Understand How The Teledentistry Market Is Poised To Grow Through 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per The Business Research Company’s Teledentistry Global Market Report 2023, the teledentistry market is expected to show significant growth in the forecast period.
The global teledentistry market is on an upward trajectory, poised to surge from $1.51 billion in 2022 to $1.78 billion in 2023, exhibiting a robust compound annual growth rate (CAGR) of 17.6%. Projections foresee sustained growth, reaching $3.35 billion by 2027, buoyed by a CAGR of 17.1%. As the world embraces digital solutions, teledentistry emerges as a pivotal player in reshaping oral healthcare.
Rising Burden of Oral Diseases
The escalating burden of oral diseases serves as a significant catalyst propelling the teledentistry market forward. Oral diseases, encompassing ailments affecting the teeth, gums, and tongue, present a growing global health concern. Teledentistry steps in as a solution to extend access to oral health services and enhance the treatment of these prevalent diseases. A stark example is highlighted by the American Cancer Society’s data revealing approximately 54,000 new cases of oral cavity or oropharyngeal cancer in 2022, emphasizing the critical need for expanded oral healthcare services.
Key Players Shaping the Landscape
In the dynamic realm of teledentistry, major players play a pivotal role in steering the market’s growth. Notable entities such as ViDe Virtual Dental, Koninklijke Philips N.V., TheTeleDentists, and SmileDirectClub Inc. are at the forefront. Their strategic positioning and commitment to innovation contribute significantly to the evolving landscape.
Technological Advancements: A Game-Changer
Technological innovation stands out as a key trend gaining prominence within the teledentistry market. Major companies are pushing the boundaries by introducing cutting-edge technologies to enhance their market presence. An exemplary case is SmileDirectClub Inc.’s launch of the SmileOS platform in November 2021. This artificial intelligence-driven treatment planning software revolutionizes the teledentistry experience, empowering dentists and orthodontists to extend their reach to patients in remote locations. With insights derived from over 1.5 million clear aligner treatment programs, SmileOS epitomizes the transformative power of technology in oral healthcare.
Comprehensive Market Segmentation
The global teledentistry market adopts a comprehensive segmentation approach, capturing the multifaceted nature of the industry:
- By Component: Hardware, Software, and Services
- Hardware
- Software
- Services
- By Delivery Mode: On-Premise, Cloud-Based
- On-Premise
- Cloud-Based
- By Application: Tele-consultation, Remote Patient Monitoring, Education, and Training
- Tele-consultation
- Remote Patient Monitoring
- Education and Training
- By End-Use: Providers, Patients, and Other End-Users
- Providers
- Patients
- Other End-Users
Regional Dominance: North America Taking the Lead
In 2022, North America asserted its dominance as the largest region in the teledentistry market share. The region’s leadership is attributed to a confluence of factors, including a concentration of major players, technological advancements, and a receptive regulatory environment. North America’s prominence underscores its role as a trailblazer in adopting and advancing teledentistry solutions.
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The Teledentistry Global Market Report 2023 provides an in-depth analysis on the teledentistry market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the teledentistry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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Dental Services Global Market Report 2023
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