A orthodontics is an exclusive field which is identified with dentistry, it predominantly deals in curing obstruction in the teeth, or as it were, it helps in the arrangement of teeth impeccably. It consists of all preventive and corrective procedures of dental irregularities requiring the repositioning of teeth by functional and mechanical means to establish normal occlusion and pleasing facial contours. The orthodontic market is observing numerous new technological advancements. Many major manufacturers operating in orthodontics are introducing new digital software with the intend of custom-made smile, which therefore, is encouraging people for orthodontic treatment
Orthodontic Supplies Market Driving Factors
- The orthodontic supplies market is mainly driven by various factors such as increasing number of patients with malocclusions, jaw diseases, tooth decay/tooth loss, and jaw pain. Various studies show that there is a high prevalence of malocclusion and jaw deformities across several regions. Growing prevalence of malocclusions is a serious concern among adults and children globally.
- Growing number of people opting for orthodontic treatment due to aesthetic concerns will boost the market demand for orthodontic products.
- Increasing disposable income and growing knowledge in population about orthodontic treatment is anticipated to increase the development of the global orthodontic supplies market
- The geriatric population and corresponding age-related dental diseases, increasing prevalence of dental disorders is the key factor boosting the growth of the market. For instance, the number of Americans ages 65 and older is projected to more than double from 46 million today to over 98 million by 2060. With the increasing ageing population, the market of orthodontic supplies is likely to grow.
- Increasing awareness about advanced orthodontic treatments and ongoing research and technological advancements in orthodontic product will drive the orthodontics supplies market
Orthodontic Supplies Market Driving Challenges
- High costs of with orthodontic products and treatment is likely to impede the adoption of orthodontics treatment, thus hindering industry growth in certain economies
- Current COVID 19 pandemic impact has negative impact on dental industry, which will act as challenge to the market growth
Orthodontic Supplies Market Key Developments
March 2018: Ormco (a Danaher subsidiary) launched Symetri clear, the next generation of ceramic brackets. The strategy aimed at enhancing the company’s lingual and self-ligating bracket systems portfolio.
Oct 2019: Align Technology, Inc. introduced a new Invisalign product offering to empower doctors with new tools and technology to better serve the rapidly expanding market for clear aligner treatment, especially with consumers who are looking for more moderate teeth straightening options.
November 2017: American Orthodontics introduced BracePaste, an adhesive that provides bonding for both metal and ceramic brackets. This product launch enabled the company to improve its existing product portfolio and garner more revenue.
COVID 19 Pandemic Impact on Orthodontic Supplies market
The widespread disruption caused by the coronavirus has impacted many industries including dental market. Many companies are facing the heat of lockdown due to COVID 19 pandemic. The dental world’s biggest companies like Straumann have announced the drop in sales For instance, the Straumann Group CEO, Guillaume Daniellot, announced that the outbreak was likely to dent its sales in the Asia Pacific (APAC) region in the first quarter of 2020 by at least CHF 30 million (€28.36 million).
Orthodontic Supplies Market Segmental Highlights
The report analyses the global orthodontic supplies market-based type, application, end user and geography.
- Orthodontic Supplies Market by Type is categorised into fixed type and removable type. Fixed type segment includes brackets, archwires, anchorage appliances, ligatures and other. The fixed type orthodontic supplies offer advantages such as lower cost 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. Removable type of orthodontic supplies consists of aligners, retainers and others
- By patient type, the market is classified into adults and children. The children segment represents the high demand of orthodontic supplies attributed to surge in number of teeth misalignment cases among these age group coupled several initiatives undertaken by healthcare organizations such as American Association of Orthodontists, to improve children’s dental health.
- The major end user of the orthodontic supplies market are hospitals, dental clinics etc.
- The orthodontic supplies market is studied for the key regions including North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is anticipated to be the fastest-growing region over the forecast period attributed to the growing economy in countries such as China and India coupled with the increasing disposable income. Moreover, the increasing ageing populace in Asian countries such as Japan offers untapped opportunities for the growth of the orthodontic supplies market.
Orthodontic Supplies Market Key Players
Key players in the global orthodontic supplies market 3MUnitek, DB Orthodontics, Align Technology, Inc, G&H Orthodontics, Rocky Mountain Orthodontics, Henry Schein, American Orthodontics, Danaher Corporation, Dentsply International., American Orthodontics, Great Lakes Orthodontics Ltd. and among others.
The orthodontics market is segmented based on type, age group, and region. Orthodontic market by product type is categorised into fixed type and removable type. The fixed orthodontic supplies consists of brackets, archwires, anchorage appliances, ligatures etc. whereas, removable type includes aligners, retainers etc. By age group, the orthodontics market is categorized into adults and children. On the basis of geography, the orthodontics supplies market is analysed across North America, Europe, Asia-Pacific, and RoW.
Why to buy this report:
- The report offers changing market dynamics in the Orthodontic Supplies market, presenting historical, current and projected market size in terms of value (USD Million)
- The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of Orthodontic Supplies market
- It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the Orthodontic Supplies market performance
- The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of Orthodontic Supplies market
