The Global Orthodontic Supplies Market is Projected to Reach US$4.7 Billion by 2024

Increasing Focus on Corrective Procedures and Booming Cosmetic Dentistry 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 Orthodontic Supplies market is projected to reach US$4.7 billion by 2024, driven by the increasing awareness about benefits of orthodontic treatments to correct teeth alignment problems and in improving facial aesthetics.

Orthodontics is a highly specialized field in the overall dental market, focused on correcting irregular alignment of teeth or malocclusions in people. A variety of orthodontic supplies and devices is used for correcting issues pertaining to bite, aligning the teeth and filling gaps between teeth. Though accounting for a small share of the overall dental market, orthodontics market holds tremendous potential as a growing number of individuals are opting to undergo orthodontic treatments for malocclusions or imperfect bites.

The growing number of people suffering from dental conditions such as tooth decay or loss, jaw pain and misalignment, malocclusions and bite imperfections are enhancing demand for orthodontic treatments, aiding growth of the orthodontic supplies market. Rising awareness about oral health hygiene and malocclusions among people in both developed and developing nations and the trend towards cosmetic dentistry amidst enhanced focus on facial aesthetics are also fostering growth in the market. Gains will also be spurred by market-driven factors such as rising consumer disposable incomes in developing countries, increasing per capita spends on appearance enhancing products and solutions, rise in the number of dental clinics, and growing social acceptance of procedures aimed at enhancing facial aesthetics. The booming cosmetic dentistry market presents a significant growth driver for the market, as more and more people seek therapies and procedures to enhance physical appearance by improving alignment of gums, bite and teeth. Demand for orthodontic supplies is also being fostered by the increasing number of orthodontic procedures being performed among adolescents. Also driving market growth is the rising popularity of invisible braces among both adults and teenagers. Increasing awareness among people about advanced orthodontic treatments and the development of advanced orthodontic products promising better outcomes are driving demand for orthodontic supplies. Driven by these advancements, there has been a considerable reduction in the treatment time and associated pain, while treatment outcomes and efficiencies have improved considerably.

As stated by the new market research report on Orthodontic Supplies, Europe represents the largest market worldwide. Growth is being driven mainly by the increasing efforts of European governments to promote and fund oral healthcare facilities, particularly in countries such as Germany and the U.K. The increasing use of advanced technologies such as CAD/CAM, which enables dentists in enhancing dental aesthetics, has helped strengthen growth in the European orthodontic supplies market. Asia-Pacific is forecast to register the fastest CAGR of 9% over the analysis period, supported by the region’s large population base with high prevalence of malocclusions, jaw disorders and other dental issues that necessitate orthodontic treatments. Increasing awareness about orthodontic treatments among people, growing access to dental care services, along with the expanding middle class population with rising disposable incomes of people are also favoring market growth. The expanding dental tourism industry presents another opportunity for orthodontic supplies across the region.

Major players in the market include 3M Unitek, Align Technology Inc., American Orthodontics, BioMers Pte Ltd, ClearCorrect LLC, DENTAURUM GmbH & Co. KG, DB Orthodontics Ltd, Dentsply Sirona Inc., G&H Orthodontics Inc., Great Lakes Orthodontics Ltd., Ortho Organizers Inc., Ormco Corporation, Rocky Mountain Orthodontics, and TP Orthodontics Inc., 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. The report additionally analyzes the global clear aligners market by the geographic regions - the US and Rest of World.

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