Global teledentistry industry expected to reach $4.8 billion by 2030 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Teledentology Market Size, Share and Trend Analysis Report by Component (Software & Services, Hardware), By Delivery Mode (Cloud-Based, Web-Based), By Application, By End Use, By Region & Segment Forecast, 2022-2030″ report has been added to from ResearchAndMarkets.com offer.
The global teledentistry market size is expected to reach USD 4.80 billion by 2030, according to this report. The market is expected to grow at a CAGR of 16.13% from 2022 to 2030.
Koninklijke Philips NV
Align Technology, Inc.
Denteractive Solutions Inc.
Virtual Smile LLC
Direct straight teeth
The increasing penetration of internet and smartphones in dental applications is one of the major factors increasing the growth of the industry. Furthermore, growing geriatric population and growing adoption of teledentistry solutions among them owing to their convenience and cost-effectiveness are the major factors expected to fuel the growth of the industry over the projected period.
To curb the spread of the COVID-19 pandemic, the government of various countries have declared complete shutdowns and travel restrictions, halting the majority of dental procedures. Dentists around the world have incorporated several measures to help minimize infection transmission and continue dental practices.
One of the main measures has been the use of virtual dentistry. These have enabled patients to benefit from dental care by consulting the best dentists remotely. Moreover, government support for the implementation of virtual dental practices is improving the use of teledentistry among people. Therefore, the COVID-19 pandemic has had a significant impact on the growth of the industry.
The prevalence of oral diseases is increasing and this disease is considered to be one of the most common ailments in the world. According to a report published by the WHO on May 15, 2022, almost 2 billion people suffer from cavities of permanent teeth and 520 million children have primary cavities. Hence, regularly visiting a dentist to maintain oral health is a major factor in driving the growth of the market. Additionally, increasing disposable income in developing economies is driving the adoption of cosmetic dentistry, further fueling the growth of the industry.
Highlights of the Teledentology Market Report
The software components and services segment accounted for the largest share of revenue in 2021 thanks to a large number of solutions launched by key market players. Also, advanced features such as streamlining communication facilities with wireless technologies are driving growth.
By delivery mode, the cloud-based segment is expected to register the fastest growth rate over the projected period due to its wide adoption among digital dentistry owing to its most extensive security and storage possibilities. .
By application, the teleconsultation segment accounted for the largest revenue share in 2021, as the COVID-19 pandemic increased the use of teledentistry for major dental consultation services. Moreover, the large number of dentists available for oral health consultation increases the growth opportunities of the segment
By end use, the provider segment held the largest revenue share of more than 45.0% in 2021. Dental providers are highly accustoming to patients’ personal dental care needs through virtual sessions during pandemics. This allows providers to avoid long wait times for patients and reduce nosocomial infections
North America held the largest revenue share of over 35.0% in 2021. This is due to technological advancements in the region to implement virtual dental care and the presence of large market players operating in the region.
The market is relatively competitive due to the presence of major players. The various strategic initiatives implemented by the companies such as collaborations, acquisitions, partnerships, and product launches are contributing significantly to the growth of the market
Main topics covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Teledentology Market Variables, Trends and Scope
3.1 Market Lineage Prospects
3.1.1 Parent Market Analysis
3.1.2 Auxiliary Market Analysis
3.2 Mapping Penetration and Growth Prospects, by Component, 2021
3.3 Teledentology Market Dynamics
3.3.1 Market Driver Analysis
3.3.2 Market Constraints Analysis
3.4 Teledentology Market Analysis Tools: Porter’s
3.4.1 Bargaining Power of Suppliers:
3.4.2 Bargaining power of buyers:
3.4.3 Threat of Substitutes:
3.4.4 Threat of new entrants:
3.4.5 Industry Rivalry:
3.5 Pestel analysis
3.6 Regulatory framework
3.7 Insurance reimbursement
3.8 Technology Overview (Emerging Trends Analysis)
3.9 Market Opportunity Analysis
3.9.1 Unmet needs
3.10 Covid-19 impact analysis
Chapter 4 Teledentistry Market – Competitive Analysis
4.1 Categorization of market participants
4.1.1. Company market position analysis, heat map analysis
4.1.2. Synergies analysis: major transactions and strategic alliances
4.1.3 Detailed list of players
Chapter 5 Teledentistry Market: Segment Analysis, by Component, 2017-2030 (USD Million)
Chapter 6 Teledentistry Market: Segment Analysis, by Delivery Mode, 2017-2030 (Million USD)
Chapter 7 Teledentistry Market: Segment Analysis, by Application, 2017-2030 (Million USD)
Chapter 8 Teledentistry Market: Segment Analysis, by End-Use, 2017-2030 (Million USD)
Chapter 9 Regional Estimates and Trend Analysis, 2017 – 2030 (Million USD)
Chapter 10 Teledentistry Market- Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/g4lwh7