The Global Market for Orthodontic Supplies is Projected to Reach US$1.3 Billion by 2022

Focus on Early Prevention & Treatment of Dental Irregularities to Fuel Growth in the Orthodontic Supplies Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Orthodontic Supplies market. The global market for Orthodontic Supplies is projected to reach US$1.3 billion by 2022, driven by the rising awareness over the benefits of corrective treatments for malocclusions, and the development of advanced orthodontic supplies with improved performance and effectiveness.

Orthodontics is a highly specialized field in dentistry, focused on correcting irregular alignment of teeth or malocclusions in people. Orthodontics holds enormous promise given the continuous developments in dentofacial orthopedics, and new tools that provide competency in orthodontic diagnosis, planning or treatment. Also, the desire to improve physical appearance is resulting in a growing number of individuals opting to undergo orthodontic treatments for malocclusions (imperfect bites), thus stimulating demand for orthodontic treatments. The number of patients that actually seek orthodontic treatments each year is however largely dependent on prevailing economic environment, and the comfort level, effectiveness, and duration of procedures. With income levels of people across the world on the rise, particularly in the hugely populated developing economies, the field of orthodontics is positioned for rapid growth.

The increasing number of orthodontic treatments performed globally is creating a parallel growth in the orthodontic supplies market. Increasing awareness about malocclusions among people in both developed and developing nations and the trend towards cosmetic dentistry are also fostering market growth. Also driving growth are macro-economic factors such as rising consumer disposable incomes in developing countries and increasing per capita spending on appearance-enhancing products and solutions. Rising penetration of procedures among adult patients as against the traditional customer base of teenagers is further expected to drive orthodontic procedure volumes, and fuel sales of orthodontic supplies. Technology advancements are also ensuring the availability of improved orthodontic products, promising better efficacy and reduced risk of complications during procedures, thereby encouraging more people to undergo elective orthodontic procedures.

As stated by the new market research report on Orthodontic Supplies, the United States represents the largest market worldwide. While the penetration of orthodontic treatments in North America and Europe is relatively higher, developing countries in Asia-Pacific, Latin America, and the Middle East are showing strong potential for growth, led by favorable demographics rising discretionary incomes, and increased access to dental services.

Major players covered in the report include 3M Unitek, American Orthodontics, BioMers Pte Ltd, DB Orthodontics Ltd, Dentsply Sirona Inc., G&H Orthodontics Inc., 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, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for all major geographic markets such as 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. Additionally, the report analyzes the global Clear Aligners market for the regions – US and Rest of World.


Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.

Comments

Post a Comment

Popular posts from this blog

The Global Market for Surfing is Projected to Reach US$9.5 Billion by 2022

Rise of Surfing as a Lifestyle Sport Among all Age Groups Drives the Global Surfing Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Surfing market. The global market for Surfing is projected to reach US$9.5 billion by 2022 , driven by the growing interest in surfing both as a leisure and sporting activity, increased accessibility to surfing through surf parks and surf pools and technology innovations focused on developing sophisticated surf-wear and surf-gear.                               Surfing is a surface water sport where a participant riding a board (the surfboard) is carried away by a breaking wave. The surfing industry continues to evolve, driven by sustained efforts of s...
Read more

The Global Market for Private Tutoring Services is Forecast to Reach US$227 Billion by 2022

Intense Competition among Students and the Growing Need to Achieve Academic Excellence Drive the Global Private Tutoring Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Private Tutoring market. The global market for Private Tutoring Services is forecast to reach US$227 billion by 2022 , driven by the need to keep pace with classroom teaching, improve overall competency and enhance knowledge and skill level. Education is considered the social ladder to achieve success in personal and professional life. Higher education is associated with increased opportunities in the labor market, high remunerations, and improved social standing. People are therefore investing heavily in children’s education, including private tutoring or private supplementary tutoring which is emerging as a major phenomenon in the global education system...
Read more
Image
The global market for Material Handling Equipment is projected to reach US$190.3 billion by 2025, driven by the strong emphasis shed on production and operational efficiency and worker safety. The concept of “last mile” is widely popularized in supply chain management and transportation planning for its ability to increase customer satisfaction and profitability. Automation, optimization and delivery route planning are therefore vital strategies adopted by companies to improve their last mile performance. Of equal importance are the “first mile” operations involving indoor material handling on the plant floor. Raw material being the primary and most importance element in manufacturing needs to move through multiple stages of production and final packaging in a smooth and seamless manner to prevent logistical bottlenecks in production. Timely handling of materials is important to ensure that right materials in right quantities are delivered to the right locations at the right ti...
Read more