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North America has dominated the dental software globally and is projected to hold 39.7% of the market share in 2024 due to strong presence of leading dental software companies such as Henry Schein, Patterson Companies and Carestream Dental in the region. These companies along with several other small to mid-sized players cater to the large customer base of dental practices in the U.S. and Canada. In terms of imports and exports, the region witnesses high volume of trade in dental software with other international markets. Pricing of dental software solutions in North America is most competitive owing to intense competition between vendors in the region. The countries also have a well-developed healthcare IT infrastructure to support adoption of advanced dental software products.
Asia Pacific region is poised to be the fastest growing market for dental software in the coming years. This fast pace of growth can be attributed to rising awareness about oral healthcare, increasing disposable incomes and expansion of dental insurance coverage in developing countries such as India and China. Growing initiatives by governments towards digitalization of dental records and establishment of dental institutions will also fuel software adoption. Further, several large American and European vendors have started focusing on the Asia Pacific region through joint-ventures and partnerships with regional players. This helps in localization of their solutions as per requirements of Asian customers at affordable price points, thereby, boosting their presence.
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