Dental Practice Management Software Market Size was valued at USD 2.31 Billion in 2023. The Global Dental Practice Management Software industry is projected to grow from USD 2.68 Billion in 2024 to USD 5.91 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.70% during the forecast period (2024 - 2032).
The growing geriatric population in several countries, increasing number of dental practices, and increasing number of dental visits are driving the market growth.
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
The ageing of the population has been a major market-driving element for the dental practice management software market. More than 500 million people, or 8.0% of the world's population, were 65 years of age or older in 2010, according to the National Institute on Aging. This number is expected to increase exponentially and multiply three times by 2050, when it will reach about 1.5 billion people, or 16.0% of the world's population.
Furthermore, the growth of the dental practice management software market in the future years be aided by the directly proportional relationship between the ageing population and the growing demand for dental healthcare services. Moreover, the growing awareness and an emphasis on oral health in both established and developing nations will boost market demand even more.
The dental practice management software market segmentation, based on deployment mode, includes on-premise, web-based, and cloud-based. The web-based segment is to hold the majority share in 2022 in the dental practice management software market revenue. This is due to its low cost, increased security, quick updates, and unrestricted storage space. In addition, the segment's growth is anticipated to be aided by the increasing use of DPM software in dental offices for billing, reporting, patient charting, scheduling, and treatment planning.
May 2021 Henry Schein, Inc. (US) launched the axiUm Dental Software which will integrate Dental and Medical Patient Records. The new consistency of car module improves electronic health record interoperability and information exchange across dentistry and medicine.
Figure 2 DENTAL PRACTICE MANAGEMENT SOFTWARE MARKET, BY DEPLOYMENT MODE, 2022 & 2032 (USD BILLION)
Source Secondary Research, Primary Research, MRFR Database, and Analyst Review
The dental practice management software market segmentation, based on application, includes patient communication software, invoice/billing software, payment processing software, insurance management, and others. The patient communication segment is to hold the majority share in 2022 in the dental practice management software market revenue. This is due to the increasing acceptance due to enhanced features, such as family reminders, text messaging for reminders, and patient satisfaction.
The dental practice management software market segmentation is based on end-user that includes dental clinics, hospitals, and others. The dental clinics segment has dominated the market in 2022 and is projected to be the fastest growing segment during the forecast period, 2024-2032. This is due to the rise in the number of oral care clinics adopting dental practice management software across the globe.
October 2020 Carestream Dental LLC (US) introduced the Smile Creator function in Carestream Dental CS Imaging and Scan flow Software which allows dental practitioners to customize a patient’s smile.
By Region, the study segments the market into North America, Europe, Asia-Pacific, and the Rest of the World. The North America dental practice management software market accounted for the largest share in 2022. This is attributed to the increasing geriatric population and several governmental and non-governmental organizations that have come forward to create awareness and financially support oral healthcare practices and treatments in the region. For instance, several states in the US are providing over 22 preventive screening procedures covered under medical insurances and low-income adults for emergency dental healthcare procedures. Moreover, large investment in start-up businesses is expected to drive the market in the region.
Further, the major countries studied are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3 DENTAL PRACTICE MANAGEMENT SOFTWARE MARKET SHARE BY REGION, 2022 & 2032 (USD BILLION)
Source Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe dental practice management software market is expected to account for the second-largest market share due to the rapid technological advancements and increasing spending capacity of the people in the region. Further, Germany dental practice management software market held the largest market share, and the UK dental practice management software market was the fastest-growing market in the European region. Furthermore, France dental practice management software market will hold the 3rd place for the market share.
The Asia-Pacific dental practice management software market is expected to grow at a steady pace from 2024 to 2032. This is due to the growing investments by healthcare IT companies in the region and improving economic conditions as well as healthcare structure in the Asia-Pacific region. Moreover, India dental practice management software market is expected to hold the largest market share, and China dental practice management software market is expected fastest-growing market in the Asia-Pacific region.
Furthermore, India is considered as one of the countries with the highest growth rates in the dental software sector. Due to a rising geriatric population, increasing spending on oral care, and rapid adoption of the latest technologies will fuel the growth for the dental practice management software market.
The Rest of the World includes the Middle East, Africa, and Latin America. This segment is projected to hold the least share in the dental practice management software market. In this region, the Middle East is anticipated to dominate the market owing to the rising geriatric population, increasing interest and awareness of oral health in the region. Furthermore, rising oral care expenditure, and an increasing number of supportive government policies, encourage market growth.
Dental Practice Management Software Key Market Players & Competitive Insights
The dental practice management software market is characterized by the presence of many, regional, and local vendors catering to the demand created by research scientists and pharmaceutical and biotechnology companies operating in the industry. The market comprises tier-1, tier-2, and local players. The tier-1 and tier-2 players have reached across the globe with diverse product portfolios. Companies such as Henry Schein, Inc. (US), Carestream Dental, LLC (US), DentiMax (US), and Nextgen Healthcare, Inc. (US) the dental practice management software market due to product differentiation, financial stability, strategic developments, and diversified regional presence. The players are focused on investing in research and development. Furthermore, they adopt strategic growth initiatives, such as expansion, product launches, joint ventures, and partnerships, to strengthen their market position and capture a large customer base.
One of the primary business strategies adopted by manufacturers in the dental practice management software industry to benefit clients and expand the dental practice management software market sector is to manufacture locally to reduce operating costs.
Henry Schein, Inc. (Henry Schein) is a solutions company for health care professionals powered by a network of people and technology. The Company provides its services to dental practitioners and laboratories, and physician practices, as well as government and institutional healthcare clinics. With approximately 19,000 team members worldwide, the company's network of trusted advisors provides more than 1 million customers ly with more than 300 valued solutions that improve operational success and clinical outcomes. Henry Schein is headquartered in Melville, N.Y., and has operations or affiliates in 31 countries. For instance, in December 2018, Planet DDS Acquires QSIDental (US). This acquisition, including QSIDental Web, reinforces the company’s commitment to cloud-based solutions as a way for dental practices to navigate and uncover new opportunities through unprecedented times in the industry.
Also, Carestream Dental LLC is a manufacturer of digital dental systems. The Company offers imaging systems and practice management solutions for dental and oral health professionals. The company's dental restoration offerings include computer-aided design (CAD) for orthodontics, practice management software and other related products, thereby meeting clients' dental practice needs. It operates across the world.
Key Companies in the Dental Practice Management Software Market include
Dental Practice Management Software Industry Developments
August 2022 Planet DDS Launched Powerful New Capability in Denticon to Support Patient Engagement. One of the only practice management software to offer this capability, Denticon gives dental practices an easy way to stay in touch with patients returning for more regular visits following the pandemic.
April 2018 Patterson Companies, Inc. (US) launched a New Cloud Practice Management Solution – Fuse is now available for customer licensing. Fuse is designed to centralize all scheduling, patient information and practice data accessible anywhere and in real time.
July 2019 Henry Schein, Inc. (US) enters the Italian Dental Practice Management Software Market with Acquisition of Elite Computer Italia. a full-service software company that delivers state-of-the-art practice management solutions to dental practices and dental laboratories in Italy.
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