According to Fact.MR, a market research and competitive intelligence company, the global orthodontic supplies market is expected to reach a valuation of US$ 12 billion by 2026, growing at a high-value CAGR of 11%.
For jaw growth, tooth movement, and muscle retention, a variety of permanent and removable apparatus is offered. Braces, specific fixed equipment, and fixed space maintainers are examples of fixed orthodontic products, whereas aligners, removable retainers, palatal expanders, and other items are examples of removable orthodontic products.
Factors such as the rising prevalence of orthodontic diseases, the acceleration of technological development, and increased public awareness of orthodontic operations are driving the market.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ฎ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/connectus/sample?flag=S&rep_id=7641?PS
โข According to an October 2021 Dentistry Journal research, malocclusion, along with periodontal disease and cavities, is regarded as one of the most important dental health disorders.
Malocclusion is thought to affect between 39% and 93% of children and adolescents. The prevalence of malocclusion in the population is expected to rise, driving demand for orthodontics products such as braces and aligners and propelling market growth.
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
โข The global increase in patients suffering from tooth decay, malocclusions, jaw pain, and other jaw ailments is driving increasing demand for orthodontic products. For example, malocclusion, or misaligned teeth, is the worldโs third-most common dental ailment, affecting 60% to 75% of the population.
โข Growing awareness of the benefits of orthodontic treatment, as well as continual product innovations that provide improved performance and efficiency, will help to boost sales of orthodontic devices.
โข Because of rising demand for invisible braces among adults and teenagers, as well as increased acceptance of orthodontic treatments in emerging nations, the global market for orthodontic supplies is expected to grow.
โข From 2022 to 2026, demand for orthodontic equipment is predicted to grow at an 11% CAGR.
๐ช๐ถ๐ป๐ป๐ถ๐ป๐ด ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐
Market expansion is anticipated to be boosted by various tactics used by major industry players, such as collaborations & acquisitions, partnerships, mergers, and more.
โข For instance, Propel Orthodonticsโ assets were purchased by Dentsply Sirona in June 2021. With this acquisition, the business will be better positioned to compete in the quickly expanding market for orthodontic products.
โข The Ormco Corporation introduced the Ultima Hook, which was created especially for the Ultima wire, in May 2022. It is made to work effectively and efficiently in conjunction with orthodontic treatment to address malocclusions.
โข Eon Dental unveiled an updated Eon Aligner ecosystem of support utilities and solutions in April 2022. To supply cutting-edge, patient- and doctor-centric solutions, Eon Aligner will be able to offer more initiatives to its clients with the help of this new launch.
๐๐ข๐ฉ๐๐-๐ญ๐ต ๐๐บ๐ฝ๐ฎ๐ฐ๐ ๐ผ๐ป ๐๐ต๐ฒ ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐ผ๐ฟ๐๐ต๐ผ๐ฑ๐ผ๐ป๐๐ถ๐ฐ ๐๐๐ฝ๐ฝ๐น๐ถ๐ฒ๐ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐
The COVID-19 pandemic has significantly affected the orthodontic supplies market. Due to the pandemic, the orthodontic supplies market experienced short-term negative growth, which can be attributed to a sharp reduction in access to hospital temporarily shutdown of orthodontic clinics. This led to reduction in the dental spendings amount patients. According to the American Dental Association (ADA), the US witnessed a decline of 66% in dental spending in 2020. Around 32% of reduction in US dental spending is expected in 2021.
The restricted or limited access to dental clinics, temporary closure of hopitals, and implementation of strict lockdown resulted in a reduction in the number of monthly appointments in dental clinics. This further reduced the sales of orthodontic products. With the reopening of hospitals and dental clincs along with the penetration of tele dentistry and relaxations in lockdown measures, growth in this market is expected to pick up pace in the coming months.
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐ถ๐ป ๐ข๐ฟ๐๐ต๐ผ๐ฑ๐ผ๐ป๐๐ถ๐ฐ ๐ฆ๐๐ฝ๐ฝ๐น๐ถ๐ฒ๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
By Product :
โข Fixed Braces
โข Removable Braces
โข Retainers
โข Adhesives
โข By Patient :
โข Children & Teenagers
โข Adults
By End User :
โข Hospitals
โข Dental Clinics
โข Others
By Region :
โข North America
โข Latin America
โข Europe
โข East Asia
โข South Asia & Oceania
โข MEA
๐ ๐ผ๐ฟ๐ฒ ๐ฉ๐ฎ๐น๐๐ฎ๐ฏ๐น๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐ ๐ผ๐ป ๐ข๐ณ๐ณ๐ฒ๐ฟ
Fact.MR, in its new offering, presents an unbiased analysis of the global orthodontic supplies market, presenting historical demand data (2017โ2021) and forecast statistics for the period of 2022โ2026.
The study divulges essential insights on the market on the basis of product (fixed braces, removable braces, retainers, adhesives), patient (children & teenagers, adults), and end user (hospitals, dental clinics, others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).
Read More Details: https://www.factmr.com/report/orthodontic-supplies-market
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