Correction, prevention, and diagnosis of misaligned teeth and jaws is orthodontics and the rising awareness of this condition is driving the global orthodontics market. Aesthetic benefits offered by orthodontic equipment are fueling their demand across the world. The rising focus on the overall appearance of a person is the primary factor for the increasing popularity of orthodontic products. With the advent of advanced technology, introduction of 3D printers, clear aligners, and other developments are impelling growth in the market. For instance, Invisalign recently developed invisible clear aligners which is one of the best alternatives for metal braces. Owing to the presence of advanced diagnostic tools along with their early detection, the demand for orthodontic treatment is increasing rapidly.
Fortune Business Insights in a new report, titled “Orthodontics Market Size, Share & Industry Analysis, By Product Type [Instruments and Supplies (Fixed (Brackets, Bands & Buccal Tubes, Archwires, and Others), and Removables (Aligners, Retainers, and Others)], By End User (Hospitals, Dental Clinics, Others) and Regional Forecast, 2019-2026” predicts that the market was valued at USD 4.06 Billion in the year 2018 and is anticipated to reach USD 9.72 Billion by 2026. Furthermore, the global market is projected to exhibit a remarkable CAGR of 11.6% through the forecast years.
The orthodontics market research report offers an opportunity to unlock meticulous insights into the market, helping them to make strategic decisions. In addition to this, it covers some of the important parameters, which can further help our stakeholders to take such insights into consideration before entering into the market.
As per product, the supplies segment is expected to hold the major portion of the orthodontic market share. This is attributable to the rising adoption of advanced orthodontic braces. As per orthodontics market trends, the instruments segment is expected to register considerable growth owing to the increasing number of orthodontic procedures. The orthodontic market size is anticipated to increase owing o the rising demand from hospitals, dental clinics, and other end-users.
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Rising Prevalence of Teeth Malocclusion to Stoke Demand
One of the major players in the orthodontic industry called Align Technology states that around 12 million cases are presently registered for malocclusion and dental misalignment worldwide. Out of these, one-third of these cases are from Asia Pacific. Therefore, the rising prevalence of dental malocclusions across the world is the major factor responsible for the growth of the market. Many public players are planning to conduct programs aiming to raise awareness about the rising prevalence of this morphological variation. This, as a result, will drive the market growth and fuel demand for orthodontic products.
Technological advancements are increasing rapidly in the dental industry. With the emergence of dental imaging and 3D scanners, the need for written prescriptions has reduced. This has further bought advancements in the treatment process by offering virtual images of teeth, mouth or jaw of patients. Several key players are developing technologically advanced diagnostic tools for oral health diagnosis and misaligned teeth detection. These developments have improved the quality of orthodontic treatment. Technologies such as artificial intelligence, 3D technology, IoT software in orthodontics treatment helps in treating misaligned teeth of patients. Such factors are projected to propel growth in the market over the projected horizon.
By Product Type
By End User
- Dental Clinics
- North America (U.S. and Canada)
- Europe (U.K., Germany, France, Italy, Spain, and Rest of Europe)
- Asia Pacific (Japan and Rest of Asia Pacific)
- Rest of World
Key questions answered in the Orthodontics Market report:
What will the market growth rate of Orthodontics market in 2026?
What are the key factors driving the Global Orthodontics market?
What are sales, revenue, and price analysis of top manufacturers of Orthodontics market?
Who are the distributors, traders and dealers of Orthodontics market?
Who are the key vendors in Orthodontics market space?
What are the Orthodontics market opportunities and threats faced by the vendors in the Asia Orthodontics market?
What are sales, revenue, and price analysis by types, application and regions of Orthodontics market?
What are the market opportunities, market risk and market overview of the Orthodontics market?
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