Dental Practice Management Software Market Size, Share & Trends Analysis Report By Deployment Mode (On-premise, Web-based, Cloud-based), By Region, And Segment Forecasts, 2019 - 2026

Industry Insights

The global dental practice management software market size was valued at USD 1.6 billion in 2018 and is estimated to expand at a CAGR of 10.0% over the forecast period. Market growth can be attributed to ongoing technological developments in the field, rising geriatric population globally, and favorable government initiatives in the oral healthcare industry.

The Health Information Technology for Economic and Clinical Health Act (HITEC) is practiced under title XIII of the American Recovery and Reinvestment Act of 2009. The act promotes and accelerates the adoption of health information technology in U.S. The U.S. Department of Health and Human Services spent USD 25.9 billion to promote the healthcare IT sector. The act is implemented to improve healthcare delivery and provide quality service to patients. Furthermore, it is anticipated to increase insurance coverage in the country. All the above-mentioned factors are expected to increase demand for dental services and thereby drive demand for dental practice management software in the coming years.

According to the National Institute on Aging, in 2010, about 524 million people were 65 years or older, which is about 8.0% of the global population. By 2050, the number is anticipated to reach approximately 1.5 billion, which is roughly 16.0% of the global population. There is a direct link between increasing aging population and surge in oral healthcare services, a factor that is expected to benefit the market in the near future.

Deployment Mode Insights

The web-based segment held a majority share in 2018 owing to its lower price, high security, greater number of industry players, instant software updates, and unlimited storage capacity. This mode of deployment also provides universal access to patient database. The segment accounted for a share of over 50.0% in the global dental practice management software market in 2018.

However, the cloud-based segment is gaining popularity as it provides a more secure patient database. In addition, increasing competition is likely to decrease the prices of these systems. In June 2013, Gaargle Solutions Inc., a Canada-based company launched Dovetail, a mobile EMR and cloud-based practice management software for dentists.

Development and commercialization of updated versions of existing software, which are easier to use, is likely to boost demand during the forecast period. For instance, in November 2017, DentiMax, Inc. released the 18th version of its flagship dental practice management software. DentiMax 18 is more powerful, graphical, with new paperless enhancements, and smoother than previous versions.

Partnerships and acquisitions to migrate to cloud are expected to increase the market of cloud-based software. For instance, in December 2017, Planet DDS, a cloud-based software provider in U.S., announced a partnership with Advanced Dental Management (ADM). Through this partnership, ADM gained a global view of practice operations, centralized reporting, and anywhere-anytime access to information through a web browser. Denticon, a Planet DDS software, is a flexible, powerful, cloud-based practice management software popular across the U.S.

Regional Insights

The global market can be segmented on the basis of geography into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. Accounting for a share of close to 42.0% in 2018, North America emerged as the dominant regional market in terms of revenue.

Local presence of major industry players, such as Henry Schein; Patterson Companies.; Carestream Dental; Curve Dental; Practice Web; NextGen Healthcare Information Systems, LLC; athenahealth; and DentiMax, LLC, has propelled the growth of the regional market. In 2015, Henry Schein observed an increase of 2.8% in its technology and value-added solution’s net sales as compared to the previous year.

Asia Pacific is expected to emerge as the fastest growing region over the forecast period. Improving oral healthcare structure, growing investments by healthcare IT companies in the region, and improving economic conditions are facilitating the high demand.

India, China, Japan, Australia, and Korea are key contributing countries in the region. Henry Schein entered into the Japan market by investing in Iwase Dental Supply Inc. in 2014. Furthermore, with continuous development of technology, presence of highly skilled dentists, and extensive adoption of digital dentistry, Singapore has become a hub for dental innovations. 

Dental Practice Management Software Market Share Insights

Some of the key players in the market are Patterson Companies, Inc.; Henry Schein, Inc.; Carestream Dental; NextGen Healthcare Information Systems, LLC; DentiMax, LLC; and Practice Web, Inc. These companies provide a wide range of solutions with customized modules for clinics of all sizes.

Various innovative technological solutions and mergers and acquisitions contribute to the large share captured by a few industry giants. For instance, in February 2016, Henry Schein entered into an agreement to acquire Dental Cremer S.A., which is a distributor of equipment and supplies in Brazil. In February 2014, the company also acquired five of Arseus NV’s businesses in three European countries. The businesses include practice management software companies and distributors for dentistry products in France.

In November 2017, DentiMax released DentiMAx 18, an upgraded version of practice management software. This software is more powerful, has better graphics, and is easier to use than the company’s previous versions. In April 2018, Patterson Dental launched a new cloud management software-Fuse-to aid dental professionals in connecting reports and scheduling patients. In August 2017, the company entered into a distribution agreement with Align Technology, Inc. pertaining to its iTero Element intraoral scanning system. This strategic initiative expanded the CAD/CAM product portfolio of Patterson with iTero scanner’s proven digital technology.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis on latest industry trends in each of the sub-segments from 2015 to 2026. For the purpose of this study, Grand View Research has segmented the global dental practice management software market report based on deployment mode and region:

• Deployment Mode Outlook (Revenue, USD Million, 2015 - 2026)

  • Web based

  • Cloud based

  • On premise

• Regional Outlook (Revenue, USD Million, 2015 - 2026)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

  • Asia Pacific

    • Japan

    • China

  • Latin America

    • Brazil

  • MEA

    • South Africa