The future of dental care indicates dental care will become more fully associated with overall health care. When tying dental care to overall health care, a finite positive uptrend in the industry can be tracked.
The recent links addressed by the Centers for Disease Control and Prevention (CDC) researchers between periodontal disease and diabetes creates that all important link between dental/gum care and overall health care. For diseases such as cardiovascular disease and other serious health problems, more research is underway to determine whether the associations are causal or coincidental.
Healthcare Spending for Imaging
The projections of the US Center for Medicare and Medicaid Services (CMS), indicate health care spending will be growing at the rate of approximately 7% every year till 2014. In addition, health care spending as a percentage of GDP is expected to continue to increase during the period, and should account for 18.4% of the US GDP in 2014, up 15.3% in 2003.
Owing to the rise in the aging population in the US, the health care market has been on an upturn. The bulk of health care spending growth is incurred by the federal government’s two largest health care programs, Medicare and Medicaid. Their combined costs are projected to more than double, to a combined total of $1.2 trillion in 2015 from $473 billion in 2004. Positive trends in the US health care sector would help Lantis Laser market its products effectively and fuel its revenue growth.
Growing digitization is increasing demand for medical imaging equipment. The US market for medical imaging equipment is estimated to grow by 7.6% year on year through 2008. The company’s medical imaging products include electronic systems and subsystems for medical imaging equipment and patient monitoring equipment. The growing trend towards digitization will provide Lantis with opportunities necessary to deliver its OCT Laser to dentists in the US.
Lantis, under its exclusive rights from its Licensors, is currently in Phase 2 development and expects this ground-breaking technology to play a major part in the dental office of the future.
Lantis Laser is part of the progress in not just dentistry but general health as well!
Source: Lantis Laser Inc., Center for Disease Control, US Center for Medicare and Medicaid Services
Contact: Lantis Laser Inc.
Stan Baron,President and CEO
11 Stonebridge Court
Denville, NJ 07834
Tel: (203) 300-7622
Forward-Looking Statements: Certain statements in this press release, including statements regarding the anticipated development and expansion of Lantis’ business, and the intent, belief or current expectations of Lantis, its directors or its officers, are forward-looking statements. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statement
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