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Dental Laboratories

SIC 8072 | NAICS 339116

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.


Select from the following sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For guides to other industries, see our index of over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


Dental Laboratories  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast


NADL
Publications available from this trade association include:

Journal of Dental Technology
http://www.jdtunbound.com/
Monthly trade journal features news and information for dental laboratory owners and managers, with topics covered in various issues of this publication including new products and techniques, optimizing systems to enhance profitability, increasing technician productivity, using supplier relationships as a selling point, differentiating your products in a crowded marketplace, and effectively using technology.

Costs of Doing Business Survey
http://www.nadl.org/
Annual cost of doing business survey provides information on a variety of topics including dental lab characteristics and demographics, lab technician compensation and experience, employee benefits, insurance costs, facilities and operations, annual unit volume, fees by product line, annual sales and expenses, and work received from and/or outsourced to domestic and foreign dental laboratories.


LMT Communications, Inc.
Publications available from this organization include:

LMT Magazine
http://lmtmag.com/
Monthly trade publication features news and information for dental laboratory owners and managers, with topics covered in each issue including management insights, marketing strategies, business how-to articles, and product updates, and special features including the biennial "LMT Fee Survey" and "LMT Wage Survey" reports and the "State of the Industry Survey" conducted every five years.

State of the Industry Survey
http://lmtmag.com/
State of the industry survey conducted every five years offers an in-depth look at current trends in the dental laboratory profession, changes over the last five years, and participants' outlook for the future, with separate sections of the report addressing specific segments of the market such as removable prosthetics, porcelain ceramics, implants and abutments, and digital materials and technologies.


GIA Research
Dental Laboratories
http://www.strategyr.com/

Comprehensive report provides a detailed analysis of the dental laboratories market in the U.S. and selected other countries, with topics covered in the report including industry and product overview, noteworthy trends, macro growth drivers, and historical and forecast sales trends, and U.S. firms profiled including Glidewell Laboratories, MicroDental Laboratories, Inc., and National Dentex Corp.




Financial Benchmarking Data


Industry Financial Ratios
Dental Laboratory
http://www.bizminer.com  Search for "339116"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


LMT Communications, Inc.
LMT Fee Survey Report
http://lmtmag.com/

Biennial fee survey report provides detailed information on fees for specific products by product type (e.g., fixed restoration, removable prosthetic, and orthodontic), geographic region (e.g., national, U.S. Census division), and lab size (e.g., 1, 2, 3-5, 6-20, 20+ persons), and also includes information on overall lab profitability and participant demographics. Current and past surveys are available online.


NADL
Costs of Doing Business Survey
http://www.nadl.org/

Annual cost of doing business survey provides information on a variety of topics including dental lab characteristics and demographics, lab technician compensation and experience, employee benefits, insurance costs, facilities and operations, annual unit volume, fees by product line, annual sales and expenses, and work received from and/or outsourced to domestic and foreign dental laboratories.




Compensation Surveys


U.S. Bureau of Labor Statistics
Medical Equipment and Supplies Manufacturing
http://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data for personnel employed by manufacturers in this sector on a national, state, and metropolitan area basis, with occupational categories covered in the survey including dental laboratory technicians who manufacture customized prosthetic devices such as crowns, bridges, and dentures and orthodontic appliances for individual patient applications.


LMT Communications, Inc.
Compensation surveys available from this organization include:

LMT Wage Survey Report: Managers
http://lmtmag.com/
Biennial wage survey provides average national hourly wage information for management personnel, with office manager compensation reported by years of experience (e.g., 0-2, 3-5, 6-10, 10+ years),
and department manager compensation reported by department (e.g., crown and bridge, removable, implant, and CAD/CAM) and years of experience (e.g., 0-2, 3-5, 6-10, 11-15, 15-20, and 20+ years).

LMT Wage Survey Report: Technicians
http://lmtmag.com/
Biennial wage survey report provides average national hourly wage information for technicians, with compensation data reported by department (e.g., crown and bridge, denture, orthodontic, implant, CAD/CAM) on an overall basis and by specific position within the department, years of experience
(e.g., 0-2, 3-5, 6-10, 11-15, 15-20, and 20+ years), and lab size (e.g., 2-5, 6-20, and 20+ employees).




Business Valuation Resources


Small Business Valuation Multiples

Dental Laboratory
http://valuationresources.com/

Comprehensive reference guide provides market-based business valuation multiples for companies that manufacture customized prosthetic devices (e.g., crowns, bridges, dentures, implants, inlays, onlays) and orthodontic products (e.g., retainers, mouthpieces) for individual patient applications.


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