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Orthodontic Supplies Market 2020 By Revenue, Top Trend & Regional Growth Forecast

Author : Ronak Bora | Published Date : 2020-09-08 

Orthodontic Supplies Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

With rising prevalence of malocclusions across the world, the global orthodontic supplies market is expected to chalk out remunerative growth trend through a diverse array of verticals. In fact, the rapidly increasing number of untreated malocclusion cases across the globe are expected to provide orthodontic supplies market a remunerative boost during the projected analysis time period.

As per the World Health Organization, among oral pathologies, malocclusions have the third highest frequency after cavities and periodontal diseases. Malocclusions affect about 70% of the population and around 10 million people chose to go for a medical treatment to correct their jaw alignment.

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Growing incidence of malocclusions and rising awareness regarding advanced treatment options is likely to fuel the global orthodontic supplies market growth. Furthermore, technological advancements along with several training and development initiatives by organizations such as Asian Pacific Orthodontic Society will also lead to industry expansion during the study period.

As per a research report by GMI, global orthodontic supplies market is anticipated to surpass $7.7 billion through 2025.

With reference to the product segment, fixed braces accounted for approximately $1.3 billion in 2018. The segment is also projected to show heavy growth trends through the forthcoming timeframe owing to lower purchase cost, excellent control on misaligned teeth and very less incidences of breakage. These key product factors are responsible for proliferating the expansion of the segment in the overall orthodontic supplies market landscape.   

Apart from fixed braces, the growing need for advanced invisible removable braces across the developed countries would further magnify the segment proliferation. Growing level of disposable income and mounting awareness among people about their physical appearance globally along with rising availability of dental aesthetics and increasing replacement of the same with traditional braces in likely to increase the need for functional orthodontic appliances in the future.   

On the geographical front, growing inclination of people towards dental procedures owing to the availability of cost-effective and affordable oral therapies provided by public healthcare services is anticipated to propel the orthodontic supplies market outlook in Europe.

The region accounted for more than 30% of income share in 2018. In addition, several initiatives introduced by the European Orthodontic Associations to enhance the quality of the orthodontic services offered in clinics and some other public healthcare platforms is likely to proliferate the adoption of orthodontic therapies which would further expand the overall market size in the region.  

Speaking of the patient segment, children and teenagers sector accounted for approximately 85% industry share in 2018 and is slated to show substantial growth over the study period. Increasing instances of teeth misalignment in children and teenagers should majorly expand revenue growth opportunities for the overall segment. Additionally, increasing awareness about aesthetic appeal among adolescents would also add up to the growth. 

Mounting disposable income, growing malocclusion cases and increasing awareness regarding the availability of therapies, growing applications of braces for better physical appearance are projected to open up a varied array of opportunities for industry players operating in global orthodontic supplies market.

The competitive landscape of the orthodontic supplies market is inclusive of players such as Great Lakes Orthodontics, Oswell Dental, Rocky Mountain Orthodontics, Dentaurum, Danaher Corporation, American Orthodontics, 3M, and Align Technologies among others. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/orthodontic-supplies-market

Partial Chapter of the Table of Content 

Chapter 4. Orthodontic Supplies Market, By Product

4.1. Key trends, by product

4.2. Fixed braces

4.2.1.    Market size, by region, 2014 – 2025 (USD Million)

4.2.2.    Brackets    Market size, by region, 2014 – 2025 (USD Million)

4.2.3.    Archwires    Market size, by region, 2014 – 2025 (USD Million)

4.2.4.    Ligatures    Market size, by region, 2014 – 2025 (USD Million)

4.2.5.    Anchorage appliances    Market size, by region, 2014 – 2025 (USD Million)

4.3. Removable braces

4.3.1.    Market size, by region, 2014 – 2025 (USD Million)

4.4. Orthodontic adhesives

4.4.1.    Market size, by region, 2014 – 2025 (USD Million)

4.5. Others

4.5.1.    Market size, by region, 2014 – 2025 (USD Million)

Chapter 5. Orthodontic Supplies Market, By Patient

5.1. Key segment trends

5.2. Children & Teenagers

5.2.1.    Market size, by region, 2014 – 2025 (USD Million)

5.3. Adults

5.3.1.    Market size, by region, 2014 – 2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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