The global teledentistry market is expected to experience a compound annual growth rate of 17.1 percent until at least 2027, according to an analysis by The Insight Partners.
Five report findings:
1. The growth is driven by a rising burden of oral diseases and growing adoption of teledentistry.
2. The teledentistry market size was valued at around $667 million in 2019 and is projected to grow at a CAGR of 17.1 percent during 2019-27.
3. Key companies operating in the market include Philips, MouthWatch, Denteractive Solutions, Patterson Companies, TheTeleDentists, Dentulu, Virtudent, HealthTap, ViDe Virtual Dental and e-DENTECH.
4. Teledentistry in the U.S. makes up 9.2 percent of the telehealth services industry, 0.6 percent of the orthodontist landscape, 2.3 percent of the medical device manufacturing industry and 1.5 percent of dentists.
5. The software and services segment is anticipated to register the highest CAGR in the teledentistry market during the forecast period. There are two essential application software components — dental management software and imaging software.