The global dental practice management software market revenue is expected to expand at a moderate CAGR over the forecast period. Increasing technological advancements in healthcare industry, improved healthcare insurance coverage, and government initiatives are the major factors expected to drive growth of the global market over the forecast period.
The global dental practice management software market report has been segmented on the basis of deployment mode, application, and region. On the basis of deployment mode, the target market is segmented into web-based, cloud-based, and on-premise. The web-based deployment segment is expected to account for significant share in terms of revenue over the forecast period, owing to its factors such as cost-effectiveness, high security, and large storage capacity. On the basis of application, the target market is segmented into scheduling, payment processing, patient communication, insurance management, invoice/billing. The invoice/billing software application segment is expected to register highest CAGR over the forecast period, owing to its automatic record keeping of payments and billings, easy way of payment, auto filing dental claims, and improve efficiency of processes.
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Based on the region the global dental practice management software market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is estimated to account for highest share in terms of revenue over the forecast period, owing to product innovation, government investments to develop healthcare infrastructure, and adoption of new technologies in various countries in the region. The market in Asia Pacific is expected to account for significant CAGR in terms of revenue over the forecast period, owing to increasing healthcare infrastructure and medical tourism in various countries such as China, India, and Japan in this region.
Key players operating in the global dental practice management software market include Patterson Companies, Inc., Henry Schein, Inc., Carestream Dental LLC., NextGen Healthcare Information Systems, LLC., DentiMax, LLC., Practice-Web Inc., ACE Dental Software, Open Dental Software, Planet DDS, Inc., and MOGO, Inc.