Orthodontic Supplies Market - Growth Factors Analysis, Share And Forecast

By Author: robert henric
Total Articles: 492
Comment this article

[170 Pages Report] The Global Orthodontic Supplies Market is expected to reach USD 6.63 billion by 2023 from USD 4.32 billion in 2018, growing at a CAGR of 8.9%.

Market Dynamics:

The orthodontic supplies market is mainly driven by factors such as the growing number of patients with malocclusions, jaw diseases, tooth decay/tooth loss, and jaw pain; increasing disposable incomes and the expanding middle-class population in developing countries; increasing awareness about advanced orthodontic treatments; and ongoing research and technological advancements in orthodontic products.

Driver: Growing number of patients with malocclusions, jaw diseases, tooth decay/tooth loss, and jaw pain

Orthodontic products are used to straighten and align teeth, correct abnormal bite patterns, and close unsightly gaps. Orthodontic devices such as fixed and removable braces are widely adopted by people with malocclusions and jaw diseases.

With rapid growth in the number of people suffering from these conditions across the globe, the demand for orthodontic braces is expected to increase in the coming years. Studies ...
... show that there is a high prevalence of malocclusion and jaw deformities (such as cross bite, open bite, spacing problems, deep bite, crowding issues, and teeth rotation problems) across several regions. The prevalence of these dental conditions is also high in both adolescents as well as adults.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=236529189

By product, the fixed braces segment is expected to grow at the highest rate during the forecast period

On the basis of products, the market is categorized into fixed braces, removable braces/aligners, adhesives, and accessories. The fixed braces segment is expected to account for the largest share of the global orthodontic supplies market in 2018. Factors such as better affordability as compared to removable braces, effective outcomes, and the huge demand for these braces in emerging countries such as India, China, and Brazil are propelling growth in this segment.

By end user, the adults patient segment is expected to grow at the highest rate during the forecast period

On the basis of patients, the orthodontic supplies market is segmented into children and teenagers and adults. The adults patient segment is estimated to witness the highest growth during the forecast period. The growth in this segment is driven by the huge adult population base, growing concern of facial aesthetics, availability of advanced orthodontic products, such as aesthetic braces and invisible braces, and increasing disposable incomes in various parts of the world.

Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=236529189

Geographically, this market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2018, the global orthodontic supplies market is expected to be dominated by North America, followed by Europe. However, the Asia Pacific region is expected to witness the fastest growth during the forecast period owing to the growing focus of orthodontic/dental companies on this region, growing dental tourism, increasing efforts to spread awareness about orthodontic treatment, and increasing incidence/prevalence of malocclusion and tooth decay in various APAC countries.

Key Market Players:

The major players in the orthodontic supplies market profiled in this report are Align Technology, Inc. (US), 3M Company (US), and Danaher Corporation (US), Henry Schien, Inc. (US), American Orthodontics (US), DENTSPLY SIRONA, Inc. (US), Rocky Mountain Orthodontics (US), G&H Orthodontics (US), DENTAURUM GmbH & Co. (Germany), TP Orthodontics, Inc. (US), ClearCorrect (a subsidiary of Straumann Holding AG, Switzerland), Ultradent Products, Inc. (US) Great Lakes Orthodontics, Ltd. (US), DB Orthodontics (UK), and Dental Morelli Ltda. (Brazil).