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Dental Practice Management Software Market Update: Recent Mergers And Acquisitions
The global dental practice management software market size is anticipated to reach USD 5.0 billion by 2030 and it is projected to grow at a CAGR of 10.17% from 2024 to 2030, according to a new report by Grand View Research, Inc. The robust government support and increasing number of dental clinics and hospitals have fueled the adoption of Electronic Dental Records (EDRs)which are primary factors driving the market growth. According to the country’s National Statistics Institute, there were 40,968 registered dentists in 2022 with 21,638 dental clinics in Spain. As more individuals graduate from dentistry schools and colleges and establish their practices, the potential client base expands significantly.
According to the BBC and the British Dental Association (BDA), there were 6.2, 6.0, 4.8, and 4.4 NHS dentists per 10,000 population in Scotland, Northern Ireland, Wales, and England, respectively, as of May 2022. The rising demand for the ...
... latest technology for streamlining the administrative process in dental clinics and hospitals is expected to drive the demand for Dental Practice Management (DPM) software. This trend is further supported by various government initiatives in both the U.S. and European countries, contributing to the overall market growth.
Gather more insights about the market drivers, restrains and growth of the Global Dental Practice Management Software Market
European countries are also undertaking several initiatives to promote oral healthcare services and healthcare IT. According to the report by the Platform for Better Oral Health in Europe, in 2020, an estimated USD 12.39 billion (EUR 11.67 billion) was spent on oral healthcare services in France. Hence, owing to rising government expenditure and greater demand for dental care in the country, the number of dental clinics is steadily increasing. Some of the noticeable initiatives include e-Card (Austria); Interoperable Delivery of European eGovernment Services to Public Administrations, Businesses, and Citizens (IDABC); Norwegian Healthcare System (Norway); Sentillion; Imprivata; Elektronische Gesundheitskarte (Germany); CAREfx; HealthCast, Inc.; IBM Tivoli Access Manager; and Sense.
Moreover, several companies are engaging in partnerships, mergers, acquisitions, and expansion strategies to enhance their market position. For instance, in September 2022, CD Newco, LLC (Curve Dental) partnered with Dental Whale, a prominent practice solution and learning provider in North America. This partnership will provide dental practices with access to various solutions & resources to enhance their operations and improve patient care.
Dental Practice Management Software Market Segments Highlights:
• Based on deployment mode, the web-based segment led the market with the largest revenue share of 56% in 2023. This is attributed to high demand, increased security, and reasonable pricing structure for the solutions
• Based on application, the insurance management segment led the market with a largest revenue share of 22% in 2023, owing to continuous improvement of dental insurance coverage and rise in the number of dental claims
• Based on end use, the dental clinics segment held the market with the largest revenue share of 48% in 2023, owing to the growing need for software to manage patient data and rise in adoption of Electronic Dental Records (EDR) and appointment scheduling platforms
• North America dominated the market with the revenue share of 40% in 2023. This can be attributed to various factors such as increasing healthcare IT expenditure and growing technological adoption in clinical and hospital settings in the region
• In March 2023, Good Methods Global Inc., a cloud-based DPM software provider, partnered with Pearl Group, a dental AI solution provider. The purpose of this partnership is to integrate Pearl’s Second Opinion, a disease detection capability within CareStack’s all-in-one practice management system, along with extended access to CareStack users for Practice Intelligence, a Pearl AI platform
Browse through Grand View Research's Healthcare IT Industry Research Reports.
• Teleradiology Software Market: The global teleradiology software market size was valued at USD 2.0 billion in 2023 and is projected to grow at a CAGR of 10.5% from 2024 to 2030.
• Cloud-based Dental Practice Management Software Market: The global cloud-based dental practice management software market size was valued at USD 721.0 million in 2023 and is projected to grow at a CAGR of 11.4% from 2024 to 2030.
Segments Covered in the Report
Grand View Research has segmented the dental practice management software market report based on deployment mode, application, end-use and region:
Dental Practice Management Software Deployment Mode Outlook (Revenue, USD Million, 2018 - 2030)
• On-Premise
• Web-based
• Cloud-based
Dental Practice Management Software Application Outlook (Revenue, USD Million, 2018 - 2030)
• Patient Record Management
• Appointment Scheduling
• Treatment Planning and Charting
• Digital Imaging and Radiography Integration
• Invoice/Billing
• Payment Processing
• Insurance Management
• Lab & X-Ray Orders
• Dental Analytics
• Others
Dental Practice Management Software End-use Outlook (Revenue, USD Million, 2018 - 2030)
• Dental Clinics
• Hospitals
• Others
Dental Practice Management Software Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Denmark
o Sweden
o Norway
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Thailand
• Latin America
o Brazil
o Mexico
o Argentina
• Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o UAE
o Kuwait
Order a free sample PDF of the Dental Practice Management Software Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.
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