Dental Practice Management Software Market : Illustrious Companies - Henry Schein, Carestream Dental, Patterson Dental, Curve Dental, Quality Systems. Other industry participants include Dovetail Dental Software, Epic Systems Corporation, Allscripts Healt

Dental Practice Management Software Market will reach USD 2.4 billion by 2024; as per a new research report; according to a new research report by Global Market Insights, Inc.

Increasing demand for dental services due to aging population and overall population growth, leading to high competition for dental practices should drive global dental practice management software market growth. Elderly population is vulnerable to oral diseases such as periodontal disease that accelerates demand for practice management solutions.

Implementation of cost containment measures to curb the rising healthcare expenditure caused due to dental problems will propel dental practice management software business growth.

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Increasing shift towards digitization along with rapid technological advances in the dentistry field will spur demand for dental practice management solutions. Moreover, increasing focus of dental practitioners on providing quality-care coupled with complying to healthcare information technology regulatory requirements will drive industry growth.

Presence of several organizations such as American Dental Association, Germany Dental Association working towards raising awareness regarding oral health is expected to further fuel industry expansion. High initial set-up cost associated with software along with dearth of skilled IT professionals is expected to impede the industry growth over the forecast timeframe.

Scheduling component business segment generated high revenue share in 2017 followed by patient communication software. Rising geriatric patient base suffering from dental problems has led to increase in dental visits. Increasing usage of scheduling module that allows dentists to schedule check-ups and appointments efficiently will boost segmental growth.

Insurance management market will witness considerable growth in future owing to its ability to integrate payers, providers and patients and enabling dental offices to communicate directly with insurance companies to receive patient plan benefits. The module also automates insurance eligibility and benefits check leading to improved efficiency.

Web-based software business generated majority of market share in 2017. However, advanced modules such as cloud-based software is poised to be fastest growing business segment over the forecast period. Cloud-based services offer better functionality, cost-effectiveness along with increased efficiency propelling segmental growth.

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Canada dental practice management software market will over 10% growth to reach USD 125 million by 2024. This is attributable to rising healthcare awareness about oral health along with increasing dental visits in the country.

France DPMS market was valued at USD 68.2 million in 2017 and anticipated to experience lucrative growth owing to expanding patient pool suffering from oral problems along with presence of local manufacturers providing dental practice management software solutions will stimulate market growth in the country.

Asia Pacific dental practice management software is expected to register over 13.5% CAGR over the forecast period. Rising elderly patient base in emerging countries such as China and India coupled with greater health awareness for oral health in the region is attributable to its rapid growth.

Some of the notable industry players are Carestream Dental, Patterson Dental, Henry Schein, Quality Systems and Dovetail Dental Software among others. New product launch, acquisition, distribution and marketing strategies dominated the DPMS industry. New product launches allow the companies to introduce innovative solutions in the market and stay ahead in the competition.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

This release was published on openPR.