Global Dental Practice Management Software Market Share Is Expected To Grow At A CAGR Of 10.25% By 2026

28-Feb-2020 | Facts and Factors

Findings from Facts and Factors report “Dental Practice Management Software Market by Component (Scheduling, Patient Communication, Invoice/Billing, Payment Processing, Insurance Management, Dental Charting), By Deployment (On-premise, Web-based, Cloud-based): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Dental Practice Management Software Market in 2019 was approximately USD 1773.98 Million. The market is expected to grow at a CAGR of 10.25% and is anticipated to reach around USD 3510.86 by 2026.

Dental Practice Management Software Market

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For dental technology, the term dental software is used. As of the 1960s, machines have been in dental medicine. Their profession, dentist uses dental tools to maintain patient records and to arrange patient records. Patient management software is used to store, register, preserve, and access patient information, and to generate health notes.

Dental devices were first used as an alternative to physical dental archives to capture dental information. Eventually, the phrase "computer-based dental data" was substituted by the "electronic patient record" (EPR) language, as the latter defines the process and sense in which the medical report is better handled. Cloud-based management software for registering dental patients was developed. Alternatively, cloud-based documents store medical details on the machine in the dental office on a central web server.

Browse the full “Dental Practice Management Software Market by Component (Scheduling, Patient Communication, Invoice/Billing, Payment Processing, Insurance Management, Dental Charting), By Deployment (On-premise, Web-based, Cloud-based): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/dental-practice-management-software-market-by-component-scheduling

The increasing geriatric population around the globe will serve as a high-impact rendering engine for software market growth in dental practice management. According to estimates from World Population Prospects, by 2050 the 60-year-old patient population is expected to more than double.

The rise in the number of aged dental-problem patients would result in business expansion. In the future, growing awareness and emphasis on oral health should increase demand for dental practice management solutions across developed economies. Various campaigns and awareness-raising activities implemented by several groups have helped create a high level of awareness to fulfill the ever-increasing need for professional dental care.

Eventually, the risk of oral damage leads to increased spending on health care. As a result, the increasing need for cost containment measures to curb rising healthcare costs will accelerate dentists ' adoption of dental practice management solutions in the coming years. Growing technological advances along with rising acceptance over the timeline projected will fuel industry growth in developed regions. Rapid dental advances will boost the market for equipment, including the move from stand-alone practice management technologies to combined EHR / practice management systems and specialized software.

Segmental Overview:

The market for Dental Practice Management Software is divided into deployment, component, and region. The component segment is classified into scheduling, invoice/billing, payment processing, dental charting, patient communication, and insurance management. The deployment segment is divided into on-premise, web-based, and cloud-based sectors.

The cloud-based sector is leading the industry by deployment in 2019, as it provides some of the capabilities at a lower cost than other software. Nonetheless, the cloud-based segment exceeds on-premise sectors over the forecast period, due to the additional benefits it offers.

Regional Overview:

Geographically the market is segmented into the regions that comprise the current and forecast demand for the Asia Pacific, North America, Latin America, Europe, and Middle East & Africa with its further split into major countries.

Due to favorable government initiatives, the local presence of key players, the increasing geriatric population, and high spending on oral health care, North America led the global market in 2019; the Asia Pacific is the fastest-growing regional market due to increased investments by industry players and increased awareness of oral health care among citizens.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 1773.98 Million

Projected Market Size in 2026

USD 3510.86 Million

CAGR Growth Rate

10.25% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

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

Key Segment

By Component, Deployment, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

Purchase Options

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Competitive Landscape:

Some of the players included in the Dental Practice Management Software market are Practice Web, Inc., Patterson Companies, Inc., NextGen Healthcare Information Systems, LLC, Henry Schein, Inc., DentiMax, LLC, and Carestream Dental amongst others.

This report segments the Dental Practice Management Software market as follows:

Global Dental Practice Management Software Market: By Component

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

Global Dental Practice Management Software MarketBy Deployment 

  • On-premise
  • Cloud-based

Global Dental Practice Management Software MarketBy Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-East Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • The Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle-East Africa

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