The 2023 report on the “Orthodontic Headgear Market” presents a thorough and accurate examination of different factors pertaining to business expansion prospects, challenges, risk elements, and trends in all geographical regions. This report delivers current information on the most recent technological developments, along with SWOT and PESTLE analysis, and valuable insights on market size.
Global Orthodontic Headgear Market is valued at approximately USD 1.24 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.4% over the forecast period 2022-2029. Orthodontic Headgears are orthodontic appliances that are used to correct bite & jaw alignment. Orthodontic headgear is worn over the head to treat misalignment between the maxilla (upper jaw) and mandible (lower jaw). It has applications in different orthodontic conditions such as Overjet, Overbite, Underbite, and crossbite. Orthodontic headgear continuously forces to move the teeth properly and guides the growth of the face and jaws.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
The increasing prevalence of malocclusion and growing adoption of non-invasive treatment procedures as well as strategic initiatives from leading market players are key factors accelerating the market growth.
The rising incidences of malocclusion due to birth defects and childhood habits such as thumb sucking, tongue thrusting, use of pacifier in small children, and prolonged use of a bottle is contributing to the growth of the Global Orthodontic Headgear Market. For instance, as per the European Journal of Paediatric Dentistry – as of 2020, the global prevalence of malocclusion was estimated at 56% in both genders. Moreover, the highest prevalence was estimated in Africa (81%) and Europe (72%), followed by America (53%) and Asia (48%).
Also, rising healthcare spending worldwide and growing awareness towards advanced orthodontic products would create a lucrative growth prospectus for the market over the forecast period. However, the high costs associated with advanced orthodontic procedures and unfavorable reimbursement policies impede the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Orthodontic Headgear Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of global market share owing to the increasing demand for jaw alignment procedures as well as availability of robust healthcare infrastructure in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising expansion of dental tourism and prevalence of malocclusion in the region.
Major market players included in this report are:
3M Inc
Adenta GmbH
American Orthodontics
DB Orthodontics
DENTAURUM Inc.
Dentsply Sirona
G and H Orthodontics
Great Lakes Dental Technologies
Henry Schein, Inc.
Ortho Kinetics Corporation
Recent Developments in the Market:
In January 2021, Charlotte, USA based dental products company Dentsply Sirona Inc. completed the acquisition of Santa Monica-based direct-to-consumer orthodontics company Byte for a transaction value of USD 1.04 billion.
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In June 2021, Dentsply Sirona announced the acquisition of all assets of Propel Orthodontics, including the VPro device and the Fastrack Mobile App. Propel Orthodontics is a leader in orthodontic devices. This acquisition would enable Dentsply to strengthen its orthodontic appliances offering.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Cervical Pull
High Pull
Reverse Pull and Facemask
By Application
Overbite
Overjet
Other alignment disorder
By End-User
Hospital
Dental Clinic
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Some of the Key Questions Answered in this Report:
Market dimension: What is the size of the market at the regional and country level?
Drivers, restraints, opportunities, and challenges: What are the key factors influencing the market and how are they expected to impact it?
International revenue, manufacturing value, consumption value, import and export: What is the economic value and trade dynamics of the market across different regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa)?
Key producers and their working state of affairs: Who are the leading manufacturers in the market industry and what is their current capacity, production, sales, pricing, costs, gross, and revenue?
Possibilities and threats for market carriers: What opportunities and challenges are faced by the vendors in the global market industry?
Incremental growth prospects for application/end-users and product types: Which specific applications or product types are expected to experience growth opportunities? What is the market share of each type and application?
Targeted strategies and constraints: What strategies are being implemented and what constraints are affecting the market?
Sales, marketing, and distribution channels: What are the different channels used for sales, marketing, and distribution in the global industry?
Upstream raw materials, production equipment, and manufacturing process: What are the raw materials, production equipment, and manufacturing processes involved in the market?
Key market trends: What are the significant trends impacting the growth of the market?
Economic impact and development trends: How does the market industry impact the economy, and what are the development trends within the market?
Overall, the report provides comprehensive insights into the market’s size, drivers, challenges, key players, opportunities, trends, and economic impact, offering a holistic understanding of the market industry.
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