Teledentistry Market to Grow at a CAGR of 17.1% to reach US$ 2,614.50 Million from 2020 to 2027

The teledentistry market was valued at US$ 667.13 million in 2019 and it is projected to reach US$ 2,614.50 million by 2027; it is expected to grow at a CAGR of 17.1% from 2020 to 2027.

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. 

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.

Lucrative Regions for Teledentistry Market

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Market Insights

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.

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.

Component Insights

Based on component, 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.

Delivery Mode Insights

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.

Global Teledentistry Market, by Delivery Mode – 2019 & 2027

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End User Insights

In terms of end user, the global teledentistry market is segmented into patients, payers, providers, and others. In 2019, the providers segment held principal share of the market, by end user. However, the patients segment is expected to grow at the fastest rate during the forecast period as the teledentistry services provide self-management and caregiving support to the patients. Teledentistry helps in assisting diagnosis, treatment, care management, education and self-management of a patient.

Strategic Insights

New platform and software launches and collaborations are highly adopted strategies in the global teledentistry market. A few recent key product developments are listed below:

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.

August 2020: Futuredontics, the parent company of 1-800-DENTIST partnered with Denteractive to provide immediate after-hours dental care to patients via teledentistry

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.

Growing cases of COVID-19 and need for remote treatment facilities have resulted in improved communication systems and need for growing healthcare infrastructure. As a result, this market is projected to see sustained adoption and substantial growth during the pandemic. Owing to an increase in cases of COVID-19, governments of developing countries are taking various steps to address the needs for teledentistry during the pandemic.

Teledentistry – Market Segmentation

By Component

• Hardware
• Software & Services

By Delivery Mode

• On-Premise
• Cloud-Based

By End User

• Patients
• Payers
• Providers
• Others

By Geography

•   North America

• US
• Canada
• Mexico

•   Europe

• France
• Germany
• UK
• Italy
• Spain
• Rest of Europe

•   Asia Pacific (APAC)

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific

•   Middle East & Africa (MEA)

• Saudi Arabia
• South Africa
• UAE
• Rest of Middle East & Africa

•   South America (SCAM)

• Brazil
• Argentina
• Rest of South & Central America

Company Profiles

• ViDe Virtual Dental
• Koninklijke Philips N.V.
• TheTeleDentists
• MouthWatch, LLC
• Denteractive Solutions, Inc.
• Patterson Companies, Inc.
• Virtudent, Inc.
• Dentulu
• HealthTap, Inc.
• e-DENTECH