The dental practice management software global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Dental Practice Management Software Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The dental practice management software market size has grown rapidly in recent years. It will grow from $1.47 billion in 2023 to $1.62 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increasing demand for efficient practice management, growing prevalence of dental diseases, regulatory compliance requirements, rising awareness about dental care, integration of billing and payment solutions.
The dental practice management software market size is expected to see strong growth in the next few years. It will grow to $2.27 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to cloud-based software solutions, tele-dentistry services, interoperability with other healthcare systems, personalized patient engagement tools, demand for data analytics and business intelligence. Major trends in the forecast period include shift towards subscription-based models, emergence of virtual consultation platforms, integration of virtual reality in dental software, rise of predictive analytics for treatment planning, growth of dental software-as-a-service (SaaS) offerings.
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Scope Of Dental Practice Management Software Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Dental Practice Management Software Market Overview
Market Drivers –
The increasing number of patients with oral diseases is expected to propel the growth of the dental practice management software market going forward. Oral diseases encompass a range of conditions affecting the mouth, teeth, gums, and related structures, leading to discomfort, impairment of oral function, and potential systemic health complications. Limited access to dental services due to financial constraints, lack of insurance coverage, or geographic barriers can intensify the impact of poor oral health habits such as teeth grinding, nail-biting, and using teeth as tools, leading to an increased likelihood of oral health problems. Dental practice management software improves patient care, streamlining workflows and enhancing efficiency, which helps dental practices manage the increasing numbers of patients with oral diseases. For instance, in February 2023, according to a report published by the American Society of Clinical Oncology (ASCO), a US-based professional organization for oncology professionals and physicians, an estimated 54,540 adults in the United States, comprising 39,290 men and 15,250 women, are projected to be diagnosed with oral or oropharyngeal cancer in 2023. Further, approximately 476,125 individuals were diagnosed with oropharyngeal cancer in 2020. Therefore, the increasing number of patients with oral diseases is driving the growth of the dental practice management software market.
Market Trends –
Major companies operating in the dental practice management software market are increasing their focus on developing advanced solutions, such as treatment plan software, to gain a competitive edge in the market. These digital tools assist healthcare professionals in creating and managing comprehensive plans outlining medical or dental interventions tailored to individual patients’ needs. For instance, in April 2023, Adit, a US-based dental software company, launched the revolutionary dental treatment plan software. This platform leverages artificial intelligence (AI) and machine learning to improve remote monitoring and provide timely, relevant patient data. The platform offers fully customizable treatment plans with integrated features such as seamless practice management and patient communication, enhancing efficiency and reducing administrative burden. Its automation capabilities streamline planning processes and promote patient engagement, making it a significant asset in the dental practice management software market.
The dental practice management software market covered in this report is segmented –
1) By Type: PurePlay Dental Practice Management Software (PMS), Dental Practice Management Software (PMS) Add-ons
2) By Delivery Mode: Cloud-Based Delivery Mode, Hybrid Delivery Mode, On-Premise Delivery Mode
3) By Application: Patient Communication, Invoice And Billing, Payment Processing, Insurance Management, Appointment Scheduling, Other Applications
4) By End User: Dental Clinics, Hospitals, Other End Users
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Regional Insights –
North America was the largest region in the dental practice management software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dental practice management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the dental practice management software market are Henry Schein Inc., Patterson Companies Inc., Epic Systems Corporation, Thryv Holdings Inc., Allscripts Healthcare LLC, Quality Systems Inc., Carestream Dental LLC, NextGen Healthcare Inc., MacPractice, SOLUTIONREACH, Planet DDS, Nexhealth Inc., Good Methods Global Inc., YAPI INC., ABELDent Inc., Dovetail Dental Software, CD Nevco LLC, RECALLMAX, Open Dental Software, Practice-Web Inc., Adroit Infosystem Inc., Datacon Dental Systems Inc., ACE Dental Software, DentiMax LLC, tab32, VideaHealth, AVENGERSOFT, DentAdmin, MOGO Inc.
Table of Contents
1. Executive Summary
2. Dental Practice Management Software Market Characteristics
3. Dental Practice Management Software Market Trends And Strategies
4. Dental Practice Management Software Market – Macro Economic Scenario
5. Global Dental Practice Management Software Market Size and Growth
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32. Global Dental Practice Management Software Market Competitive Benchmarking
33. Global Dental Practice Management Software Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Dental Practice Management Software Market
35. Dental Practice Management Software Market Future Outlook and Potential Analysis
36. Appendix
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