Dental News - Australian Dental Industry Association to publish new report

Australian Dental Industry Association to publish new report

The Australian Dental Industry Association will present a new report in October. ADIA was last year named Association of the Year by Associations Forum. Its members supply more than 95 per cent of all products used in the Australian dentistry. (Image: maxuser/ Shutterstock)

Dental Tribune International

Mon. 5. February 2018

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SYDNEY, Australia: The Australian Dental Industry Association (ADIA) is to publish an updated edition of the Australian Dental Industry Intelligence Report. The report data is intended to provide dental product manufacturers and suppliers with an important tool that will allow them to benchmark their businesses’ performance and plan for growth.

“Providing high-quality data on the market for dental products has been a long-standing priority for ADIA. The investment in this research delivers on the commitment made to ADIA members set out in our latest strategic plan,” said ADIA CEO Troy Williams.

According to ADIA, the Australian Dental Industry Intelligence Report is unique and based upon data from a range of government and non-government sources that is used to construct a model of Australia’s dental industry. It estimates the value of products and services provided by the dental industry to dentists and allied oral health care professionals.

“It is a useful and accurate benchmarking tool for ADIA’s member businesses. The report is also a valuable reference for ADIA’s future consultations with government,” Williams said.

The sales data in the Australian Dental Industry Intelligence Report will be updated on an annual basis. This will allow ADIA member businesses to understand changes not only to the entire industry, but also to individual product categories, in both dollar and percentage terms.

Consulting firm Deloitte Access Economics has been engaged by ADIA to prepare the report. The appointment followed an exhaustive selection process, with the decision confirmed by the ADIA board in late 2017.

“As Australia’s dental industry will be using the report as the basis for their business decisions, ADIA needed to have absolute confidence in the ability of the consultants to apply the latest research and modelling techniques to produce a robust report,” Williams said.

It has been three years since ADIA last published the Australian Dental Industry Intelligence Report; consequently, this next edition is anticipated with considerable interest. It will be presented to the industry at the 2018 Australian Dental Industry Growth Conference, to be held on the Gold Coast from 26 to 28 October.