Global Orthodontic Supplies Market

Orthodontic Supplies Market Size, Share, Growth Analysis, By Type(Fixed Braces, Brackets), By Patients(Children & Teenagers and Adults) - Industry Forecast 2024-2031


Report ID: SQMIG35I2156 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 61 | Figures: 75

Orthodontic Supplies Market Dynamics

Orthodontic Supplies Market Drivers

Increasing prevalence of malocclusion worldwide

  • The growing prevalence of malocclusion on a global scale is a key factor in the expansion of the market for orthodontic supplies. Malocclusion, characterised by misaligned teeth and an inappropriate bite, is becoming more widespread due to lifestyle factors such as unhealthful eating patterns and evolving oral hygiene routines. More people seek correction as awareness of the aesthetic and functional advantages of orthodontic treatments grows, which increases demand for orthodontic materials such as braces, aligners, and wires. Additionally, the growth of this industry is influenced by increased disposable incomes in emerging nations, where more people can now afford these orthodontic procedures. With the confluence of these variables, the global malocclusion burden and potential investment opportunity, the orthodontic supplies market is primed for significant expansion.

Orthodontic Supplies Market Restraints

High cost associated with orthodontic treatments

  • One significant restraint impacting the global orthodontic supplies market is the high cost associated with orthodontic treatments. Orthodontic procedures, including the use of braces, aligners, and other orthodontic appliances, can be expensive, making them less accessible to a significant portion of the population, especially in developing regions. Additionally, limited insurance coverage for orthodontic treatments further adds to the financial burden for patients. The high cost of orthodontic supplies and treatments poses a challenge in terms of affordability, limiting the market's potential growth and adoption, particularly among individuals with lower income levels.
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Orthodontic Supplies Market size was valued at USD 2.73 billion in 2022 and is poised to grow from USD 2.87 billion in 2023 to USD 4.28 billion by 2031, growing at a CAGR of 5.10% during the forecast period (2024-2031).

The orthodontic supplies market is characterized by a diverse range of manufacturers and suppliers striving to meet the growing demand. These players focus on product development, strategic collaborations, and mergers and acquisitions to strengthen their market position. Additionally, technological advancements and innovations play a crucial role in gaining a competitive edge. Market participants are also emphasizing marketing and promotional activities to create brand awareness and expand their customer base. The competitive environment is dynamic, driven by factors such as product quality, pricing, customer service, and geographical presence. '3M Company (US)', 'Align Technology, Inc. (US)', 'American Orthodontics (US)', 'Dentsply Sirona Inc. (US)', 'Danaher Corporation (US)', 'Ormco Corporation (US)', 'TP Orthodontics, Inc. (US)', 'Henry Schein, Inc. (US)', 'DB Orthodontics Ltd (UK)', 'Great Lakes Orthodontics, Ltd. (US)', 'G&H Orthodontics, Inc. (US)', 'Rocky Mountain Orthodontics (US)', 'Dentaurum GmbH & Co. KG (Germany)', 'Septodont Holding (France)', 'FORESTADENT Bernhard Förster GmbH (Germany)', 'Straumann Group (Switzerland)', 'Scheu Dental GmbH (Germany)', 'Groupe GACD (France)', 'AB Orthodontics Ltd (UK)', 'Dentium Co., Ltd. (South Korea)'

The growing prevalence of malocclusion on a scale is a key factor in the expansion of the market for orthodontic supplies. Malocclusion, characterised by misaligned teeth and an inappropriate bite, is becoming more widespread due to lifestyle factors such as unhealthful eating patterns and evolving oral hygiene routines. More people seek correction as awareness of the aesthetic and functional advantages of orthodontic treatments grows, which increases demand for orthodontic materials such as braces, aligners, and wires. Additionally, the growth of this industry is influenced by increased disposable incomes in emerging nations, where more people can now afford these orthodontic procedures. With the confluence of these variables, the malocclusion burden and potential investment opportunity, the orthodontic supplies market is primed for significant expansion.

One key market trend in the orthodontic supplies industry is the growing adoption of digital dentistry technologies. Digital tools such as intraoral scanners, CAD/CAM systems, and 3D printing have revolutionized the orthodontic treatment process. These technologies offer improved accuracy, efficiency, and patient comfort. Dentists and orthodontists are increasingly integrating digital workflows into their practices, enabling precise treatment planning, customization of orthodontic appliances, and faster turnaround times. The shift towards digital dentistry is expected to continue driving advancements in the orthodontic supplies market, enhancing treatment outcomes and patient experiences.

North America dominated the orthodontic supplies market. The region has a well-established healthcare infrastructure, advanced dental facilities, and a high level of awareness regarding dental health. Additionally, the increasing prevalence of malocclusion, periodontal diseases, and oral cancer cases has contributed to the growing demand for orthodontic supplies in North America. The region also witnesses a higher adoption rate of novel dental treatments and advanced technologies, such as 3D printing and dental lasers. Moreover, the availability of skilled dental professionals and the presence of key market players in the region further contribute to its dominance in the orthodontic supplies market. North America is expected to continue its dominance in the market during the forecast period.

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Global Orthodontic Supplies Market

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