Dental Software offers a powerful combination of command and ease. It streamlines the work of dentists. It improves communication channels & makes patient records more accessible throughout the business. As more and more dentists are choosing to use this software, the global dental software market is developing.
Dental software is extremely important for the modern day dentists. This proficient system connects the front desk with the concerned departments. Resultantly, the need to store patient records on paper gets eliminated. The basic purpose of a dental software is to store patient records, practice calendar & other useful information.
At its heart, dental software is a helpful organizational tool. The software is comprehensive. It can manage all non-clinical functions such as appointment reservations, accounting, patient’s accounts, patient monitoring analysis, report generation, medical records, and bill generation. The software is capable of maintaining high quality of patient care. It is easy to use, saves time and standardizes the data. Furthermore, features like anesthesia monitoring & radiographic systems can be added to it to increase productivity.
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Dental Software Market Analysis:
The global dental market software is likely to accomplish success in the coming years. It is projected to move steadily at the rate of above 9.7% CAGR during the forecast period. The market is predicted to earn more than USD 1.9 billion by 2023.
Increasing rate of geriatric population & rise in oral health care expenses are the two main factors that propel this market. A recent study suggested that the range of people above 45 years is expected to grow between by 11.9% between 2018 and 2023. In addition, increase in oral health insurance coverage and government initiatives could be beneficial for the market.
Amplified demand for maximizing the chair time will further help in development. Chair time refers to the time span that a patient spends in a dentist’s office. When this time is utilized comprehensively, it helps in the expansion of the global dental software market.
Furthermore, government funding, favorable ecosystem & better health care facilities will also fuel the market’s growth. The high rate of dental disorders due to improper eating patterns is another notable industry driver. The constant pressure on dentists is also contributing to the growth of this software.
The market may face certain obstacles in the form of non-attenders, short notice revocations & un-booked arrangements. Although, as more and more dentist clinics start adjusting to the software, these problems will be eliminated.
Global Dental Software Market Segmentation:
The worldwide dental software market is fragmented on account of types, applications, end users & deployment.
On the basis of type it is divided into practice management software, patient communication software, treatment planning software, patient education software & dental imaging software. Dental image management software & software for dental instruments are the sub-segments of dental imaging software.
On account of application the market is divided into clinical application & administrative. Hospitals & clinics, academics & research institutes form the end users segment. Amongst these the largest shareholders are hospitals & clinics. It is because these setups are used for a number of applications from data management to treatment planning.
When it comes to deployment the market is divided into on-premise model, web-based/cloud based models.
Cloud-based dental practice management is expected to grow tremendously over the forecast period. It is because of its tractability, catastrophe control, automatic software updates, increased associations, better internet connectivity, security, environment friendly & capability to establish competition. In 2015, web-based segment was at the top. It was because it had features similar to that of cloud-based systems.
Dental Software Regional Analysis:
Geographically, the market is divided into North America, Europe, Asia Pacific & Rest Of The World. North America had the largest shares in 2015 and its victory run is expected to continue for the next few years. Important factors responsible for this are encouraging demographic trends, consumption of sugary products & improved customer awareness. Asia Pacific is not that far behind. It is the fastest growing location as more & more industry players are choosing to invest in this region.
The global dental software is predicted to see many innovations in coming years. One of the most significant ones will be the introduction of DSO and multi-location support. It is a forward-thinking dental software. It would be able to support centralized databases, reporting rollups, standardized clinical templates, robust analytics & operational task management among other features.
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Key Players & Strategies
Some of the big names in this industry are: Abeident Inc, Dentimax, Carestream health, Inc & Ace Dental Software. The dental software market is highly competitive. To keep up with the competition major players have started increasing their investments towards the development of customized solutions.
Main TOC for Dental Software Market:
- Report Prologue
- Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
- Research Methodology
3.2 Primary Research
3.3 Secondary research
3.4 Market Size Estimation
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