The Worldwide Teledentistry Industry is Expected to Reach $4.8 Billion by 2030 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Sep 30, 2022--

The "Teledentistry Market Size, Share & Trends Analysis Report by Component (Software & Services, Hardware), by Delivery Mode (Cloud-based, Web-based), by Application, by End-use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

The global teledentistry market size is expected to reach USD 4.80 billion by 2030, according to this report. The market is anticipated to expand at a CAGR of 16.13% from 2022 to 2030.

Companies Mentioned

• Koninklijke Philips N.V.
• Align Technology, Inc.
• SmileDirectClub
• MouthWatch, LLC
• Dentulu, Inc.
• Denteractive Solutions Inc.
• Toothpic
• Smile Virtual LLC
• Virtudent, Inc.
• Straight Teeth Direct

The increasing penetration of the internet and smartphones in dental applications is one of the primary factors augmenting the industry growth. Furthermore, the rising geriatric population and the growing adoption of teledentistry solutions among them due to their convenience and cost-effectiveness are the key factors expected to fuel the industry growth during the projected period.

To curb the spread of the COVID-19 pandemic, the government of various countries declared complete lockdowns and travel restrictions, thereby halting the majority of dental procedures. Dentists around the world incorporated several measures to help minimize infection transmission and continue dental practices.

One of the major measures was the use of virtual dentistry. These enabled patients to benefit from dental care by remotely consulting with top dentists. In addition, the support from the government in implementing virtual dental practices is enhancing the usage of teledentistry among people. Hence, the COVID-19 pandemic has significantly impacted industry growth.

The prevalence of oral diseases is increasing and this disease is considered to be one of the most common conditions globally. According to a report published by the WHO on May 15, 2022, nearly 2 billion people suffer from caries of permanent teeth and 520 million children have primary teeth caries. Hence, consulting a dentist on a regular basis to maintain oral health is a major factor in boosting the growth of the market. In addition, increasing disposable income in developing economies flourishes cosmetic dentistry adoption, which is further fueling industry growth.

Teledentistry Market Report Highlights

• The software and services component segment accounted for the largest revenue share in 2021 owing to a large number of solutions launched by key players in the market. In addition, the advancing features such as streamlining communication facilities with wireless technologies are boosting the growth
• By delivery mode, the cloud-based segment is expected to register the fastest growth rate during the projected period owing to its wide adoption among digital dentistry due to its safety and widest storage feasibilities
• By application, the teleconsultation segment accounted for the largest revenue share in 2021 as the COVID-19 pandemic has increased the usage of teledentistry for major dental consultation services. In addition, the large number of dentists available for oral health consultation is increasing the opportunity for segment growth
• By end-use, the providers segment held the largest revenue share of over 45.0% in 2021. Dental providers are getting highly accustomed to patients' personal dental care needs through virtual sessions during pandemics. This enables the providers to prevent long waiting times for patients and reduces hospital-acquired infections
• North America held the largest revenue share of more than 35.0% in 2021. This is owing to the 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 owing to the presence of major players. The various strategic initiatives implemented by companies such as collaborations, acquisitions, partnerships, and product launches are significantly contributing to the growth of the market

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Teledentistry Market Variables, Trends & Scope

3.1 Market Lineage Outlook

3.1.1 Parent Market Analysis

3.1.2 Ancillary Market Analysis

3.2 Penetration And Growth Prospect Mapping, By Component, 2021

3.3 Teledentistry Market Dynamics

3.3.1 Market Driver Analysis

3.3.2 Market Restraints Analysis

3.4 Teledentistry 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 Trend 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 Market Participant Categorization

4.1.1. Company Market Position Analysis, Heat Map Analysis

4.1.2. Synergy Analysis: Major Deals & 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 (USD Million)

Chapter 7 Teledentistry Market: Segment Analysis, By Application, 2017 - 2030 (USD Million)

Chapter 8 Teledentistry Market: Segment Analysis, By End-Use, 2017 - 2030 (USD Million)

Chapter 9 Regional Estimates & Trend Analysis, 2017 - 2030 (USD Million)

Chapter 10 Teledentistry Market - Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/g4lwh7

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KEYWORD:

INDUSTRY KEYWORD: HEALTH DENTAL TELEMEDICINE/VIRTUAL MEDICINE

SOURCE: Research and Markets

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