The global dental practice management software market has crossed USD 888 million and is anticipated to exhibit a CAGR of 6.8% in the forecast period. Rise in aging population coupled with demand for oral healthcare services is likely to gain a significant market in the forecast period. The other factors such as rise in digitization and healthcare budgets is likely to contribute to the market growth in the forthcoming period. Subsequently, dental practice management software streamlines the work processes of dental practices to enhance efficiency and patient care.
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Key Players:
The key players in the dental
practice management software market include Patterson Companies, Inc.; Henry
Schein, Inc.; Carestream Dental; NextGen Healthcare Information Systems, LLC;
DentiMax, LLC; and Practice Web, Inc.
Growth Drivers:
Medical care services are now
adopting online services in order to create optimized benefits for stakeholders
and investors and out of this objective, the dental practice management
software resolves all the data related problems arising out of dental
diagnosis. On the other hand, the traditional methods such as manual form
filling and filing enable the customers to fill their registration form in
detail for further filing. Once this filing is done, it becomes hard to
retrieve information and common errors such as misplaced files or wrong entries
occur.
Under dental clinical software
management, the process gets faster and efficient over conventional ways.
Hence, with the rise in dental clinic management system with Notification
enables the clinic staff to maintain high volumes of records in a computerized
and systematic manner. From the commercial perspective, the dental practice
management software market share witness’s developments in patient examination
form and analysis for causes of tooth disease and ailment.
Prevalence of periodontal
diseases and rising demand for dental implants and rising pool of patient
information for storage and retrieval of clinical information to handle massive
amount of data are expected to contribute to the market growth in the forecast
period. Rise in use of electronic health records and upgradation in
technological infrastructure is expected to propel the market growth in the
near future. However, death of technical competency and significant costs
pertaining installation and upgrade of software version is likely to create
market hindrance in the near future.
Dental practice management
software market is segmented based on mode and geography. “Mode” category is
segmented into on-premise, cloud-based, and web-based. Cloud-based segment is
likely to gain a significant market share in the near future due to unlimited
deployment, rising competition, and commercialization of updated version of
software. Geographical segmentation for dental practice management software
market includes North America, South America, Europe, Asia-Pacific, Middle East
and Africa.
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