NAICS Code 532490-03 - Dental Equipment & Supplies-Leasing

Marketing Level - NAICS 8-Digit

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NAICS Code 532490-03 Description (8-Digit)

Dental Equipment & Supplies-Leasing is a subdivision of the NAICS Code 532490 that involves the rental and leasing of dental equipment and supplies to dental offices and clinics. This industry provides a cost-effective solution for dental professionals who want to upgrade their equipment or try out new technology without the high upfront costs of purchasing new equipment. Dental Equipment & Supplies-Leasing companies offer a range of equipment and supplies, including dental chairs, X-ray machines, sterilization equipment, and dental instruments.

Hierarchy Navigation for NAICS Code 532490-03

Tools

Tools commonly used in the Dental Equipment & Supplies-Leasing industry for day-to-day tasks and operations.

  • Dental chairs
  • X-ray machines
  • Sterilization equipment
  • Dental instruments (e.g. handpieces, scalers, probes)
  • Intraoral cameras
  • Digital impression systems
  • Curing lights
  • Ultrasonic cleaners
  • Dental lasers
  • Dental milling machines

Industry Examples of Dental Equipment & Supplies-Leasing

Common products and services typical of NAICS Code 532490-03, illustrating the main business activities and contributions to the market.

  • Dental chair leasing
  • X-ray machine leasing
  • Sterilization equipment leasing
  • Dental instrument leasing
  • Intraoral camera leasing
  • Digital impression system leasing
  • Curing light leasing
  • Ultrasonic cleaner leasing
  • Dental laser leasing
  • Dental milling machine leasing

Certifications, Compliance and Licenses for NAICS Code 532490-03 - Dental Equipment & Supplies-Leasing

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Dental Equipment Leasing License: A license required by the state of California for companies that lease dental equipment. The license is issued by the California Department of Consumer Affairs.
  • HIPAA Compliance: The Health Insurance Portability and Accountability Act (HIPAA) requires that all healthcare providers, including those who lease dental equipment, comply with strict privacy and security standards.
  • OSHA Compliance: The Occupational Safety and Health Administration (OSHA) requires that all employers, including those who lease dental equipment, comply with safety and health standards to ensure a safe workplace.
  • FDA Registration: The Food and Drug Administration (FDA) requires that all medical devices, including dental equipment, be registered with the FDA.
  • ISO 13485 Certification: The International Organization for Standardization (ISO) 13485 certification is a quality management system standard specifically for medical devices, including dental equipment. It ensures that the company has a quality management system in place to ensure the safety and effectiveness of their products.

History

A concise historical narrative of NAICS Code 532490-03 covering global milestones and recent developments within the United States.

  • The Dental Equipment & Supplies-Leasing industry has a long history of providing dental professionals with the necessary equipment and supplies to perform their work. The first dental chair was invented in 1790 by Josiah Flagg, and since then, the industry has continued to evolve. In the early 20th century, the first dental X-ray machine was invented, which revolutionized the way dentists could diagnose and treat dental problems. In the 1960s, the first dental laser was introduced, which allowed for more precise and less invasive dental procedures. In recent years, the industry has seen advancements in digital imaging technology, which has improved the accuracy of dental diagnoses and treatment planning. In the United States, the Dental Equipment & Supplies-Leasing industry has experienced significant growth in recent years. This growth can be attributed to several factors, including an aging population that requires more dental care, an increase in dental insurance coverage, and advancements in dental technology. In 2019, the industry generated $1.2 billion in revenue, and it is expected to continue to grow in the coming years. The COVID-19 pandemic has also had an impact on the industry, as dental practices have had to adapt to new safety protocols and invest in new equipment to ensure the safety of their patients and staff.

Future Outlook for Dental Equipment & Supplies-Leasing

The anticipated future trajectory of the NAICS 532490-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The dental equipment and supplies-leasing industry in the USA is expected to grow in the coming years due to the increasing demand for dental services and the rising cost of dental equipment. The industry is also expected to benefit from the growing trend of dental practices leasing equipment instead of purchasing it outright. This trend is driven by the high cost of dental equipment and the need for dental practices to conserve capital. Additionally, the industry is expected to benefit from the increasing number of dental practices in the USA, which is expected to drive demand for dental equipment and supplies-leasing services. Overall, the future outlook for the dental equipment and supplies-leasing industry in the USA is positive, with growth expected in the coming years.

Industry Innovations for NAICS Code 532490-03

Recent groundbreaking advancements and milestones in the Dental Equipment & Supplies-Leasing industry, reflecting notable innovations that have reshaped its landscape.

  • Digital Dentistry: The use of digital technology in dentistry has revolutionized the industry, allowing for more accurate and efficient dental procedures. Digital dentistry includes the use of digital X-rays, digital impressions, and computer-aided design and manufacturing (CAD/CAM) technology to create dental restorations.
  • 3D Printing: 3D printing has become increasingly popular in the dental industry, allowing for the creation of custom dental implants, crowns, and other dental restorations. This technology has the potential to reduce the cost and time required for dental procedures.
  • Laser Dentistry: Laser technology has been used in dentistry for several years, but recent advancements have made it more effective and efficient. Laser dentistry can be used for a variety of procedures, including gum disease treatment, cavity removal, and teeth whitening.
  • Teledentistry: Teledentistry allows for remote dental consultations and treatment, which has become increasingly important during the COVID-19 pandemic. This technology allows for dental professionals to provide care to patients who may not have access to traditional dental services.
  • Artificial Intelligence: Artificial intelligence (AI) has the potential to revolutionize the dental industry by improving diagnosis and treatment planning. AI can analyze large amounts of data to identify patterns and make predictions, which can help dental professionals provide more accurate and personalized care.

NAICS Code 532490-03 - Dental Equipment & Supplies-Leasing

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