Resources
About Us
Orthodontics Market by Product (Clear Aligners, Fixed Braces {Brackets, Wires [Nickel, Titanium] Anchorage, Ligatures}, Bonding, Adhesives, Springs, Tubes, Bands), Patient (Teen, Adult), End User (Hospital, Clinics, Research) - Global Forecast to 2030
Report ID: MRHC - 10418 Pages: 269 May-2023 Formats*: PDF Category: Healthcare Delivery: 2 to 4 Hours Download Free Sample ReportOrthodontics 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 orthodontics market is growing due to the high prevalence of malocclusion, the increasing adoption of digital technologies for orthodontic treatments, and the growing demand for cosmetic dentistry. Furthermore, rising awareness regarding dental health in developing countries offers significant opportunities for the market’s growth.
However, the high cost of orthodontic treatments hinders the growth of this market. In addition, the lack of awareness regarding orthodontic treatments and the shortage of skilled professionals are the major challenges to the market’s growth.
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.
Patients’ choices and requirements, ranging from mere hygiene to definite image enhancement, are changing industry dynamics. People today are more willing to invest in themselves than ever before. Baby boomers with high disposable incomes, the younger generation of working individuals who want the perfect appearance for better careers, and significant advances in the industry have contributed to the rise of cosmetic dentistry. The American Academy of Cosmetic Dentistry states that around 99% of Americans think their smile is their most important social asset.
Moreover, 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 played a crucial role 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 being accepted and shared globally. This effect has driven dental tourism in 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.
Click here to: Get a Free Sample Copy of this report
The high incidence of malocclusion is a major driving factor for the orthodontics market. Malocclusion can be caused by various factors, such as genetics and thumb-sucking in children, and it can have a negative impact on an individual’s oral health.
Malocclusion is one of the most prevalent clinical dental conditions, affecting approximately 60% to 75% of the global population (Source: Align Technologies., Inc. [U.S.]). In developing countries, the prevalence is higher due to limited access to oral health care and poor oral hygiene practices than in developed countries.
The growing adoption of digital technologies for orthodontic procedures, the growing demand for cosmetic dentistry, and the increasing focus on improving aesthetic appearance drive the orthodontics market’s growth.
Based on product, in 2023, the fixed braces segment is expected to account for the largest share of the market due to the high prevalence of malocclusion globally. 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, braces are used in correcting misaligned teeth. According to Align Technology, Inc. (U.S.), in 2022, the prevalence of malocclusion was 60% to 75% of the global population.
Oral diseases are upsurging 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.
Based on end user, the orthodontics market is segmented into dental clinics & hospitals, dental laboratories, and academic & research institutes. 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.
Asia-Pacific: Fastest-growing regional market
Based on geography, Asia-Pacific is projected to register the highest CAGR during the forecast period. The growth in this market is attributed to the increasing prevalence of malocclusion in Asia-Pacific, the growing awareness of advanced orthodontic treatments, the rising healthcare spending, and the growing dental tourism in the region.
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 orthodontics market report are Align Technology, Inc. (U.S.), Institut Straumann AG (Switzerland), Henry Schein, Inc. (U.S.), Envista Holdings Corporation (U.S.), 3M Company (U.S.), DENTSPLY SIRONA Inc. (U.S.), American Orthodontics (U.S.), DENTRUM GmbH & Co.KG (Germany), Angelalign Technology Inc. (China), SmileDirectClub, Inc.(U.S.), Rocky Mountain Orthodontics (U.S.), Ultradent Product’s, Inc. (U.S.), G &H Orthodontics (U.S.), TP Orthodontics, Inc. (U.S.), DB Orthodontics Limited (U.K.), Great Lakes Dental Technologies (U.S.), and Geniova Technologies, S.L (Spain).
Orthodontics Market, by Product
Orthodontics Market, by Patient Type
Orthodontics Market, by End User
Orthodontics Market, by Geography
Key questions answered in the report:
This study offers a detailed assessment of the orthodontics market, including the market sizes & forecasts for various market segments such as product, patient type, and end user. The orthodontics market study provides an in-depth analysis of various segments & subsegments of orthodontics at the regional and country levels.
The orthodontics market is projected to reach $30.2 billion by 2030, at a CAGR of 14.6% during the forecast period.
In 2023, the removable braces segment is expected to account for the largest share. 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 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, rising awareness regarding dental health in developing countries offers significant opportunities for the market’s growth.
The key players profiled in the orthodontics market study are Align Technology, Inc. (U.S.), Institut Straumann AG (Switzerland), Henry Schein, Inc. (U.S.), Envista Holdings Corporation (U.S.), 3M Company (U.S.), DENTSPLY SIRONA Inc. (U.S.), American Orthodontics (U.S.), DENTRUM GmbH & Co.KG (Germany), Angelalign Technology Inc. (China), SmileDirectClub, Inc.(U.S.), Rocky Mountain Orthodontics (U.S.), Ultradent Product’s, Inc. (U.S.), G &H Orthodontics (U.S.), TP Orthodontics, Inc. (U.S.), DB Orthodontics Limited (U.K.), Great Lakes Dental Technologies (U.S.), and Geniova Technologies, S.L (Spain).
Asia-Pacific countries offer significant growth opportunities for the players operating in this market due to the increasing prevalence of malocclusion Asia-Pacific, 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: Aug-2023
Published Date: Apr-2023
Published Date: Aug-2024
Please enter your corporate email id here to view sample report.
Subscribe to get the latest industry updates