Market Research Report
Dental Practice Management Software Market Size, Share & Trends Analysis Report By Deployment Mode (On-premise, Web-based, Cloud-based), By Region, And Segment Forecasts, 2019 - 2026
|Published by||Grand View Research, Inc.||Product code||408966|
|Published||Content info||90 Pages
Delivery time: 2-3 business days
|Dental Practice Management Software Market Size, Share & Trends Analysis Report By Deployment Mode (On-premise, Web-based, Cloud-based), By Region, And Segment Forecasts, 2019 - 2026|
|Published: February 27, 2019||Content info: 90 Pages||
The global dental practice management software market size is expected to reach USD 3.4 billion by 2026, based on a new report by Grand View Research, Inc., registering a 10.0% CAGR during the forecast period. Market growth can be attributed to increasing geriatric population and increase in oral healthcare expenditure.
According to the U.S. Census Bureau's International Data Base, the population of individuals 45 years and older is expected to grow by about 12.0% between 2015 and 2025, while the total U.S. population will increase by about 8.0% during the same period. Furthermore, the expected increase in oral health insurance coverage and favorable government initiatives could drive the market during the forecast period.
Usage of various modules increases the productivity and efficiency of dentists. Furthermore, technological advancements in the field and growing investments by companies in emerging markets are expected to propel market growth. Integrated software with features such as appointment scheduling, reminder service, perio-charting, tooth charting, payment, and electronic health records helps streamline dental practice, which increases demand for the same.
Mergers and acquisitions for development and commercialization of products are likely to drive the market in the coming years. In June 2018, Patterson entered into a new joint venture with Cure Partners to form a new firm-Technology Partner Innovations, LLC-and launched NaVetor, a new cloud-based practice management software.
Some of the market players operating in the industry are: Henry Schein, Inc.; Patterson Companies, Inc.; Carestream Dental; Curve Dental, Inc., DentiMax, LLC; Practice Web, Inc.; NextGenHealthcare Information Systems, LLC; and ACE Dental Software.