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Growing number of dental disorders coupled with rising oral awareness will stimulate dental practice management software (DPMS) market growth over the forthcoming period.
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Europe Dental Practice Management Software (DPMS) Market to reach $690 mn by 2024: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
Key Insights from Europe DPMS Market : • Graphical Research says, Dental Implants Market in Europe Dental Practice Management Software Market to hit $690 mn by 2024. • Rising geriatric population will spur DPMS revenue size over the forecast period. Elderly population is highly vulnerable to various dental disorders. According to World Health Organization (WHO), the prevalence rate of edentulism in European population aged 65 to 74 years is 20-50%. • Technological advancements in dental practice management software (DPMS) is another major factor driving industry growth. Advancements such as cloud-based software that offer enhanced benefits is poised to increase customer preference. • However, dearth of skilled professionals for operating technologically advanced dental practice management software will hamper business growth over the coming years. • Patient communication component segment will grow at a remarkable 10.9% CAGR over the forecast timeframe. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
Continued... • Web-based segment accounted for largest share and is forecasted to grow at 10.4% CAGR over the forecast timeline. Web-based delivery mode offers greater flexibility and convenience to dental users. It includes all the components necessary for efficient functioning including reporting, billing, scheduling, treatment planning, and other components. • UK dental practice management software market will grow at significant rate of 11.4% CAGR owing to increasing number of advanced technology software in the country. UK offers various dental practice courses for practitioners. Moreover, rising elderly population should impel market growth during the forecast timeframe. • Some of the established market players in Europe dental practice management software market are Curve Dental, Carestream, Henry Schein and Patterson Companies. Industry players are focusing on geographic expansion and partnerships for enhancing market reach. For instance, in February 2018, Curve Dental and Battery Venture signed an agreement for equity investment. The strategy aimed to encourage product innovation, provide best quality services and accelerate growth. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
Europe DPMS Market ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
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