Press release
Dental Practice Management Software Market Outlook 2018-2024| Prominent Players: Allscripts, Carestream Dental, Curve Dental, Inc., Datacon Dental Systems, Inc., DentiMax
Dental Practice Management Software Market
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Increasing focus on oral health and rising awareness among the elderly patient pool will drive the global dental practice management market growth. Additionally, favorable government initiatives conducted by various organizations such as American Dental Association to increase awareness regarding the importance of maintaining oral health will favor market growth. Rising investments by venture capital firms along with government regulations encouraging adoption of various healthcare IT solutions such as electronic medical records, patient management and practice management solutions will fuel industry expansion.
Scheduling business segment dominated the global DPMS market with around 19% of revenue share in 2017. Growing awareness regarding oral health among geriatric population has resulted in increasing number of dental check-ups. Effective scheduling of these patients through software will enhance productivity and reduce inconsistency for the dental practitioners, thereby augment segmental growth. Patient communication segment will witness significant 11.7% CAGR over the forecast period owing to increasing usage of dental practice management software for connecting with patients and automating tasks such as appointment confirmations, recall reminders.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Allscripts
• Carestream Dental
• Curve Dental, Inc.
• Datacon Dental Systems, Inc.
• DentiMax
• Dovetail - Dental Software
• Epic Systems Corporation
• Henry Schein Canada Inc.
• Patterson Companies, Inc.
• Quality Systems, Inc
A succinct outline of the regional DPMS industry: U.S. to be a pivotal investment hub
Currently, North America dental practice management software market, powered by the U.S., is one of the most remunerative regional markets of this fraternity. The region is witnessing rapid healthcare IT infrastructure developments and utility of tablets and mobile related solutions. U.S. is set to witness a soaring adoption of dental practice management software with the expanding healthcare IT sector. U.S. dental practice management software industry size, as per estimates, was pegged at SD 450.7 million in 2017 and is projected to emerge as a dominant market over 2018-2024, registering its name as the leading country contributing to North America business space. The contributions of the Health Information Technology for Economic and Clinical Health Act, which has allocated USD 25 billion to encourage the adoption of advanced technology and software in healthcare is also favoring the regional trends.
Asia Pacific dental practice management software industry is anticipated to register a modest CAGR over 2028-2024, driven by China, Japan, and India. Several other regions including South Korea, Australia, and Singapore are at the forefront with regards to adopting advanced technologies and healthcare IT solutions. With growing deployment of quality healthcare IT infrastructure in the emerging economies, APAC dental practice management software is further anticipated to witness high growth potential over the coming years.
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Some of the key industry players operating in global dental practice management software market are Patterson Dental, Henry Schein, Carestream Dental, Quality Systems and Curve Dental. The industry players resort to new product launch, distribution and marketing, mergers and acquisitions, and agreements and partnerships as their major strategies to stay ahead in the highly competitive market. For instance, in April 2015, Henry Schein launched upgraded version of its Dentrix G6 software. This upgraded software will offer customers new features that enhance the user experience and enables dentists to adopt paperless practices.
Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.
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