Resources
About Us
Asia-Pacific Orthodontics Market by Product (Clear Aligners, Fixed Braces {Brackets, Wires [Nickel, Titanium], Anchorage, Ligatures}, Bonding, Adhesives, Springs, Tubes, Bands), Patient (Teen, Adult), and End User (Hospital, Clinics, Research) - Forecast to 2030
Report ID: MRHC - 104276 Pages: 170 Aug-2023 Formats*: PDF Category: Healthcare Delivery: 24 to 48 Hours Download Free Sample ReportThe Asia-Pacific Orthodontics Market is projected to reach $8.21 billion by 2030, at a CAGR of 17.2% from 2023 to 2030. Orthodontics is the branch of dentistry that corrects teeth and jaws that are positioned improperly. Removable braces, brackets, archwires, anchorage appliances, ligatures, and other orthodontic products are used in orthodontic procedures. Orthodontic products are used to correct malocclusions by straightening the teeth or moving them into better positions to improve an individual’s appearance and restore the normal function of teeth of chewing and speaking.
The Asia-Pacific orthodontics market is growing due to the high prevalence of malocclusion, growing demand for cosmetic dentistry, increasing number of dentists, and rising awareness regarding advanced orthodontic treatment are the factors driving the growth of this market. Furthermore, the considerable growth in emerging countries such as China and India is expected to offer better growth opportunities for market expansion. However, the limited reimbursement policies are expected to restrain the growth of this market to some extent. In addition, stringent government regulations, and lack of awareness regarding orthodontic treatment are the major challenges to the market’s growth.
Click here to: Get a Free Sample Copy of this Report
The number of cosmetic procedures is increasing due to rising awareness regarding oral health and rapid technological advancements. The demand for cosmetic procedures has been high among populations aged 24–40 and 57–75. People aged 24–40 are largely interested in improving dental aesthetics with the help of orthodontic procedures.
Further, the growing dental tourism has increased the demand for cosmetic dentistry due to rising disposable incomes leading to an increased willingness to spend on aesthetic improvement. For instance, the Hallyu effect is crucial in boosting the cosmetic tourism industry, including dental tourism. Hallyu, also known as the Korean Wave, is a phenomenon of Korean pop culture wherein Korean movies, K-dramas, pop music, and fashion are accepted and shared globally. This effect has driven dental tourism in South Korea. Korean pop culture has surgically beautified celebrities who promote and endorse cosmetic procedures attracting tourists for potential dental procedures. Therefore, the growing demand for cosmetic dentistry is increasing the adoption of orthodontic procedures, driving the market's growth.
The High Prevalence of Malocclusion is Driving the Demand for Orthodontics
The high incidence of malocclusion is a major driving factor for the Asia-Pacific orthodontics market. Malocclusion can be caused by several factors, such as genetics and thumb-sucking in children, and it can have a negative impact on an individual’s oral health. It is one of the most prevalent clinical dental conditions in developing countries, the prevalence is higher due to limited access to oral health care and poor oral hygiene practices than in developed countries. Malocclusion is the most common oral health problem, following periodontal disease and tooth decay. There are different categories of malocclusion—Class I malocclusion, Class II malocclusion (also known as overbite), and Class III malocclusion (also known as underbite). The high prevalence of malocclusion was 48% in Asia-Pacific. Additionally, according to the Global Healthy Thinking Report 2021, approximately 22% of the people in China, and 18% of the people in Japan, desired orthodontic treatments, including clear aligners, as their preferred choice to beautify their smile.
Thus, the high prevalence of malocclusion drives the demand for orthodontic treatments in Asia-Pacific.
In 2023, the Removable Braces Segment is Expected to Account for the Largest Share of the Market
Among the product types, in 2023, the fixed braces segment is expected to account for the largest share of the market due to the high prevalence of malocclusion in children and adults. Removable braces are clear plastic trays that can be snapped in and out from the mouth to correct orthodontic conditions. Further, the treatment of removable braces can be shorter than traditional braces. Malocclusion is a condition where the teeth and jaw bones are misaligned. This condition affects an individual's chewing patterns, speech, and appearance. Thus, the braces are used for correcting misaligned teeth.
In 2023, the Adults Segment is Expected to Account for the Largest Share of the Market
Oral diseases are increasing the demand for orthodontic therapy among adults. The treatment of malocclusions in adults is important for preventing orthodontic complications. Furthermore, over the past few years, the overall diagnosis rate for malocclusions and treatment rates has increased significantly in emerging countries. Thus, the high prevalence of malocclusion in adults has increased the adoption of orthodontic treatments, driving the growth of this segment.
In 2023, the Dental Clinics & Hospitals Segment is Expected to Account for the Largest Share of the Market
Among all the end users, in 2023, the dental clinics & hospitals segment is expected to account for the largest share of the market. The large market share of this segment is attributed to the high number of independent dental clinics & dental chains and the high preference for dental clinics & hospitals by patients for orthodontic procedures.
China: Largest Share of the Asia-Pacific Orthodontics Market
China is expected to account for the largest share of the Asia-Pacific orthodontics market, followed by South Korea. The growth in this market is attributed to the growing dental tourism, increasing awareness about orthodontic treatments, rising demand for the dentistry and cosmetic industry, and high disposable incomes. For instance, according to the National Bureau of Statistics (NBS), in 2022, per capita disposable income in China increased by 5% from the previous year and stood at USD 5,487 (CNY 36,883).
Key Players
The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by major market players in the last 3–4 years. The key players profiled in the Asia-Pacific orthodontics market report are Align Technology, Inc. (U.S.), Institut Straumann AG (Switzerland), Henry Schein, Inc. (U.S.), 3M Company (U.S.), DENTSPLY SIRONA Inc. (U.S.), DENTRUM GmbH & Co.KG (Germany), Koden, Inc. (U.S.), Angelalign Technology Inc. (China), SmileDirectClub, Inc. (U.S.), Tomy International, Inc. (U.S.), Ultradent Products, Inc. (U.S.), G&H Orthodontics (U.S.), and TP Orthodontics, Inc. (U.S.).
Scope of the Report:
Asia-Pacific Orthodontics Market, by Product
Asia-Pacific Orthodontics Market, by Patient Type
Asia-Pacific Orthodontics Market, by End User
Asia-Pacific Orthodontics Market, by Country
Key questions answered in the report:
This study offers a detailed assessment of the Asia-Pacific orthodontics market, including the market sizes & forecasts for various market segments such as product, patient type, and end user. The Asia-Pacific orthodontics market study provides an in-depth analysis of several segments & subsegments of orthodontics at the country level.
The Asia-Pacific orthodontics market is projected to reach $8.21 billion by 2030, at a CAGR of 17.2% during the forecast period.
In 2023, the removable braces segment is expected to account for the largest share for the Asia-Pacific orthodontics market. The high prevalence of malocclusion and lower costs of fixed braces compared to removable braces contributes to the large market share of this segment.
In 2023, the adult segment is expected to account for the largest share of the market. The high prevalence of malocclusion and increasing demand for cosmetic dentistry contributes to the large market share of this segment.
The growth of the Asia-Pacific orthodontics market is attributed to the high prevalence of malocclusion, the increasing adoption of digital technologies for orthodontic treatments, and the growing demand for cosmetic dentistry. Furthermore, high growth of orthodontic treatments in developing countries offers significant opportunities for the market’s growth.
The key players profiled in the Asia-Pacific orthodontics market study are Align Technology, Inc. (U.S.), Institut Straumann AG (Switzerland), Henry Schein, Inc. (U.S.), 3M Company (U.S.), DENTSPLY SIRONA Inc. (U.S.), DENTRUM GmbH & Co.KG (Germany), Koden, Inc. (U.S.), Angelalign Technology Inc. (China), SmileDirectClub, Inc. (U.S.), Tomy International, Inc. (U.S.), Ultradent Products, Inc. (U.S.), G&H Orthodontics (U.S.), and TP Orthodontics, Inc. (U.S.).
Asia-Pacific countries offer significant growth opportunities for the players operating in this market due to the increasing prevalence of malocclusion Asia-Pacific region, the growing awareness of advanced orthodontic treatments, the rising healthcare spending, and the growing dental tourism in this region.
Published Date: Jul-2024
Published Date: Jul-2024
Published Date: Jul-2024
Published Date: Jul-2024
Published Date: Jul-2024
Please enter your corporate email id here to view sample report.
Subscribe to get the latest industry updates