An administrative tool which helps in the operation of dental practices is known as a dental management software. The software is inclusive of all non-clinical operational functions such as appointment bookings, accounting, patients’ accounts, patient monitoring analytics, report generation, medical records, and bill generation. The software is easy to use, saves time, regularizes data, and aids in maintaining a high-quality standard of patient care. Additional features can be added to the software to enhance the productivity such as anesthesia monitoring and use of radiographic systems.
The global dental practice management software market (DPMS) is estimated to grow at a robust rate during the forecast period. Growing demand for dental services due to increase in geriatric population and rising oral health care expenses are the key factors which are projected to drive the growth of the global dental practice management software market during the forecast period. Furthermore, technological advancement of the software, reduction of manpower, rise in investment by companies, integrated software with all features within a small package, higher penetration rates leading to increase in providers, and rise in demand for health care IT systems are major factors driving the growth of the global market. However, high cost of the software can restrain the market growth in few developing countries during the forecast period.
The global dental practice management software market can be segmented by application, deployment mode, end-user, and region. Based on the application, the global market can be divided into appointment scheduling, patient communication, electronic claims, report generation, and others. The appointment scheduling segment is expected to dominate the market due to increase in dental check-up as a result of growing awareness about oral health. On the basis of deployment mode, the market can be divided into web-based deployment and cloud-based deployment. The cloud-based deployment segment is anticipated to expand at a high growth rate during the forecast. Factors such as accessibility and availability of data irrespective of the time and place and no need of IT investments are propelling the market growth of this segment. On the basis of end-user, the global market can be segmented into corporate dental practices, individual dentists, and nonprofit dental practices.
Geographically the global dental practice management software market is distributed over North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America accounts for the largest share of the global practice dental management software market. Factors such as high adoption rate of the software and increased oral health care expenditure are driving the growth of the North America market. Furthermore, technological advances of the software such as integrated billing with electronic health records have increased the penetration rate of the software in the region, leading to market growth. The Asia Pacific market is anticipated to register a fast growth rate during the forecast period. The region is projected to be the most lucrative market due to growing geriatric population, adoption of health care IT solutions for better standard of life, and increasing awareness about oral health care.
Key players are adopting strategies such as mergers and acquisitions, cost-effective and efficient products, and collaborative partnerships to maintain a significant position in the market. Prominent players operating in the global dental practice management software market are ACE Dental, MOGO, Inc., Carestream Health, Patterson Companies, Inc., MacPractice, Inc., Henry Schein, Inc., Practice-Web, Datacon Dental Systems, and Dentisoft Technologies.
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