Growing expansion and revolution in the healthcare IT sector will stimulate the dental practice management software market, which is predicted to collect a revenue of 2 billion by 2024, says a new report available with MarketSizeForecasters.com. Increasing consciousness among the people regarding oral health hygiene across the globe will generate lucrative opportunities for the dentists, which, in turn, will boost the demand for dental practice management software market.
Invoicing/ billing, patient communication, electronic claims, payment processing, dashboard, and scheduling are the few of the important components of dental practice management software industry. Invoicing/billing component is anticipated to exhibit a CAGR of 11% over the coming seven years. The growth can be attributed to the growing awareness among the people about the oral health. Scheduling was the dominant component dental practice management software market segment, which exceeded a revenue of USD 175 million in 2015 and is forecast to grow at a CAGR of 11.5% over 2016-2024.
Taking into account the deployment mode, dental practice management software market is primarily divided into web-based, on-premise, and cloud-based. Web-based software collected the highest revenue of more than USD 390 million in 2015. Cloud-based dental practice management software industry is expected to record a growth rate of 14% over the period of 2016 to 2024, primarily driven by the increasing demand for patient-centric models and hassle-free data access globally.
Considering the regional landscape, Europe dental practice management software market will record an annual growth rate of 10% over the coming years of 2016 to 2024, prominently driven the countries such UK, Spain, France, Germany, and Italy, which have accounted for 90% of the overall regional contribution.
North America dental practice management software industry dominated the global market share by accounting for 45% of the overall volume in 2015 and will collect a lucrative revenue over the coming timeframe. The growth can be attributed to the growing implementation of the software assisted health record and billing process. U.S will contribute noticeably towards the regional growth. The dental practice management software is prominently used across the U.S., owing to the Health Information Technology for Economic and Clinical Health Act (HITECH Act) which is significantly supporting the expansion of healthcare IT. Buy a copy of this latest dental practice management software market research at https://marketsizeforecasters.com/securecheckout/paymenta/11804?msfpaycode=sumsf .
Asia Pacific dental practice management software market size is predicted to register a CAGR of 13% over the coming seven years. India and China will be the emerging revenue pockets for APAC. South Korea, Japan, Australia, and Singapore will further contribute considerably towards the regional share.
Curve Dental, Patterson Dental, Inc., Dentrix, Henry Schein, Inc., and Carestream, DentiMax LLC, Epic Systems Corporation, Allscripts Healthcare, Quality Systems, Inc., and Datacon Dental Systems are the major industry giants in dental practice management software market. Complete report of 85 pages, supported with 65 tables & figures as well as comprehensive table of contents for this dental practice management industry report is available at https://marketsizeforecasters.com/dental-practice-management-software-market .