Report Ocean introduces a fresh report examining the Dental Practice Management Software Market, encompassing its size, share, growth, industry trends, and forecast up to 2032. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
Obtain a comprehensive report on the Dental Practice Management Software Market, which includes a full table of contents, over 200 tables and figures, and charts. The report provides precise information on the market before and after the COVID-19 outbreak, segmented by region.
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. 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.
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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.
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
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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Comprehensive Market Insights: Delve into the depths of the Dental Practice Management Software Market Report to gain an all-encompassing and meticulous analysis of the market landscape. Uncover details such as market size, share, trends, and growth catalysts, which provide invaluable perspectives on both the present market scenario and its promising future prospects.
Reliable Projections: Rely on the report’s dependable forecasts and projections, which are underpinned by rigorous research methodologies, insights into industry expenditures, and assessments of market expansion rates. These foresights empower businesses to make well-informed decisions and chart out effective strategies for the times ahead.
In-depth Competition Analysis: Equip yourself with an extensive evaluation of key market players, their array of products, and the strategies they employ. This comprehensive understanding arms businesses with the knowledge needed to not only comprehend their rivals but also to craft strategies that position them ahead in the dynamic market arena.
Clear Market Scope and Segmentation: Gain clarity on the broad expanse of the market through the report’s clear delineation of market scope. With detailed insights into diverse market segments and their growth potential, businesses can discern and capitalize on opportunities that align with their objectives.
Insightful Regional Examination: Assess the market’s performance across different regions, enabling enterprises to pinpoint lucrative markets and tailor their approaches accordingly. With region-specific insights, businesses can adapt strategies that resonate with the unique dynamics of each area.
Evaluation of Industry Technology: Grasp the pulse of technological progress within the Dental Practice Management Software market. The report dissects cutting-edge advancements and trends, providing businesses with a window into emerging technologies that have the potential to reshape the industry.
Dynamics of Supply and Demand: Acquire a profound comprehension of supply-demand dynamics. This understanding empowers businesses to optimize production, distribution, and inventory management processes, resulting in enhanced operational efficiency.
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Unveiling Long-Term Growth Avenues: Through the scrutiny of trends and growth stimulants, the report illuminates the enduring opportunities the Dental Practice Management Software market holds. By identifying these sustainable growth prospects, businesses are poised to set a course for lasting success.
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