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Dentsply Sirona SWOT & PESTLE Analysis

ID : 52883553| Apr 2021| 21 pages

COMPANY PROFILE -Dentsply Sirona

Business Sector :Healthcare, Dental goods

Operating Geography :United States, North America, Global

About Dentsply Sirona :

Dentsply Sirona is an American dental equipment manufacturer and dental consumables producer that specializes in anesthetics, plaque and gum disease prevention (prophylaxis) and tooth polishers. It is headquartered in Charlotte, North Carolina, U. S. The company designs and produces laboratory and speciality products relating to dental supplies and also construct artificial teeth. In 1899, DENTSPLY International was formed as Dentists’ Supply Company in New York City and the company Sirona Dental Systems was established in 1877 in Erlangen, Germany. Later, in 2016 the two companies merged to form Dentsply Sirona, operating in more than 40 countries worldwide and a sales presence in more than 120 countries.
Dentsply Sirona designs, produces and markets a complete line of dental and oral health products, including general dental supplies and devices, CAD/CAM restoration systems (CEREC and inLab), a full suite of dental restorative products, digital intra-oral, panoramic and 3D imaging systems, handpieces, hygiene systems, dental treatment centres and dental speciality products in orthodontics, endodontics and implants. In March 2021, the company announced its extended partnership with North American Dental Group for cutting edge technology and clinical solutions and also the company's latest product Primescan, the intraoral scanner which provides a variety of disinfection and sterilization procedures with three different sleeve options is launched and now available for use.
Dentsply Sirona's Unique Selling Proposition or USP lies in it being the world’s largest manufacturer of professional dental solutions. Dentsply Sirona's mission statement reads, " Empowering dental professionals to provide better, safer, faster dental care.”

Dentsply Sirona Revenue :


$ 4,029.2 million – FY ending 31st December, 2019
$ 3,986.3 million – FY ending 31st December, 2018

Competitive Analysis of Dentsply Sirona

SWOT
PESTLE

The SWOT analysis for Dentsply Sirona is presented below in a matrix followed by the detailed analysis report

StrengthsWeaknesses
1. Largest global provider of dental products, software and services
2. Leading the market for innovative dental solutions
3. Strong financial profile and capital structure
4. Accelerating growth profile long term
5. Strong franchise with leading brands and technologies
6. Acquisitions to further strengthen market position and target a larger patient group
1. Dependance on third party distributors for majority of their products distribution
OpportunitiesThreats
1. Creation of impactful innovations every year
2. The dental market is an attractive one which offers high future growth opportunity.
3. Digital Dentistry (scanners, aligners, millers) showing good growth opportunity
4. Aging population with greater discretionary income will require more dental care in the future
5. Greater demand for aesthetic Dentistry may lead to expansion of this market in near future
1. Impact of Covid 19 towards procurement of raw materials globally
2. The effect of pricing pressure from low cost competitors
SWOT & PESTLE (combined)
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Detailed SWOT Analysis of Dentsply Sirona

Strength

1. Largest global provider of dental products, software and services: Dentsply Sirona is the largest global provider in Dental consumables, technology and equipment. The Net sales of the company among the dental consumables accounted for approx 42%, 43% and 42% of the sales in the year ending on December 31, 2019,2018,2017 respectively. According to 2018 reports the total sales accounted for a $3.59B. The company provides a range of products in all the fields pertaining to dentistry from Orthodontics to Endodontics to Implant Dentistry and many more. Every year more than 30 products are launched.

2. Leading the market for innovative dental solutions: Innovation is a mandate in today’s world with changing trends, consumer demands and perceptions. Dentsply Sirona is one of the most innovative leaders globally with a total sum of $150 every year for advancing dentistry through innovative products. The company has a large R&D platform with around 600 scientists and engineers working on approx 50 clinical studies at one point. Every year the firm targets production of over 30 innovative products. It is credited with the invention of the first dental X ray unit and first electric dental drill. Among the latest innovations, some noted ones are SphereTEC (2015) a type of spherical filler particles taking the conventional composite restoration to a next level. CEREC Zirconia (2016) having high flexural strength which can be used for individual crowns as well as bridges and can be processed in thin thickness as well. In Endodontics branch, Endo Software (2016) is a novel form of CBCT used for enhancing Endodontic treatment. In Orthodontics, SureSmile Aligners (2018) offer practically invisible treatment of tooth malocclusions. OsseoSpeed Profile EV implant (2017), also from Dentsply’s stable, was considered indispensable when used in expected or any existing sloped ridges.

The remaining section under "Strength" is available only in the 'Complete Report' on purchase.

Weakness

This section is available only in the 'Complete Report' on purchase.

Opportunity

This section is available only in the 'Complete Report' on purchase.

Threats

This section is available only in the 'Complete Report' on purchase.

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References used in Dentsply Sirona SWOT & PESTLE Analysis Report

1. Corporate Social Responsibility - https://www.dentsplysirona.com/en/about-dentsply-sirona/corporate-social-responsibility.html
2. Dentsply Sirona JP Morgan Healthcare Conference - https://investor.dentsplysirona.com/static-files/8d026927-7fd2-4bc4-bb4c-cadf164df282
3. ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 - https://investor.dentsplysirona.com/node/25036/html
4. Nobel Biocare, Straumann, Dentsply Sirona Lead US Dental Implant Fixtures Market Despite Pricing Pressure from Low-Cost Competitors - https://www.prnewswire.com/news-releases/nobel-biocare-straumann-dentsply-sirona-lead-us-dental-implant-fixtures-market-despite-pricing-pressure-from-low-cost-competitors-300464649.html
5. 8 Exciting Dental Industry Trends in 2019 - https://www.national.biz/8-exciting-dental-industry-trends-in-2019/
The detailed complete set of references are available on request in the 'Complete report' on purchase.

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SWOT & PESTLE.com (2021). Dentsply Sirona SWOT & PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/dentsply-sirona/ [Accessed 01 Aug, 2021].

In-text: (SWOT & PESTLE.com, 2021)

Copyrights and Disclaimer

Dentsply Sirona SWOT and PESTLE analysis has been conducted by Dr.Fatema Sayeed and reviewed by senior analysts from Barakaat Consulting.

Copyright of Dentsply Sirona SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.

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