The global dental software market has been examined as a swiftly growing market and is expected to grow at a tremendous rate. The Global Dental Software market is expected to witness high growth in the coming years. The demand for dental software is dignified by improving process quality, patient satisfaction and speeding up the process for the treatments provided by dental organizations, and dental institutes. Forecast indicators are categorized into four major heads that are drivers, opportunities, threats, and restraints. There are various factors and opportunities which help the dental software market to grow but there are some factors which are against the market and hampering the growth and development of the industry. The factor which may hamper the growth of the dental software market is the complexity of the dental software which is not accessible by everyone, and the price of the dental software which is not affordable by all dentists, and dental clinics. Globally, the market for Dental Software is expected to grow at 8.0% GAGR (2016-2027).
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Major Players in Global Dental Software Market
The major players of this market are: ABELDENT INC., DENTIMAX LLC., CARESTREAM HEALTH, INC, ACE DENTAL SOFTWARE, DATACON DENTAL SYSTEMS, DEXIS, LLC, GENDEX DENTAL SYSTEM, HENRY SCHEIN, INC, IMAGEWORKS CORPORATION, OPEN DENTAL SOFTWARE INC, PLANMECA OY, SIRONA DENTAL SYSTEMS, INC, CONSULT-PRO, PATTERSON DENTAL, MEDICLOUD and many others.
Regional Analysis
Considering the global dental software market, there are four main regions North America, Europe, Asia Pacific and Middle & Africa. North America, Europe, Asia-Pacific and Middle & Africa. The market is estimated at $1,662.1 million in 2015 and expected to reach at $4,185.5 million by 2027 at the rate of 8.0% from 2016-2027.
North America holds 48.75% market share of Global Dental software market by application which is expected to reach $1,772.1 million by 2027.
The European Dental software market is expected to expand continuously due to rising demand of cosmetic dentistry as well as its increasing awareness of treatment in the countries. The European dental software market expected growth for forecasted period at a CAGR of 8.4%.
Globally, Asia Pacific Dental Software market is one of the fastest growing regions. The Asia Pacific market comprises of mainly two regions; Asia market and Pacific market. The Asian market includes countries like Japan, China, India, South Korea and rest of Asia Pacific.
In Asia-Pacific there is wide range of opportunities for Dental Software market due to the presence of developing countries. The developing countries in this region are widely adopting newer technologies for ease of work. The Asian dental software market expected to be the fastest growing market at a CAGR of 8.8%
Globally, the Middle East & Africa region for Dental Software market is developing with a steady pace, Africa dental software market is expected to grow at a CAGR of 8.3%.
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Segmentation
The global dental software market has been segmented on the basis of types, application, end user, and deployment.
The global dental Software market has been segmented on the basis of types which comprises of practice management software, patient communication software, treatment planning software, patient education software, and dental imaging software. Practice management software accounted for the largest market share registering 80.0% of market share in 2015
Whereas, on the basis of application the market is segmented into clinical application and administrative. Globally clinical application segment commands the largest market share by application in 2015.
Furthermore, on the basis of deployment the market is segmented into on-premise model, and web-based/ cloud-based model. On the basis of end user, the market is segmented into hospitals & clinics, academics & research institutes.
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