Teledentistry Market Next Big Things in 2027 - Leading companies by e-DENTECH, HealthTap, Virtudent, TheTeleDentists, MouthWatch, Denteractive Solutions

Most of the global healthcare players are focused on the digital dental sector. This has resulted in the fast-paced growth of the sector in the recent years. Market players are competitive toward introduction of new platforms that are likely to address various challenges in the virtual dental appointments. For instance, in December 2020, DialCare introduced its new teledentistry program offering 24/7 access to its licensed dentists in the US through phone or video consultation. Teledentistry has witnessed a surge during the COVID-19 crisis as it has helped individuals to seek medical attention from the convenience and safety of their home and not to risk infection by entering a populated clinic. mHealth technology is being developed to disseminate medical information or health data widely to practitioners and patients as well. The continued advancement of wireless communications technology would undoubtedly help bring mHealth initiatives to maturity.

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The teledentistry market was valued at US$ 667.13 million in 2019 and it is projected to reach US$ 2,614.50 million by 2027; it is expected to grow at a CAGR of 17.1% from 2020 to 2027.

Rising geriatric population and growing demand for superior dental care have been the primary drivers for the industry. In recent years, people have been demanding early detection and cost-effective treatment approaches. Also, increasing healthcare access is a significant factor in the global teledentistry market's overall growth. Rising technological advances and government funding and growing dental and oral care are also essential factors supporting the market growth.

Some of the key players operating in the teledentistry market include ViDe Virtual Dental; Koninklijke Philips N.V; TheTeleDentists; MouthWatch, LLC; Denteractive Solutions, Inc.; Patterson Companies, Inc.; Virtudent, Inc.; Dentulu; HealthTap, Inc.; and e-DENTECH.

The market players are focused on technological advancements and innovative steps to improve the teledentistry services. For instance, in March 2020, TeleDentists, in response to the Coronavirus outbreak, used virtual dental consultations to provide direct access to dental treatment. With social distancing and dental clinics being advised to limit practice operations to emergency-only treatment, TeleDentists believed that teledentistry is the only option as the virus is continuously spreading.

The COVID-19 pandemic is estimated to have a significant impact on the teledentistry market. Growing cases of COVID-19 and rising need for healthcare services have improved communication between nurses, physicians, and patients and helped expand the healthcare infrastructure, due to which demand for better communication systems, such as teledentistry, is mounting. The teledentistry market is anticipated to show strong growth in the US as it is among the worst affected countries globally.

Based on component, the teledentistry market is segmented into hardware and software & services. The software and services segment accounted for the largest share of the market in 2019. This segment is likely to dominate the market during the forecast period. The teledentistry software allows the users to accomplish tasks necessary for acquisition and organization of patient health information. Moreover, budding digitalization in the developed nations has enabled patients to take up dental care at a reduced cost and time. Moreover, the COVID-19 pandemic has created opportunities for the market players operating in this domain.

According to the World Health Organization (WHO), oral diseases have affected approximately 3.5 billion people globally in 2020. Moreover, the WHO stated that over 530 million children worldwide suffer from dental caries. Furthermore, according to the International Journal of Health Sciences, periodontal diseases affect approximately 20-30% of population in the developed and developing nations worldwide. According to the FDI World Dental Federation, approximately 2.3 billion people suffer from dental caries of permanent teeth across the world.

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