Thursday, March 28, 2013

Crisis In Cyprus May Negatively Impact Dental Industry Says DeMar Dental Labs


Demar Dental Labs is a full service state of the art dental laboratory located in Mahwah, New Jersey. It manufactures products and distributes them to dental practices across America. The products produced include traditional crowns and bridges, ceramic restorations, implants and abutments as well as full and partial dentures. The company also hosts seminars on a wide range of dentistry-related topics.

The international banking crisis that broke over the weekend in Cyprus has reverberated around the world and the worlds markets but its impact is even further reaching than many can imagine. As economists, traders and investors alike agree, the price of precious metals like gold are directly affected and impacted by the confidence people have in the banking system and in their nations or the globes fiat currencies (i.e.: paper money). As the confidence erodes or gets impacted by yet another potential global banking fiasco – the price of gold spikes and hinges on spiking dramatically.
What many casual observers don’t know is that gold is not just a shiny, precious metal but a metal with industrial uses. Most prominently in the dental industry gold is and has been used for the last 150 years to not only use in fillings but also to make dental prosthetics like crowns, bridges and even implant abutments and parts.

Dave Roche, CDT a senior technician at Demar Dental Labs in Mahwah, NJ is one of the most foremost experts in the tri-state area on the relationship between the prices of gold and its supply/demand impact on the dental industry. As a person who has owned and operated dental labs for more than 35 years and as a person who has actively participated in the global metals markets as a buyer and investor. Dave Roche stated “The crisis in Cyprus could absolutely have a ripple effect on dentistry in America and on patients across our nation due to the rise of the cost of Gold. Imagine paying 25% more for your crown or implant than you do already? Is America prepared to pay an extra $400-$500 because of what is going on in Cyrpus, Europe or in our nation with all of the money we are printing?” 

While all gold crowns and bridges are still being fabricated for a select few clients on a select few cases – they are indeed becoming more and more rare, after all – the alloy costs alone can be as much or more than the cost of manufacturing the crown itself.
In the past few years, Demar Dental Labs has seen a surge in semi-precious, all ceramic and zirconium restorations, which makes perfect sense both financially and esthetically to its users. Custom implant abutments have also swayed away from gold and now with new milling technologies are being manufactured in titanium and zirconium.

To help combat the high price of gold, Demar Dental Lab, has teamed up with Ivoclar Vivadent, to introduce a new option for cosmetic restorations with the use of IPS e-max. Ivoclar Vivadent is a global leader in innovative materials and processes for premium quality dentistry. Ivoclar Vivadent operates one of the largest research & development centers in the dental industry. E-Max is a patented lithium disilicate material that combines high esthetics and superior strength which is a revolution for the dental industry. E-Max provides a fix cost for producing dental crowns, bridges, veneers and implant crowns.

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