The global orthodontic supplies market size is projected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing popularity of malocclusion worldwide and increased awareness of the cost of effective orthodontic treatment.
Orthodontics is the part of dentistry that includes the adjustment of jaws and abnormal teeth to improve the appearance and function of teeth and jaws. It also helps to maintain healthy teeth, gums, and temporomandibular joints in the long-term, while expanding the bite. Orthodontic treatment was previously associated with adolescents and children, but now many adults also seek orthodontic treatment to correct oral problems to improve oral health and appearance. Poorly positioned teeth are difficult to match correctly, leading to tooth decay and periodontal disease. It also puts extra pressure on the masticatory muscles, which eventually leads to headaches, temporomandibular joints, neck, shoulders, and back. Orthodontic supplies include dental arches, braces, mouth tubes, and braces. Orthodontic accessories can be used to correct misaligned or crowded teeth.
The Covid-19 pandemic affected the demand and supply of global orthodontic supplies market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing cases of malocclusion in adults and children is expected to boost the market during the forecast period.
- Rapid growth of the healthcare industry owing to increasing expenditures for improving dental care systems is major factors fueling the market.
- Rising awareness among people about oral healthcare with growing disposable income is anticipated to drive the market during the forecast period.
- High cost associated with orthodontic treatment and strict government regulation for using high quality dental care tools is projected to restrict the market growth.
- Lack of awareness about different treatment methods and unfavorable reimbursement policies by financial institutions and government act as major challenges that can hamper the market growth during the forecast period.
- R&D investment and development of painless treatment and increasing awareness among people is projected to offer significant opportunities for the market players.
Scope of the Report
The report on the global orthodontics supplies market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Orthodontics Supplies Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Product Types (Removable Type and Fixed Type [Brackets, Archwires, Anchorage Appliances, Ligatures, and Others]), and Patients (Adult and Children)
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report
The 3M Company; DB Orthodontics Ltd.; American Orthodontics; G & H Orthodontics Inc.; and Great Lakes Orthodontics Ltd.
Market Segment Insights
The brackets segment is projected to hold a key market share
Based on product types, the orthodontics supplies market is bifurcated into removable type and fixed type. The fixed segment is further segregated into brackets, archwires, anchorage appliances, ligatures, and others. The brackets segment is expected to represent a key share of the market during the forecast period. Brackets are the first choice for orthodontists, mainly because of their comfort and convenience, which drives the market. Oral surgery will continue to drive the brackets segment in the orthodontic market. In addition, brackets treatment usually takes less time, and increasing prevalence of malocclusion and chronic orthodontic diseases is expected to drive the segment in the global orthodontic service market. In addition, growing awareness of oral care, rising number of dentists and increasing dental diseases are expected to drive the market during forecast period. On the other hand, the removable type segment is anticipated to expand at a rapid pace during the forecast period owing its convenient and easy to remove and reinsert mechanism, these devices can be removed for several hours a day to help patients meet their diet and tooth brushing needs. Therefore, these devices reduce the risk of oral hygiene problems that may occur during treatment and are in great demand in the treatment of children and adults. Removable braces apply minimal pressure to the patient's teeth and gradually move the teeth into place. Removable braces are invisible and are becoming popular because of their beautiful appearance. In addition, some removable braces are more economical and cheaper than traditional removable braces.
The adult segment is expected to grow at a significant pace
In terms of patient, the orthodontic supplies market is bifurcated into adult and children. The adult segment is expected to hold a key share of the market during forecast period owing to growing adult population and increasing attention to facial aesthetics and rising popularity of dental diseases. Adult patients have orthodontic conditions such as insufficient bone mass between the roots, insufficient blood supply, loss of marginal bone, malocclusion, mild gingivitis infection, and other orthodontic conditions due to age factors.
North America is anticipated to dominate the market
On the basis of regions, the orthodontics supplies market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market during the forecast period. The North American orthodontic market is mainly driven by high incidence of dental diseases and growing demand for aesthetics.
Segments Covered in the Report
The global orthodontics supplies market has been segmented on the basis of
- Removable Type
- Fixed Type
- Anchorage Appliances
- Asia Pacific
- North America
- Latin America
- Middle East & Africa
- The 3M Company
- DB Orthodontics Ltd.
- American Orthodontics
- G & H Orthodontics Inc.
- Great Lakes Orthodontics Ltd.
Key players competing in the orthodontics supplies market include The 3M Company; DB Orthodontics Ltd.; American Orthodontics; G & H Orthodontics Inc.; and Great Lakes Orthodontics Ltd.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.