Top 5 Trends in the Teledentistry Industry: Key Companies, Market Growth and Insights
RELEASE DATE: Nov 2024 Author: Spherical Insights Request Free Sample
What Is Teledentistry?
A subspecialty of telehealth known as "teledentistry" is dedicated to employing telecommunications technology to provide dental care remotely. It entails providing dental consultations, assessments, recommendations, and even treatment to patients who are unable to visit a dental office in person by utilizing digital communication and information technologies. It may evaluate issues related to oral health, diagnose problems remotely, provide treatments, and even write prescriptions for drugs when necessary. Additionally, the market is expanding due to the rising incidence of oral health issues including tooth decay and periodontal diseases brought on by sedentary lifestyles and poor eating habits.
Trends in the Teledentistry Industry
1. Telemedicine services and digital health technologies are becoming more widely used.
The market for remote dental services has a lot of potential due to the growing use of telemedicine platforms and digital health technology. Virtual dental treatment is now more effective and accessible to a wider audience due to the growth of digital tools and platforms. This expansion is further supported by growing consumer familiarity with digital health solutions and the incorporation of cutting-edge technology like artificial intelligence and machine learning into dentistry clinics. Additionally, digital solutions will be a crucial part of dental care in the future as a result of the anticipated significant market expansion brought about by the convergence of technology and healthcare. 27.4% of medical professionals used telemedicine for half of their patient visits, according to data from the National Electronic Health Records Survey released by the CDC in February 2024. This suggests that a considerable number of medical professionals are using remote consultations.
2. Increasing patterns of teledentistry's use of AI-powered diagnostics and machine learning technologies
The market for teledentistry offers other opportunities, such as developing trends in the use of AI-powered diagnostics and machine learning tools, which increase the precision of remote care and assist meet the increased need for preventative care. Additional prospects include growth in rural and underserved areas via online platforms that provide easier access to dental care. The teledentistry industry is also expected to grow as a result of partnerships with insurance companies, corporate wellness initiatives, and a growth in mobile health technologies. These new developments influence telehealth's future, which is anticipated to be one of the primary means of delivering healthcare and providing more access and more advanced patient care for a range of populations.
3. Increasing growing number of new teledentistry platforms being launched
Major teledentistry organizations are concentrating on creating new teledentistry platforms in order to expand their product offerings and boost sales. For instance, is the June 2023 debut of Dental.com, a teledentistry 3.0 offering from Virtual Dental Care, a US-based provider of digital dental solutions that will make dental care available to all patients, irrespective of their location or financial status. Additionally, in June 2020, the American consumer goods business Colgate, which offers cutting-edge teledentistry services, introduced DentistsforMe.in, a teledentistry platform that offers free online consultations. After creating an account on Colgate DentistsForMe.in, users can chat, make a free audio or video call, or connect with hundreds of dentists across the country.
4. Teledentistry market growth is being driven by it companies and growing healthcare expenditures
The teledentistry industry is expanding as a result of the existence of numerous major players with superior teledentistry solutions operating in the US. Additionally, the industry is expanding due to factors such the high cost of healthcare IT, good internet access, widespread smartphone use, and rising public awareness of virtual dental care. The industry's expansion is being fueled by the ongoing development of cloud-based systems and their appearance in emerging teledentistry businesses. Therefore, it is anticipated that in 2022, the US will own a 40% market share in the teledentistry industry.
5. The market for teledentistry is being driven by the increasing incidence of oral illnesses.
Oral disorders are becoming more prevalent and are regarded as one of the most prevalent conditions in the world. Nearly 2 billion individuals have permanent tooth caries, and 520 million children have primary tooth caries, according to a WHO report released on May 15, 2022. Therefore, routine dental checkups to preserve oral health are a key driver of market expansion. The teledentistry industry is also driven by the growing senior population and their use of teledentistry services because of their affordability and practicality.
Key Market Insights:
The global teledentistry market size was valued at USD 1.95 billion in 2023 and is projected to USD 8.05 billion by 2033, exhibiting a CAGR of 15.23% during the forecast period 2023-2033. Several companies leading the global teledentistry market are Koninklijke Philips N.V., Align Technology, Inc., SmileDirectClub, MouthWatch, LLC, Dentulu, Inc., Denteractive Solutions Inc., Toothpic, Smile Virtual LLC, Virtudent, Inc., and Straight Teeth Direct.
List of Key Companies in the Teledentistry Industry
- Koninklijke Philips N.V.
- Align Technology, Inc.
- SmileDirectClub
- MouthWatch, LLC
- Dentulu, Inc.
- Denteractive Solutions Inc.
- Toothpic
- Smile Virtual LLC
- Virtudent, Inc.
- Straight Teeth Direct
Top 5 Players in the Teledentistry Industry
1. Koninklijke Philips
Headquarters: Amsterdam
The Dutch global multinational company Koninklijke Philips N.V., usually referred to as Philips, has its headquarters in Amsterdam, the Netherlands. Light bulbs were the company's first product when Gerard and his father, Frederik Philips, founded it in 1891. Philips has expanded into a number of industries over the years, such as consumer electronics, healthcare, and lighting. A health technology firm, Koninklijke Philips NV is dedicated to enhancing the wellness of individuals in all aspects of life, from preventive and wellness to diagnosis, treatment, and home care. The company provides offerings and services in consumers health and residential care, image-guided treatment, monitoring of patients, imaging services for diagnosis, and health informatics. Philips, which offers cutting-edge medical gadgets and technologies, is well-known in the healthcare industry. The firm's healthcare division is dedicated to enhancing people's health and facilitating better outcomes throughout the health continuum, which includes diagnosis, treatment, home care, and healthy living and prevention.
2. Align Technology
Headquarters: Tempe, Arizona
Global medical device manufacturer Align Technology, Inc. has its main office in Tempe, Arizona, in the United States. The company was founded in 1997 by Zia Chishti and Kelsey Wirth, and its most well-known products are the iTero intraoral scanners and Invisalign transparent aligners. With an emphasis on orthodontics and restorative dentistry, Align Technology uses cutting-edge 3D digital scanning and printing technologies to enhance patient results and change smiles. The medical device business Align Technology Inc. (Align Technology) creates, produces and markets a range of digital treatment options, such as intraoral scanners, transparent aligners, and other services. Along with virtually invisible teeth-straightening aligners, the company offers doctors extra clinical advice and support during treatment, including help with case selection and treatment planning, appointment scheduling, progress tracking, staged aligner shipment, minor crowding, spacing, and precursors to cosmetic procedures.
3. MouthWatch
Headquarters: Metuchen, New Jersey.
MouthWatch, LLC is a pioneer in creating digital technology solutions that boost dental practitioners' productivity, advance oral health treatment, and improve the general patient experience. A prominent provider of teledentistry services, MouthWatch, LLC is situated in Metuchen, New Jersey. The company, which was founded in 2012, focuses on creating digital technology solutions that improve dental treatment. MouthWatch's intraoral cameras and TeleDent software are well-known for enabling remote dental consultations and patient interaction. Through the use of the company's TeleDent software, dental offices may deliver virtual consultations, enhancing patient-provider contact. The high-quality, reasonably priced imaging technology offered by MouthWatch's intraoral cameras aids in involving patients in treatment planning. Thousands of dental offices, top Dental Service Organizations (DSOs), and dental colleges use the company's products.
4. Dentulu
Headquarters: Tokyo, Japan
The United States-based Dentulu, Inc. is a top supplier of teledentistry solutions. AI-assisted advice for comprehensive care, online prescription services, and virtual consultations are just a few of the company's cutting-edge dental offerings. Dentulu wants to transform the dental field by using technology to improve patient care and make dental treatment more easily accessible, comfortable, and reasonably priced. Dentulu is a cutting-edge platform that puts contemporary dentistry at the fingertips of users. It was named the Cellerant "Best of Class" technological service in 2020 and 2021. Through state-of-the-art telehealth services, virtual consultations, and online prescription services, they offer dental treatment that is both convenient and easily accessible. From the convenience of home, Dentulu allows customers to communicate with licensed dentists, get knowledgeable guidance, and access a wealth of dental information.
5. Smile Virtual
Headquarters: Greater Phoenix Area, Western US
Smile Virtual concentrates on dentistry and the healthcare industry in general. Patients can learn about possible smile enhancements from the comfort of their homes by using the company's online service, which connects them with dentists for virtual consultations. The platform's main users are people in need of dental care and dentists trying to grow their clientele. It is headquartered in Phoenix, Arizona, and was established in 2017. Udo purchased Smile Virtual in November 2021. Additionally, one of the top teledentistry platforms, Smile Virtual LLC, links patients with skilled orthodontic and cosmetic dentists. Patients can upload images and receive individualized video consultations from dental professionals due to the company's creative approach. This technique assists in removing obstacles, fostering trust, and pre-qualifying people for operations.
Conclusion
The teledentistry sector is transforming oral healthcare by increasing its affordability, accessibility, and technical sophistication. Teledentistry is filling gaps in dental treatment, especially for marginalized populations, due to developments like AI-powered diagnostics, growing telehealth platform use, and the emergence of cutting-edge digital tools. By introducing user-friendly platforms and incorporating cutting-edge technology into dental solutions, leading businesses are propelling this expansion. Teledentistry presents a viable way to address the increasing need for effective and preventive care as oral health issues become more widespread worldwide. Its revolutionary effect on dental treatment portends a time when healthcare and technology will coexist harmoniously to enhance people's quality of life.
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