The North American Dental Software Market is expected to be a very dynamic market and is expected to witness high growth in the coming years. The demand for dental software is dignified by improving process quality, patient satisfaction and speeding up the process for the treatments provided by dental organisations, dental institutes and dental organisations. Technological Advancements is the main factor which is supporting the growth of the dental software industry. 21st century is witnessing new developments in the industry of dental every day in various aspects. Moreover, North America dental industry has been evaluated as more than US $150 billion in the year 2015 and is growing with the CAGR rate of more than 3% per annum. As this industry is growing rapidly, because of heavy demand, the market of products and services which are related to the dental industry is also growing and dental software are very important part of the overall dental industry. As this industry is growing, it will also grow the market of dental software industry.
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Dental Software is a computer technology used by dental professionals, dental laboratories, dental academic and research institutes, and forensic laboratories for the diagnosis, prevention, treatment, research, and investigation of oral health conditions.
Dental software has been introduced in the year 1980s, since then, few dentists can say they have a truly “paperless” office. Practice management software’s such as Dentrix, Carestream Health, and DentiMax have seen widespread adoption, but fewer dentists use software for charting or clinical documentation.
According to American Dental Association, in 2013, 73.8 percent of solo practitioners and 78.7 percent of group practitioners are using dental software’s to keep electronic dental records. Looking at the data though reveals that just 14.3 percent of solo practitioners and 15.9 percent of group-based practitioners are actually using digital charts or documenting patient notes electronically.
Based On Product Type:
- Dental imaging
- Practice Management
Based On By Application:
The key players that are involved in North America Dental Software market are Carestream Health, Inc.Abeldent, and ACE Dental, Denti Max, Dexis, Henry Schein Dental, Open Dental, Sirona Dental Systems, Clear Dent and others.
North American Dental Software Market – Competitive Analysis
ABELDent Inc. (U.S.A.), Carestream Health (U.S.A.), Imageworks Corporation (U.S.A.), DentiMax, LLC. (U.S.A.), Datacon Dental Systems (U.S.A.), QSI Management, LLC (U.S.A.), Epic Systems Corporation. (U.S.A) and others are some of the prominent players at the forefront of competition in the North America Dental Software Market and are profiled in MRFR Analysis.
The market for dental software is characterised by the presence of several well-established and small players, the global market of dental software appears to be highly competitive and fragmented. Major players are increasingly expanding their footprint in the emerging nations, making it putting pressure on the regional players, especially in terms of features such as type, product portfolios, and pricing. The market is witnessing intensified competition which is expected to get more intensified further during the forecast period. The key players in the industry are adopting to compete with one another directly and indirectly with other ecosystem players.
The market players have adopted the strategy of bringing in new updates and patients in the market, the key player involved in this strategy are Henry Schein, and other. New product launches was the second most widely adopted strategy which was adopted by the key market players. The number of key market player involved in mergers and collaborations are DEXIS, SIRONA Dental and Carestream in the North American Dental Software.
Companies like Henry Schein and Dexis combined their software’s, where Henry Schein’s software is practice management and Dexis’s software is an imaging tool. This merger allows the professionals to save time and perform multiple tasks simultaneously. For instance, in May 2016, The company integrates its products with Dentrix that is practice management software of Henry Schein.
Companies for dental software are rising with a steady pace and have their own product that is the reason there are less encouraged for collaboration. But companies like Henry Schein have huge products and software that have the power to collaborate with dental industries i.e. an advantage for the software products. For instance, in March 2016; the company announces its integration agreement with both Yodle’s Lighthouse 360 and Solution reach that provides professionals with easy patient management relationship. Moreover, in January 2016, the company announced agreement to gain RxWorks,Inc., a provider of veterinary practice management software to costumer in Australia, New Zealand, the UK and the Netherlands, etc.
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