Dentistry industry booming, Barclays reveals

23 May 2019

Barclays Business Banking reveals it has seen the number and value of loans to the UK dentistry industry almost double in the last two years, as dentists race to expand premises and invest in new technology to keep up with consumer demand.

Eight out of ten (82 per cent) of dentists say celebrity culture has rocketed demand for dentistry work, with customers looking for a ‘Hollywood smile.’ A further 60 per cent have seen patients reference a specific celebrity smile they want to copy.

Top of people’s list is actor Margot Robbie, with the nation’s most sought-after smile, with Love Island’s Jack Fincham in second place. Hustle star Anne Hathaway was voted third.

The research also found one in four Brits are unhappy with their teeth (27 per cent), with nearly two thirds (59 per cent) willing to spend money in order to achieve the ‘perfect smile,’ – an average of £1,121. In Brighton, those willing to spend money said they would splash the most cash - £2,157 on average, with Londoners close behind willing to spend £1,738.

Over a fifth of dentists surveyed said they were considering taking out a loan in the next two years, with the most common reason being a desire to start a new practice (45 per cent), followed by wanting to buy more machinery or equipment (30 per cent).

Register now to continue reading

Thank you for visiting The Dentist. To read more, please register. Registration to the-dentist.co.uk allows you to enjoy the following benefits:

WHAT’S INCLUDED

  • Unlimited access to the latest news, articles and video content

  • Monthly email newsletter

  • Podcasts and members benefits, coming soon!