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Dental Practice Management Software Market to reach $2bn by 2023 PowerPoint Presentation
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Dental Practice Management Software Market to reach $2bn by 2023

Dental Practice Management Software Market to reach $2bn by 2023

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Dental Practice Management Software Market to reach $2bn by 2023

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  1. Dental Practice Management Software Market to grow at 11.2% CAGR from 2016 to 2023: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from DPMS Market: • The increasing geriatric population plays a major role in driving the Dental Practice Management Software Market revenue. • General of the United States reported that approximately 25% of the people aged between 65-75 years suffer from severe periodontal ailments. • The growing trend of digitization has encompassed the oral healthcare industry as well, unfolding a wide set of opportunities for the Dental Practice Software Management Market globally. • As per a report by Global Market Insights Inc., the global dental practice software management market is anticipated to surpass USD 2 billion by 2023. • The Asia Pacific DPSM market is estimated to witness a lucrative growth over the coming years with a CAGR estimation of 13.2% over 2016-2023. • India, which has attained the label of ‘ageing nation’ coupled with China and Japan will contribute towards majority of the APAC market share.

  3. Continued... • The regional growth can also be attributed to the rising expansion of healthcare IT solutions, demand for better medical facilities, labor scarcity, and rising health awareness amongst the population. • Moreover, the market is also gaining significance due to the rising demand to curtail the global healthcare expenditure burden. As per the estimates, the annual dental treatment expenditure accounts for approximately 4.6% of the overall healthcare industry. • Dentists worldwide are adopting the software management tools to efficiently handle their patient base, thereby maximizing their productivity. • The government is also supporting the deployment of these software tools to improve the oral healthcare access, maximize productivity, and cut down the administrative burdens. • For instance, the scheduling module, an important component of the DPSM market, held the largest share with a revenue of USD 175 million in 2015.

  4. Continued... • Another common yet important component is the Invoice/billing module, which is estimated to witness a CAGR of 11.2% over the period of 2016-2023. • The deployment of DPSM is mainly done by three methods- Web-based, On-premise, Cloud-based. • In addition, this model also curtails the IT investments and is witnessing huge adoption by the practitioners globally. Cloud based DPSM market share is estimated to record a CAGR of 14.3% over 2016-2023. • North America Dental Practice Software Management market is forecast to exceed a revenue of USD 410 million by 2023. • Key industry players currently sharing the DPSM business space are Henry Schein, Patterson Dental, Dentrix, Curve Dental, Carestream Health, Dovetail, DentiMax LLC, Quality Systems, Allscripts, Datacon Dental Systems, and Epic Systems.

  5. U.S. Dental Practice Management Software Market share, by delivery mode, 2012 - 2023 (USD Million)

  6. Browse Full Market Research Report On Dental Practice Management Software Market to grow at 11.2% CAGR from 2016 to 2023Market @ http://bit.ly/1TSu9A0 Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/463https://www.gminsights.com/request-sample/detail/49

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