The report covers forecast and analysis for the Dental Practice Management Software market on a global and regional level. The study provides historic data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the Dental Practice Management Software market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Dental Practice Management Software market on a global level. In order to give the users of this report a comprehensive view on the Dental Practice Management Software market we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein component, deployment, and regional segments are benchmarked based on their market size, growth rate and general attractiveness.
For technology used in dentistry, the term dental software is used. Computers have been used since the 1960s in dental medicine. The dentist uses dental software to manage patient records and arrange patient records in their practice. Management software for patients is used to compile, monitor, archive, and retrieve patient medical information, as well as to generate patient reports. Computers in dentistry were first used as an alternative to paper dental records to record dental archives. The term "computer-based dental records" was eventually replaced by the term "electronic patient record" (EPR), since the latter better defines the process and context in which the patient record is handled. Web-based management software for dental patients records has been introduced. The web-based records instead save the patient information on the computer in the dental office in a central web server.
The study provides a decisive view on the Dental Practice Management Software market by segmenting the market based on component, deployment and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. Based on component, the market is segmented into scheduling, patient communication, invoice/billing, payment processing, insurance management, dental charting. Based on deployment, the market is segmented into on-premise, web-based, cloud-based. The web-based segment dominated the market in 2018 by deployment as it offers some of the same functionality as cloud-based software and at lower cost than other software. It also enjoys the market's first-mover advantage. Nonetheless, due to the additional benefits it offers, the cloud-based segment can exceed the web-based and on-premises segments over the coming years.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries such as US, Canada, Germany, UK, France, China, Japan, India, GCC countries, Brazil. Due to favorable government initiatives, local presence of key players, growing geriatric population, and high oral health care expenditure, North America dominated the global market in 2018, Asia Pacific is the fastest growing regional market due to increased investment by industry players and increased awareness among people about oral health care.
Growing geriatric population around the world will act as a high-impact rendering driver for software market growth for dental practice management. According to data from World Population Prospects, the 60-year-old patient base is expected to be more than double by 2050. The increase in the number of elderly patients with dental problems would result in an expansion of the industry. In the future, growing recognition and emphasis on oral health throughout developed economies will increase demand for solutions for dental practice management. Different campaigns and awareness programs implemented by several organizations have helped create a high level of awareness to meet the ever-increasing need for quality dental care. Globally, increasing the burden of dental diseases 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. Increasing technological advances along with increasing adoption in developed regions will drive growth in the industry over the timeframe forecast. Rapid dental advances, including the conversion of stand-alone practice management technology into integrated EHR / practice management systems and specialized devices, would fuel demand.
Key players within global Dental Practice Management Software market include Carestream Dental, DentiMax, LLC, Henry Schein, Inc., NextGen Healthcare Information Systems, LLC, Patterson Companies, Inc., and Practice Web, Inc. amongst others.
The report segments global Dental Practice Management Software market as follows:
Global Dental Practice Management Software Market: Component Segment Analysis
Global Dental Practice Management Software Market: Deployment Segment Analysis
Global Dental Practice Management Software Market: Regional Segment Analysis