Global Teledentistry Market – Overview
Teledentistry is a kind of telehealth that deals with using information technology and telecommunications for providing dental care, public awareness, consultation, and education. Teledentistry has the ability to address many of the problems related to cost efficiency, access, and quality of dental care.
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It can also give care to the underserved users, such as those in remote areas at a manageable cost through teleconsultation. Teledentistry market is expected to grow rapidly in the forecast period with the increasing use of smartphone and related software applications among people for easier access to healthcare.
Teledentistry has become a popular tool for solving complex medical and dental problem. Pandemic coronavirus has many positive impacts on teledentistry market, it has led to the increased demand for teledentistry and the market is also expected to grow post COVID-19.
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Global Teledentistry Market – Competitive Landscape
The overall competitive landscape of the global teledentistry market is fragmented one. The fragmentation of the competitive landscape is due to the presence of several notable players. The companies in the market are expected to focus on giving quality dental care and advice to their end users. Moreover, the companies are working on developing new and innovative technologies that will help in generating better revenue.
Some of the key companies in the global teledentistry market are Medtronic plc, Seimens, Cisco systems Inc., Medweb, Medici Technologies, LLC, Zipnosis, Koniniklijke Philips N.V., General Electric, Teladoc Health Inc., Advanced Monitored Caregiving Inc., Cerner Corporation, Flexaust Inc. , Doctor On Demand, Medvivo Group Ltd, Iron Bow Technologies, LLC, VSee, Amwell, MDLIVE, IMediplus Inc., and Chiron Health.
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Global Teledentistry Market – Drivers and Restraints
There are several factors that are expected to drive the growth of the global teledentistry market. One of the key growth factors for the market has been the increasing geriatric population as well as the growing demand for superior dental care. In recent years, people have been demanding for early diagnosis with cost-efficient treatment methods. In addition to this, growing healthcare access are also important factors for the overall development of the global teledentistry market. Technological developments along with government support and increasing dental and oral care are also critical for market growth.
There are however, some factors that are projected to impede the growth of the global market in the coming years of the forecast period. One of the key restraining factors for the market growth has been the increasing spread of misinformation using social media. In addition to this, regional variations in regulations, language barrier, fraud, decreased accuracy, and legal issues are some of the other key factors that might impede the development of the teledentistry market in the coming years of the forecast period.
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Global Teledentistry Market – Geographical Outlook
Based on geographical outlook, the global teledentistry market is segmented into five key regions. These regions are North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Of these, the global teledentistry market is expected to be dominated by the regional segment of North America. The growth of the regional market is primarily driven by the growing number of dental problems and older population.
Europe is projected to come second in line after North America. The growth of the Europe market is attributed to growing demand for dental care. On the other hand, the regional segment of Asia Pacific is expected to witness a highly promising rate of growth in the coming years of the forecast period ranging from 2020 to 2030. With adoption of new age technology and growing opportunities in emerging economies such as India and China, the teledentistry market in Asia Pacific is expected to flourish in the near future.
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