Global Orthodontic Supplies Market Outlook 2030

  • Product Code:
    RP-ID-10059345
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    139
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-12

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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The market size of orthodontic products in 2021 is estimated to be around USD 6 billion, and the compound annual growth rate from 2022 to 2030 is expected to exceed 12%. The increasing prevalence of oral diseases, including malocclusion, is driving market growth. Increasing technological progress and increased awareness of oral health and orthodontic procedures are some of the main factors that promote market expansion. More and more people in developed regions choose orthodontic surgery and increase their disposable income, leading to an increase in the demand for orthodontic products. In addition, ongoing orthodontic research and development is leading to greater adoption of orthodontic products.

However, some strict regulatory agencies have implemented regulations on the processing and distribution of orthodontic products to ensure a high level of patient care. The United States Food and Drug Administration (USFDA) regulates the manufacture and labeling of orthodontic products. The US FDA Dental Products Panel (DPP) reviews and evaluates data related to the safety and effectiveness of marketed and research orthodontic products. The Center for Radiological Equipment and Health (CDRH) encourages dental professionals to use faster X-ray film to reduce patient exposure to radiation. Therefore, the regulations implemented by these regulatory agencies are leading to the development of effective orthodontic products.

The emergence of the COVID-19 pandemic on a global scale is an increasingly serious public health problem, which has affected the markets demand for orthodontic products to a certain extent. Children and adults account for the vast majority of orthodontic patients, and the regular movement of these patients in the orthodontic environment increases the chance of exposure to the virus. Therefore, it is strongly recommended to maintain social distancing in an orthodontic environment. Orthodontists have been advised to reduce the number of patients, and adult patients are advised not to bring their companions to the orthodontic clinic. In addition, healthcare professionals around the world have postponed non-emergency orthodontic surgery to reduce the risk of patients being exposed to COVID-19 in the hospital. Due to reduced patient flow, some orthodontic environments have stopped working. However, the improvement of the global epidemic situation has further simplified the expansion of the industry.

In the next few years, the increase in malocclusion cases will drive the market value of orthodontic products. Malocclusion mainly affects children and reaches the highest prevalence in the world in early childhood. According to a recent research article, more than half of adolescents and children worldwide suffer from at least one type of malocclusion. Therefore, with the increase in the number of children worldwide, the prevalence of malocclusion has increased significantly.

More and more people suffer from dental injuries due to mechanical falls and accident-related injuries, leading to more and more cases of malocclusion. Malocclusion affects dental aesthetics and psychological self-confidence, and has a negative impact on daily life. It also makes patients feel uncomfortable with their teeth and facial appearance due to social interaction. Therefore, most people seek orthodontic treatment, increasing the demand for orthodontic supplies. Poor oral health of the adult population is considered a risk factor for malocclusion. Therefore, the increasing population of this population has led to an increase in the number of malocclusion cases.

DUE TO THE EASE OF THE DESIGN AND REINSERTION , THE GROWING PREFERENCE FOR REMOVABLE ORTHODONTIC APPLIANCE WILL STIMULATE THE REVENGE OF THE ORTHODONTIC PRODUCTS MARKET:

The segment of removable orthodontic appliances accounted for $3.29 billion in 2019, and its fine design provides greater comfort Degree, easy to disassemble and reinsert. These braces can be removed for several hours a day to help patients meet their needs, such as eating, drinking, and brushing their teeth. Therefore, these braces reduce the risk of oral hygiene problems during treatment, and there is a high demand for the treatment of children and adults.

Removable braces put minimal pressure on the patient’s teeth and gradually move the teeth into place. The detachable shoulder strap is invisible and has become more and more popular because of its beautiful appearance. In addition, some detachable brackets are cost-effective and cheaper than traditional brackets. Removable orthodontic appliances have been shown to be effective in correcting mild to moderate diseases associated with crowded teeth, uneven teeth, and skewed and protruding teeth. Due to the shorter duration of treatment, these appliances also require fewer visits or consultations with orthodontists. After treatment with a fixed brace system, removable braces can also be used to keep the teeth in the correct position.

Due to the increase in the adult population, increasing attention to facial aesthetics and the increasing prevalence of orthodontic diseases, the adult segment of the orthodontic products market is expected to show a growth rate of 10% by 2026. Adult patients seek orthodontic treatment to improve their facial beauty and make it easier to replace, reposition, or restore teeth. Therefore, the demand for orthodontic products for the treatment of adult patients is significantly increasing.

Adult patients suffer from orthodontic conditions such as insufficient bone mass between the roots, insufficient blood supply, marginal bone loss, overbite, and mild gingivitis infection caused by aging factors. With the improvement of patient awareness and lifestyle changes, the demand for adult orthodontics is also increasing. Dental multidisciplinary allows for better management of the most complex and unique needs of adult patients, improving the quality of care and treatment prognosis, thereby increasing the demand for orthodontic products.

Due to the increase in disposable income, more and more people like cosmetic orthodontic treatments and improvements in the dental health care system, the United States dominates the North American orthodontic products market and maintained a revenue share of more than 93% in 2020. According to a study by the American Orthodontic Association, about one-third of the American population is dissatisfied with their smiles and are more willing to undergo orthodontic surgery. The increase in disposable income in the country has enabled people to access dental care services. On average, 15% to 20% of the American population suffers from malocclusion. As a result, the number of visits to the orthodontic environment in this area has increased.

The increasing awareness of oral health in the region has forced people to go to orthodontic clinics. For example, the American Association of Orthodontists (AAO) is committed to educating the public about the necessity and benefits of orthodontic treatment. The Dental Accreditation Committee (CODA) of the American Dental Association (ADA) certifies predoctoral dental education programs, such as the Dental Hygienist Program and Advanced Dental Education Program. In addition, the federal government provides and directly pays for oral health care for several different parts of the U.S. population.

Due to the increasing number of adolescents undergoing orthodontic surgery, Germany has the largest revenue in the European orthodontic products market, exceeding US$331 million in 2019. In the past 20 years, the density of dentists across Germany has increased significantly and the number of services has increased by more than 27%. In addition, the German dental health policy, which focuses on a cost-effective model, has led to the increasing use of orthodontic treatment.

SEVERAL STRATEGIC INITIATIVES IMPLEMENTED BY MAJOR MARKET PLAYERS WILL DRIVE INDUSTRY GROWTH:

Some of the major players operating in the orthodontic products market are 3M, Align Technology Inc., American Orthodontics Inc., Astar Orthodontics Inc., DB Orthodontics Ltd, Dental Morelli Ltd. , G&H Orthodontics Inc and Rocky Mountain Orthodontics. These companies engage in strategic acquisitions, mergers, cooperation and alliances to increase their industry influence and geographic coverage. The continued investment of these market leaders has led to innovative product development and product launches, thereby helping them expand their product portfolio and expand their customer base.

LATEST INDUSTRY TRENDS:

In July 2020, Align Technology, Inc. today announced the global launch of Align Digital and Practice Transformation (ADAPT) services to provide the tools and support needed to help clinicians effectively migrate to digital orthodontic practice alignment器model. This strategic move will help the company improve its product portfolio and expand its customer base. In May 2019, Great Lakes Dental Technologies announced the launch of a new ComfortTrack transparent orthodontic material designed specifically for patient comfort. This strategic move helped the company improve its product portfolio.

THE ORTHODONTIC PRODUCTS:

Market Research Report includes in-depth reports on the industry, and estimates and forecasts the following market segments based on USD revenue from 2022 to 2030: By product, bracket fixation brackets from 2022 to 2030 (millions of dollars) ArchwiresLigaturesAnchorage Appliances Removable BracesOrthodontic Adhesive per other patient, 2022 to 2030 (US$ million) Children and adolescent adults.


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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