The global dental practice management software market size was USD 2.27 Billion in 2022 and is likely to reach USD 5.62 Billion by 2031, expanding at a CAGR of 10.6% during the forecast period, 2023–2031. Increasing demand for one-stop solutions for dental hospitals & dental professionals to manage their overall administrative activities and workflow contributes to the growth of the market.
Dental practice management software (Dental PMS) solution is a dental office software that helps dentists make their practice organized and efficient. A dental practitioner carries out multiple manual & mundane tasks on an everyday basis. Single-handedly managing all activities enhances the scope of manual errors.
Practice management software acts as a multi-purpose tool for dental practitioners as it improves work productivity by contributing to effective time management. Healthcare organizations choose their dental office software based on their administrative requirements. The user reviews and ratings help understand the pros & cons of the software.
The software needs to be 'health insurance portability and accountability act’ i.e. (HIPAA) compliant to be eligible for use by healthcare providers. HIPAA-compliant software ensures the security, privacy, and integrity of their business as such software protects sensitive patient data.
The COVID-19 pandemic moderately impacted the market. The market growth slowed down, due to the lowered frequency of hospital visits, due to guidelines imposed by the government, and the rising fear of COVID-19 infection among people. Dentists need to perform a diagnosis while being in close contact with the patient, which increased the chances of the patients and doctors exposing themselves to the virus.
In the latter half of the pandemic, hospital visits were resumed. Virtual patient care providers took the initiative to provide primary consultation to dental patients through teledentistry. This provided patients with easy access to dentists without exposing themselves to infections unnecessarily for primary consultations.
Dentists prescribed medications to the patients virtually and booked advanced appointments if a clinical visit is necessary. Third-party applications offered to deliver the prescribed medicines to the patient’s doorstep, which was a convenient option for patients. The market gradually recovered from the loss in the post-pandemic period, as patients started accessing dentists remotely to get a primary consultation without visiting a clinic.
Dental Practice Management Software Market Dynamics
Key Trends
Rising adoption of computer-assisted systems to digitize and automate workflow is a major trend in the market. Computer-based technology in dental practice reduces the workload, automates jobs, and saves time. It enhances the productivity of practitioners by performing multiple tasks at a time and increases patient satisfaction.
Major Drivers
Growing demand for dematerialization is expected to fuel the market during the forecast period. Traditionally, patient data is stored in materialized form, such as medical documents, files, and paperwork, which causes several issues regarding the loss of patient history & medical records. However, dematerialization converts all these physical documents into digital records to help doctors diagnose the issue quickly.
Increasing dental tourism, owing to the high prevalence of oral cavity cancer and the growing awareness regarding oral hygiene, is expected to boost the demand for dental practice management software. According to the World Health Organization (WHO), in 2016, around 3.5 Bn people suffered from oral diseases.
Therefore, the rising number of patients with oral diseases is expected to boost the market during the forecast period. Rising awareness regarding dental practice management software among dentists is likely to propel the market.
This software is a one-stop destination for dental clinics & hospitals to monitor all the activities such as patient care monitoring, surgeries, appointments, e-commerce, logistics, staff management, and others. It improves administrative efficiency by allowing smooth functioning and securing clinical data, which drives the market.
Existing Restraints
The lack of skilled professionals and poor knowledge regarding digital solutions in the field of dentistry are estimated to hinder the market during the forecast period. Furthermore, the high cost of advanced digital solutions is anticipated to restrain the market to a certain limit.
The high cost of dental practice management software solutions is likely to hinder market growth. Initial installation costs of practice management software are high, due to the set of multiple customizable software modules that need to be purchased individually.
Emerging Opportunities
Technological advancement in computer-assisted software is projected to create lucrative opportunities in the market. Key players in the market are focused on developing advanced software to provide better user interfaces and make the solutions cost-effective. However, increasing government initiatives to upgrade healthcare infrastructure is likely to propel the market.
Scope of Dental Practice Management Software Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Dental Practice Management Software Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Mode of Deployment (Cloud-based, Web-based, and On-premise), Application (Payment Processing, Billing & Invoice, Insurance Management, and Patient Communication), and End-user (Dental Clinics and Hospitals)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Allscripts Healthcare Solutions; Carestream Dental LLC; Dovetail Dental Software; Quality Systems Inc.; Epic Systems Corporation; Datacon Dental Systems; Patterson Companies Inc.; Henry Schein Inc.; NextGen Healthcare; Benco Dental; OptimizeRx; Dental Intelligence; Aerona; Mogo, Inc.; Intiveo; OptimizeRx and Dentimax
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Dental Practice Management Software Market Segment Insights
Mode of Deployment Segment Analysis
Based on the mode of deployment, the dental practice management software market is divided into cloud-based, web-based, and on-premise. The web-based segment held around 55% market share in 2022 and is expected to generate more revenue share in the coming years, as web-based solutions work efficiently without consuming the device’s storage.
It allows for the management of data from a remote location, as the complete interface of this software depends on the availability of the internet. Quick updates, unlimited storage, and increased security of web-based software are likely to boost the segment.
The cloud-based segment is expected to expand at a considerable CAGR during the projection period, as it offers enhanced security to stored data, which reduces the risk of data breaches. Cloud computing enables storage access with advanced data protection policies, which helps to enhance the reliability & flexibility of the system. This factor is expected to boost the segment.
Application Segment Analysis
Based on application, the market is segmented into payment processing, billing & invoice, insurance management, and patient communication. The patient communication segment accounted for a key share of the market in 2022 and is projected to register a robust growth rate during the projection period.
Dental practice management software provides a user-friendly interface for the convenience of geriatric patients. It allows patients to schedule appointments and access tips regarding medication, health, and diet. Furthermore, it allows for direct communication with the dentist. The ease of operation is anticipated to fuel the growth of the market.
End-user Segment Analysis
In terms of end-user, the market is classified as dental clinics and hospitals. The dental clinics segment accounted for a key share of the market in 2022 and is anticipated to expand at a significant growth rate in the coming years, due to the increasing number of dental clinics.
Private dental clinics are focusing on offering holistic treatment to the patient, which reduces the symptoms and works on the root cause of the patient’s dental problems. This aids in delivering personalized patient care and attracting a maximum number of dental patients to the clinics. Moreover, the growing disposable income of consumers is likely to propel the segment.
Regional Analysis
On the basis of region, the global dental practice management software market is fragmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.
North America is expected to dominate the market during the projection period, owing to the presence of well-developed healthcare infrastructure and the increasing government funding to advance dental practice. The regional market growth is further attributed to the growing prevalence of periodontal diseases and oral cancer, due to the consumption of unhealthy food.
According to the United States Centers for Disease Control and Prevention (CDC), around 47.2% of individuals aged 30 and above and around 70.1% of individuals aged 65 and above suffer from periodontal disease.
Furthermore, according to the National Cancer Institute, one individual in America dies every hour, due to oral cancer. Thus, the growing number of patients with oral disease in the region is estimated to boost the market.
Segments
The dental practice management software market has been segmented based on
Mode of Deployment
- Cloud-based
- Web-based
- On-premise
Application
- Payment Processing
- Billing & Invoice
- Insurance management
- Patient Communication
End-user
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Allscripts Healthcare Solutions
- Carestream Dental LLC
- Dovetail Dental Software
- Quality Systems Inc.
- Epic Systems Corporation
- Datacon Dental Systems
- Patterson Companies Inc.
- Henry Schein Inc.
- NextGen Healthcare
- Benco Dental
- OptimizeRx
- Dental Intelligence
- Aerona
- Mogo, Inc.
- Intiveo
- OptimizeRx
- Dentimax
Competitive Landscape
Key players competing in the global dental practice management software market are Allscripts Healthcare Solutions; Carestream Dental LLC; Dovetail Dental Software; Quality Systems Inc.; Epic Systems Corporation; Datacon Dental Systems; Patterson Companies Inc.; Henry Schein Inc.; NextGen Healthcare; Benco Dental; OptimizeRx; Dental Intelligence; Aerona; Mogo, Inc.; Intiveo; OptimizeRx; and Dentimax.
These market players adopted various market strategies such as product launches, acquisitions, mergers, partnerships, health awareness campaigns, and collaborations to boost their global presence. For instance,
- On August 2022, Dentrix, a Henry Schein Inc. acquired company, launched 'Dentrix ePrescribe' an electronic prescription solution for dental practitioners. This software ensures that the electronic prescriptions are sent to the pharmacies directly to replace the handwritten prescriptions and avoid errors
- On May 2021, Carestream Dental collaborated with Dr. Francesco Mangano to deliver knowledge about updated digital dental technology to oral healthcare professionals.
- On March 2021, Modento was acquired by Dental Intelligence, to expand their customer base on the software platform. The company is impressed by the exceptional performance of Modento in terms of patient administration from initial clinical visits, and treatments, until post-treatment consultations through touchless patient interactions.
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