The Dental Practice Management by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Dental Practice Management , The dental practice management market size has grown rapidly in recent years. It will grow from $1.74 billion in 2023 to $1.94 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to integration with accounting systems, interoperability with diagnostic devices, patient portal development, mobile accessibility, customization for specialty practices, enhanced data security measures..
The dental practice management market size is expected to see rapid growth in the next few years. It will grow to $2.91 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to digital transformation in healthcare, increased adoption of cloud-based solutions, focus on patient-centric care, cybersecurity and data privacy measures, mobile accessibility and remote work support.. Major trends in the forecast period include patient retention and loyalty programs, customization and scalability, educational and training tools, appointment optimization and resource management, patient portal development..
Growing oral diseases are significantly driving the growth of the dental practice management market. Oral diseases are health conditions that affect the mouth, teeth, gums, tongue, and other structures, leading to issues such as cavities, gum disease, and oral infections. The rise in oral diseases leads to surge in demand for dental services and necessitates more efficient and technologically advanced practice management solutions to streamline operations, improve patient care, and enhance the overall dental practice experience. For instance, in 2022, according to the World Health Organization, a specialized agency of the United Nations responsible for international public health, oral disorders impact 3.5 billion people worldwide, or about half of the world’s population. Three out of every four affected individuals reside in low- and middle-income nations. Therefore, increasing oral diseases are expected to boost demand for dental practice management market.
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The dental practice management market covered in this report is segmented –
1) By Deployment Mode: Web based, Cloud based, On Premise
2) By Application: Patient Communication Software, Invoice/Billing Software, Payment Processing Software, Insurance Management, Other Applications
3) By End User: Dental Clinics, Hospitals, Other End Users
Major companies are strategically entering partnerships and collaborations with start-ups and mid-sized companies in the dental practice management market to broaden the products and services offered by the company. Strategic collaborations and partnership agreements help companies expand their existing product portfolio and geographical reach. For instance, in June 2021, Curve Dental, a US-based provider of cloud-based dental management software, announced a collaboration with LocalMed, a US-based dental intelligence company, to obtain access to Dental Intelligence’s online scheduling system. This agreement aims to make it easier for clinics to include the company’s practice management software, which enables patients to schedule virtual appointments.
The dental practice management market report table of contents includes:
- Executive Summary
- Dental Practice Management Market Characteristics
- Dental Practice Management Market Trends And Strategies
- Dental Practice Management Market – Macro Economic Scenario
- Global Dental Practice Management Market Size and Growth
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- Global Dental Practice Management Market Competitive Benchmarking
- Global Dental Practice Management Market Competitive Dashboard
- Key Mergers And Acquisitions In The Dental Practice Management Market
- Dental Practice Management Market Future Outlook and Potential Analysis
- Appendix
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