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Dental Practice Management Software Market Trends 2019 – Competitive Analysis by Demand Status, Valuable Insights of Business, Product Scope, Driving Factors Forecast to 2024

Dental

The “Dental Practice Management Software Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Dental Practice Management Software market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Dental Practice Management Software market is provided in detail in the report.

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Dental Practice Management Software Market Covers Key Players:

  • Henry Schein Inc.
  • Patterson Companies Inc.
  • Carestream Dental
  • Curve Dental Inc.
  • ACE Dental
  • NextGen Healthcare Information Systems, LLC
  • Open Dental Software
  • Planet DDS Inc.
  • MOGO Inc.

    Market Overview:

  • The dental practice management software market is expected to register a CAGR of 10.5% over the forecast period. Factors that are responsible for the growth of this market include the rising geriatric population, increasing awareness and focus on oral health in the United States and Europe, and the accelerating technological advancements in the developed regions.
  • The rising geriatric population is expected to drive the market primarily. According to data from the 2017 Revision of World Population Prospects, the number of older people, aged 60 years or more, is expected to grow more than two-fold by 2050, and more than three-fold by 2100, i.e., increasing from 962 million, in 2017, to 2.1 billion in 2050, and further to 3.1 billion in 2100, globally. In 2017, there were approximately 962 million people aged 60 or more, worldwide, comprising 13% of the global population, and at present, is growing at a rate of about 3% per year. With the rising aging population, the chances of people suffering from dental issues are expected to rise, leading to an increasing need for the dental practice management software across developing as well as developed nations. However, the factors, such as the shortage of skilled IT professionals may restrain market growth.

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Dental Practice Management Software Market opportunities and recommendations for new investments

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    Scope of the Report:

  • Dental practice management software provides the tools for dentists and associated healthcare professionals to supervise their day-to-day operations. The abilities of these products can include appointment scheduling, document storage and sharing, contact databases, and reporting, as well as dental history charting, patient notes, and treatment plans. They may also include communication platforms for the employees within dentistry and assist with filing and tracking insurance claims. Receptionists and dentists will utilize these tools to ensure their businesses run smoothly and critical information is safely stored and easily accessible.

    Key Market Trends:

    Web-based is Expected to Hold the Major Share in the Current Market of Delivery Mode Segment

    Web-based dental practice management is entirely accessed through a web browser and no software is installed or required on the user’s device at all. All data and software are hosted remotely and accessed through the internet. This is one of the main advantages of web-based dental practice management software. And in the current market scenario, the most used software is the web-based, but however, in the coming next few years the cloud-based software is expected to rise. One of the major differences between the web-based patient portal model and the cloud-based model is the use of personal instances of the application in the web-based model, whereas, in the cloud-based model, the provided model is standardized for all customers. In addition, the main factor which is hindering the growth of the web-based model segment, unlike cloud-based, is that it runs only on the provider’s web servers.

    North America Dominates the Market and Expected to do Same in the Forecast Period

    North America currently dominates the market for dental practice management software and is expected to continue its stronghold for a few more years. In the North American region, the United States holds the largest market share. The increasing use of dental practice management software in the United States has been increasing, along with EHR, since the Health Information Technology for Economic and Clinical Health (HITECH) Act came into existence in 2009. Until a decade ago, nine out of ten doctors in the United States updated their patient’s records by hand and stored them in color-coded files.

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    Detailed TOC of Dental Practice Management Software Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rising Geriatric Population
    4.2.2 Increasing Awareness and Focus on Oral Health in US and Europe
    4.2.3 Accelerating Technological Advancements in Developed Regions
    4.3 Market Restraints
    4.3.1 Shortage of Skilled IT Professionals
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Delivery Mode
    5.1.1 Web-based
    5.1.2 Cloud-based
    5.2 By Application
    5.2.1 Patient Communication software
    5.2.2 Invoice/Billing software
    5.2.3 Payment Processing Software
    5.2.4 Insurance Management
    5.2.5 Other Applications
    5.3 By End User
    5.3.1 Dental Clinics
    5.3.2 Hospitals
    5.3.3 Other End Users
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Henry Schein Inc.
    6.1.2 Patterson Companies Inc.
    6.1.3 Carestream Dental
    6.1.4 Curve Dental Inc.
    6.1.5 ACE Dental
    6.1.6 NextGen Healthcare Information Systems, LLC
    6.1.7 Open Dental Software
    6.1.8 Planet DDS Inc.
    6.1.9 MOGO Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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