Dental Practice Management Software Market Targets a Striking US$6.74 Billion Valuation by 2033-FMI Study

Dental Practice Management Software Market

It is anticipated that the dental practise management software market size will reach a valuation of US$ 6.74 billion by 2033, up from US$ 2.54 billion in 2023. Sales of dental practise administration software are anticipated to increase at a noteworthy CAGR of 10.25% over the course of the forecast year.

Dental practice management software helps healthcare professionals manage their daily tasks. It helps automate bookkeeping, and inventory management, maximize clinic efficiency, and improve communication between doctors, staff, and patients.

It can be integrated with X-ray sensors, intraoral cameras, imagers, and other dental equipment to keep patient records electronically. Today, dental practice management software runs in the cloud as software as a service (SaaS) or apps, eliminating the need to store patient information on paper and allowing doctors to access data remotely.

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The growing awareness of oral hygiene has led to an increase in dental examinations worldwide. This is one of the key factors supporting the growth of the market along with the increasing number of the elderly population prone to developing oral diseases and oral diseases.

The ease of paying, booking, and updating information via easy-to-use online portals further fuels the market’s growth. Additionally, integrating IT solutions into oral health services has increased the demand for dental practice management software to reduce clinical errors and improve care delivery.

Cloud-based dental office management software is gaining traction due to its multiple benefits, such as charts and images, claims to track, and automatic claim reminders. The adoption of paperless digital dentistry is gaining ground, which is expected to positively impact market growth in the coming years.

Key Takeaways:

• The web-based segment dominated the market with a 55.6% share in 2022. This is due to its low cost, enhanced security, fast updates, and unlimited storage space. Increasing adoption of DPM software in dental practices for billing, reporting, patient records, scheduling, and treatment planning is expected to drive the growth of the segment.
• North America leads the overall market with a 40.4% revenue share in 2022. The strategic presence of key players such as Henry Schein One & Curve Dental and baby boomers’ rapid adoption of oral care services is one of the key factors driving United States market growth. Additionally, increased funding for start-ups is likely to support market growth.
• The European market is also expected to grow significantly due to rapid technological progress and increased purchasing power. In the 24 months to 30 June 2020, 21 million adults and 6.3 million of their children visited his NHS dentist, according to UK NHS dental statistics.
• In 2022, the dental clinic segment was likely to be the market leader, accounting for over 47.4% of total revenue. The industry is growing due to the increasing number of dental offices using dental office management software worldwide.

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Manufacturers are constantly expanding their supply chains

The dental laser market’s competitive landscape is moderately fragmented, with a few major companies operating on a global and regional scale. Strategic alliances are being formed by key players in order to expand their respective portfolios and gain a strong foothold in the global market.

Latest Developments:

• In June 2021, Curve Dental announced an agreement with Dental Intelligence to provide access to Dental Intelligence’s online appointment scheduling system, LocalMed. The purpose of the partnership is to make it easier for dental companies to use Curve Dental’s practice management software, which enables patients to virtually confirm appointments.
• Henry Schein announced in May 2021 the development of axiUm Dental Software to integrate dental and medical patient records. New consistency in car modules improves electronic patient file interoperability and information exchange between dentistry and healthcare.
• Edge Health Solution Inc. partnered with Allscripts in December 2020 to bring enterprise practice management software to her over 1,000 dentists nationwide to customize patient smiles.

 Key Players :

• Henry Schein, Inc.
• Carestream Dental, LLC
• DentiMax
• Practice-Web, Inc.
• Nextgen Healthcare, Inc.
• ACE Dental Software
• Datacon Dental Systems, Inc.
• CareStack (Good Methods Global Inc.)
• CD Nevco, LLC (Curve Dental)
• Dentiflow

Key Segments:

Deployment Mode Outlook:

• On-premise
• Web-based
• Cloud-based

Application Outlook:

• Patient Communication
• Invoice/Billing
• Payment Processing
• Insurance Management
• Others

End-use Outlook:

• Dental Clinics
• Hospitals
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Japan
• Middle East & Africa (MEA)

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Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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