocks To Top Earnings Estimates This Season

Of late, the global dental industry demonstrated strong and sustainable growth, courtesy of the uninterrupted rate of evolution that its niche space is witnessing to embrace the changing needs of patients. With the aging of population, the industry stands testament to a gradual change in healthcare delivery system with newer policy adoptions. Also, an increasing healthcare awareness has led to a continuous technological innovation on the dental equipment platform, enabling a rise in adoption of artificial intelligence (AI) and big-data applications.

Good news is that on the back of an upbeat consumer sentiment and increased business investments, this industry appears to be in the pink of health now. Year to date, the dental supplies market has been faring better than the S&P 500 index. The market has gained 6.7%, outperforming the broader market's 5.8% tally.

While we are currently in the middle of second-quarter 2018 earnings season with a number of releases yet to come up, we hardly expect any deviation from this uptrend.

Let us delve deeper:

Factors Driving Demand for Dental Treatment

Rise in Elderly Population: A graying populace has been a significant contributor. With age, the senior citizens are showing a tendency to fall under a different dental disease pattern. Per the National Institute of Dental and Craniofacial research, more than 24% adults aged above 74 years have lost all teeth. People on medication for chronic and metabolic disorders also reach an edentulous state.

Orthodontic Requirement Among the Teen and Children: Currently, around 60-75% of the total global population is suffering malocclusion or misaligned teeth (a Cision Report). Also, a recent study published in NCBI shows that only 4% of 13-15-year-old adolescents has normal occlusion with the rest suffering various forms of malocclusion. This directly indicates how children and teenagers are slowly but steadily dominating the global orthodontic market.

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