The World Health Organization (WHO) observes malocclusion eminently as a critical oral fitness problem, trailing only caries and periodontal diseases. The prevalence varies widely, anticipated between 39% and 93% of children and teens, suggesting a vast market for orthodontic solutions. The growing focus on oral fitness's long-term consequences drives demand for treatment. As societies prioritize dental health, orthodontics is pivotal in enhancing aesthetic and standard well-being, providing individuals with a pathway to a healthier, more confident smile.
Global Orthodontics Market is anticipated to experience a CAGR of 13.44% between 2024 and 2030
With rising disposable incomes, especially in growing countries, orthodontic treatment is becoming more accessible to a broader section of the populace. As humans increasingly prioritize aesthetics and invest in cosmetic dentistry to correct misaligned teeth, the demand for orthodontic services maintains an upward push. Further, the global growth of dental clinics and hospitals, specifically in emerging markets, contributes to the accessibility of orthodontic care. Increased healthcare attention campaigns emphasizing preventative oral care and addressing malocclusion also play a role. The effect of social media and celeb tradition, promoting ""perfect smiles,"" sets beauty standards and drives the need for orthodontic treatment, further amplified by focused advertising and marketing campaigns from orthodontics businesses.The development of revolutionary technologies, clean aligners, digital scanning, and 3-D printing, has revolutionized orthodontic remedies, rendering them more comfortable, efficient, and aesthetically pleasing. These improvements have broadened the patient base, mainly attracting adults who may have hesitated with traditional braces. This adult section drives a sizable increase, buoyed by increasing disposable earnings and developing recognition of the aesthetic benefits of orthodontic treatments. Precise aligner technology, tailored for adults, drastically contributes to this segment's expansion. Ascending markets such as Asia Pacific and Latin America are witnessing significant increases, propelled by growing earnings and an increasing middle class. Hence, the worth of the Global Orthodontics Market was US$ 5.95 Billion in 2023.
The supplies side of the global orthodontics market is experiencing tremendous growth
By product type, the global orthodontics market is fragmented into instruments and supplies. Orthodontic supplies, like brackets and aligners, generate recurring revenue, sustaining market increase. Technological improvements, like clear aligners, propel the demand for specialized materials, ensuring market dynamism. The booming international orthodontics market and diverse product portfolio, which includes self-ligating brackets and 3-D printed equipment, further propel the boom. Lowering the entry barriers can lead to increased competition, reduced prices, and improved accessibility. Portable and adaptable, orthodontic supplies reach a worldwide target market. An awareness of cost-effectiveness and robust services help strengthen demand, facilitating market growth.The adult segment commands a substantial share in the global orthodontics market
The global orthodontics market is categorized into adults and children by age group. The aging worldwide population expands the adult orthodontic patient pool. Urbanization and busy life drive the need for discreet aligner remedies. Adults increasingly value orthodontics for oral fitness benefits beyond aesthetics. Rising incomes enable investment in appearance and well-being, easing accessibility to treatment. Unlike teenagers, adults often have independent economic sources. Dental practices provide flexible payment plans and insurance coverage, enhancing affordability. Developing awareness of preventive healthcare encourages early malocclusion correction among adults, raising the adult segment's importance in orthodontics.The role of hospitals in the global orthodontics market is expected to increase significantly in the coming years
By end-user, the global orthodontics market is broken up into Hospitals, Dental Clinics, and Others. The growth in the worldwide healthcare landscape, especially in developing countries, widens avenues for hospital-based orthodontic services. Modern hospitals, which are multifunctional, seamlessly combine orthodontics with dentistry and oral surgical operations, attracting various patients. With superior technology and specialized understanding, hospitals care for complicated orthodontic instances, doubtlessly securing a giant market share. Certain areas provide insurance for hospital orthodontics, boosting affordability and demand. Hospitals streamline methods, making sure patient convenience and luxury. Emphasis on collaborative care trends and research fosters advancements in orthodontic strategies.The United States and Canada are projected to retain a significant chunk of the global orthodontics market
By regions, the global orthodontics market is divided into North America (United States, Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, Netherlands, Turkey), Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand), Latin America (Brazil, Mexico, Argentina), Middle East & Africa (South Africa, Saudi Arabia, and UAE). North America boasts a sturdy healthcare infrastructure with skilled orthodontists and modern clinics, while hospitals offer complicated remedies. Advanced technology and expertise attract patients looking for advanced solutions.Solid earnings and insurance coverage propel a market boom, making remedy financially reachable. Cultural emphasis on oral aesthetics and dental fitness drives the demand for traditional braces and clear aligners. The growing adult section, spurred by growing incomes and changing attitudes, propels growth. Continuous innovation and research in the United States power advancements in orthodontic technologies, materials, and protocols, enhancing competitiveness and attracting sufferers searching for present-day solutions.
Key Players
In the global orthodontics market, companies present are 3M Corporation, Henry Schein, Inc., Dentsply Sirona, Align Technology, Inc., Straumann AG, Danaher Corporation, and ENVISTA HOLDINGS CORPORATION.In May 2022 - Ultima Hook was developed by Ormco Corporation specifically for the Ultima wire, allowing for efficient correction of malocclusion with orthodontic appliances.
In April 2022 - Eon Dental launched an enhanced Eon Aligner ecosystem of resolutions and aid utilities. With this launch, Eon Aligner can provide more customer initiatives to deliver advanced, patient- and doctor-centric solutions.
The report titled “Global Orthodontics Market By Product Types (Instruments, and Supplies), Age-groups (Adults, and Children), End-Users (Hospitals, Dental Clinics, and Others), Regions (North America (United States, Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, Netherlands, Turkey), Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand), Latin America (Brazil, Mexico, Argentina), Middle East & Africa (South Africa, Saudi Arabia, and UAE)), Company Analysis (3M Corporation, Henry Schein, Inc., Dentsply Sirona, Align Technology, Inc., Straumann AG, Danaher Corporation, and ENVISTA HOLDINGS CORPORATION)” provides a complete study of Global Orthodontics Industry.
Product Types - Global Orthodontics Market breakup in 2 viewpoints:
1. Instruments2. Supplies
Age-groups - Global Orthodontics Market breakup in 2 viewpoints:
1. Adults2. Children
End-Users - Global Orthodontics Market breakup in 3 viewpoints:
1. Hospitals2. Dental Clinics
3. Others
Regions - Global Orthodontics Market breakup in 5 viewpoints:
1. North America1.1 United States
1.2 Canada
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherlands
2.8 Turkey
3. Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
4. Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 South Africa
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
1. 3M Corporation2. Henry Schein, Inc.
3. Dentsply Sirona
4. Align Technology, Inc.
5. Straumann AG
6. Danaher Corporation
7. Envista Holdings Corporation
Table of Contents
Companies Mentioned
- 3M Corporation
- Henry Schein, Inc.
- Dentsply Sirona
- Align Technology, Inc.
- Straumann AG
- Danaher Corporation
- Envista Holdings Corporation
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 180 |
Published | February 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 5.95 Billion |
Forecasted Market Value ( USD | $ 14.38 Billion |
Compound Annual Growth Rate | 13.4% |
Regions Covered | Global |
No. of Companies Mentioned | 7 |