Dental Software Market Overview

The worldwide market for dental software is likely to expand at 8.0% CAGR (2016-2027).

Global dental software market has been growing consistently owing to the increasing need for streamlining dental procedures and managing progress in hospitals. Implementation of the dental software adds to the efficiency and productivity of the process. It aids dentists with features such as reminder service, appointment scheduling, payment, tooth charting, and others. Increasing demand for enhanced quality of services, speeding up diagnosis, increasing indulgence into unhealthy eating habits, and need for patient satisfaction drives the dental software market reasonably. Surge in oral healthcare expenditure, increasing government funding towards improving oral healthcare facilities collectively with the rising aged population globally substantially propels the growth in dental software market. Moreover, high rate of dental ailments and increasing workload on dentists have been a plus for the market growth. However, late adoption, complex software operations, and high cost of software are likely to hinder the market growth to a large extent.

Dental Software Market Segmentation

Worldwide dental software market has been segmented based on application, type, end user, and deployment.

Based on application, the market has been segmented into administrative application and clinical application. Clinical application segment has been dominating the market with 91.9% share of the global dental software market.

Based on type, the market has been segmented into patient communication software, practice management software, patient education software, dental imaging software, and treatment planning software.

Based on end user, the market has been segmented into research institutes, academics, hospitals & clinics. Hospital is the leading end user of the global dental software market. Increased patient visits in hospitals and clinics boost the hospital segment.

Based on deployment, the market has been segmented into web-based/ cloud-based model and on-premise model.

Dental Software Market Regional Analysis

Global dental software market has been segmented into the Americas, Europe, and Asia Pacific. The Americas represent the largest dental software market holding 48.35% share of the global market. Integration of the Health Information Technology for Economic and Clinical Health Act (HITECH Act) in the American healthcare system has remarkably affected the medical system in the country. HITECH came into force during February 17, 2009 when President Obama passed it as part of the American Recovery and Reinvestment Act of 2009 (ARRA), a financial stimulus bill. The HITECH Act highly encouraged the application of electronic health records (EHR) and subsidiary technology in the United States healthcare infrastructure. With extensive application of Electronic Health Record, North America has been identified as one of the key dental software markets globally. ABELDent Inc., a leading service provider in the North American dental software market confirms that the share valuation of the region is likely to increase rapidly by 2027. Early adoption of latest technologies and continuous progress in the field of medical technology boosts the market growth in this region.

Despite the increasing liberalization of the healthcare sectors, the dental market in Western Europe remains vastly fragmented and offers a prospective market for investment opportunity for strategic buyers and private equity firms from adjacent healthcare sectors. Creation and consolidation of dental chains are likely to bring substantial procurement and operational efficiencies. Dental chains in Europe are well positioned to incorporate technological developments such as 3D printing, computer-aided manufacturing (CAD/CAM), and computer-aided design which can curtail supply chains, cut the cost of bridges and crowns and pave way for a technology-oriented market.

Asia Pacific market holds a significant share in the global dental software segment and is likely to prosper at a rate of 8.8% CAGR over the forecast period. The APAC market have been identified with instances of inequal oral health distribution. Oral diseases have been found affecting the underprivileged who have limited access to health services. Delayed or denied access to dental care is owing to high cost of dental services coupled with unavailability of skilled doctors. Policymakers in the APAC market are striving hard to bridge the gap by implementing and upgrading advanced forms of technology into the market.

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Dental Software Market Key Drivers

Global dental software market has been dominated by key players such as Medicloud, Dentimax llc., Abeldent Inc., Ace Dental Software, Carestream Health, Inc, Dexis llc, Henry Schein, Inc, Gendex Dental System, Open Dental Software Inc, Imageworks Corporation, Sirona Dental Systems, Inc, Planmeca Oy, Patterson Dental, Consult-Pro, and others.