According to The Insight Partners market research study titled “Teledentistry Market to 2027 – COVID-19 Impact and Global Analysis – by Component, Delivery Mode, and End User,” 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.
Rising geriatric population and growing demand for superior dental care have been the primary drivers for the industry. In recent years, people have been demanding early detection and cost-effective treatment approaches. Also, increasing healthcare access is a significant factor in the global teledentistry market’s overall growth. Rising technological advances and government funding and growing dental and oral care are also essential factors supporting the market growth.
|Market Size Value in||US$ 667.13 Million in 2019|
|Market Size Value by||US$ 2,614.50 Million by 2027|
|Growth Rate||CAGR of 17.1% from 2020-2027|
|No. of Pages||149|
|Segments covered||Component ; Delivery Mode ; End User , and Geography|
|Regional scope||North America; Europe; Asia Pacific; Latin America; MEA|
|Country scope||US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
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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.
Introduction of New Teledentistry Platforms
Most of the global healthcare players are focused on the digital dental sector. This has resulted in the fast-paced growth of the sector in the recent years. Market players are competitive toward introduction of new platforms that are likely to address various challenges in the virtual dental appointments. For instance, in December 2020, DialCare introduced its new teledentistry program offering 24/7 access to its licensed dentists in the US through phone or video consultation. 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.
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.
The COVID-19 pandemic is estimated to have a significant impact on the teledentistry market. Numerous challenges brought by COVID-19 pandemic have provided the dental care providers and oral healthcare community with an opportunity for a new path in the dentistry. The oral healthcare industry has begun to embrace the value-based care and shift toward incorporation of communication systems in the dental applications. The support from the government and investment from the private-public sector has significantly enhanced the teledentistry market in the US.
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The teledentistry market is segmented into hardware and software & services. In 2019, the software and services segment held the largest share of the market, by component. These software are capable of streamlining communication by connecting advanced wireless technologies to conventional instruments. Teledentistry software allows the users to undertake necessary tasks for the organization and acquisition of patient health information.
In terms of delivery mode, the teledentistry market is segmented into on-premise and cloud-based. In 2019, the cloud-based segment held major share of the market, as it is a safe and standardized system that is used for online computing services and essential for the delivery of on-demand computing resources.
Teledentistry Market: Competitive Landscape and Key Developments
ViDe Virtual Dental; Koninklijke Philips N.V; TheTeleDentists; MouthWatch, LLC; Denteractive Solutions, Inc.; Patterson Companies, Inc.; Virtudent, Inc.; Dentulu; HealthTap, Inc.; and e-DENTECH.
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June 2019: e-DENTECH introduced teledentistry for oral consultations. This strategy has helped in the company growth, which, in turn, has brought about various changes in the market.
May 2020: Philips and Toothpic collaborated to launch a professional teledentistry platform that provides patient connection to supplement in-office treatments. Thus, introduction of similar innovative platforms by market players is expected to provide growth opportunity for the teledentistry market over the coming years.
October 2020: Holland Healthcare partnered with The TeleDentists, using the TelScope Oral Telehealth System. Together, these companies can capture superior-quality images inside the mouth and send that image to a dentist instantly.
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