Prognosis

Dentistry at ‘Virtual Standstill’ and 2021 Isn’t Safe Either

  • ADA warning stands in contrast with some investor optimism
  • Covid-19 may cause a 66% drop in U.S. dental spending in 2020

   

Photographer: Suzanne Plunkett/Bloomberg

Lock
This article is for subscribers only.

The American Dental Association warned that the ongoing Covid-19 pandemic’s unprecedented impact is likely to slash dental spending into 2021, a stark warning that contrasts with some optimism of a quick recovery.

More than 80% of dental practices reported that patient volume for the week of April 6 was less than 5% of normal, findings from the ADA showed. The organization estimates Covid-19 could lead to a two-thirds reduction in U.S. dental spending for the year, with 2021 expected to face a 32% reduction. That would be worse than investors have feared, according to Evercore ISI analysts.