Dental Practice Management Software Market: Current Analysis and Forecast (2022-2028)

Report Description

The dental practice management market is expected to grow at a strong CAGR of around 10.5% during the forecast period owing to the increasing awareness about oral health among customers, their adoption in emerging economies, and initiatives by governments of various countries. Additionally, dental practice management software producers are investing heavily in R&D, this is further expected to contribute to market growth in the coming years.

Some of the major players operating in the market include Carestream Dental LLC, CD Newco, LLC, DentiMax, NXGN Management, LLC, Compudent System Inc., ACE Dental, Open Dental Software, Dentisoft technologies. Athenahealth Inc., Aerona

Insights Presented in the Report

“Amongst by deployment mode, the Web-based software segment held a dominant share of the market in 2021”

Based on the deployment mode the market is segmented into Cloud-based software, Web-based software and On-premise software. Amongst these Web-based software, categories would hold the dominant share of the market in 2021. This is mainly attributed to its low cost, increased security, quick updates, and unrestricted storage space. Additionally, the patient data can be easily checked in web-based software and accessed by multiple users across various locations. Thus, owing to such advantages would have a positive impact on the growth of the dental practice management software market in the forecasting period.

“Amongst application, Patient communication held the majority share of the market in 2021”

By application, the market is segmented into Invoice billing, Patient communication, Insurance management and others (Payment processing, Appointment scheduling). The Patient communication segment is expected to grow with a high CAGR during the forecast period as a result of a rise in patient acceptance owing to its enhanced feature benefits such as text messages, reminders, and patient satisfaction surveys. Further the majority of dental practice management software like Dent soft creates customer profiles based on the information provided by the customers such as demographic location, registration no., contact information, and patient medical history amongst others. These are the elements that are anticipated to fuel the market during the forecast period

Dental practice management software market Report Coverage

“Amongst end-use industry, the Dental clinic segment held the majority share of the market in 2021”

By end-use, the market is segmented into Dental clinics, Hospitals, Academics and research institute. The dental clinic segment would hold the dominant share of the market in 2022. Owning to increase in no. of dental practices. According to the Health Policy Institute of American Dentist Association (ADA) report, the projected growth rate of the number of dentists per capita between 2020 and 2040 is 10.4 per cent.

“North America dominated the Dental practice management software market in 2021”

North America is anticipated to grow with a significant CAGR during the forecast period, this would primarily BE driven by the high adoption rate of dental software by dental clinics, increased investments in digital technology, and advanced healthcare product launches by established players in the region. For Instance, In March 2023, Clear dent launched a hybrid and full cloud solution at the pacific dental conference in Vancouver BC, ClearDent Link, a hybrid cloud solution allows the customer to access their on-premise, server-based data in the cloud and ClearDent Cloud is one the first software which is developed in Canada. Thus with the high adoption rate, increased investments in Research & Development coupled with the new product launch are anticipated to fuel the market of dental practice management positively in the forecasting period.

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:

The global dental practice management software market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

You can also purchase parts of this report. Do you want to check out a section wise
price list?

Get in touch with team

Research Methodology

Research Methodology for the Dental Practice Management Software Market Analysis (2022-2028)

Analyzing the historical market, estimating the current market, and forecasting the future market of the global dental practice management software market were the three major steps undertaken to create and analyze the adoption of dental practice management software. In major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global dental practice management software market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the dental practice management software market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the dental practice management software market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as deployment mode, application and end use Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the dental practice management software market. Further, we conducted factor analysis using dependent and independent variables such as deployment mode, application and end use of the dental practice management software market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the dental practice management software market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global dental practice management software market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of revenue (USD) and the adoption rate of the dental practice management software market across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the global dental practice management software market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global dental practice management software market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of the deployment mode, application, and end-use in the global dental practice management software market.

The main objective of the Global Dental Practice Management Software Market Study

The current & future market trends of the global dental practice management software market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of the dental practice management software market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
• Segments in the study include areas of the deployment mode, application, end-use
• Define and analysis of the regulatory framework for the dental practice management software industry
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviours of the industry
• Analyze the current and forecast market size of the dental practice management software market for the major region
• Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World
• Company profiles of the dental practice management software market and the growth strategies adopted by the market players to sustain in the fast-growing market
• Deep dive regional level analysis of the industry

You can also purchase parts of this report. Do you want to check out a section wise
price list?

Get in touch with team