Orthodontic Supplies Market
The global Orthodontic Supplies Market boasts a total value of $6.9 billion in 2023 and is projected to register a growth rate of 7.9% to reach a value of $10.1 billion by 2030.
The orthodontic supplies market growth can be attributed to The orthodontic supplies market is mainly driven by factors such as increasing number of patients suffering from malocclusions, jaw diseases, dental caries/loss of teeth and tooth pain. jaw ; the increase in disposable incomes and the expansion of the middle class in developing countries; increase awareness of advanced orthodontic treatments; and continued research and technological advancements in orthodontic products. Additionally, initiatives undertaken by governments to increase awareness of orthodontic treatments are expected to drive the demand for orthodontic supplies.
On the other hand, high costs associated with orthodontic treatments and lack of reimbursements in various emerging countries are expected to restrain the market growth to some extent in the coming years.
Orthodontic supplies Market Dynamics
Driver: Globally, there is an increasing number of people with malocclusions and jaw illnesses.
With the rapid growth in the number of people suffering from these conditions worldwide, the demand for orthodontic appliances is expected to increase in the coming years. Crossbite, open bite, overbite and spacing are some of the orthodontic conditions in children and adolescents all over the world. Orthodontic products are used to straighten and align teeth, correct abnormal bites and fill in unsightly gaps. Orthodontic appliances such as fixed and removable appliances are widely adopted by people suffering from malocclusions and jaw diseases. According to the article published by the Journal of Family Medicine and Primary Care in 2019, the prevalence of malocclusion in school children has been reported between 12.5% ??and 33.3%.
Restraint: Expensive advanced orthodontic procedures
Because orthodontic goods and procedures are so expensive, they are out of reach for the vast majority of people in many underdeveloped nations. This reduces demand for and adoption of orthodontic treatments in both emerging and developed nations, thus impeding market growth.
Opportunity: Emerging markets provide prospects for growth.
Emerging countries such as China, India, and Brazil are expected to provide huge growth opportunities for manufacturers operating in the orthodontic supplies market. Improved healthcare infrastructure, increased healthcare spending and lower orthodontic treatment costs in countries such as Brazil and Mexico are increasingly prompting well-established players to undertake strategic developments to strengthen their foothold. geographical location in emerging countries with the aim of attracting a large number of customers is expected to drive the growth of the orthodontic supplies market in emerging countries.
In 2021, the removable braces sector will have the greatest CAGR by product over the projection period.
The removable orthodontic appliance market is driven by product innovation and growing awareness of the benefits of removable appliances. Additionally, the growing demand for invisible dental appliances among teenagers and adults due to their aesthetic benefits is driving the growth of this market. Several prominent players in the market are introducing Invisible Dental Appliances into their product portfolios or gaining a foothold and conducting various marketing activities such as campaigns in this market to ensure their future growth.
In 2023, the Adult category accounted for a sizable part of the global orthodontic supplies market by patient.
Adults include those aged 19 and over. Adults opt for orthodontic treatments to improve their orofacial appearance, aesthetics, self-image and self-confidence. The growth of this segment is driven by the growing number of adults seeking tooth straightening treatments and the growing awareness of the application of clear brackets to enhance aesthetic value and increase disposable income in various parts of the world.
In 2023, the hospital and dental clinics held the highest share of the global orthodontic supplies market by end user.
The ever-increasing prevalence of malocclusions globally, as well as greater expectations for superior dental healthcare among the world's growing population, all contribute to a growth in the use of orthodontic treatments in hospitals and dental clinics. Furthermore, private dental investors want to build a network of dental clinics and hospitals that provide modern orthodontic treatments. Furthermore, many hospitals are boosting orthodontic surgeons' expertise of the many treatments and services offered, which is expected to assist the industry's growth.
During the projected period, the Asia Pacific market is predicted to develop at the fastest CAGR.
The orthodontic supplies market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America accounted for the largest orthodontic supplies market share in 2023. This dominance can be attributed to factors such as high per capita income in the United States and Canada, increasing public and private funding for supporting the dental industry, the higher demand for orthodontics among teenagers, and the presence of major manufacturers of orthodontic products in North America (especially the United States).
Asia-Pacific is expected to register the highest growth over the forecast period due to the growing attention to aesthetics in adults and the increased incidence/prevalence of malocclusion and malocclusion. dental caries in various Asian countries, the emergence of small manufacturers, the geographical expansion of private dental clinics and the growing healthcare expenditures and growing collaborations between players in the region.
Key Market Players
Align Technology (US), 3M (US), Envista Holdings Corporation (US), InstitutStraumann AG (Switzerland), and Dentsply Sirona (US). Other prominent players in this market include Henry Schein (US), American Orthodontics (US), Rocky Mountain Orthodontics (US), G&H Orthodontics (US), Dentaurum (Germany), TP Orthodontics (US), Great Lakes Dental Technologies (US), DB Orthodontics (UK), MorelliOrtodontia (Brazil), InstitutStraumann AG (Switzerland), Ultradent Products (US), Aditek Orthodontics (Brazil), MATT Orthodontics (US), JJ Orthodontics (India), Sino Ortho Limited (China), and JISCOP Co., Ltd. (South Korea).
Align Technology:
Align Technology is a global leader in orthodontic supplies and a major manufacturer and marketer of removable dental equipment. It is expanding its business by investing in resources, infrastructure, and initiatives that will accelerate the spread of Invisalign therapy in existing and new foreign markets. Product development is the company's major business strategy for ensuring market expansion. During the previous four years, the organisation has expanded its product offerings for patients of all ages. The organisation also gives awards in the disciplines of orthodontics and dentistry through initiatives such as the annual fellowship programme.
Scope of the Report
This research report categorizes the orthodontic supplies market based on product, patient, end-user, and region
By Product
- Fixed Braces
- Brackets, by Type
- Conventional Brackets
- Self-ligating Brackets
- Lingual Brackets
- Brackets, by Material
- Metal/Traditional Brackets
- Ceramic/Aesthetic Brackets
- Archwires
- Beta Titanium Archwires
- Nickel Titanium Archwires
- Stainless Steel Archwires
- Anchorage Appliances
- Bands and Buccal Tubes
- Miniscrews
- Ligatures
- Elastomeric Ligatures
- Wire Ligatures
- Brackets, by Type
- Removable Braces
- Adhesives
- Accessories
By Patient
- Adults
- Children and teenagers
By End User
- Hospitals, and Dental Clinics
- E-Commerce Platforms
- Other End Users
By Region
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- RoEU
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
Recent Developments
- In May 2022, Align Technology entered into strategic partnership with Asana, Inc. Through this strategic partnership, Align Technology will provide its Invisalign clear aligners to trained doctors in the US through the Asana Smile customizable workflow solution.
- In May 2022, Straumann acquired PlusDental to expand its footprint in the doctor-led consumer orthodontics segment across the Netherlands, Sweden, and the UK.
In January 2021, Dentsply Sirona acquired Byte, an at-home aligner company, in with an aim to strengthen its clear aligner product portfolio.