The Global Orthodontics Market size was valued at USD $3.2 billion in 2022 and is projected to reach USD US$ 8.1 billion by 2033, growing at a CAGR of 11.4 % during the forecast period.
The orthodontics market refers to the sector of the healthcare industry that focuses on the diagnosis, prevention, and treatment of dental and facial irregularities, primarily related to misaligned teeth and jaws. Orthodontics is a specialized field within dentistry that involves the use of devices such as braces, aligners, and other appliances to correct and align teeth and jaws for functional and aesthetic purposes.
The orthodontics market has been experiencing significant growth in recent years. Factors contributing to this growth include increasing awareness about the importance of dental aesthetics, rising disposable income in emerging economies, advancements in orthodontic technology, and a growing emphasis on early orthodontic treatment.
The market is also driven by the demand for less visible and more comfortable orthodontic appliances, which has led to the development of clear aligners like Envisaging. These aligners are becoming increasingly popular among both adults and teenagers who prefer a more discreet alternative to traditional braces.
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Moreover, the orthodontics market is influenced by factors such as the availability of skilled orthodontists, dental insurance coverage, and government initiatives promoting oral healthcare.
The orthodontics market is influenced by several market dynamics, including: Growing Awareness: There is a growing awareness of the benefits of orthodontic treatment, which is driving demand for these services. Many people are now aware that orthodontic treatment can improve their oral health, enhance their appearance, and boost their self-confidence. Technological Advancements: The orthodontics market is being driven by technological advancements in orthodontic appliances, such as the development of clear aligners, which are more comfortable and less visible than traditional braces. Advances in imaging technology and software have also improved the accuracy of orthodontic diagnosis and treatment planning. Increasing Disposable Income: Rising disposable income levels in many parts of the world are driving demand for orthodontic treatment. As people become wealthier, they are more likely to spend money on healthcare services, including orthodontic treatment. Increasing Focus on Aesthetics: There is an increasing focus on aesthetics in orthodontic treatment, with many patients seeking treatment options that are less visible and more discreet. This is driving demand for clear aligners and other invisible orthodontic appliances.
Top key Players of Global Orthodontics Market:
- Align Technology
- 3M
- Danaher Corporation
- Dentsply Sirona
- Straumann Group
- G&H Orthodontics
- Henry Schein Orthodontics
- American Orthodontics
- Rocky Mountain Orthodontics
Global Orthodontics market: Segmental Analysis
By Product Type
- Fixed Braces
- Removable Braces
- Adhesives
- Wires
By Patient Age Group
- Children and Teenagers
- Adult
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Global Orthodontics Market: Regional Analysis
The countries covered in the regional analysis of the Global Orthodontics market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits:
- The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
- Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
- Porter’s Five Force Model and SWOT analysis are used to study the global Orthodontics market and would help stakeholders make strategic decisions.
- The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
- In-depth analysis of the types of Orthodontics would help in identifying future applications in this market.
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 6-month post-sales analyst support
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