2024-2033 Global Teledentistry Market Outlook: Projected Size and Growth Rate
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Teledentistry Market Growth Forecast 2024-2033: What’s the Expected Rate?
In recent times, there has been a substantial expansion in the size of the teledentistry market. Estimates predict an increase from $1.77 billion in 2023 to $2.08 billion in 2024, reflecting a compound annual growth rate (CAGR) of 17.4%. This notable growth during the historic period is likely due to the robust economic development in emerging markets, rising demand for distant healthcare services, and amplified government backing.
Expectations are high for a swift expansion of the teledentistry market size in the forthcoming years. The prediction is that it will escalate to $4.08 billion by 2028, with a compound annual growth rate (CAGR) of 18.3%. This growth over the projected period could be upshot from increasing oral disease cases, government initiatives to enhance oral health, and a growing older population size. The forecast period’s crucial trends consist of escalating investments, prioritization of robot integration in food preparation, a growing emphasis on offering healthier french fries alternatives, innovative product developments, and a keen focus on launching french fries suitable for vegan consumers.
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What Factors Are Impacting the Growth of the teledentistry Market?
The surge in oral health problems is anticipated to stimulate the teledentistry market’s expansion. Oral health problems pertain to conditions affecting the mouth and its components such as teeth, gums, and the tongue. Teledentistry plays a key role in providing easy access to dental care and enhances oral disease treatment. For instance, data from the American Cancer Society, a voluntary health organization based in the US, indicates that in 2022, about 54k new oral cavity or oropharyngeal cancer cases, along with 11.2k deaths from the same diseases were recorded in the United States. Consequently, the growing incidence of oral health diseases is fuelling the teledentistry market’s growth.
What Are the Fundamental Segments in the Teledentistry Market?
1) By Component: Hardware, Software
2) By Delivery Mode: On-premise, Cloud-based
3) By Application: Tele-consultation, Remote patient monitoring, Education and training
4) By End User: Healthcare providers, Patients, Other end users
What Trends Are Shaping the New Direction of the Teledentistry Market?
Technological advancements are emerging as a significant trend in the teledentistry market. To maintain their market position, leading companies are implementing cutting-edge technologies such as ‘SmileOS’, a software based on artificial intelligence for treatment planning. For example, SmileDirectClub Inc., a teledentistry firm based in the US, rolled out the SmileOS platform in November 2021. This groundbreaking treatment platform aids affiliated dentists and orthodontists by enabling them to treat a wider array of patients residing in far-flung areas. Leveraging data from over 1.5 million clear aligner treatment schemes, SmileOS operates on the power of artificial intelligence.
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Which Regions Are Making a Mark in the Teledentistry Market Growth?
North America was the largest region in the teledentistry market in 2023. The regions covered in the teledentistry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Teledentistry Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the teledentistry market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Teledentistry Market Include
1. Teledentistry Market Executive Summary
2. Teledentistry Market Segments
3. Teledentistry Market Size And Template Market Growth Rate
4. Key Teledentistry Market Trends
5. Major Teledentistry Market Drivers
……
25. Key Mergers And Acquisitions In The Teledentistry Market
26. Top Teledentistry Companies
27. Teledentistry Market Opportunities And Strategies
28. Teledentistry Market, Conclusions And Recommendations
29. Appendix
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