Dental Practice Management Software Market size worth $2bn by 2023 Dental Practice Management Software Market size is projected to reach USD 2.2 billion by 2023; as per a new research report by Global Market Insights, Inc. APAC offers strong growth potential, driven by India, China and Japan dental practice management software market share, and may see revenue of more than USD 420 million by 2023. The region shows vast presence of dental patient base owing to its large geriatric population. Due to association of various co-morbid conditions with dental disorders in such population, the level of awareness regarding dental check-up is increasing. In addition to this government support, favorable ecosystem, and improving healthcare facilities aimed at providing more number of patients access to healthcare facilities at an affordable rate should boost the regional dental practice management software space.
U.S. dental practice management software market size target revenue by 2023 exceeds USD 800 million. U.S. Federal government is also encouraging private insurers and large employers to facilitate adoption of HIT in the form of electronic medical records and practice management software to curtail the rising cost of healthcare. Various health insurance providers have been offered incentive program for medical groups and physicians to use electronic health records in compliance with the meaningful use requirements. Growing awareness regarding importance of oral health, rising geriatric population globally, technological advancements in practice management solutions, and government support for adoption of healthcare IT is likely to drive global dental practice management software market share. Modern dental practice has evolved a long way over the years from the use of a paper appointment book and ledger cards to track the financial health of the practice to the adoption of digital solutions in the form of software.
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