Dr. B Dental Solutions
- Industry
- Oral Care Products
- Founded Year
- 2015
- Headquarters
- Miami, Florida
- Employee Count
- 11
Key People
-
Dr. Lorin Berland - Founder and CEO
Email: drb@drbdentalsolutions.com
-
Jean-Paul Berland - President and Co-Founder
Email: info@drbdentalsolutions.com
Assessment
- Team
-
Aspect: 1 successful MedTech entrepreneur
Summary: Led by Dr. Lorin Berland, an experienced cosmetic dentist, and Jean-Paul Berland, the team combines clinical expertise with business acumen.
Dr. Lorin Berland brings over 50 years of dental experience, while Jean-Paul Berland contributes business leadership, creating a strong foundation for the company's success.
- Clinical Need
-
Aspect: Very Strong
Summary: Addresses common issues faced by denture wearers, such as dry mouth and infections, with innovative products.
With over 42 million denture wearers in the U.S., the company's products provide essential solutions to prevalent problems, indicating a strong market demand.
- Competition
-
Aspect: Somewhat crowded
Summary: Competes in a market with established brands but differentiates through unique, ADA-accepted products.
The denture care market is valued at over $3.6 billion with few major players, allowing room for innovative products like those offered by Dr. B Dental Solutions.
- Technical Challenge
-
Aspect: Predictable
Summary: Product development involves standard formulation and manufacturing processes with minimal technical risks.
The company's products are based on established dental care formulations, ensuring a predictable development and manufacturing process.
- Patent
-
Aspect: Applied
Summary: The company has applied for patents to protect its unique formulations and products.
Securing patents for their products would strengthen the company's market position by protecting their unique formulations from competitors.
- Financing
-
Aspect: Well-funded
Summary: Secured over $5 million in seed funding led by HALL Group and dental professionals.
The significant seed funding enables the company to enhance production capabilities, expand distribution channels, and invest in marketing efforts to capture a larger market share.
- Regulatory
-
Aspect: 510k/PMA
Summary: Products have received multiple ADA Seals of Acceptance, indicating compliance with industry standards.
The ADA Seals of Acceptance signify that the products meet rigorous safety and efficacy standards, facilitating trust among consumers and dental professionals.
Opportunity Rollup
- Odds of Success
- 4.1
- Peak Market Share
- 5.8
- Segment CAGR
- 5.0%
- Market Segment
- Dental Devices
- Market Sub Segment
- Denture Care Products
Year Post Launch | Market Penetration (%) |
---|---|
1 | 0.29 |
2 | 0.87 |
3 | 2.03 |
4 | 4.06 |
5 | 5.80 |
Key Takeaway
Dr. B Dental Solutions is well-positioned in the growing denture care market, leveraging innovative products and strategic partnerships to address significant unmet needs among denture wearers.