Press release
Dental Braces Market Is Growing Exponentially In Order To Gain More Demand By 2026 With 3M Company, Align Technology Inc., DB Orthodontics, Ormco Corporation, Great Lakes Orthodontics Ltd., Dentsply Sirona, ClearCorrect
Dental Braces
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Tooth decay is also result of improper brushing due to malocclusions and overbites of teeth’s. Key players are launching new products in the market, which would cater to the needs of patients and expand the dental braces market. For instance, in March 2018, Ormco Corporation launched ceramic twin bracket brace product named symetri clear, which is the next generation and technologically advanced ceramic twin brackets. Other factors such as increasing middle class population worldwide, increasing awareness about orthodontic treatment, and rapid advancement in orthodontic products is expected to propel growth of the dental braces market.
Market Taxonomy
On the basis of product type, the global dental braces market is segmented into:
Bracket
Arch wire
Ligature
Anchorage
On the basis of position of braces, the global dental braces market is segmented into:
External Braces
Lingual Braces
On the basis of material, the global dental braces market is segmented into:
Metal Braces
Ceramic Braces
Biocompatible/ Polymer Based Braces
Competitive Landscape
Key players operating in the dental braces market include 3M Company, Align Technology, Inc., DB Orthodontics, Ormco Corporation, Great Lakes Orthodontics, Ltd., Dentsply Sirona, ClearCorrect, American Orthodontics, Henry Schien, Inc., Rocky Mountain Orthodontics, G&H Orthodontics Inc., TP Orthodontics, Inc., and Ultradent Products, Inc.
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Regional Insights
On the basis of region, the global dental braces market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold dominant position in the market during the forecast period, owing to increasing number of orthodontic procedures due to malocclusions. According to a study published in the Journal of American Dental Association, around 1,875 children per 100,000 children the in U.S. face malocclusion.
According to a survey published by the American Association of Orthodontists (AAO) in 2013, it was observed that the number of adult patients undergoing orthodontics surgery has increased to 14% in a two-year period of study (2010-2012). Over 4.6 million orthodontic procedures were performed during study period for patients below 17 years of age and including all the other age groups, this number increased to 5.8 million in 2012. Europe is the second most important region after North America for dental braces.
Asia Pacific region is expected to witness significant growth in the dental braces market due to rising disposable income and awareness about oral health and orofacial appearance. Moreover, dental tourism is another important factor driving growth of the dental braces market in this region due to cost advantage offered by this region, as compared to other regions. According to a report by the Indian Brand Equity Foundation (IBEF), medical tourism (dental tourism is part of medical tourism) is expected to grow to US$ 9.0 billion by 2020.
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