Global Orthodontics Market

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 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.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

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 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. '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.'

Increasing the Burden of Malocclusion in Teeth to Increase Demand for Orthodontic Products

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.

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.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Orthodontics Market

Product ID: SQMIG35A2109

$5,300
BUY NOW GET FREE SAMPLE