Global Dental Software Market to Expand with Increased Demand for Recording Dental Data

The demand within the global dental software market is growing on account of advancements in the field of software planning. The software industry has made rapid strides of development to engulf a wide domain of sectors in its ambit. Healthcare has emerged as a key consumer of software platforms, and this factor has emerged as a key consideration from the perspective of market growth. Countries such as the US and Canada have undergone complete digitization in the field of dentistry. This factor has also generated ripples across the global dental software market.

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The New Orleans Dental Association (NODA) uses the iCoreDental software for several of its operations. The iCoreDental Software is developed and distributed by iCoreConnect Inc. The company has made continual developments in the field of digital health. Furthermore, the quest of this company to aid the growth of the dental industry has proved to be lucrative for them.

In this research blog, TMR Research looks into the key drivers of demand pertaining to the global dental software market.

Development of Artificial Smile Enhancement Tools

The field of dentistry has given birth to several new technologies meant to enhance the oral health of the masses. Furthermore, smile enhancement technologies have also gained popularity across the dental sector. All of these technologies are developed with the help of dental software, and this is a key consideration from the perspective of market growth.

Management of Dental Records

Dentists have become increasingly inclined towards maintenance and management of health records. This factor has played an integral role in the growth of the global dental software market. Moreover, the demand of the consumers for improved dental software has also aided market growth.

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Some of the leading vendors operating in the global dental software market are Dexis, Denti Max, ACE Dental, and ABELDent Inc.

Global Dental Software Market to Expand as Dentists Show Proclivity towards Advance Technologies

The demand within the global market for dental software has been rising at a stellar rate in recent times. The influx of new and advanced technologies in the domain of dentistry has played a major role in propelling demand within the global dental software market in recent times. There is a high possibility of new dental aids being developed in the forthcoming years. The aforementioned assertion has been made on the basis of core research and development facilities within dentistry that have offset across the globe. Dental software helps dentists and medical practitioners in dealing with the diverse range of cases within orthodontics. Hence, there is no contention about the inflow of abundant revenues in the global market for dental software over the coming years.

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Dental Software to Improve in Future

The advent of digitization in the field of dentistry and medicine has led to the growth of the global market for dental software in recent times. Several advanced forms of hand pieces have come to the fore within the field of dentistry. Moreover, dentists have shown a sense of proclivity towards using new technologies in the coming years. For this reason, the global market for dental software is projected to expand in the years to follow.

Dental Technologies to Improve in North America

The market for dental aids and software in North America has been expanding at a stellar pace in recent times. The US and Canada have witnessed the creation of several advanced centers for dental treatments. Hence, the market for dental software in North America is expected to expand at a stellar pace in the years to come.

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Dental Software Market : Report Pouches to Emerge Most Valued Product Variety 2025

Global Dental Software Market: Snapshot

The world of dentistry continued to move ahead at a massive pace and is witnessing an increasing influx of advanced technologies. From witnessing the use of electric handpieces as replacement for speed belt driven tools to using tiny yet high-precision digital cameras to capture dental impressions to employing laser instead of scalpels, conventional dental practice has moved miles ahead in the present day scenario. Digital technologies are rapidly making inroads in the field of dentistry and soon the 3D technology is projected to transform the field.

For a fully digital workplace to work effectively, the seamless incorporation of all devices, tools, and procedures requires effective software solutions. With rising adoption of digital technologies, especially across developed and certain developing economies, the global dental industry is expected to create massive growth opportunities for the global software industry in the next few years. To seize the promising growth opportunities that the industry has to offer, several software companies across the globe are increasingly foraying into the field of dental software.

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With competition already intense owing to the presence of a large number of vendors, the market is witnessing attempts by companies at improving the set of features in their software solutions, more focus on development of solutions with extended connectivity options, flexible multiplatform operations, and radically improved user interfaces. The rising use of the mobile media in a number of functional areas of dentistry is also expected to have a major transformational effect on the overall development of the global dental software market.

Global Dental Software Market: Brief Overview

The world market for dental software is looking to take advantage of the growing adoption of dental practice management software, especially in developed countries such as the U.S. For the major part of the demand, legislations such as the Health Information Technology for Economic and Clinical Health (HITECH) Act have played a pivotal role. Programs such as the Meaningful Use encourage providers to function on a fixed set of standards formulated by the Centers for Medicare & Medicaid Services (CMS) and adopt technologies such as electronic health record (EHR). Moreover, the switch from desktop to cloud based software systems such as Denticon has boosted the market for enterprise dental practice management software.

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Some of the vital categories for the segmentation of the global dental software market are application, component, type, deployment or delivery mode, and end user. A study of the market segmentation allows buyers to peep into the near future and current scenario of the global industry.

The publication offered herewith comes with the feature of customization as per the requirements of the interested parties. Our analysts are seasoned enough to bring you the most appropriate and errorless insights into the global dental software market.

Global Dental Software Market: Trends and Segmentation

According to the delivery mode type of segmentation, the world dental software market could be classified into on-premise, web-based, and cloud-based. With a high security assurance, cheaper price, prompt software updates, large presence of industry players, and limitless storage capacity, the web-based segment is predicted to hold a mammoth share. However, cloud-based delivery mode is foreseen to rise rapidly while riding on the surging response to the inflating patient-centricity trend.

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By component, the segmentation could include patient communication, scheduling, and invoice and billing as commanding segments among others. Out of which, scheduling module gained traction with the indispensable features provided for maximizing resources and accurately scheduling dental checkups.

A host of opportunities in the global dental software market is envisioned to birth from the increasing focus on improving oral healthcare and providing quality service to patients. The global aging population demanding oral healthcare services is also laying a solid platform for growth. As per the National Institute on Aging, the population aging 65 years and above is expected to reach 1.5 bn by 2050 in the U.S. itself.

Hospitals and dental clinics are finding it feasible to adopt various dental software with the availability of subscriptions. Plus, they are quite impressed with the level of assistance received with the use of these software.

Global Dental Software Market: Geographical Analysis

With a geriatric population base in millions, the North America market is attributed for a sizable amount of contribution toward the growth of the global dental software market. As there is a substantial number of patients rising from the wide geriatric population base, North America is expected to gain more demand for dental software. Besides this, the complexity of ICD-10 guidelines requires coding assistance, which has increased the adoption of dental practice management software for the uninterrupted operation of revenue cycle.

Europe is anticipated to be poised for an impressive share in the global dental software market on the back of revenue contributions by countries such as Spain, Italy, France, the U.K., and Germany.

Asia Pacific is envisaged to leverage its significant CAGR gains for securing its foothold in the global dental software market. Some of the prominent drivers of the Asia Pacific market could be the fragmented nature of the market and elevating shortage of labor. Moreover, the market is looking to fulfill the demand for better healthcare quality by aggressively adopting healthcare IT solutions. While India and China are still looked upon as emerging avenues, Australia, South Korea, Japan, and Singapore have been at the vanguard of technology adoption.

Global Dental Software Market: Competitive Landscape

Giant players in the global dental software market are taking to acquisitions and mergers for cementing their position in the industry. Henry Schein, for instance, had made an agreement with Dental Cremer S.A. in 2016 to expand into the distribution of supplies and equipment in Brazil. Henry Schein Dental, Dexis, ACE Dental, Denti Max, ABELDent Inc., Sirona Dental Systems, Clear Dent, Carestream Health, Inc., and Open Dental are some of the dominating companies in the global market. The industrial players are looking to stretch their presence in the market by also coming up with different innovative technological solutions.

Developed Nations Remain in Forefront of Dental Software Market

San Francisco, California, September 21, 2017: The global dental software market is currently witnessing a revolution as digital technologies are making their way and transforming this field, states TMR Research in its latest report. The report is titled, “Dental Software Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.” For a digital dental practice to work smoothly, it is important for all the devices, tools, and procedures to work seamlessly, which is made possible by software solutions. This is boosting the demand for dental software market.

The growing use of mobile media in a number of functional areas of dentistry is having a positive impact on the market. The increased adoption of digital technologies across developed nations and a few developing ones will create huge growth opportunities for the dental software market. Thus, to benefit from this promising growth opportunity, many software companies are venturing into dental software, boosting the growth of this market. The competition is intense in the market and thus, players are improving the features or adding new features in their software such as flexible multiplatform operations, extended connectivity options, and improved user interfaces (UI). Various dental software are being adopted by hospitals and dental clinics as they find it feasible. The level of assistance received from the use of this software is impressive, driving higher adoption rates.

Some of the other factors creating a favorable environment for the growth of the global dental software market include legislations such as the Health Information Technology for Economic and Clinical Health (HITECH) Act or the Meaningful Use program. These legislations and programs adopt electronic health record. The shift to cloud-based software system, for instance Denticon, will be another growth driver for this market.

On the basis of delivery mode, the global dental software market can be segmented into cloud-based, on-premise, and web-based delivery. Of these, the web-based segment is anticipated to lead in the market on account of the limitless storage capacity, prompt software updates, high security assurance, and cheap price. However, the cloud-based delivery mode is expected to expand at the fastest pace. On the basis of component, the market is segmented into patient communication, scheduling, and invoice and billing. Of these, the scheduling module segment is leading on account of the maximized resources and accurately scheduling dental checkups.

On the basis of geography, the market is anticipated to be led by North America. Growing geriatric population and high number of dental patient population will help drive the demand for dental software. The complexity of ICD-10 guidelines has made it coding assistance necessary, which has increased the adoption of dental practice management software. Europe is also proving to be a lucrative market for dental software, led by nations such as Germany, Spain, France, Italy, and the U.K.

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