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 advancemen...