Graphical Research

Asia Pacific Dental Practice Management Software (DPMS) Market to Surge at 13.6% CAGR by 2024: Key Players- Carestream Dental, Curve Dental, Henry Schein and Allscripts

APAC Dental Practice management software Market surpassed USD 200.0 million in 2017 and is anticipated to grow 13.6% CAGR from 2018 to 2024 owing to increasing funding activities by government and rising elderly population.

 

Pune, Maharashtra -- (SBWIRE) -- 01/18/2019 -- "Asia Pacific Dental Practice Management Software Market share based on Component, Delivery Mode, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2018 - 2024", predicted to cross USD 484.0 million by 2024, according to a new research report by Graphical Research.

Increasing awareness and emphasis on importance of oral health in Asia Pacific countries will stimulate dental practice management software market growth. Numerous initiatives are being undertaken to encourage oral check-ups. For instance, World Oral Health Day (WOHD) is observed in Asia Pacific countries in the month of March, wherein several countries including Malaysia and Australia undertake awareness campaigns. Such campaigns will spur adoption of DPMS over the forecast period.

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Rapid adoption of technological advanced software solutions will increase market size in foreseeable future. Advancements such as cloud-based software that allows ease of operation and reduces costs will propel its usage among dentists. The expanded use of digital CAD-CAM for dental prosthetics are some of the technological advancements will accelerate Asia Pacific market growth.

Lack of healthcare IT professionals owing to migration of experts to foreign nations may hamper business growth in Asia Pacific.

Scheduling module segment accounted for largest market size of USD 38.3 million in 2017. Scheduling is indispensable component of the software as it allows dentists to schedule appointments with patients. Rising demand for this component in DPMS will further aid segmental growth in forthcoming years.

Cloud-based delivery mode segment will show fastest grow at 16.6% CAGR over the forecast timeframe owing to its cost-effectiveness. Cloud-based software is subscription based that allows dental practitioners to pay monthly/annual fees. Moreover, it prevents from data theft and offers multiple location access. Aforementioned benefits will boost segmental share in recent years.

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https://www.graphicalresearch.com/industry-insights/1079/asia-pacific-dental-practice-management-software-market

Australia dental practice management software market will witness lucrative 13.3% CAGR. This growth is attributable to increasing government funding coupled with expanding dental care. For instance, the Royal Flying Doctor Service (RFDS) in Australia is estimated to improve the reach of dental services in remote areas. Similarly, the Australian government aims at improving and increasing Medicare policies. In addition, technologically advanced products such as Praktika that is portable DPMS available in Australia will favor regional growth.

Few of the established industry players in APAC dental practice management software market are Carestream Dental, Curve Dental, Henry Schein and Allscripts Solutions. Firms are adopting partnerships and collaborations for expanding market reach and customer base. For instance, in April 2017, Allscripts and Concentra expanded their collaboration to include the Allscripts Practice Management Software in its product portfolio. This software will enable to improve efficiency, productivity and result into better quality of care to patients, thus increasing company profits.

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Segments We Covered in this report:

APAC Dental Practice Management Software Market Statistics By Component
Scheduling
Patient communication
Invoice/billing
Payment processing
Insurance management
Dental charting
Others

Asia Pacific DPMS Market By Delivery Mode
On-Premise
Web-based
Cloud-based

The above information is provided for the following countries:
Japan
China
India
South Korea
Australia
Malaysia
Indonesia
Thailand
Singapore
Taiwan
Philippines
Vietnam

Browse Related Reports:

1. Europe Dental Practice Management Software Market Size By Component (Scheduling, Patient Communication, Invoicing/ Billing, Payment Processing, Insurance Management, Dental Charting), By Delivery Mode (On-premise, Web-based, Cloud-based), Industry Analysis Report, Regional Outlook (Germany, UK, France, Spain, Italy, Russia, Poland, Ukraine, Switzerland, Belgium, Austria, Czech Republic, Netherlands, Sweden), Application Potential, Competitive Market Share & Forecast, 2018 – 2024

2. North America Dental Practice Management Software Market Size By Component (Scheduling, Patient Communication, Invoicing/ Billing, Payment Processing, Insurance Management, Dental Charting), By Delivery Mode (On-premise, Web-based, Cloud-based), Industry Analysis Report, Regional Outlook (U.S., Canada), Application Potential, Competitive Market Share & Forecast, 2018 – 2024

About Graphical Research
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