In the modern world technology advancement is taking place in every field, the healthcare industry almost has been changed with the digital system help. Dental practices rely on their practice management software to manage everything ranging from patient scheduling and documentation, to insurance claims. There are several responsibilities and formalities a hospital/clinic does perform every day, but the digital reporting system made it quite easier & simpler. Dental Software is one of the best practice management system helps in automating the entire hospital/clinic. In the digital era, thousands of dentists are using Dental Software to manage dental practices paperless and transforming clinical activities for betterment.
The increasing ageing population has opened new avenues of growth opportunities for service providers in the oral healthcare industry. According to data published by World Population Prospects: the 2017 Revision, the population of older people, over 60 years, is expected to get doubled by 2050. It is anticipated to augment the oral healthcare industry. Thereby it is likely to boost the adoption of dental practice management software in the industry. Moreover, rising focus on oral health and favorable government initiatives will drive the global dental practice management market growth.
Months after it was first detected in china, the effects of the on-going coronavirus are increasingly being felt across the globe. The widespread disruption caused by the coronavirus has impacted many industries including dental market. New data from Sikka Software, compiled from over 9,000 opt-in dental practices, shows that average patient visits declined by 81% the week of March 22nd versus the week of March 8th. The impact to dental production is even more dramatic, with the average dental practice down 83% over two weeks. Many companies are facing the heat of lockdown due to COVID 19 pandemic. The dental world’s biggest companies like Straumann have announced the drop in sales. For instance, the Straumann Group CEO, Guillaume Daniellot, announced that the outbreak was likely to dent its sales in the Asia Pacific (APAC) region in the first quarter of 2020 by at least CHF 30 million. And Dentsply Sirona, another giant of the dental business, recently predicted that its sales in the Chinese, Japanese, South Korean and Taiwanese markets would fall by a cumulative USD 60–70 million in the first quarter of this year.
The report analyses the global Dental Practice Management Software market component, delivery mode and geography.
Dental practice management software components includes scheduling, patient communication, invoicing/billing, payment processing, insurance management and dental charting. Now a days, patients expect to be able to book appointments immediately online. By enabling patients to schedule appointments online, you’ll be able to have patients book appointments 24/7, instead of only during business hours. According to LocalMed and Zocdoc, which are popular online appointment scheduling systems for dentists, roughly 45% of appointments scheduled through their systems are booked outside of business hours. This means that by forcing patients to call your office in order to make an appointment, you may be missing out on many patients. In addition, by having your staff spend less time on the phone, they can focus on other tasks, and on providing the best patient experience possible.
The major end users of the market are Hospitals/Dental Clinics, Dental Laboratories, and Academic/Research Institutes
The Dental Practice Management Software market is studied for the key regions including North America, Europe, Asia Pacific and Rest of the World. Asia Pacific is anticipated to be the fastest-growing region over the forecast period attributed to the growing economy in countries such as China and India coupled with the increasing disposable income. Moreover, the presence of large untapped opportunities and improving healthcare infrastructure, increasing ageing populace in Asian countries such as Japan offers untapped opportunities for the growth of the market and increasing consumer purchasing power and patient awareness levels are some major factors likely to drive regional market growth over the forecast period.
Key players operating in this market Antonio Matachana, Biolab Scientific, Flight Dental systems, Fona Dental, Henry Schein, Labocon, MELAG Medizintechnik Ohg, Midmark Corporation, Raypa, Steelco S.p.A., Thermo Fisher Scientific and Tuttnauer among others.
December 2019: Curve Dental announced its partnership with The Dentists Supply Company, an online dental supply company. The partnership has been focused on the utilization of a more modern and technological approach for changing the older and less efficient industry business models.
July 2019: NextGen Healthcare partnered with OptimizeRx, a platform for digital health messaging in the pharmaceutical industry. The partnership enables the users of NextGen® Enterprise, a comprehensive suite of technology solutions, with the access of OptimizeRx’s real-time cloud-based platform.
July 2019: Henry Schein acquired Elite Computer Italia S.r.L. (Elite), a full-service software company, which delivers state-of-art practice management solutions to dental laboratories and dental practices in Italy. The acquisition complemented Henry Schein One's strategy to deliver integrated technology platforms for helping the dental teams in becoming more productive and improving each stage of the patient experience. The acquisition also helped Henry in expanding its footprint to Italy.
The report analyses the global Dental Practice Management Software market component, delivery mode and geography. Dental practice management software components includes scheduling, patient communication, invoicing/billing, payment processing, insurance management and dental charting. The major end users of the market are Hospitals/Dental Clinics, Dental Laboratories, and Academic/Research Institutes. The Dental Practice Management Software market is studied for the key regions including North America, Europe, Asia Pacific and Rest of the World.
Key players in the global market include Antonio Matachana, Biolab Scientific, Flight Dental systems, Fona Dental, Henry Schein, Labocon, MELAG Medizintechnik Ohg, Midmark Corporation, Raypa, Steelco S.p.A., Thermo Fisher Scientific and Tuttnauer among others.
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