Wall Street continues to see stability, not growth, in the dental tech industry for spring 2013
May 22, 2013
Baird Equity Research has published its spring survey, and, like in previous reports, things are looking fine. As in earlier reports from this year, the dental technology industry remains stable with some modest growth. In regards to equipment demand, results are just okay. “Bottom line, we consider results neutral/slightly positive for XRAY/HSIC and neutral/slightly negative for PDCO/SIRO.”
Market takeaways include:
- Stable patient volumes
- Slightly encouraging monthly trends
- Procedure-specific improvements “holding in”
- Cautious outlook for dental equipment spending
The survey also makes some predictions for the future of CAD/CAM. For instance, 33% of respondents will own a full in-office CAD/CAM system. Two-thirds of those dentists will splurge for a premium system, and about one-fifth of CEREC owners plan to upgrade to Omnicam in the next year.
Most of the dentists who responded to this survey are general practitioners, as well as the sole dentist in their practice.
For more information on the state of dental technology today, have a look at all 18 pages of the May 2013 report, “Medical Technology: Spring 2013 Dental Survey: Stable Markets, Evolving CAD/CAM Dynamics.”
MORE BAIRD REPORTS AND ARTICLES:
Wall Street saw stability over growth at CDA Presents in AnaheimMedical Technology: CDA Highlights Stable Domestic Dental Trends.
Medical Technology: March Dental Survey - Showing Signs of Life
IDS 2013 Recap; DI and CAD/CAM Take Center Stage
