The dental industry has suffered in this economy just as any other industry, but the question I'd like to ask is why? In the past it was one of the most lucrative fields in the market, and it seemed that dental prices were rising faster than the rate of inflation. Seriously, you could buy a car for what it costs to restore your teeth nowadays... in this new world of cosmetic procedures such as implants & veneers, even crowns are exorbitantly priced. However, in the last year or two with the recession/depression/economic downturn (call it what you will) it seems that all of a sudden, the price of dentistry is negotiable! Dentist's are lowering their prices; some even offering a 50% cut in everyday routine procedures. In this time when everyone is struggling to stay afloat, it just seems to me that if they can do this now, why couldn't they have offered lower prices all along? GREED? You can apply this to every product or service based industry and the question is the same. Could this GREED factor have put us where we are today? I would say absolutely.
Your feedback is welcome!