Report Ocean conducted research on the global Orthodontics market, some important discoveries were made. First, the market is expanding steadily, and over the coming years, demand is expected to rise. Second, there is a lot of market competition, yet only a few major businesses control the sector. Last but not least, there are numerous chances for market innovation and improvement, notably in terms of product offerings and marketing tactics.
The global orthodontics market size was US$ 3066.2 million in 2021. The global orthodontics market size is forecast to reach US$ 7717.4 million by 2030, growing at a compound annual growth rate (CAGR) of 10.8% during the forecast period from 2022 to 2030.
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Orthodontics is a branch of dentistry that diagnoses, prevents, treats irregularities related to the teeth and face. These orthodontic tools straighten the teeth, prepare the mouth and teeth for braces, and support the brace process. In addition to filling in gaps between teeth, adjusting the tips of teeth, and straightening crooked teeth, orthodontic treatment helps patients with speech and chewing difficulties. Orthodontic treatment includes removing crowded, protruding, and crooked teeth and fixing bite problems. A fixed orthodontic appliance is either a fixed space maintainer, a removable space maintainer, or a special fixed appliance.
Factors Influencing Market Growth
Growing geriatric populations, a surge in awareness about oral health, and the increasing demand for orthodontic products have all contributed to the growth of the global orthodontics market.
Growing demand for orthodontic procedures in emerging countries, including China and India, and huge untapped market potential are forecast to provide lucrative opportunities for the global market.
An increase in the children’s population has boosted the growth in the orthodontics market. Children often undergo dental surgeries. As an example, according to ‘The State of America’s Children 2021’, there were about 73 million children in America in 2019.
The introduction of new products and advances in orthodontic technology is forecast to contribute to the market’s growth
The high cost of orthodontic treatments and adverse effects associated with orthodontic treatment may slow down the global market growth.
Impact Analysis of COVID-19
The COVID-19 outbreak had a negative impact on the global orthodontics market growth. In many countries, dental clinics could not operate due to COVID-19 and the ongoing lockdowns. COVID-19 spread rapidly, resulting in a serious public health issue. In order to prevent the spread of COVID-19, most dental surgeries are either canceled or postponed.
Despite this, dental clinics are undergoing renovations to operate safely, which is forecast to contribute toward the market’s growth.
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Regional Insights
North America accounted for the largest share of the orthodontics market in 2021 and is forecast to continue to lead the global market during the forecast period. Due to an increase in the prevalence of malocclusion, the presence of key players in orthodontic research, and well-developed infrastructure in the region.
The Asia Pacific is forecast to grow at the fastest rate during the forecast period. As a result of an increase in dentists, increased healthcare expenditures, and a high target population.
Leading Competitors
The leading prominent companies profiled in the global orthodontics market are:
3M Company
Align Technology, Incorporated
American Orthodontics
Envista Holdings Corporation
Dentaurum GmbH & Co. KG
Dentsply Sirona Incorporated
G&H Orthodontics, Inc. (Altaris Capital Partners, LLC)
Henry Schein, Incorporated
Rocky Mountain Orthodontics, Incorporated
T.P. Orthodontics, Incorporated
Other Prominent Players
Scope of the Report
The global orthodontics market segmentation focuses on Age group, Type, and Region.
Segmentation based on Age group
Adults
Children
Segmentation based on Type
Brackets
Fixed brackets
Removable brackets
Anchorage Appliances
Bands and buccal tubes
Miniscrews
Ligatures
Elastomeric ligatures
Wire ligatures
Archwires
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Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
What are the aspects of this report that relate to regional analysis?
?The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
?The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
?Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
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