Global Orthodontics Market Size, Share, Growth, Industry Trends and Forecast 2020-2030

Orthodontics is a branch of dentistry dealing with the proper positioning of teeth and rectifying gum imbalance which increasing rates of malposition teeth, malocclusion, complete edentulism, and the need for dentures. It is used to improve the alignment, appearance, and improvement of protruding, crooked, or crowded teeth, and to correct problems associated with the bite of the teeth. According to World Health Organization (WHO), the half of the world’s population around 3.58 billion people are affected by oral diseases in 2018. The emergency need for significant analysis, monitoring, medications and create awareness among people for achieving effective results. A poor oral hygiene and regular intake of confectioneries is created the necessity of orthodontics clinical care. The manufacturers are focussed on manufacturing technologically advanced products (clear aligner, 3D printers, and intraoral scanners) in the global market. The increase in prevalence of malocclusion and healthcare infrastructure improvement are propelling the growth of these products. These products are segmented into conventional products and advanced products to treat or correct misaligned teeth. The market has shifted from product driven to patient driven industry. The global orthodontics market is accounted approximate USD 1634.5 million in 2020 and it is expected to reach approximate USD 3561.5 billion by 2030 with a CAGR of 8.1 % during forecast period.
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Market Dynamics and Factors:
Rapidly aging population and surge in prevalence of dental diseases is one of the major drivers for the growth of the global orthodontics market. Moreover, rise in awareness towards oral hygiene & dental aesthetics and surge in dental tourism are some of the other factors which will drive the market during forecast time. However, the lack of adequate reimbursement coverage is responsible to restrain the market growth. The factors such as technological advancements in this treatment, increasing prevalence of malocclusion across the globe, and growing focus of key market players to expand their geographic presence are also boosting the growth of these markets during the next coming years. On the rather hand, the substantial developments in the market including sustainable technological innovations including dental protectors & short tenure treatments by market leaders and private & public medical agencies will effectively reduce market restraints are creating immense opportunities for the market growth during forecast timeframe. Furthermore, the increasing pricing pressure on market players and issues related to cancellations of dental procedures are considered to be the challenge for orthodontics market.
Market Segmentation :
Global Orthodontics Market – By Equipment
Dental Chair
Laser
Hand Pieces
CAD/CAM Systems
Others
Global Orthodontics Market – By Type
Fixed
Brackets
Bands & Buccal Tubes
Archwires
Others
Removable
Aligners
Retainers
Others
Global Orthodontics Market – By End-User
Hospitals
Dental Clinics
Others
Global Orthodontics Market – By Age Group
Adults
Children
Global Orthodontics Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
North America is dominating the growth of the global orthodontics market, attributed to increasing trend of aesthetic procedure amidst men and women as they sort mere treatment to look more youthful. According to the American Dental Association, 70% of braces are on females, and mainly for aesthetics and also found majority of these patients are 12-15 years old in this region. The advanced technological innovations, rising awareness about the aesthetic value of smiling, increasing per capita income are major factors consequently generated mounting demand, which accounted with 35.53% regional share in the year 2018 for this region. Additionally, Asia pacific is expected to fastest growing market due to offer numerous growth opportunities for the companies engaged in the development and marketing of these product during the forecast time frame. The Rapid growth in population aging, improving and modernizing healthcare infrastructure, and development of affordable orthodontics products are key factors for boosting demand for the market in developing country such as China, India, Brazil, and Mexico. Europe is expected to boost the market due to high demand for improving aesthetic appearance and surge in awareness about supplies. Latin America and the Middle East & Africa region are projected to witness substantial growth owing to increase in incidence of dental disorders, rise in geriatric population, and government support to spread awareness about oral hygiene over the upcoming years.
Competitive Scenario:
The key players of global orthodontics markets are A-Dec, Inc., Align Technology, Inc., American Orthodontics, Danaher Corporation, GC Corporation, Henry Schein, Inc., Midmark Corporation, Patterson Companies, Inc., Zimmer Holdings, Inc., and 3M Company.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Orthodontics industry, although key threats, opportunities and disruptive technologies that could shape the Global Orthodontics Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Orthodontics Market most.
The data analysis present in the Global Orthodontics Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Orthodontics Market business.
The 2021 Annual Global Orthodontics Market offers:
100+ charts exploring and analysing the Global Orthodontics Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Orthodontics Market type
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