Teledentistry Market Hits US$ 2,614.50 million by 2027 COVID-19 Impact and Global Analysis By Virtudent, HealthTap, e-DENTECH, Denteractive Solutions

Teledentistry Market Hits US$ 2,614.50 million by 2027 COVID-19 Impact and Global Analysis By Virtudent, HealthTap, e-DENTECH, Denteractive Solutions

“Teledentistry Market”
The teledentistry market was valued at US$ 667.13 million in 2019 and it is projected to reach US$ 2,614.50 million by 2027; it is expected to grow at a CAGR of 17.1% from 2020 to 2027.

According to The Insight Partners market research study titled “Teledentistry Market to 2027 – COVID-19 Impact and Global Analysis – by Component, Delivery Mode, and End User,” the global teledentistry market is expected to reach US$ 2,614.50 million by 2027 from US$ 667.13 million in 2019. The market is estimated to grow at a CAGR of 17.1% from 2020 to 2027. The report highlights the trends prevalent in the global teledentistry market and the factors driving the market along with those that act as deterrents to its growth.

Rising geriatric population and growing demand for superior dental care have been the primary drivers for the industry. In recent years, people have been demanding early detection and cost-effective treatment approaches. Also, increasing healthcare access is a significant factor in the global teledentistry market’s overall growth. Rising technological advances and government funding and growing dental and oral care are also essential factors supporting the market growth. 

The scope of the teledentistry market includes component, delivery mode, end user, and geography. The teledentistry market is analyzed based on regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. The report offers insights and in-depth analysis of the teledentistry market emphasizing on various parameters, such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world.

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Teledentistry Market Competative Landscape and Key Development

Some of the key players operating in the teledentistry market include ViDe Virtual Dental; Koninklijke Philips N.V; TheTeleDentists; MouthWatch, LLC; Denteractive Solutions, Inc.; Patterson Companies, Inc.; Virtudent, Inc.; Dentulu; HealthTap, Inc.; and e-DENTECH.

The COVID-19 pandemic is estimated to have a significant impact on the teledentistry market. Growing cases of COVID-19 and rising need for healthcare services have improved communication between nurses, physicians, and patients and helped expand the healthcare infrastructure, due to which demand for better communication systems, such as teledentistry, is mounting. The teledentistry market is anticipated to show strong growth in the US as it is among the worst affected countries globally. 

Oral diseases cause a major burden for various countries and affect the people throughout their lifetime by causing pain, discomfort, and disfigurement. According to the World Health Organization (WHO), oral diseases have affected approximately 3.5 billion people globally in 2020. Moreover, the WHO stated that over 530 million children worldwide suffer from dental caries. Furthermore, according to the International Journal of Health Sciences, periodontal diseases affect approximately 20–30% of population in the developed and developing nations worldwide. According to the FDI World Dental Federation, approximately 2.3 billion people suffer from dental caries of permanent teeth across the world. The treatment for oral diseases is relatively expensive and it is usually not covered by the insurance companies and healthcare ministry in majority of the countries. However, virtual visits between clinicians and patients in remote areas via communication technologies have enabled the reach of health advice and consultations in the developing nations.

Introduction of New Teledentistry Platforms

Most of the global healthcare players are focused on the digital dental sector. This has resulted in the fast-paced growth of the sector in the recent years. Market players are competitive toward introduction of new platforms that are likely to address various challenges in the virtual dental appointments. For instance, in December 2020, DialCare introduced its new teledentistry program offering 24/7 access to its licensed dentists in the US through phone or video consultation. Teledentistry has witnessed a surge during the COVID-19 crisis as it has helped individuals to seek medical attention from the convenience and safety of their home and not to risk infection by entering a populated clinic. mHealth technology is being developed to disseminate medical information or health data widely to practitioners and patients as well. The continued advancement of wireless communications technology would undoubtedly help bring mHealth initiatives to maturity.

Teledentistry Market Segment Review:

Based on component, the teledentistry market is segmented into hardware and software & services. The software and services segment accounted for the largest share of the market in 2019. This segment is likely to dominate the market during the forecast period. The teledentistry software allows the users to accomplish tasks necessary for acquisition and organization of patient health information. Moreover, budding digitalization in the developed nations has enabled patients to take up dental care at a reduced cost and time. Moreover, the COVID-19 pandemic has created opportunities for the market players operating in this domain.

In terms of delivery mode, the teledentistry market is segmented into on-premise and cloud-based. In 2019, the cloud-based segment held major share of the market, as it is a safe and standardized system that is used for online computing services and essential for the delivery of on-demand computing resources.

In terms of end user, the global teledentistry market is segmented into patients, payers, providers, and others. In 2019, the providers segment held principal share of the market, by end user. However, the patients segment is expected to grow at the fastest rate during the forecast period as the teledentistry services provide self-management and caregiving support to the patients. Teledentistry helps in assisting diagnosis, treatment, care management, education and self-management of a patient.

Global Teledentistry Market – by Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific (APAC)
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Rest of Middle East & Africa
  • South & Central America (SCAM)
    • Brazil
    • Argentina
    • Rest of South & Central America

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