Report Scope & Overview:
The Dental Practice Management Software Market Size was expected to reach USD 7.48 billion by 2030, and is valued at USD 3.27 billion in 2022, and grow at a CAGR of 10.9% over the forecast period 2023-2030.
Dental programming is a sort of PC innovation utilized by dental labs, dental experts, dental scholars and examination foundations, and criminological labs for the counteraction, analysis, treatment, exploration, and examination of oral ailments.
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Development in maturing populace is the indispensable element heightening the market development, additionally developing dental industry, dental medical procedures acquiring force due to changing way of life and food propensities and rising dental industry are the central points among others driving the dental practice the board programming market. The rising occurrence of dental problems and patient data set will additionally set out new open doors for dental practice in the board programming market
MARKET DYNAMICS
DRIVERS
Awareness about Dental health with advanced information technology
Growth in the target market
Increase in the software sector
RESTRAINTS
The unwillingness of medical professionals to use DPM Software solutions
There would be a demand-supply mismatch
OPPORTUNITIES
Technology is part of modern medical infrastructure.
Govt sectors are becoming more involved in the public awareness campaign.
CHALLENGES
Expenses related to high-tech equipment
Dental health care services are not covered by insurance.
IMPACT OF COVID-19
COVID has had a significant impact on various commercial and residential sectors. The pharmaceutical sector, on the other hand, was impacted by the epidemic due to distribution chain and transit service interruptions. The pandemic influenced the software inflationary risk and development procedures. The work-from-home trend, cloud infrastructure, and improved communication channels are some of the growth-stimulating aspects that have helped the dental practice management software industry grow overall.
Several manufacturing industries implemented business continuity plans; however, some medical sectors lacked the software needed to implement business continuity plans during the pandemic. Such elements are predicted to compensate for falling variables such as lower personnel and movement constraints by positively impacting the overall growth of the Dental Practice Management Software business.
MARKET ESTIMATION
By Application
Patient communication, billing, payment processing, insurance management, and other segments make up the market. The segment is predicted to grow due to increased acceptance of enhanced services such as text messaging for reminders, family reminders, and patient satisfaction surveys. Customers' profiles are created for the most part using DPM software, like Dent soft, based on basic demographic information, registration numbers, national identity figures, contact details, and medical issues, among other things.
By Deployment Mode
On-premise, web-based, and cloud-based solutions make up the market. This is due to its inexpensive cost, enhanced security, rapid updates, and unlimited storage capacity.The expanded utilization of DPM programming in dental workplaces for charging, announcing, patient outlining, booking, and treatment arranging is probably going to move the market forward. The cloud-based segment, on the other hand, is expected to grow at the fastest rate. This segment is expected to grow due to new software launches, mergers, and collaborations among key players targeted at providing cloud-based solutions to their customers.
By End-Use
Dental clinics, hospitals, and other segments of the global market have been identified. In 2022, the dental clinics segment led the market, accounting for more than 47.4 percent of total earnings. During the projection period, the segment will remain dominant. The industry is growing due to an increase in the number of oral care clinics using dental practice management software around the world. The programe improves clinic efficiency by managing clinic operations such as accounting, bill, and planning. As a result, demand for DPM solutions among clinics is projected to rise.
KEY MARKET SEGMENTS:
By Deployment Mode
Cloud-based
On-premise
By Application
Patient Communication
Insurance Management
Invoice/Billing
Payment Processing
Others
By End-Use
Hospitals
Dental Clinics
Others
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REGIONAL ANALYSIS
Because of the growing aging population as well as several governmental and non-governmental organizations that have come through to raise awareness and financially support oral health care practices and treatments, North America is expected to dominate the Dental Practice Management Software market during the forecast period. Several states in the United States offer over 22 preventative screening procedures that are covered by health insurance, as well as an emergency dental health treatment for low-income persons. Over 830,000 individuals (or multiple visits) were registered for emergency dental care procedures, according to estimates.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
KEY PLAYERS:
Major key players of dental practice management software are Open Dental Software, Inc., ACE Dental Software, Patterson Companies, Inc., Carestream Dental LLC (Onex Corporation), NextGen Healthcare, Inc., Planet DDS, Inc., Curve Dental, Inc., Henry Schein, Inc, DentMax LLC, Practice Web, Inc., and Others Players.
Patterson Companies, Inc-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 3.27 Billion |
| Market Size by 2030 | US$ 7.48 Billion |
| CAGR | CAGR of 10.9% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Deployment Mode (Cloud-based, On premise) • By Application (Patient Communication, Insurance Management, Invoice/Billing, Payment Processing, Others) • By End-use (Hospitals, Dental Clinics, Hospitals, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Open Dental Software, Inc., ACE Dental Software, Patterson Companies, Inc., Carestream Dental LLC (Onex Corporation), NextGen Healthcare, Inc., Planet DDS, Inc., Curve Dental, Inc., Henry Schein, Inc, DentMax LLC, Practice Web, Inc. |
| DRIVING FACTORS | • Awareness about Dental health with advanced information technology • Growth in the target market • Increase in the software sector |
| Restraints | • The unwillingness of medical professionals to use DPM Software solutions • There would be a demand-supply mismatch |
Ans: - The Dental Practice Management Software market is expected to reach US$ 7.48 billion by 2030.
Ans:- The Dental Practice Management Software Market is to grow at a CAGR of 10.9% over the forecast period 2023-2030.
The covid impact was positive on the Dental Practice Management Software market.
The patient Communication sub-segment of my application is leading the Dental Practice Management Software market.
CACE Dental Software, Patterson Companies, Inc., Carestream Dental LLC (Onex Corporation), NextGen Healthcare, Inc., Planet DDS, Inc., h, Henry Schein, Inc, and DentMax LLC, are major key players in the Dental Practice Management Software market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Dental Practice Management Software Market Segmentation, by Deployment Mode
8.2 Cloud-based
8.3 On-premise
9. Dental Practice Management Software Market Segmentation, Application
9.1 Patient Communication
9.2 Insurance Management
9.3 Invoice/Billing
9.4 Payment Processing
9.5 Others
10. Dental Practice Management Software Market Segmentation, By End-use
10.1 Hospital
10.2 Dental Clinics
10.3 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12. Open Dental Software, Inc.
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.1 ACE Dental Software
12.2 Patterson Companies, Inc.
12.3 Carestream Dental LLC (Onex Corporation)
12.4 NextGen Healthcare, Inc.
12.5 Planet DDS, Inc.
12.6 Curve Dental, Inc.
12.7 Henry Schein, Inc
12.8 DentMax LLC
12.9 Practice Web, Inc.
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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