March 24, 2020
According to the research report titled ‘Asia Pacific Dental Practice Management Software Market Share By Component, Delivery Mode, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2018 – 2024’, available with Market Study Report LLC, Asia-Pacific dental practice management software market is expected to surpass USD 484 million by the year 2024.
Increasing awareness regarding the significance of oral health is the major factor fostering the demand for dental practice management software solutions in Asia-Pacific. Favorable government regulations which promote regular oral check-ups are also driving the market growth. Increasing utilization of advanced and cloud-based software helps in reducing cost and offers ease of operations. Rising adoption of CAD-CAM for dental prosthetics is aiding the market expansion. However, scarcity of healthcare IT professionals in the region may hinder the overall market growth.
By component type, the report states that scheduling module segment generated USD 38.3 million in 2017 and is expected to grow consistently during the forecast period. Scheduling components enable dentists to plan appointments with patients and plan their schedule.
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In terms of delivery mode, cloud-based segment is presumed to expand with a CAGR of 16.6% during 2018-2024. Cloud-based delivery is subscription based software that enables dentists to pay monthly/annual fees and protects the data from thefts.
Considering the geographical landscape, Australia dental practice management software industry will witness a growth rate of 13.3% between 2018 and 2024. Surging investments by public entities towards expansion of dental care facilities and availability of technologically advanced products are promoting the business scenario in Australia.
The prominent companies functioning in APAC dental practice management software industry are Allscripts Solutions, Henry Schein, Curve Dental, and Carestream Dental.
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