The global dental practice management software market size is expected to reach USD 4.9 billion by 2030, exhibiting a CAGR of 10.25% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rising number of dental clinics and hospitals, and strong government support have boosted the adoption of Electronic Dental Records (EDRs), which are primary factors driving the market growth. The ADA estimated that there will be 201,927 practicing dentists in the United States in 2021, a 1.7% increase from 2017. Numerous individuals are graduating from dentistry schools & colleges and starting their own practices. This effectively expands the potential client base.
Dental Practice Management Software Market Report Highlights
- Based on deployment mode, the web-based segment dominated the market in 2022 owing to the reasonable pricing structure and high demand
- The cloud-based segment is projected to witness the fastest CAGR during the forecast period, due to factors such as flexibility, disaster recovery system, automatic software updates, increased collaboration, ability to work on any internet-connected device, security, and user-friendly features
- Based on application, the patient communication segment dominated the market in 2022. The majority of hospitals and clinics use DPM software for appointment scheduling, postponement/cancellation, and follow-ups. This is boosting segment growth
- In terms of end-use, the dental clinics segment dominated the market in 2022, on account of the increased number of dentists and oral care visits
- North America dominated the global market in 2022 owing to the high demand for the latest technologies, high oral healthcare expenditure, and the strong presence of key players in the region
- Asia Pacific is anticipated to register the fastest CAGR from 2023 to 2030 owing to the rising awareness about oral healthcare and increasing investments by industry players in the regional market
- In December 2022, Henry Schein, Inc. signed a definitive agreement with the shareholders of Biotech Dental S.A.S., a rapidly growing provider of innovative clinical software and oral surgery & orthodontic products based in Salon-de-Provence, France, to acquire a majority ownership stake in the company
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Dental practice management software is usually comprehensive, centralizing all the distinct elements of a dentist’s office and providing integration with necessary but usually standalone solutions so that dentists can focus on providing care instead of running an office. They are a vital tool for modern dental practices. Furthermore, some solutions even offer marketing functionalities, whether that’s facilitating the creation of a practice website, sending e-newsletters, or even optimizing SEO. It is used by the dentist to organize the records of the patients in their practice and used for collecting, managing, saving, and retrieving medical information for the patients, and for creating reports for the patients.
According to ADA’s forecasts, there will be 67 dentists for every 100,000 people in the United States by 2040. As the younger generation is more receptive to software usage and is willing to learn and accept new technologies, the growing number of young dentists in the United States is predicted to boost the demand for DPM software. Various initiatives undertaken by governments in the U.S. and European countries are likely to boost the healthcare IT market. This, in turn, is expected to drive the DPM software market. For instance, in 2009, the HITEC Act was passed to encourage the healthcare IT industry in the U.S. This has further boosted the adoption of healthcare software in the country.
European countries are also undertaking several initiatives to promote healthcare IT. Some of the noticeable initiatives include Interoperable Delivery of European eGovernment Services to Public Administrations, Businesses, and Citizens (IDABC); Elektronische Gesundheitskarte (Germany); Norwegian Healthcare System (Norway); e-Card (Austria); Imprivata; Sentillion; CAREfx; IBM Tivoli Access Manager; HealthCast, Inc.; and Sense.
The onset of the COVID-19 pandemic resulted in increased hospitalizations, which is unprecedented in public health. National lockdowns and emergencies were proclaimed in many nations to stem the spread of the virus. Most oral health problems and scheduled dentist appointments were considered non-emergency. As a result, oral care procedures were put on hold because of the potential for transmission. According to the ADA, oral care spending in the United States fell by 38% in 2020. As a result of the unparalleled impact of the COVID-19 pandemic, the new installations of DPM software declined.
Dental Practice Management Software Market Insights By Region
North America led the overall market. The strategic presence of major players, such as Henry Schein One & Curve Dental, and the rapid adoption of oral care services by baby boomers are among the key factors responsible for the market growth in the U.S. On the other hand, Asia Pacific is projected to witness the fastest CAGR during the forecast period. Growing investments by healthcare IT companies in the region and improving economic conditions as well as healthcare structure are favoring the market growth. China is projected to witness substantial growth during the forecast period. This can be attributed to the rising geriatric population, increasing spending on oral care, and rapid adoption of the latest technologies. Europe is also expected to witness significant growth owing to the rapid technological advancements and increasing spending capacity of the people.
Competitive Analysis By Major Companies
The market is highly competitive and is dominated by a few large competitors. With the rising geriatric population and an increasing need for mobile health, a few additional smaller competitors are joining the industry and are projected to capture a sizable portion of the market. Acquisitions, collaborations, partnerships, and the launch of new products are key strategies adopted by market players. Some of the prominent players in the global dental practice management software market include:
- Henry Schein, Inc.
- Carestream Dental, LLC
- DentiMax
- Practice-Web, Inc.
- Nextgen Healthcare, Inc.
- ACE Dental Software
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Dental Practice Management Software Market Segmentation
Grand View Research has segmented the global dental practice management software market report based on the deployment mode, application, end-use, and region:
- Dental Practice Management Software Deployment Mode Outlook (Revenue, USD Million, 2017 – 2030)
- Dental Practice Management Software Application Outlook (Revenue, USD Million, 2017 – 2030)
- Dental Practice Management Software End-use Outlook (Revenue, USD Million, 2017 – 2030)
- Dental Practice Management Software Regional Outlook (Revenue, USD Million, 2017 – 2030)
- List of Key Players in the Dental Practice Management Software Market
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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