Dental Insider Blog

Observation and Commentary On the Dental Industry

Greater New York Dental Meeting Going on Now.

Posted by dentalinsider on November 27, 2007

The Greater New York Dental Meeting is running through Wednesday. We hope to be getting some reports from attendees as far as traffic and sales. With the economy taking a turn for the worse (check the stock market, housing and financials), the dental industry is going to be drug into it as well. Last week Patterson Dental lost 22% of its market cap when they released their quarterly results and cited a weakening economy. I think that were are going to see capital equipment purchases stagnant for at least the next 12-18 months. It’s time for manufacturers to re-think their projected growth and not take the ADEC approach….”Every customer is an ADEC customer…they just don’t know it yet.”.The coming months will set the stage for the next 2-3 years in the dental industry.

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