MRFR’s experts predicts that Global Dental Software Market is expected to reach USD 4185.5 Million by 2027. Dental Software Market Information, By Type (Practice Management Software, Patient Communication Software, Treatment Planning Software), Application (Clinical), By Development (On-Premise, Web-Based), End User (Hospitals & Clinics) – Forecast till 2027.
Dental Software Market Highlights
The Global Dental Software Market Is Expected To Register A CAGR Of 8.0% To Reach USD 4,185.5 Million By 2027. The Report Analyzes Analyze Competitive Developments Such As Joint Ventures, Strategic Alliances, Mergers And Acquisitions, New Product Developments, And Research And Developments Globally.
Integration of technology and software in dental practices is an old trend. However, over the past decade, the usages of software have been increasing rapidly. The dental software market is an ever-flourishing space. Wide adoption of digital dental radiography systems and increasing prevalence of oral & periodontal diseases are some of the key driving forces behind the growth of the market.
Besides, technological advancements and prevalent dental disorders & surgeries foster the growth of the market enforcing dental software adoptions, thereby, offering lucrative opportunities to the market players. According to a leading research firm – Market Research Future (MRFR), the global dental software market is poised to touch a valuation of USD 4,185.5 MN by 2027.
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In its recently published report, MRFR also asserts that the market would register a CAGR over 8% throughout the forecast period (2017 – 2027). Even, the proliferation of the Internet, smartphones, and connected smart devices are some of the factors acting as significant tailwinds to the growth of the dental software market. Besides, the augmented applications in the related market tools to target more users for branding their solutions, products, and services are estimated to foster the uptake of dental software in small and medium setups during the prognosis period.
Conversely, substantially high cost of digital dental solutions is hampering the market growth, especially in developing and underdeveloped nations, restricting the uptake of software. Also, the operational complexities of these solutions would impede the growth of this market. Nevertheless, expected innovations in technology would support the growth of the market, bringing the cost of these digital solutions and making them affordable across the world.
Competitive Landscape – Dental Software Market
Highly competitive, the dental software market appears to be fragmented due to the presence of several big & small market players. These players adopt strategic trends, such as M&A activities, collaboration, and innovations seeking business expansion in the emerging markets.
They ensure their mission success, focusing on optimized situational awareness for customers. They invest increasingly in R&D activities and to develop a cost-effective product portfolio. They also invest in the development of state-of-the-art facilities to develop software and strong marketing network, which can help them to gain the leadership position in the market.
- ACE Dental Software,
- ABELDent Inc.,
- Carestream Health, Inc.,
- Dexis LLC,
- Dentimax LLC,
- Gendex Dental Systems,
- Henry Schein Inc.,
- Open Dental Software Inc.,
- Imageworks Corporation,
- Planmeca Oy,
- Video Dental Concepts, and
- Sirona Dental Systems, Inc., among others.
Industry Related News:
August 1, 2019 – KaVo Kerr (the UK), a cohesive organization providing dental excellence launched new configuration for its award-winning 3D imaging solutions KaVo OP 3D. Designed for all dental imaging needs, the KaVo OP 3D is a complete X-ray platform that provides easy-to-use features throughout the entire dental imaging workflow.
With KaVo OP 3D, clinicians can benefit from DTX Studio suite, a single digital platform for dental treatments that connects technologies and workflows – from image acquisition to diagnostics, planning, implant surgery, and restoration.
Segments – Dental Software Market
The report is segmented into six market dynamics to widen the scope of understanding,
By Type: Treatment Planning Software, Patient Communications Software, Patient Education Software, Dental Image Management Software, Dental Imaging Software, Software for Dental Instruments, Practice & Planning and Management Software, among others.
By Application : Clinical and Administration, among others.
By Purchase: Ownership Models and Subscription, among others.
By Deployment: Web-based, Cloud-based, and On-premise Model, among others.
By End-user: Clinic, Hospital, Academic, and Research Institutes, among other.
By Regions: North America, Europe, APAC, and the Rest-of-the-World.
Regional Analysis – Dental Software Market
North America accounts for the largest as in 48.35% of the share in the global dental software market. Factors, such as the increasing advancements in digital and medical technologies and their early uptake attribute to the growth of the regional market. The growing market in the US, heading with the high healthcare expenditures, especially into the dental segment supports the regional market, majorly.
The dental software market in the European region takes the second lead, following the North American market, closely. The market is fueled by the increasing per capita healthcare expenditures, which has been ably backed by the resurging economy and the proliferation of healthcare penetration in the region. Additionally, well-spread awareness among people towards oral health, especially in countries, such as the UK, Germany, and Italy are some of the major factors substantiating the regional market growth.
The Asia Pacific dental software market has emerged as a profitable market, globally. Offering high growth opportunities and new technologies, and opportunities in untapped markets, the Asia Pacific dental software market is expected to grow at a CAGR of 8.8% throughout the estimated period (2017-2027). Expanding markets, especially in India & China, backed by the vast population and the burgeoning medical treatment market fuel the market growth in the region. Also, APAC countries, such as Thailand, Vietnam, and Malaysia, are estimated to significantly contribute to the regional market growth during the review period.
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
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