According to the latest market research study released by Technavio, the global dental practice management software market is expected to grow at a CAGR of more than 10% during the forecast period 2016-2020.
This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Click here to request a free sample of this report
Technavio research analysts categorize the global dental practice management software market based on end-user:
Global dental practice management software market shares by end-user 2015
|
Corporate dental practice |
45% |
|
Dental management service organization (DMSO) |
30% |
|
Non-profit dental practice |
20% |
|
Individual full time dentists |
5% |
Source: Technavio
The top three revenue contributing end-user segments are discussed below:
Corporate dental practices
In 2015, the corporate dental practices segment accounted for around 45% share of the global dental practice management software market. The corporate dental practices face various challenges which involve a huge amount of administrative process, need collaboration among staffs across multiple sites, and need to maintain a significant amount of patient and administrative data. So, to counter such issues, corporate dental practices adopt dental practice management software.
“The software helps corporate dental practices to streamline their administrative processes such as scheduling, appointment management, treatment planning, and clinical charting. Besides these, it also assists in patient reminders, billing and accounting, manage their patient records and compliance and increases the operational efficiency of the practice. Such advantages compel the corporate dental practices to adopt the dental practice management software from key vendors,” says Ishmeet Kaur, an industry expert at Technavio for research on enterprise application.
DMSO
The DMSO provides support in decision-making, which is related to the management of various activities of a dental practice that do not involve the legal practice of dentistry. DMSOs perform various activities such as practice analytics, staff management, patient flow and revenue cycle management, fee setting, dental supplies and equipment purchases, and marketing. They adopt dental practice management software to manage all their administrative processes such as scheduling, staff management, treatment planning, patient data management, patient registration, insurance estimation and claims, patient recall management, and revenue cycle management.
Non-profit dental practices
Non-profit dental practices offer free or low-cost dental treatment to people with low-income or have no insurance. They aim to provide low-cost dental treatment without compromising the quality of the service, for which they must reduce their operational cost. Dental practice management software helps them reduce their operational costs through various means such as reduce the use of paper, integration of 3D imaging and X-rays by digital imaging capabilities, which in turn reduces unnecessary equipment costs. Moreover, treatment planning and scheduling capabilities help them reduce waiting time and increase the efficiency of chair utilization for each dentist. Hence, by reducing the operational cost and improving the operational efficiency of dental practices using dental practice management software, non-profit dental practices can deliver high-quality dental care at low cost or free of cost.
The top leading vendors operating in the global dental practice management software
market are:
- ACE Dental
- Carestream Health
- Curve Dental
- Datacon Dental Systems
- DentiMax
- Henry Schein
- MacPractic
- MOGO
- Practice-Web
Other prominent vendors in the market include ABELDent, ADSTRA Systems, Axex Dental, Dentisoft Technologies, EZ 2000, Gaargle Solutions, iDentalSoft, Patterson Dental Supply, Planet DDS, Quality Systems, Suzy Systems, Total Dental, Umbie Dentalcare, and XLDent.
A more detailed analysis is available in the Technavio report titled, ‘Global Dental Practice Management Software Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Dental Diagnostics and Surgical Equipment Market 2016-2020
- Global Dental Prosthetics Market 2016-2020
To read more press releases- click here.
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
