Home > Healthcare > Healthcare IT > Payer/Provider Solutions > Dental Practice Management Software Market
Dental Practice Management Software Market size was valued at more than USD 1.5 billion in 2022 and is anticipated to exhibit over 13% CAGR between 2023 to 2032. Greater awareness of oral health to boost market expansion.
The rapid rise in the geriatric population across the world has increased the prevalence of dental disorders. The non-modifiable factor of aging has surged the demand for dental products and services. Progressing age increases the risk of various oral problems such as gum diseases, root decay, tooth loss, etc. Elderly individuals receiving effective dental care will develop fewer chronic conditions and incur lower healthcare expenditures. With the surging elderly population and high prevalence of tooth disorders, the demand for dental practice management software is expected to witness a considerable rise over the coming years.
Report Attribute | Details |
---|---|
Base Year: | 2022 |
Dental Practice Management Software Market Size in 2022: | USD 1.5 billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 13% |
2032 Value Projection: | USD 6 billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 179 |
Tables, Charts & Figures: | 198 |
Segments covered: | Component, Delivery Mode and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
It is anticipated that a lack of skilled IT professionals may hamper the dental practice management software market progress. The significant technological growth contributes to the rising demand for IT professionals to deploy, develop, manage, and support applications. According to a report from the European University Institute, Spain might lose around 30% of its young IT workers due to the population’s demographic decline. Due to this shortage, organizations are becoming understaffed and experiencing reduced rates of revenue, which may impact industry development to some extent.
Dental practice management software market value from the scheduling component segment is expected to be worth over USD 1 billion by 2032. Dental management software is used extensively for scheduling appointments and check-ups efficiently. Scheduling appointments using dental practice management software delivers greater convenience to clients and dental clinics alike, enabling them to book appointments at any time. The ability to offer great convenience to patients is increasing the demand for scheduling software from dentists, augmenting market outlook.
The Dental practice management software market from the on-premise delivery mode is projected to register more than 9.5% CAGR between 2023 to 2032. Many companies are developing on-premise dental practice software solutions with advanced features suited for various applications in dental practice. Citing an instance, Patterson Dental offers an on-premise dental management system Eaglesoft software that is ideal for dental practices of all scales. It enables patient scheduling, billing, accounting, paperless charting, digital image manipulation, and insurance claim tracking. The versatility of this dental practice management software will increase its adoption across organizations.
Asia Pacific dental practice management software market statistics is anticipated to be valued at more than USD 1 billion by 2032. The growing elderly population in countries such as China has increased the dental disease burden of the region. Furthermore, increased privatization and technological advancements in dental practices have fostered the deployment of dental management software solutions across various healthcare organizations. Thus, increased patient volume in dental clinics will augment the business landscape.
Some of the major companies operating in the dental practice management software market include
Many companies are forming strategic acquisitions to expand their business operations and consumer base, in order to establish a strong presence in the global market.
The emergence of the COVID-19 pandemic severely impacted public health, leading to a rise in the number of hospitalizations. The outbreak increased the disease burden and restrained the development of many global businesses in sectors including the healthcare industry during the initial phase of the pandemic in 2020. The subsequent quarantine orders and travel restrictions have resulted in significant disruptions in access to a broad range of healthcare services, including dental.
According to the American Dental Association (ADA) Health Policy Institute, around 97% of responding dentists reported that their clinics were visited only by emergency patients. The dentists also reported around 50 percent lower patient volumes, which negatively impacted the market value. However, the incorporation of telemedicine and advancements in technology have enhanced compliance with the diagnosis and treatment of target diseases, increasing the acceptance of dental practice management software.
The dental practice management software market report include an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032, for the following segments: Click here to Buy Section of this Report
By Component
Market Size, By Delivery Mode
The above information is provided for the following regions and countries: