Dental product suppliers face rising costs

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dental product suppliers costs
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The most recent survey of business confidence amongst manufacturers and suppliers of innovative dental products suggests the sector is facing headwinds from rising costs. That’s the conclusion of the Australian Dental Products Sector Business Conditions Survey published by the Australian Dental Industry Association.

“Businesses that supply the products used by dentists and allied oral healthcare professionals are facing challenges that range from rising electricity costs to higher prices associated with importing products from overseas,” ADIA CEO Troy Williams said.

“This doesn’t diminish the dental industry’s commitment to making available the latest innovations, it just means that the businesses have increased challenges.”

The survey also showed how large-scale trade shows like ADX18 Sydney, Australia’s largest healthcare tradeshow, can positively influence sales volumes, and that businesses are employing more people.

ADIA believes that the data in the Australian Dental Products Sector Business Conditions Survey is a clear indication why the Australian Government needs to maintain its efforts to reduce bureaucratic red tape.

“ADIA member businesses want to invest in their business and want to create jobs. This survey shows they are being challenged by rising business costs and that’s why we need government to cut the red tape which will lead to reduced compliance costs,” Williams said.

Based on a media release sourced from the ADIA website.

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