Dental Practice Management Software Market to Surpass USD 5.54 Billion by 2031 Owing to Rising Dental Visits and Technological Advancements



by 2031 Dental practice management software market The value is expected to increase from US$2.55 billion in 2023 to US$5.54 billion, at a CAGR of 10.2% between 2024 and 2031.

Dental practice management software market
Dental practice management software market

This growth is attributed to several factors, including an increase in the number of dental visits, growing awareness about oral health, and rapid advancements in technology. Government initiatives to promote the use of healthcare IT solutions in dental clinics are further driving the market forward.

Increasing number of dental clinics, increasing number of dental visits, and rising oral health awareness are important factors driving the market growth. The United States' Health Information Technology for Economics and Clinical Affairs (HITEC) Act encourages the adoption of healthcare IT solutions, including dental practice management software. This coupled with government support initiatives in other regions is expected to drive market expansion.

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List of dental practice management software companies profiled in the report:

  • Open Dental Software Inc.
  • ACE dental software
  • Patterson Corporation
  • Carestream Dental LLC (Onex Company)
  • next generation healthcare company
  • Planet DDS Company
  • Curve Dental Inc.
  • henry schein co.
  • DENTMAX GmbH
  • Practice Internet Company

Collaboration drives growth amid regulatory hurdles and modest innovation

Major players such as Henry Schein and Nextgen Healthcare have joined forces to expand their reach. The AI ​​X-ray analysis partnership between Henry Schein and VideoHealth reflects this trend. Regulation plays a dual role, with supportive policies fostering growth, but stringent measures such as Kuwait’s data privacy regulations increase compliance burdens. There has been little innovation due to factors such as slow adoption of new technologies and cost considerations. Regional expansion also faces challenges due to varying regulations and specific customer needs. However, some players are expanding aggressively, such as P1 Dental Partners, which selected Henry Scheins software to streamline practice management across 40 locations.

The dental clinic management software industry is segmented as follows:

By deployment mode

press application

  • patient communication
  • insurance management
  • Invoice/Bill
  • delivery process
  • others

by end use

  • Hospital
  • dentist clinic
  • others

segmentation analysis

Deployment method

The web-based segment will hold the largest market share at 57% in 2023 due to its higher security, fast updates, unlimited storage space, and lower costs. The growing popularity of dental practice management software for reporting, billing, scheduling, patient charting, and treatment planning is expected to drive the growth of the segment.

application

The insurance management segment will dominate the market in 2023 with the largest revenue share at 24%. The growing need for improved dental claims processing and continuous improvement in dental insurance coverage are factors driving the growth of the segment.

end use

The dental clinic segment will account for the largest market share by 2023, reaching 49%. As a result, many dental offices are adopting electronic dental records (EDR) and appointment scheduling platforms. EDR can be easily integrated with dental practice management software, further facilitating the growth of the segment.

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Side Effects of War on Dental Software Market

The ongoing conflict between Russia and Ukraine has had a mild but disruptive impact on the dental practice management software market. The war had an impact on the supply chain of the electronic components and hardware that made up the software. This leads to twofold consequences: firstly, an increase in the price of dental practice management software, and secondly, a possible shortage in the market. These factors may hinder the smooth operation and growth of dental practices that rely on this technology.

North America maintains dominance, Asia-Pacific rises

North America remains the undisputed champion of the dental practice management software market and will dominate 42% of the market by 2023. , a large aging population and the strong influence of major industry players. Within the region, the United States holds the largest market size owing to its vast network of dental clinics. Canada follows closely behind and is expected to experience the fastest growth due to rising awareness about oral health.

Asia Pacific is a global growth leader, driven by surging investments in healthcare IT, improving economies and advancements in healthcare infrastructure. In this regard, Japan tops the list due to its high prevalence and robust healthcare system. India is expected to grow the market significantly owing to the increasing population suffering from dental diseases.

Henry Schein Acquisition:

  • August 2023, henry schein co.. Acquired a majority stake in Large Practice Sales (LPS) LLC, a consulting firm that assists with sales or partnerships of dental practices.
  • May 2023, henry schein co.. Acquired Regional Health Care Group Pty Ltd, a distributor of medical products serving the public and private sectors in Australia and New Zealand.

Key Takeaways from the Dental Clinic Management Software Market Report

  • Understand the projected growth trajectory of the dental practice management software market (expected to reach $5.54 billion by 2031) and the factors driving this expansion (increasing dental visit volume, technological advancements, etc.).
  • Gain insights into how key players are leveraging partnerships and collaborations to expand their reach, as well as details on high-growth regions like Asia Pacific.
  • Learn how factors like the economic slowdown and the Russia-Ukraine war are affecting the markets so you can make informed decisions.
  • Have a clear understanding of how government regulations (both supportive and restrictive) impact market conditions.
  • Make data-driven choices with in-depth report segment analysis, covering deployment mode (web-based leads), application (insurance management dominates) and end use (dental practices are the leader).

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table contents

Chapter 1 Introduction

Chapter 2 Research Methods

Chapter 3 Dental Clinic Management Software Market Trends

Chapter 4 Impact Analysis (COVID-19, Ukraine-Russia War, Continued Recession of Major Economies)

Chapter 5 Value Chain Analysis

Chapter 6 Porter’s Five Forces Model

Chapter 7 PEST Analysis

Chapter 8 Dental Clinic Management Software Market Segmentation by Deployment Mode

Chapter 9 Dental Clinic Management Software Market Segmentation (by Application)

Chapter 10 Dental Clinic Management Software Market Segmentation by End Use

Chapter 11 Regional Analysis

Chapter 12 Company Profile

Chapter 13 Competitive Landscape

Chapter 14 Use Cases and Best Practices

Chapter 15 Conclusion

continue…

For more information and comprehensive analysis of the market, refer to the full report: https://www.snsinsider.com/reports/dental-practice-management-software-market-1035

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Akash Anand – Head of Business Development and Strategy,

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