Dental Practice Management Software Market To Reach $1.59 Billion By 2024: Grand View Research, Inc.
The global dental practice management software market is
expected to reach a value of USD 1.59 billion by 2024, according to a new
report by Grand View Research, Inc. The growth of the market is attributed to
the increasing geriatric population along with expected increase in oral
healthcare expenditure.
Demand for practice management services is anticipated to
grow continuously due to rise in aging people and increase in oral healthcare
expenditure. For instance, according to the U.S. Census Bureau’s International
Data Base, the population of 45 year and older individuals is expected to grow
by about 12% between 2015 and 2025. However, the total U.S. population will
grow by about 8% in 2015 to 2025. Furthermore, expected increase in oral health
insurance coverage and government initiatives could drive the industry during
the forecast period.
Usage of various modules increases the productivity and
efficiency of dentists. Furthermore, technological advancements in the field
and growing investments by companies in emerging geographical areas are
expected to propel the industry. Integrated software with the features of
appointment scheduling, reminder service, perio charting, tooth charting,
payment, electronic health records, and more increases the demand of these
products as they helps treamline dental practice.
Browse full research report on Dental Practice Management
Software Market: http://www.grandviewresearch.com/industry-analysis/dental-practice-management-software-market
Further Key Findings From the Study Suggest:
- Cloud-based
dental practice management software segment is projected to grow at the
fastest rate during the forecast period. This is due to its flexibility,
disaster recovery system, automatic software updates, increased
collaboration, ability to work on any internet connected device, security,
environment friendly, and ability to establish competition.
- Web-based
segment dominated in 2015 as it provided some of the same features as the
cloud-based software segment, that to at lower costs as compared to other
software. In addition, it takes the first-mover advantage in the market.
However, over a period cloud-based segment may surpass the web-based and
on-premises segments due to its additional advantages.
- In
2015, regionally North America dominated the market due to government
initiatives, presence of key players, growing geriatric population, and
high oral healthcare expenditure are the major factors that contributed
toward its dominance.
- Asia
Pacific is the fastest growing region owing to increasing investment of
industry players and rising awareness about oral healthcare among the
people.
- Some
of the market players are Henry Schein, Inc.; Patterson Companies, Inc.;
Carestream Dental; and Curve Dental, Inc., DentiMax, LLC; Practice Web,
Inc.; NextGenHealthcare Information Systems, LLC; ACE Dental Software and
others.
Grand View Research has segmented the dental practice
management software market by deployment mode and region:
Dental Practice Management Software Deployment Mode
Outlook (Market revenue in USD Million, 2013 - 2024)
- On-premise
- Web-based
- Cloud-based
Dental Practice Management Software Regional Outlook
(Market Revenue in USD Million, 2013 - 2024)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- Japan
- China
- Latin
America
- Brazil
- Middle
East and Africa
- South
Africa
Access press release of this research
report by Grand View Research: http://www.grandviewresearch.com/press-release/global-dental-practice-management-software-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports,
customized research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more information:
www.grandviewresearch.com
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