At $11 Billion By 2014, C&B Reigns
Posted Apr 28, 2011 in Management
By 2014, dental prosthetics will be an $11 billion per year industry. C&B will still represent the majority of that volume with PFM units being flat or on the decline, veneers growing by 50% and other all-ceramic units continuing on a growth trend.
Other changes I expect in the near future:
C&B labs will become "CAD/CAM companies" within the next five years.
In 10 to 15 years, 40% of our business will come from offshore, up from the 20% that's currently being imported from 26 different countries.
The economic threat of offshore outsourcing to U.S. laboratories is real and CAD/CAM is the only way to beat it. The technology makes complex, labor-intensive services predictable, routine and profitable. It lowers labor costs, allowing you to not just compete but to win the battle.
Laboratories of all sizes can access CAD/CAM via outsourcing and the technology also opens...
