Global Market for Orthodontic Supplies is Projected to Reach US$1.3 Billion by 2020

Need to Correct Malocclusions to Foster Growth in the Global Market for Orthodontic Supplies, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Orthodontic Supplies markets. Global market for Orthodontic Supplies is projected to reach US$1.3 billion by 2020, driven by increasing volumes of orthodontic procedures against a backdrop of rising awareness over dental health.

Orthodontic supplies, although a small category in the overall dental supplies market, holds enormous promise as more and more individuals come forward to seek orthodontic treatment for malocclusions (imperfect bite). The urgent need to address dental issues caused by malocclusions, namely jaw disease, tooth decay or loss, headaches, and jaw joint pains, is pushing patients to seek orthodontic treatments. The increasing focus on aesthetics is also a major stimulant for orthodontic treatments. Despite the potential for growth, volume growth in orthodontic treatment procedures continues to be limited by socioeconomic background of patients, and lack of adequate reimbursement coverage. 

Growing awareness over oral and dental health hygiene is expected to translate into significant opportunities for orthodontic supplies in the coming years. Advances in material science, techniques and procedures, which pave the way for cost-effective and faster treatment methods, are expected to drive demand for orthodontic procedures and supplies. Rising penetration of procedures among adult patients as against the conventional customer base of teenagers is also expected to spur demand for orthodontic procedures and supplies. 

Wires and brackets account for a predominant share of new orthodontic case starts every year. With traditional braces continuing to hold ground as the most widely used approach for treatment of malocclusion, manufacturers are turning attention towards improving aesthetics of braces. The last few years witnessed a shift away from low cost metal brackets towards high-end brackets, as patients look for reduced treatment times and improved aesthetics. Self ligating brackets in particular reduce case load of dentists due to reduced procedure time, and longer treatment intervals. 

Orthodontic Supplies, the United States represents the largest market worldwide. Demand is high in developed countries across North America and Europe, due largely to higher awareness about dental care and hygiene. Future growth in the market will be led by developing countries, supported by factors such as favorable demographics, improved access to quality healthcare services, rising affluence and increased spending on healthcare and dental services including orthodontic treatments. Orthodontic supplies market in Asia-Pacific is forecast to record a CAGR of 6.3% over the analysis period.

Major players covered in the report include 3M Unitek, American Orthodontics, BioMers Pte Ltd., DENTSPLY International Inc., G&H® Orthodontics, Great Lakes Orthodontics Ltd., Ortho Organizers Inc., Ormco Corporation, and Rocky Mountain Orthodontics, among others.

The research report titled “Orthodontic Supplies: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, innovations and launches, and strategic industry activities of major companies worldwide. The report provides market estimates and projections in US$ thousand for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World

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