The latest Dental Practice Management Software Market research report offers a thorough analysis of growth opportunities and development trends until 2030. Using qualitative and quantitative research, it explores market drivers and challenges, providing valuable insights for businesses to make informed decisions and identify growth areas.
Global Dental Practice Management Software Market is valued approximately USD 2.09 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 10.25% over the forecast period 2022-2029.
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Dental laboratories, dental academic and research institutions, dental practitioners, and forensic laboratories all use dental software as a type of computer technology to prevent, treat, diagnose, study, and analyse oral health issues. The major driving factor for the market are rising geriatric population and rising awareness of oral health. Moreover, growing technological advancement for Global Dental Practice Management Software Market is creating lucrative growth opportunity in the market.
The number of elderly people has increased as a result of longer life expectancies, and this trend is probably going to continue. According to a United Nations report, there were approximately 962 million elderly people worldwide in 2017 and that number is expected to rise to 2.1 billion by the year 2050. 16% of the world’s population would be over 65 by 2050, according to the World Population Prospects 2019 report. There is now a strong need for DPM solutions as a result of the increased per capita demand for oral care services. According to the American Dental Association (ADA), dry mouth, which can be a side effect of medications for asthma and high blood pressure, Parkinson’s, high BP & cholesterol, anxiety, pain, and Alzheimer’s disease causes older adults to enter the second phase of their cavity-prone years. However, the high cost of Dental Practice Management Software stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Dental Practice Management Software Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2021, North America held the top spot in the global market. One of the main drivers of the market expansion in the United States is the strategic presence of large companies like Henry Schein One & Curve Dental as well as the rapid uptake of oral care services by baby boomers. Additionally, growing startup funding is probably going to support market expansion. For instance, in April 2021, Delta Dental of California, SteadView Capital, F-Prime Capital, Accel Partners, and Eight Roads all contributed to CareStack’s USD 22.5 million fundraising round.
The same investors provided the company with USD 28 million in investment in 2019. Due to the accelerated pace of technological improvement and the growing purchasing power of the populace, Europe is likewise anticipated to experience significant growth. In the 24 months ending June 30, 2020, 21 million people and 6.3 million children visited an NHS dentist, according to NHS Dental Statistics for England. Furthermore, it is anticipated that financing from the NHS for primary care dentistry would create considerable development prospects in the United Kingdom. The NHS provided USD 2,359.6 million in funding for general dentistry in 2018-19.
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Major market players included in this report are:
Henry Schein, Inc.
Carestream Dental, LLC
DentiMax
Practice-Web, Inc.
Nextgen Healthcare, Inc.
ACE Dental Software
Datacon Dental Systems, Inc.
CareStack (Good Methods Global Inc.)
CD Nevco, LLC (Curve Dental)
Dentiflow
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Deployment offerings of key players.
The detailed segments and sub-segment of the market are explained below.
By Deployment:
On-premise
Web-based
Cloud-based
By Application:
Patient Communication
Invoice/Billing
Payment Processing
Insurance Management
Others
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By End-use:
Dental Clinics
Hospitals
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Some Questions Answered in the Global Dental Practice Management Software Market Report:
- What is the projected size of the global Dental Practice Management Software market in 2030, and what growth rate is expected?
- What are the primary drivers of growth in the global Dental Practice Management Software industry?
- What are the major market trends that are affecting the expansion of the Dental Practice Management Software market?
- What obstacles must be overcome in order to achieve sustained growth in the Dental Practice Management Software market?
- What opportunities and threats do vendors in the global Dental Practice Management Software market face?
- What are the raw materials and manufacturing equipment used in the production of Dental Practice Management Software Market, and what is the manufacturing process?
- What are the different types and applications of Dental Practice Management Software Market, and what is the market share of each type and application?
- What factors, such as trends, challenges, and risk factors, are currently shaping the growth of the Dental Practice Management Software market?
- What factors are driving the growth of the Dental Practice Management Software market in the top regions worldwide?
- Who are the major players in the global Dental Practice Management Software market, and what strategies are they employing to succeed?
- What industrial trends, drivers, and challenges are influencing the expansion of the Dental Practice Management Software market?
- What are the main findings of a five forces analysis of the global Dental Practice Management Software market?
Here are the key highlights of the report:
- Comprehensive assessments of the market share for Invisible Braces, conducted at both country and regional levels.
- In-depth analysis of the competitive landscape, identifying key trends within the industry.
- Thorough examination of market trends, encompassing product and technology advancements, drivers and barriers, and an analysis based on PORTER’s five forces.
- Strategic recommendations tailored for crucial business segments, leveraging market forecasts.
- Guidance provided for new market entrants, assisting them in navigating the industry landscape.
- Market forecasts encompassing all pertinent segments, sub-segments, and regional markets.
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