Teledentistry Market Worth US$ 2,614.50 million by 2027 to grow at a CAGR of 17.1% | Virtudent, HealthTap, e-DENTECH SAS

January 27 19:36 2021
According to a new market research study titled “Teledentistry Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Component, Delivery Mode, and End User,” the global teledentistry market is expected to reach US$ 2,614.50 million by 2027 from US$ 667.13 million in 2019.

According to a new market research study titled “Teledentistry Market to 2027 – COVID-19 Impact and Global Analysis – by Component, Delivery Mode, and End User,” the global teledentistry market is expected to reach US$ 2,614.50 million by 2027 from US$ 667.13 million in 2019. The market is estimated to grow at a CAGR of 17.1% from 2020 to 2027. The report highlights the trends prevalent in the global teledentistry market and the factors driving the market along with those that act as deterrents to its growth.

Based on component, the teledentistry market is segmented into hardware and software & services. The software and services segment accounted for the largest share of the market in 2019. This segment is likely to dominate the market during the forecast period. The teledentistry software allows the users to accomplish tasks necessary for acquisition and organization of patient health information. Moreover, budding digitalization in the developed nations has enabled patients to take up dental care at a reduced cost and time. Moreover, the COVID-19 pandemic has created opportunities for the market players operating in this domain.

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Some of the key players operating in the teledentistry market include ViDe Virtual Dental; Koninklijke Philips N.V; TheTeleDentists; MouthWatch, LLC; Denteractive Solutions, Inc.; Patterson Companies, Inc.; Virtudent, Inc.; Dentulu; HealthTap, Inc.; and e-DENTECH.

The market players are focused on technological advancements and innovative steps to improve the teledentistry services. For instance, in March 2020, TeleDentists, in response to the Coronavirus outbreak, used virtual dental consultations to provide direct access to dental treatment. With social distancing and dental clinics being advised to limit practice operations to emergency-only treatment, TeleDentists believed that teledentistry is the only option as the virus is continuously spreading.

The COVID-19 pandemic is estimated to have a significant impact on the teledentistry market. Growing cases of COVID-19 and rising need for healthcare services have improved communication between nurses, physicians, and patients and helped expand the healthcare infrastructure, due to which demand for better communication systems, such as teledentistry, is mounting. The teledentistry market is anticipated to show strong growth in the US as it is among the worst affected countries globally.

The scope of the teledentistry market includes component, delivery mode, end user, and geography. The teledentistry market is analyzed based on regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. The report offers insights and in-depth analysis of the teledentistry market emphasizing on various parameters, such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world.

Oral diseases cause a major burden for various countries and affect the people throughout their lifetime by causing pain, discomfort, and disfigurement. According to the World Health Organization (WHO), oral diseases have affected approximately 3.5 billion people globally in 2020. Moreover, the WHO stated that over 530 million children worldwide suffer from dental caries. Furthermore, according to the International Journal of Health Sciences, periodontal diseases affect approximately 20–30% of population in the developed and developing nations worldwide. According to the FDI World Dental Federation, approximately 2.3 billion people suffer from dental caries of permanent teeth across the world. The treatment for oral diseases is relatively expensive and it is usually not covered by the insurance companies and healthcare ministry in majority of the countries. However, virtual visits between clinicians and patients in remote areas via communication technologies have enabled the reach of health advice and consultations in the developing nations.

Teledentistry has witnessed a surge during the COVID-19 crisis as it has helped individuals to seek medical attention from the convenience and safety of their home and not to risk infection by entering a populated clinic. mHealth technology is being developed to disseminate medical information or health data widely to practitioners and patients as well. The continued advancement of wireless communications technology would undoubtedly help bring mHealth initiatives to maturity.

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3.       Evaluate the pros and cons of investing/operating in country level Teledentistry markets through reliable forecast model results

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5.       Drive your strategies in the right direction by understanding the impact of latest trends, market forecasts on your Teledentistry business

6.       Beat your competition through information on their operations, strategies and new projects

7.       Recent insights on the Teledentistry market will help users operating in the market to initiate transformational growth

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Teledentistry uses imaging, electronic information, communication technologies including data communications, and interactive audio and video communication. It stores and forwards the technologies to support and provide dental care diagnosis, consultation, treatment, education, and dental information transfer. Teledentistry can solve many issues related to access, cost-effectiveness, and quality of dental care.

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