The Asia Pacific Teledentistry market is expected to reach US$ 456.23 million by 2027 from US$ 110.85 million in 2019. The market is estimated to grow at a CAGR of 17.8% from 2020 to 2027.
Growth of the market can be attributed to increasing government initiatives in teledentistry and rising demand for teledentistry across Asia Pacific. However, the market growth is likely to be hindered owing to challenges encountered in the dental profession.
Growing programs and government organizations in the teledentistry market are driving the market. Japan is in an ideal position to use teledentistry and remote monitoring technologies. The country has innovative technological infrastructure and sophistication to support and rapidly implement the technologies. In addition, more than 20% of Japan’s population is over the age of 65, and it would be expected to increase rapidly in the next few years, which is expected to boost the market growth. To provide home care for this population, telehealth services capabilities in the country would be significantly increased, thereby boosting the teledentistry market.
Moreover, in recent years, the focus on healthcare and policies and funding has shifted to non-communicable diseases, including oral and dental health, cancer, and improvement of quality of life. With 190,000 dentists, India ranks top in the absolute number of dental graduates; however, rural Indians and urban slums remain deprived of quality dental healthcare due to unequal distribution and access. Government/Private/Trust agencies established about 1,000 telemedicine nodes to reinforce the national healthcare delivery system in India. CollabDDS was developed in India for teleconsultation, diagnosis, and remote education. It was also developed as a data repository. It is a remote expert dental program served between three dental schools with the Centre for Dental Education and Research at the All India Institute of Medical Sciences in New Delhi. Thus, increasing government initiatives in teledentistry are driving the teledentistry market.
Consumers in the Asia Pacific are highly interested in preventative health, ownership, and covenience of their own care. The Bain’s 2019 Asia-Pacific Front Line of Healthcare survey, about 50% of patients said they expect to use digital health tools in the coming five years, and nearly 91% of consumers said they would opt for digital health services if the costs were covered by their employer or an insurance provider. The change that has occurred over a period of weeks is drastic. The new users on Ping An Good Doctor, a Chinese healthcare services platform, rose about 900% in January 2020, compared to December 2019, before the World Health Organization identified the Covid-19 virus. Ding Xiang Yuan, an online community for healthcare professionals in China, and Chunyu Doctor, a telemedicine platform, also showed a high rise in online users and visits. Likewise, Healthcare professionals can consider forming a digital hybrid-learning platform to create awareness and regulate important information through social media platforms or by conducting webinars in order to influence more people positively. There is a need for telementoring in dentistry to curb panic and fear and communicate facts. The pandemic has given an opportunity of educating the masses about preventive care, which was earlier considered as a sidebar in treatment.
Based on component, the Asia Pacific teledentistry market is segmented into hardware and software and services. The software and services segment held the largest market share in 2019, and the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Based on delivery mode, the Asia Pacific teledentistry market is bifurcated into on-premise and cloud-based. The cloud-based segment held a larger market share in 2019, and the same segment is anticipated to register a higher CAGR in the market during 2020–2027.
Based on end user, the Asia Pacific teledentistry market is segmented into patients, payers, providers, and others. In 2019, the providers segment held the largest share of the market, whereas the patients segment is anticipated to register the highest CAGR in the market from 2020 to 2027.
A few of the primary and secondary sources referred to while preparing the report on the Asia Pacific teledentistry market are the Collaborative Digital Diagnosis System and Centre for Dental Education and Research, among others.