Here are six key takeaways:
1. In 2018, North America dominated the market due to favorable government initiatives, local key players, a growing geriatric population and high oral healthcare expenditure.
2. An expected increase in oral health insurance coverage and favorable government efforts could contribute to market growth.
3. Technological advancements and increasing investments by companies in emerging markets are expected to propel growth.
4. Mergers and acquisitions for development and commercialization of products will likely drive the market in upcoming years.
5. The cloud-based dental practice management software segment is projected to grow at the fastest rate due to its flexibility, disaster recovery systems, automatic updates, security, environment-friendly features and ability to establish competition.
6. Key market players include Henry Schein, Patterson Companies, Carestream Dental, Curve Dental, DentiMax, Practice Web, NextGenHealthcare Information Systems and ACE Dental Software.
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