The Global Dental Practice Management Software Market is projected to reach $4.64 billion by 2028, from a value of $2.31 billion in 2022, by registering a CAGR of 12.3% during the forecast period. Increasing geriatric population, rising government and venture capital funding, growing popularity of patient communication software, rising adoption of IT-enabled services in healthcare, greater awareness and focus on oral health, and Novel developments by industry conglomerates are the major factors propelling the growth of the market. However, shortage of skilled IT professionals required for providing service and support to the dental practice management software retailers is hampering market growth. Moreover, rising need for cost containment and accelerating technological advances in developed regions are creating ample opportunities across the globe.
Recent Developments
In February 2022, Carestream Dentals Software-as-a-Service, Sensei Cloud has launched new features that could allow dentists to foster their practices and offer improved and more effective patient care. These new features can be plugged into a virtual cloud environment and will help the existing software by elevating the product line that will now include Sensei Imaging, which is a cloud-based dental imaging system.
In February 2022, Dataphiles, the software solutions firm has expanded its alliance with Infobip, the cloud communications provider by deploying the latters complete SaaS portfolio to offer patients dental experiences across various channels such as SMS, email, and LiveChat. Infobips Answers, an advanced chatbot-building solution will also be used to allow the dental practices to connect with customers through sophisticated automation.
In June 2021, Curve Dental has partnered with Dental Intelligence to receive access to LocalMed, a web-based scheduling system. This partnership aims to make it easier for dental businesses to use Curve Dental’s practise management software, which allows patients to confirm appointments virtually. The company will gain a competitive edge as a result of this strategic action.
In May 2021, Henry Schein has announced the addition of Dental and Medical Patient Records to their axiUm Dental Software. The new Consistency of Care module improves electronic health record interoperability and information exchange across dentistry and medicine. This strategic approach will enable the organisation to provide a higher-value service to its target market than industry competitors.
Competitive Landscape
Athenahealth, Allscripts Healthcare Solutions, Datacon Dental Systems, Henry Schein, Inc., MOGO, Inc., Curve Dental, Epic Systems Corporation, Dentisoft Technologies, Carestream Dental, ACE Dental Software, Compudent Systems Inc., NextGen Healthcare, Inc., Patterson Companies Inc, Dovetail Dental Software, Envista Holdings, Quality Systems Inc, DentiMax LLC, Planet DDS, Benco Dental Supply Company, and Dataphiles Ltd are some of the major players in the global Dental Practice Management Software market.
