Orthodontic Supplies Market: Global Business Growth Strategies and Competitive Analysis of top manufacturers - ORTHODONTIC SUPPLIES LIMITED, TP Orthodontics, Inc., Henry Schein, American Orthodontics, G&H Orthodontics, 3M, Danaher Corporation
The Global Orthodontic Supplies Market accounted to USD 3.20 billion in 2016 growing at a CAGR of 8.2% during the forecast period of 2017 to 2024.
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Well known players of Global Orthodontic Supplies Market are 3M, Danaher Corporation, Dentsply Sirona, Align Technology, Henry Schein, American Orthodontics, G&H Orthodontics, ORTHODONTIC SUPPLIES LIMITED, TP Orthodontics, Inc., Dentaurum GmbH & Co. KG, Dentaurum USA, BioMers Pte Ltd, DB Orthodontics, Henry Schein Orthodontics, Great Lakes Dental Technologies, OrthoSensor, Inc., RMO Europe, RMO, American Orthodontics among others.
FACTORS DRIVING GROWTH IN THE GLOBAL ORTHODONTIC SUPPLIES MARKET
Growing number of patients with malocclusions and jaw disorders:
The Malocclusions is the term used for the imperfect positioning of teeth when jaws are closed. The various cause of malocclusions are childhood habits such as tongue thrusting, thumb sucking, prolonged use of a bottle, Misalignment of jaw fractures after a severe injury, Tumors of the mouth and jaw. A scientific report was published in the year 2018 stating prevalence of malocclusion in primary dentition in mainland China, 1988–2017. And it was found that, malocclusions are the most common dental disease that affects children age between 2-7 years of age. A descriptive study about malocclusions was perform in china, about 51,100 children age between 2-7 years were selected. And it was found that the pooled malocclusion prevalence was 45.50%. Around 26.0% of children ageing between 2-7 years were suffering from malocclusion in India. Brazil accounts for 87.0%, Ningxia accounts for 13.15%, Shanghai accounts for 83.94% for malocclusion cases in children.
Increase in prevalence of dental & oral disorders:
According to the World Health Organization (WHO), around 60% to 90% of the school children and nearly 100% of adults suffer from dental cavities. It has also been observed that around 15% to 20% of adults aged between 35 to 44 years, suffer from severe periodontal (gum) disease.
According to the centers for disease control and prevention, 31.6% adults aged 20-44 years have untreated dental caries. Also, according to the American academy of cosmetic dentistry, around 86% of the patients underwent dentistry treatment to improve physical attractiveness and self-esteem, in 2015.
According to a new survey from the American Association of Orthodontists, the number of adult patients has increased from 14.0% in a 2-year period, from 2010 to 2012, and has reached a record of 1,225,850 patients in 2012. The orthodontic procedures performed for the patients in the age-group of 17 years and below were around 4.6 million, while the total procedures were 5.8 million in 2012 and this rate is increasing year after year.
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• North America & South America,
• Asia-Pacific, and
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
By product into
• fixed braces,
• Removable braces and
• Orthodontic adhesives.
Fixed braces are further sub segmented into brackets, archwires, anchorage appliances and ligatures. Brackets are again sub segmented by type into conventional brackets, self-ligating brackets and lingual brackets and by material into metal or traditional brackets and ceramic or aesthetic brackets. Archwires are further sub segmented into beta titanium, nickel titanium and stainless steel archwires. Anchorage appliances are further sub segmented into mini screws and bands & buccal tubes. Ligatures are further sub segmented into elastomeric and wire ligatures.
By end user
• teenagers and
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Market Drivers and Restraints
• Increasing prevalence of cardiovascular diseases
• Increase in surgical procedures
• Growing healthcare expenditure
• Increasing geriatric population
• Favorable reimbursements
The orthodontic supplies market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of orthodontic supplies market for global, Europe, North America, Asia Pacific and South America.
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