How to Survive the Dental Lab Apocalypse
Posted Feb 16, 2018 in Industry News
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The dental lab industry may be one of the last to jump on the digital bandwagon, but like so many industries before us, its inevitable change is happening now. This era of spending long hours mastering the art of the profession and hand making a tooth—and the way of life in the dental lab, is drawing to a close.
To get a sense of where the industry is headed, let’s look at the facts:
- Demographics - the average age of a lab owner/manager is 51.8 years old which means a good portion of lab operators will be retiring by 2030. The average age of a dentist is about the same for many labs, their largest clients will also be retiring.
- Disruption - here come the tech companies. Many technology-based companies are investing billions into this space because they see the opportunity to change the way business is done: Align Technologies, Carbon, Sirona, 3Shape, FormLabs, Uniform Teeth, Candid, SmileDirectClub,...