New York, Sept. 14, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Dental Practice Management Global Market Report 2022” – https://www.reportlinker.com/p06319493/?utm_source=GNW
The global dental practice management market is expected to grow from $1.45 billion in 2021 to $1.61 billion in 2022 at a compound annual growth rate (CAGR) of 10.78%. The dental practice management market is expected to reach $2.65 billion in 2026 with a CAGR of 13.19%.
The dental practice management market includes sales of dental practice management software and related services by entities (organizations, partnerships, and sole proprietors) that refer to software solutions and tools used to operate dental practices, medical and healthcare services in an efficient and organized manner. The goal of the software is to help improve communication between dentists, their staff and patients by increasing the readability of clinical notes and documents and reducing clinical errors in the process.
It is also used to schedule patient appointments, maintain clinical documentation including patient records and compile notes, bill patients and insurance companies, schedule and track staff time, process insurance claims, etc.
Major deployment modes for dental practice management include web, cloud, and on-premises. Web-based dental practice management refers to web-based dental software that provides clinical operation support, dental EHR and administrative support to independent practices and DSOs over the Internet with a web browser.
Patient communication software, billing/billing software, payment processing software, and insurance management are the applications of dental practice management. This software is used by dental clinics, hospitals and others.
North America was the largest region in the dental practice management market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period.
Regions covered in the Dental Practice Management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle- East and Africa.
The Dental Practice Management Market research report is part of a series of new reports that provide statistics on the Dental Practice Management market, including the global market size of the management industry Dental Practice Management, regional shares, competitors holding Dental Practice Management market share, detailed segments of the Dental Practice Management market. , market trends and opportunities, and any other data you may need to thrive in the dental practice management industry. This Dental Practice Management Market research report provides a comprehensive perspective of everything you need, with an in-depth analysis of current and future industry scenarios.
The increase in dental visits is significantly driving the growth of the dental practice management market. The increasing prevalence of oral diseases, consumer awareness of oral care and increasing availability of dental practitioners are contributing to the rapid growth of dental visits across the world.
The rapid growth in dental visits is expected to drive the demand for dental practice management as the majority of practitioners focus on adopting advanced software and web-based tools to streamline operations. For example, according to a study published in the International Journal of Environmental Research & Public Health, the number of dental appointments by existing patients increased by 84% between 2019 and 2020.
Hence, the increase in dental visits is expected to drive the demand for dental practice management over the forecast period.
Technological advancement is a key trend gaining popularity in the dental practice management market. Leading dental practice management companies are focused on developing new technology solutions to meet end-customer demands and strengthen their position.
These companies are implementing next-generation technologies such as cloud-based dental software, digital impressions, 3D printing, digital x-rays, and others to improve clinical experience and customer satisfaction. For example, in October 2020, a US-based medicine company, Carestream Dental LLC, introduced the exocad smile creator to Carestream Dental CS Imaging and Scanflow Software, allowing dental practitioners to customize a patient’s smile.
This facial analysis helps users design the optimal smile for the patient’s unique anatomy.
In March 2019, Henry Schein, an American distributor of medical and dental supplies, acquired Lighthouse 360 from Web.com for an undisclosed amount. With this acquisition, Lighthouse 360 advances Henry Schein’s goal of tightly integrating solutions into a single technology system to help dental practices run more efficiently. Lighthouse 360 is an American dental practice management software company.
The countries covered in the Dental Practice Management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea South, the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06319493/?utm_source=GNW
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