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

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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
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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.

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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.

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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.

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

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Practice Management Software Market to grow at
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