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Asia Pacific Dental Practice management software Market size was valued at USD 200.0 million in 2017 and is expected to witness 13.6% CAGR from 2018 to 2024.
China Dental Practice Management Software Market, By Delivery Mode, 2013-2024 (USD Million)
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Growing geriatric population throughout Asia Pacific region will contribute to significant dental practice management software (DPMS) market growth. As per WHO, Asia Pacific will witness fastest growth of geriatric pool in the coming years. Elderly population is prone to suffer from several oral health problems such as periodontitis, caries, edentulism and tooth decay leading to rise in dental procedures in the region. This will further fuel demand for DPMS as it enables efficient and effective dental treatment. Thus, rising elderly population across Asia Pacific should stimulate DPMS market growth in forthcoming years.
Increasing funding activities by government of certain countries in Asia Pacific region will support business growth in upcoming years. Nations including China and Australia offer funding for dental care. Such initiatives should augment industry growth in Asia Pacific.
Patient communication software segment recorded a market share of 18.1% in 2017 and is forecasted to grow at a robust CAGR over the projected timeframe. The software offers advantages including easy patient communication as well as sharing of clinical images and files in secure form. Furthermore, the dental practitioner is benefited by numerous applications such as appointment confirmations, recall reminders, e-mails and other applications thereby propelling segmental share.
Web-based DPMS accounted for largest segmental size of USD 82.5 million in 2017. High market size is attributable to low cost coupled with increased flexibility. Internet access enables easy data access through any computer. Additionally, it allows for scheduling, billing, treatment planning and imaging that increases its preference, thereby impelling segmental growth.
China dental practice management software market held approximately 21.0% market share in 2017. This can be attributed to accelerating geriatric population, funding activities for dental services and growing awareness about importance of oral health. For instance, the Smile Around the World (SAW) in partnership with Chinese Stomatological Association (CSA) introduced educational and cultural activities in China to raise awareness about oral health in the underpreviliged rural as well as urban coomunities. Such initiatives will augment business growth in the foreseeable future.
Few of the major market players in Asia Pacific dental practice management software market are Curve Dental, Carestream Dental and Henry Schein. These firms are focusing on acquisitions and mergers along with introduction of novel technologies to strengthen their market position. For instance, in December 2016, Carestream Dental launched new software solution CS Boost that allows users to access their electronic health record, practice management software and electronic services, expanding product portfolio of the company.
Asia Pacific DPMS industry will witness rapid growth in coming years following its slow adoption in past years. Rapid adoption of healthcare IT solutions, growing dental issues and increasing geriatric population will spur market growth. In addition, technological advancements coupled with oral health awareness campaigns will stimulate dental practice management software business in forthcoming years.
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