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Orthodontic Supplies Market by Product, Retainers), Patient And Region - Global Forecast to 2023

Orthodontic Supplies Market: Global Forecast until 2023

  • April 2018
  • 171 pages
  • ID: 4268640
In this report:
The Asia Pacific orthodontic supplies market accounted for a share of ##.##% of the global orthodontic supplies market in 2018, and is expected to grow at the highest CAGR of ##.##% during the forecast period.
North America is expected to account for the largest share of ##.##% of the orthodontic supplies market in 2018 and projected to reach USD ##,##.## million by 2023 from USD ##,##.## million in 2018, at a CAGR of ##.##% during the study period.

Summary

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The overall orthodontic supplies market is estimated to rise at a compound annual growth rate of 8.90 percent in the next five years

The overall orthodontic supplies market is estimated to grow ~$6.6B by 2023 from ~$4.3B in 2018, increasing at a compound annual growth rate (CAGR) of 8.90 percent from 2018 to 2023. Key factors driving the increase of this market contain the increasing number of patients with malocclusions, jaw diseases, tooth decay/tooth loss, and jaw pain; expanding middle-class population in developing countries coupled with growing disposable incomes; and ongoing research and technological improvements in orthodontic products. Nevertheless, Elements such as unfavorable reimbursement policies and limited insurance coverage for orthodontic treatments, the risks and complications combined with orthodontic treatments, and the high cost of advanced orthodontic treatments in some nations are selecting the rise of this market to a certain extent.

The removable braces segment is anticipated to grow at the quickest rate during the outlook period.

By product, the orthodontic supplies market is categorized into fixed braces, removable brace, adhesives, and accessories (headgear and retainer).In 2018, the fixed braces product segment recorded for the biggest share of the market, on the other hand, the removable braces product segment is anticipated to increase at the highest CAGR (Compound annual growth rate) during the estimate period.

The increase of the removable braces segment can be accredited to the growing demand for invisible braces among teens and adults due to their aesthetic appeal.

The adults segment is anticipated to rise at the highest compound annual growth rate (CAGR) during the outlook period.

By patient, the orthodontic supplies market is classified into children and teenagers and adults. The adults segment is anticipated to witness the highest increase during the forecast period due to growing demand for invisible braces among adults due to aesthetic concerns, huge adult population base, availability of advanced orthodontic products, and growing disposable incomes.

Asia Pacific to witness the more important increase during the estimate period (2018-2023)

North America (NA) is forecasted to hold the biggest share of the overall orthodontic supplies market in 2018, nevertheless, Asia-Pac (APAC) is anticipated to grow at the quickest rate during the outlook period. Elements such as the growing disposable income of the middle-class population, growing public and private efforts to rise appreciation about orthodontic treatments, and increasing healthcare expenditure are influencing the positive rise of the Asia Pacific orthodontic supplies market.

Break-up of primary participants was as mentioned below:

• By Company category - Tier 1 - 33.0 percent, Tier 2 - 46.0 percent and Tier 3 - 21.0 percent

• By Description - D-level - 20.0 percent, C-level - 26.0 percent, Others - 54.0 percent

• By Area - North America continent - 33.0 percent, Europe (EU) - 29.0 percent, APAC - 24.0 percent, RoW - 14.0 percent

Note: RoW includes Latin America area and the Middle East region & African continent

Some of the main market actors in the orthodontic supplies market are Align Technology, Incorporated, 3M Company (NYSE:MMM), and Danaher (NYSE:DHR), Henry Schien, Incorporated, DENTSPLY SIRONA, Incorporated, American Orthodontics, Rocky Mountain Orthodontics, G&H Orthodontics, DENTAURUM GmbH & Co., TP Orthodontics, Incorporated, ClearCorrect, Ultradent Products, Inc. Great Lakes Orthodontics, Limited, DB Orthodontics, and Dental Morelli Ltda. , among others.

Segment Research

This report studies the orthodontic supplies market established on product, patient, and area.The industry report also studies factors (including drivers, industry restraints, alternatives, and forecasts) which affect industry growth.

It examines possibilities and opportunities in the industry for partners and offers details of the competitive landscape for top players.The study forecasts the revenue of the market segments with respect to five main regions, that is, North America (NA), EU, Asia-Pac, Latin America area and the Middle East area and African continent.

The orthodontic supplies market report profiles main actors who are involved in the manufacturing and commercialization of orthodontic products and analyzes their core competencies. The analysis also tracks and analyzes competitive developments in the market including product launches and enhancements; mergers and acquisitions; alliances and collaborations; and business developments.

Why Purchasing This Study Can Help You:

From an insight prospect, this market research highlights on several levels of analysis. It offers the market share review of the top actors and company descriptions, which together comprise and examine basic views on the competitive landscape; coming out and high-growth segments of the orthodontic supplies market; and high-growth areas and their respective drivers, market restraints, forecasts, and alternatives.

The market research will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate actors capture larger market shares. Companies obtaining the industry report could use any one or a combination of the below-mentioned strategies to enhance their rank in the sector.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on the most important 15 market actors in the orthodontic supplies market. The analysis examines the orthodontic supplies market by product, patient, and area

• Product Development/Innovative products: In-depth understanding on analysis and growth activities and recent product launches in the orthodontic supplies market

• Market Development: Highlighted information about profitable emerging sectors. The market research examines the industries for different orthodontic products across five geographies (North America continent, Europe (EU), Asia Pacific (APAC), Latin America area, and the Middle East (ME) and African continent)

• opposing assessment: Assessment of market shares, strategies, distribution networks, and manufacturing competences of the key players in the orthodontic supplies market

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