Dental Software Market – Holistic and comprehensive solutions to drive the future growth

Market Research Future, announced the release of its latest report on Dental Software Market, one of the fastest and most promising market. Seamless incorporation and integration of all devices, tools, and procedures have created a need for effective software solutions and the dental field is no exception to this powerful trend. With rising adoption of digital technologies, companies across the globe are increasingly foraying into the field of dental software to cash in the huge and promising growth opportunities.

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With competition already intense and rising, owing to the presence of a large number of vendors, there is an intense pressure on companies at product development. Companies are incorporating new features and improving the existing in their software solutions. Thus development of solutions with extended connectivity, flexible multiplatform operations, and improved user interfaces that align with the customer’s objectives is a must for obtaining market share. Thus understanding the customer needs and market trends is crucial and the report intends to just do that!

Legislations such as the Health Information Technology for Economic and Clinical Health (HITECH) Act have also played a pivotal role in stimulating the market. The standards formulated by the Centres for Medicare & Medicaid Services (CMS) has favoured adoption of electronic health record (EHR). The market has also taken a bias towards cloud based software systems such as Denticon due to the analytics it provides. There has also been increasing need to cut cost of delivery and cutting chair time utilization is the best way to do it as it results in higher revenue and more efficient use of assets. Optimum chair time can raise revenue by more than 10 % and profits by more than 20%. Thus it is eminent to eliminate factors such as attendance of patients, cancellations by doctors, which result in loss of asset utilization.

Dental software also eliminates the need for manual paper based systems and replaces it with electronic record keeping which can be retrieved with a bunch of keystrokes! It also enables access to key pieces of information remotely and to submit information online.

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Key Players for Global Dental Software Market

Some of the key players in this market are: Abeldent Inc., Dentimax llc., Carestream Health, Inc, Ace Dental Software, Datacon Dental Systems, Dexis, llc, Gendex Dental System, Henry Schein, Inc, Imageworks Corporation, Open Dental Software Inc, Planmeca Oy, Sirona Dental Systems, Inc, Consult-Pro, Patterson Dental, Medicloud and many others.

Mergers and acquisitions and collaborations is being increasingly adopted strategy for cementing market position in the industry. For instance, in 2016 Henry Schein entered in an agreement with Dental Cremer S.A. to expand into the distribution of supplies and equipment in Brazil. Henry Schein also invested in Iwase Dental Supply Inc. so as to take a share of the lucrative Japanese dental software market. However product development is not the key to customer conversion. Our analysis, presented in this valuable report suggests reliable customer service including installation and maintenance support, and timely upgrade and update of software along with ease of handling as keys to market leadership. Our analysis also suggests that billing, appointment and booking, analytics and report generation, medical records retention to be the areas having largest possibility of automation! We also expect the Cloud-based dental software segment to grow at the fastest rate during the forecast period.

Segmentation of global dental software market

The global dental software market has been segmented on the basis of types, application, end user, and deployment.

Dental Software market has been segmented on the basis of types which comprises of practice management software, patient communication software, treatment planning software, patient education software, and dental imaging software. Whereas on the basis of application the market is segmented into clinical application and administrative. Furthermore on the basis of deployment the market is segmented into on-premise model, web-based/ cloud-based model. On the basis of end user, the market is segmented into hospitals & clinics, academics & research institutes.

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Regional Analysis of dental software market

The global market for dental software is dominated by the North American countries, owing to factors such as immense investments in healthcare by government as well as private companies, growing geriatric population and rising unhealthy eating habits that are predominantly responsible for the market growth. Americas holds the largest market share of 48.35% of Dental Software market globally. Europe dental software market is expected to grow with a steady pace and is expected to be dominated by Germany and France. Asia Pacific market is expected to be the fastest and this market is expected to grow at a fastest CAGR of 8.8%. The Asia Pacific market will be dominated by China and India. The Middle East and Africa market is expected to be dominated by the gulf economies of Saudi Arabia, Kuwait, UAE and others.

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This release was published on openPR.