The dental software is used in dental clinics to manage patient records, billing, treatment plans & insurance claims electronically. These dental softwares help dental practitioners to schedule patient appointments, maintain complete dental records and enables digital storage of X-rays & photographs. It streamlines workflow of dental practices and provides insights to improve patient care.
The global Dental Software Market is estimated to be valued at US$ 3,596 million in 2023 and is expected to exhibit a CAGR of 16% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends: The rise in dental insurance plans is expected to accelerate the growth of the dental software market over the forecast period. Most dental softwares come integrated with insurance billing features that allow seamless dental insurance claims processing and direct reimbursement from insurance companies. As per the American Dental Association, around 68% of the US population is currently covered under some form of dental insurance plans. Increasing availability of affordable dental insurance is making regular dental checkups more accessible and prompting the adoption of dental software among practitioners for efficient insurance management. This is anticipated to create significant demand for dental softwares in the coming years.
Segment Analysis
The global dental software market is dominated by practice management software sub segment. Practice management software is widely used by dental clinics and hospitals for scheduling appointments, managing patient's records and billing. It help in streamlining workflow and improves efficiency.
Key Takeaways
The Global Dental Software Market Demand is expected to witness high growth.
Regional analysis: North America dominates the global market owing to presence of established players and advance healthcare infrastructure. Asia Pacific is expected to be the fastest growing market due to rising dental tourism and growing healthcare expenditure in countries like India and China.
Key players operating in the dental software market are Patterson Companies Inc., Carestream Dental LLC, Curve Dental Inc., DentiMax LLC and Open Dental Software. Patterson Companies Inc. offers Eaglesoft practice management software used by over 50,000 dental practices worldwide. Carestream Dental LLC provides imaging software, practice management software and CAD/CAM software to over 1,00,000 dental offices.
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