Dental Practice Management Software Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Dental Practice Management Software Market Analysis

The Dental Practice Management Software Market size is estimated at USD 2.13 billion in 2024, and is expected to reach USD 3.57 billion by 2029, growing at a CAGR of 10.95% during the forecast period (2024-2029).

The COVID-19 pandemic significantly impacted the dental practice management software market. The high risk of contracting COVID-19 infection in the initial phase of the pandemic in the year 2020 was the major factor that led to a drop in the number of patients visiting dental clinics across the globe. For instance, according to an article published by American Dental Association in June 2020, the COVID-19 pandemic has significantly impacted high-contact industries, including dentistry. As a result of strict social distancing guidelines imposed by many states, dental clinics were closed. Furthermore, the American Dental Association (ADA) issued guidance in March 2020 that dental practices postpone elective procedures and only provide emergency or urgent care. This subsequently led to decreased demand for dental treatment, eventually decreasing the demand for dental practice management software, which affected the market. However, the market is gradually stabilizing as COVID-19 cases decrease, resulting in the return of the normal demand levels for dental procedures. For instance, according to an article published by the Times of India in July 2022, the dental health industry coped with increased complaints. Dentists saw a 30-40% spike in footfall at their clinics; patients were finding it tough to get appointments. Thus, an increase in dental procedures is expected to significantly impact the dental practice management software market over the forecast period.

Factors responsible for the growth of this market include the increasing incidence of dental diseases and the rising geriatric population, growing technological advancements in dental practice management software, and the surge in the need for high-maintenance amounts of medical data generated by dental practices. For instance, as per November 2022 estimates of the WHO, oral diseases affected close to 3.5 billion people worldwide, with 3 out of 4 people living in middle-income countries. Furthermore, according to the American Dental Association update, in November 2022, the global cases of oral diseases have increased by 1 billion over the last 30 years. Thus, the surge in the incidence of oral diseases worldwide leads to more patient visits to dental clinics. This, in turn, leads to the generation of a high volume of medical data, which requires management, thereby driving the demand for dental practice management software. Furthermore, according to an article published by the National Library of Medicine, in August 2022, the prevalence of periodontal disease in middle-aged and elderly individuals is high. Thus, the geriatric population showing a high prevalence of periodontal disease will increase the demand for dental practice management software in the market.

Additionally, various initiatives taken by the key market players, such as product launches, mergers, acquisitions, and partnerships, are expected to boost the market's growth during the forecast period. For instance, in October 2022, Henry Schein One, a joint venture of Henry Schein, Inc. and Internet Brands, and Smile Brands reported that Dentrix Ascend cloud-based practice management software from Henry Schein One was adopted as the exclusive dental practice management system of Smile Brands and its affiliated dental practices. Such an initiative is expected to drive the growth of the market.

Therefore, the abovementioned factors are attributed collectively to the studied market growth over the forecast period. However, a shortage of skilled IT professionals will hinder market growth over the forecast period.

Dental Practice Management Software Market Trends

Web-based is Expected to Hold Significant Share in the Current Market of Delivery Mode Segment

Dental Practice Management Software Industry Segmentation

As per the scope of the report, dental practice management software provides the tools for dentists and associated healthcare professionals to supervise their day-to-day operations. The abilities of these products include appointment scheduling, document storage and sharing, contact databases, and reporting, as well as dental history charting, patient notes, and treatment plans. They also include communication platforms for the employees within dentistry and assist with filing and tracking insurance claims. The Dental Practice Management Software Market is Segmented By Delivery Mode (On-premise, Web-based, and Cloud-based), Application (Patient Communication software, Invoice/Billing software, Payment Processing Software, Insurance Management, and Others), End User (Dental Clinics, Hospitals, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.