Dental Practice Management Software Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

According to the report published by Facts & Factors, the global Dental Practice Management Software market size was worth around USD 1773.98 million in 2019 and is predicted to grow to around USD 3510.86 million by 2026 with a compound annual growth rate (CAGR) of roughly 10.25% between 2020 and 2026. The report analyzes the global Dental Practice Management Software market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Dental Practice Management Software market.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Dental Practice Management Software market. The report analyzes and declares the historical and current trends analysis of the Dental Practice Management Software industry and subsequently recommends the projected trends anticipated to be observed in the Dental Practice Management Software market during the upcoming years.

The dental practice management software market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire dental Practice Management Software market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered forty 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• Our primary respondents believed the market to witness steady growth of 10.25% over the forecast period on account of the Increasing geriatric population around the globe will serve as a high-impact rendering engine for software market growth in dental practice management
• Some of the experts predict the cloud-based segment to maintain its dominance throughout 2026 due to the capabilities it offers even at lower rates and other additional benefits it offers.
• Asia Pacific is likely to grow at the fastest CAGR in the near future. The market in Latin America is expected to expand at a considerable car owing to the increasing investment of major players in the region.
• Regionally, the Asia-Pacific region is expected to boost the dental patient management software market and is estimated to be the is fastest-growing regional market due to increased investments by industry players and increased awareness of oral health care among citizens.
• The market experts suggest investing in R&D activities to come up with newer, cheaper, and more efficient dental patient management software. They believe that these advanced systems will witness widespread acceptance across the value chain and even in the aftermarket.

Key Recommendations from Analysts

• Our analysts recommend focusing on the Asia-Pacific dental patient management software market since their calculations revealed that this region turned out to be the top investment pocket across the globe.
• The major reason behind the rising growth and profitable opportunities underlying in this region.
• Increasing demand for dental patient management software in Europe is likely to spur market growth in the near future.  This is majorly attributed to the modernization of the older software, and rising renovation activities in the developing countries of the region.
• The executive summary of the report reads the total incremental opportunity underlying the global dental patient management software market is nearly USD 1555.65 million between 2020 and 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Dental Practice Management Software industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Dental Practice Management Software industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Dental Practice Management Software market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Dental Practice Management Software industry. The Dental Practice Management Software market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market positions in the Dental Practice Management Software sector. Key strategic developments in the Dental Practice Management Software market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Dental Practice Management Software market are appropriately highlighted in the report.

The purchasing pattern of consumers worldwide is based on evolving technology trends. The market share is largely influenced by the software sales greatly impacted by different strata of populations

Report Scope

Regional Analysis:

The Dental Practice Management Software market research report delivers an acute valuation and taxonomy of the Dental Practice Management Software industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

The regional segmentation of the Dental Practice Management Software industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Dental Practice Management Software industry is provided for the leading economies of the world.

The Dental Practice Management Software market is segmented based on deployment and component.  On the basis of deployment segmentation, the market is classified into scheduling, invoice/billing, payment processing, dental charting, patient communication, and insurance management. In terms of component segmentation, the market is bifurcated into on-premise, and cloud-based.

Some of the essential players operating in the Dental Practice Management Software market, but not restricted to include:

•  Practice Web Inc.
•  Patterson Companies Inc.
•  NextGen Healthcare Information Systems LLC
•  Henry Schein Inc.
•  DentiMax LLC.
•  Carestream Dental

The taxonomy of the Dental Practice Management Software Market by its scope and segmentation is as follows:

 By Component Segment Analysis

• Scheduling
• Patient Communication
• Invoice/Billing
• Payment Processing
• Insurance Management
• Dental Charting

 By Deployment Segment Analysis

• On-premise
• Cloud-based

 By Regional Segment Analysis

• North America
  • The U.S.
  • Rest of North America
• Europe
  • Germany
  • The U.K.
  • France
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America 
  • The Middle East and Africa