USD 2763.71 million
Global Orthodontics Market Size, Share, Growth Analysis, By Type(Instruments, Supplies (Fixed), By End User(Hospitals, Dental Clinics) - Industry Forecast 2024-2031
Report ID:
SQMIG35A2109 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
69 |
Figures:
75
Global Orthodontics Market Insights
Orthodontics Market size was valued at USD 2763.71 million in 2019 and is poised to grow from USD 3059.43 million in 2023 to USD 7637.8 million by 2031, growing at a CAGR of 10.7% in the forecast period (2024-2031).
The global impact of COVID-19 has been unprecedented and astonishing, with orthodontics experiencing a significant decrease in demand across all areas because of the pandemic. Through networking, the dentistry business is seeing a significant boost all around the world. These tools are often used in the treatment of misaligned teeth. Straight and well-aligned teeth are simple to keep. Orthodontic therapy not only benefits dental health but also enhances a person's overall look. Because of the numerous clinical and cosmetic benefits, demand for goods such as aligners, braces, and so on is fast expanding.
The patient population for orthodontic treatment has grown due to greater knowledge of dental malocclusion and enhanced diagnostic instruments that help in early identification. Furthermore, a progressive movement toward preventative oral care, increased concern for equipment hygiene, and attractive health reimbursement for dental malocclusion treatment are expected to fuel the business during the projected period.
US Orthodontics Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Hospital
Fastest Growth
Hospital
Growth Rate
10.7% CAGR
Global Orthodontics Market 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Orthodontics Market Size by End-User, 2021-2028 ($ Bn)
Global Orthodontics Market Size by End-User, 2021-2028 (%)
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Global Orthodontics Market Segmental Analysis
The global Orthodontics Market is segmented based on type, end-user, and region. Based on Type, the Orthodontics Market is segmented into Instruments, Supplies (Fixed, Brackets, Bands & Buccal Tubes, Archwires, Others), and Removable (Aligners, Retainers, Others). Based on End Users, the Orthodontics Market is segmented into Hospitals, Dental Clinics, and Others. Based on region, the Orthodontics Market is categorized into North America, Europe, Asia-Pacific, and MEA.
Orthodontics Market Analysis by type
The supplies category held the largest market share in 2020 and is expected to continue to dominate the market throughout the forecast period. The rapid acceptance of modern dental methods, increased penetration of clear aligners, the introduction of new products, and a progressive trend toward aesthetic dentistry all contribute to the growth of the supplies category. The removable category can be further subdivided into aligners, retainers, and others. During the analysis period, the aligners segment is expected to increase at a rapid pace. The segment's rapid rise is mostly attributable to the growing use of clear aligners in both developing and established nations.
Global Orthodontics Market Share By End-User, 2021 (%), 2023 (%)
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Global Orthodontics Market Regional Insights
North America accounted for more than 1 billion in revenue in 2021 and is expected to lead the market during the forecast period. The adoption of technologically sophisticated instruments helping in dental treatment, such as oral scanners, and increased investment by start-up dental supplies, are projected to drive the market in North America. The increased adoption of dental treatments, particularly in the United Kingdom, Germany, and France, as well as a rise in the number of orthodontists, are predicted to enhance market size in Europe. Furthermore, the growing index of treatment demands for dental malocclusions is expected to fuel the European industry. Due to the development in freestanding dental clinics, the growing frequency of dental malocclusions, and technological improvements in the dental sector, demand for equipment in the Asia Pacific is expected to spike throughout the projected period. Furthermore, the increasing movement toward preventative dental care and enhanced local supply manufacturing in Japan is projected to support Asia Pacific market growth.
Global Orthodontics Market By Geography, 2021 - 2028, 2024-2031
- Largest
- Fastest
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Global Orthodontics Market Dynamics
Orthodontics Market Driver
- Increasing the Burden of Malocclusion in Teeth to Increase Demand for Orthodontic Products
One of the key drivers of market expansion is the increasing frequency of dental malocclusions globally. Dental malocclusion is defined as morphological changes that are unrelated to other illnesses or pathological circumstances. According to Align Technology, one of the industry's leading players, there are around 12 million cases of dental misalignment and malocclusion seeking treatment worldwide, with Asia Pacific accounting for almost one-third of the cases. Many public stakeholders have launched preventative and awareness campaigns to address the rising occurrence of malocclusions, which is likely to drive product demand. Furthermore, unmet patient demands are another major aspect that is expected to drive the market throughout the forecast period.
Orthodontics Market Restraint
- Procedures are Expensive, Limiting Market Growth
One of the most significant impediments is the high expense of various treatment alternatives. While a rising number of patients choose orthodontics for a variety of reasons (improved dental health or aesthetic enhancement), the issue of excessive treatment costs persists. Another issue that contributes to the ambiguity around orthodontic treatment is the fact that each individual treatment is very individualized. As a result, there is a larger degree of fluctuation in treatment costs on a case-by-case basis, and patients may be concerned about the total treatment expenses. Treatment prices vary depending on the kind and length of treatment, the location of treatment, the patient's age, and the availability of dental insurance.
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Global Orthodontics Market Competitive Landscape
The worldwide market is concentrated, with prominent players including Ormco Corporation, Align Technology, 3M, and Institut Straumann AG. In terms of revenue, Align Technology has the largest market share, owing to the phenomenal success of Invisalign across the world. However, the company's market share is projected to suffer as a result of 3M's introduction of transparent aligners. Ormco Corporation and Institut Straumann AG's significant position in the sector is due to an expanded distribution network, deeper penetration, and strategic alliances.
Orthodontics Market Top Player’s Company Profiles
- Great Lakes Dental Technologies
- DB Orthodontics
- Align Technology, Inc.
- Danaher Corporation
- 3M Company
- Dentsply Sirona Inc.
- Henry Schein, Inc.
- G&H Orthodontics, Inc.
- Rocky Mountain Orthodontics, Inc.
- American Orthodontics Corporation
- TP Orthodontics, Inc.
- Ultradent Products Inc.
- ClearCorrect, LLC
- Ormco Corporation
- Smartee
- Scheu Dental GmbH
- FORESTADENT Bernhard Foerster GmbH
- Dentaurum GmbH & Co. KG
- Leone S.p.A.
- TP Orthodontics, Inc.
Orthodontics Market Recent Development
- In May 2022, The Straumann Group has agreed to fully purchase PlusDental, a European provider of orthodontic treatment options. This purchase will expand the Group's strategic consumer expertise and uncover further growth opportunities. PlusDental has established a large network of clinics around Europe, which will help the Group's progress, particularly in the Netherlands, Sweden, and the United Kingdom.
- In July 2022, 3M Inc. announced that its $8.6 billion health care division would be spun off at the end of 2023.
Global Orthodontics Key Market Trends
- With virtual photographs of the patient's jaw, teeth, and mouth, the advent of dental 3D scanners and dental imaging has decreased the need for handwritten descriptions and assisted in optimal treatment planning. Manufacturers' development of technologically upgraded diagnostic equipment for clinical diagnosis of oral health and identification of misaligned teeth has improved treatment quality. Furthermore, combining CAD/CAM & 3D technology, IoT software, and AI-based technologies with dentistry and orthopaedic treatments to precisely cure a patient's misaligned teeth is boosting the orthodontics industry.
- The orthodontics sector is seeing a surge in demand for dental aesthetics among people of all ages. The introduction of transparent aligners has achieved fast commercial momentum. Because of the greater comfort and aesthetics associated with transparent aligners, customers are increasingly choosing them over traditional wire braces. Rising consumer spending on cosmetic dentistry is propelling the industry dramatically.
Global Orthodontics Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates, and analyses the data collected by means of primary exploratory research backed by robust secondary desk research.
According to our analysis, During the projected period, Asia Pacific is expected to be the most opportune segment. Asia Pacific is distinguished by its large young population. Furthermore, the region's growing kid and geriatric populations are likely to fuel the Asia Pacific orthodontics market. The rising frequency of dental malocclusions, the increasing number of private dental clinics, and the increasing usage of modern technology are all predicted to boost market growth. In India, the prevalence of malocclusions is believed to range from 20% to 43%.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 2763.71 million |
| Market size value in 2031 | USD 7637.8 million |
| Growth Rate | 10.7% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Orthodontics Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Orthodontics Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Orthodontics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Orthodontics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Orthodontics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Orthodontics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Orthodontics Market Report Snapshots
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