The global Teledentistry market size reached USD 1019.16 Million in 2021 and is expected to register a revenue CAGR of 16.9% during the forecast period, according to a latest analysis by Emergen Research. Rising consumer preference for telemedicine consultations, technological advancements in teledentistry services and software, and increased adoption of tele dentistry services among people residing in remote areas are crucial factors driving revenue growth of the market.
The report provides an in-depth analysis of the competitive landscape, along with company profiling of key players involved in the global Teledentistry market drivers and restraints market. The authors of the report make sure to equip readers with a thorough evaluation of the vendor landscape and inform them of the current and future changes that can be expected. The competitive analysis offered in the report inspects the market share, gross margin, product portfolio, consumption, market status, and technologies of leading players controlling a significant portion of the global Teledentistry market drivers and restraints market.
Teledentistry has increased access to dental care by enabling patients and clinicians to get care via telecommunications and technology. Teledentistry also assists in attending to patient needs through modern forms of communication such as live consultations, real-time videoconferencing, and store forward consultations. As telehealth services become more widely used, they will be able to reach millions of patients in the coming years, and telecommunication via mobile health or mhealth applications is particularly beneficial to the elderly population.
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However, teledentistry systems need large investments to establish and operate, rendering them as costly options for healthcare institutions and diagnostic centers. in many underdeveloped and developing countries. Thus, budgetary constraints are expected to hamper market revenue growth to some extent over the forecast period.
Some Key Highlights from the Report
- The cloud-based segment is expected to witness the fastest revenue CAGR during the forecast period. Major companies choose cloud-based telehealth services because they are secure, accessible, and allow for faster recovery of dental clinical records of the patients. As a result, as large organizations purchase cloud-based services, data storage costs are reduced. Some companies are already storing and maintaining medical information in protected HIPAA-compliant cloud-based systems, allowing patients to obtain their test results online while also lowering expenses and enhancing patient access to their data. For instance, Denti.AI is a diagnostic cloud service based on artificial intelligence technologies such as deep neural networks and machine learning, and it provides automated diagnostics for X-ray pictures while supporting dentists in interpreting these images and detecting up to 30% more patient diseases.
- The healthcare providers segment is expected to register a steady revenue CAGR during the forecast period. Healthcare providers, particularly during COVID-19, are getting accustomed to patients' personal requirements and using teledentistry platform as an approach for tele-consultations in response to recovery efforts of healthcare services and hospitals, as well as to prevent the spread of hospital-acquired infections and other viral or bacterial infections. It also assists patients in simply avoiding referrals, reducing long waiting times for specialized dental appointments with healthcare professionals, and reducing inequities in dental care by providing dental care services to patients from a variety of socioeconomic backgrounds remotely.
- The teledentistry Market in Europe is expected to have a rapid revenue growth during the forecast period due to effective health reimbursement programs, increased government financing, and rising demand for virtual clinics and teleconsultations. For instance, medical practitioners in England are keeping in touch with their patients via phone and video consultations without having to see them in person by utilizing the National Health Service (NHS) England's Attend Anywhere platform. Furthermore, the European Commission developed and announced the EU4Health program, as part of a COVID-19 recovery response package. The goal of the project is to generate USD 5.47 Million for the digitization of the EU's health sector and to promote future cross-border health preparedness.
- Some major companies in the global market report include MouthWatch, LLC., SmileDirectClub, Dentulu, Inc., Live Dentist, Teledentix, TheTeleDentists, Koninklijke Philips N.V., Denteractive Solutions, Inc., Toothpic, and Candid Care Co.
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Emergen Research has segmented the global Teledentistry market on the basis of product type, service type, end-use and region:
- Product Type Outlook (Revenue, USD Million; 2019–2030)
- Hardware
- Software Services
- Delivery Type Outlook (Revenue, USD Million; 2019–2030)
- Cloud-based
- Web-based
- End-use Outlook (Revenue, USD Million; 2019–2030)
- Healthcare Providers
- Hospitals Clinics
- Others
- Regional Outlook (Revenue, USD Million; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of MEA
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