Sneak Peek at LMT's 2008 Fee Survey Confirms Denture Market is Thriving
Posted Apr 28, 2011 in LMT Surveys
The specialty once considered to be the least glamorous is thriving. According to initial results of LMT's 2008 Fee Survey, 58% of our denture lab respondents report an increase in profitability in the past two years, largely due to increased sales, greater productivity and higher fees. For instance, the average fee for a complete maxillary denture charged by removable labs has jumped 25% in just two years, up from $259 to $323. Click here to view the chart
Driving this growth is an aging population of educated dental consumers who are seeking more stable, comfortable dentures. For instance, one of the hottest areas of growth in removable prosthetics is mini-implant-supported overdentures. Mini-implants require less invasive and less expensive surgery as well as a much shorter healing time than conventional implants and the implant-support overdenture offers greater stability than a conventional denture, all of which make for a more appealing restoration...