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The purpose of this study is to discuss the economic outlook of dentistry in relation to pessimistic economic perspectives of Korea and to present subsequent solutions. The expectation of the future economic growth rate of Korea is gloom with not only a love rate of increase in population due to an aging society and a low birthrate, but also with a declined number of productive populations. Moreover, the future of dentistry in Korea is obscure. Even with a dwindling population growth, an average of 750 new dentists graduate from dental school every year. The 30-35% of the new graduates practice in public hospitals; and 65~70% of them open up their own private practices, However, unlike in the past, the occurrence of dental practice bankruptcy has been increasing with a competitive environment, excessive initial investment, knowledgeable patients, and etc. Therefore, it is essential to re-evaluate the number of new graduates. Also, it is necessary to supply a greater number of public hospitals with newly licensed dentists, who have various clinic experience, participate in research and development, and experience appropriate hospital management skills. |
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