The orthodontics is a division of dentistry dealing with the prevention and correction of irregularities of the teeth, generally entailing the straightening of crooked teeth or the correcting of a poor bite, or malocclusion. The orthodontics procedures are used to correct dental deformation, and cosmetic treatments for better appearance.
The increase in prevalence of malocclusion and rise in number of dentist drives the growth of orthodontics market. For instance, according to report of American Dental Association (ADA), as of 2021, there are 201,927 professionally active dentists in the U.S. In addition, increase in geriatric population propels the growth of orthodontics market. The geriatric population is more vulnerable to tooth deformities and requires dental procedures. The R&D in the development of dental devices by manufacturers and researchers also contributes to the growth of market. Furthermore, increase in demand for dental procedure owing to improve facial appearance boosts market growth. The rise in number of dental clinics and increase in health expenditure of people further contribute in market growth.
In addition, increase in advancement in orthodontics and new product launch contribute in the growth of the orthodontics market. However, the high cost of orthodontics procedures are expected to limit the growth of market.
The orthodontics market is segmented on the basis of age group, type, and region. By age group, the market is mainly categorized into adults and children. By Type, it is categorized in brackets, anchorage appliances, ligatures and archwires. By Region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in the report include 3M Company, Align Technology, Inc., American Orthodontics, Envista Holdings Corporation, Dentaurum GmbH & Co. KG, Dentsply Sirona Inc., G&H Orthodontics, Inc. (Altaris Capital Partners, LLC), Henry Schein, Inc., Rocky Mountain Orthodontics, Inc. and T.P. Orthodontics, Inc.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an in-depth analysis of the global orthodontics market size along with the current trends and future estimations to elucidate the imminent investment pockets
- It offers market analysis from 2021 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market
- A comprehensive analysis of the region assists to understand the regional market and facilitate strategic business planning and determine prevailing opportunities
- The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global orthodontics market growth
KEY MARKET SEGMENTS
By Age Group
- Adults
- Children
By Type
- Brackets
- Fixed brackets
- Removable brackets
- Anchorage Appliances
- Bands and buccal tubes
- Miniscrews
- Ligatures
- Elastomeric ligatures
- Wire ligatures
- Archwires
By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
KEY MARKET PLAYERS
- 3M Company
- Align Technology, Inc
- American Orthodontics
- Envista Holdings Corporation
- Dentaurum GmbH & Co KG
- Dentsply Sirona Inc
- G&H Orthodontics, Inc (Altaris Capital Partners, LLC)
- Henry Schein, Inc
- Rocky Mountain Orthodontics, Inc
- T.P Orthodontics, Inc
Please note:
- Online Access price format is valid for 60 days access. Printing is not enabled.
- PDF Single and Enterprise price formats enable printing.
Table of Contents
Executive Summary
According to a new report titled, “Orthodontics Market by Age Group and Type: Global Opportunity Analysis and Industry Forecast, 2021–2030, the global orthodontics market size was valued at $2,767.4 million in 2020, and is projected to reach $7,637.8 million by 2030, registering a CAGR of 10.7% from 2021 to 2030.Orthodontics is the dentistry branch that deals with the diagnosis, prevention, interception, guidance, and correction of bad bites or dental irregularities, including the use of braces. The orthodontics procedures are done with brackets, anchorage appliances, archwires and ligatures. Orthodontics procedures are used for cosmetic correction, to improve appearance and provide a healthy functional bite.
The dental abnormalities such as crooked teeth, bite problems, like an overbite or an underbite, crowded teeth, and jaw misalignment are treated with orthodontics procedures. The orthodontics use fixed and removable dental devices, like braces, retainers, and bands, to change the position of teeth in the mouth for dental procedures.
Factors that drive the growth of the orthodontics market include rise in number of dentists, and increase in prevalence of malocclusion. In addition, increase in number of children drives the growth of market. The dental procedures such as dental sealants are commonly carried out in children. According to the organization of Children’s Defense Fund, in 2019, around 73 million children are reported in the U.S. Moreover, according to World Health Organization (WHO), in 2020, it was reported that approximately 530 million children are diagnosed with dental caries, globally. Furthermore, increase in R&D activity in orthodontics contribute in the growth of the orthodontics market.
The orthodontics market is segmented on the basis of age group, type and region. Based on age group, the market is categorized into adults and children. The children segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to increase in prevalence of malocclusion in children.
By type, the market is divided into brackets, anchorage appliances, ligatures and archwires. The brackets segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to the advancement in brackets and increase in number of key players to manufacture advanced orthodontic product.
The COVID-19 outbreak is anticipated to have a negative impact on the growth of the orthodontics market. Most of the dental clinics are not operating due to COVID-19 and the ongoing lockdowns in many countries. The spread of COVID-19 led to a major public health issue. Most of the dental surgeries are either canceled or postponed to avoid spread of COVID-19 virus. However, dental clinics are reconstructed to operate with more precautions, which is expected to contribute toward the market growth post the pandemic.
Key Findings Of Study
- On the basis of age group, the children segment was the highest contributor to the market in 2020
- Based on of type, the brackets segment was the highest contributor to the orthodontics market in 2020
- On the basis of region, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period
- North America accounted for a majority of the global orthodontics market share in 2020, and is anticipated to remain dominant during the forecast period, due to increase in number of orthodontists and presence of well-developed healthcare infrastructures Asia-Pacific is anticipated to witness lucrative growth, owing to the prevalence of malocclusion, rise in disposable income and increase in dental tourism in region
Companies Mentioned
- 3M Company
- Align Technology, Inc.
- American Orthodontics
- Envista Holdings Corporation
- Dentaurum GmbH & Co. KG
- Dentsply Sirona Inc.
- G&H Orthodontics, Inc.
- (Altaris Capital Partners, LLC)
- Henry Schein, Inc.
- Rocky Mountain Orthodontics, Inc.
- T.P. Orthodontics, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 110 |
Published | February 2022 |
Forecast Period | 2020 - 2030 |
Estimated Market Value ( USD | $ 2767.4 million |
Forecasted Market Value ( USD | $ 7637.8 million |
Compound Annual Growth Rate | 10.7% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |