Orthodontic Supplies Market: Comprehensive Research Including Top Companies and Forecasts Report 2018-2023

The growing number of patients with malocclusions, jaw diseases, tooth decay/tooth loss, and jaw pain; increasing disposable incomes and expanding middle-class population in developing countries; increasing awareness about advanced orthodontic treatments; and ongoing research and technological advancements in orthodontic products are the key factors driving the growth of this market.

The global orthodontic supplies market is expected to reach USD 6.63 billion by 2023 from USD 4.32 billion in 2018, growing at a CAGR of 8.9%.

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Growing number of patients with malocclusions, jaw diseases, tooth decay/tooth loss, and jaw pain

Orthodontic products are used to straighten and align teeth, correct abnormal bite patterns, and close unsightly gaps. Orthodontic devices such as fixed and removable braces are widely adopted by people with malocclusions and jaw diseases.

With rapid growth in the number of people suffering from these conditions across the globe, the demand for orthodontic braces is expected to increase in the coming years. Studies show that there is a high prevalence of malocclusion and jaw deformities (such as cross bite, open bite, spacing problems, deep bite, crowding issues, and teeth rotation problems) across several regions. The prevalence of these dental conditions is also high in both adolescents as well as adults. For example,

In 2017, in China, a study conducted on 2,335 kindergarten children in 2016 (belonging to the age group of 3 to 5 years) showed 83.9% prevalence of primary malocclusion with the following prevalence rates for various types of malocclusions--deep overbite (63.7%), deep overjet (33.9%), midline deviation (26.6%), anterior cross-bite (8.0%), and anterior crowding (6.5%) (Source: International Journal of Environmental Research and Public Health).

Geographical Region Covered

Geographically, this market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2018, the global orthodontic supplies market is expected to be dominated by North America, followed by Europe. However, the Asia Pacific region is expected to witness the fastest growth during the forecast period owing to the growing focus of orthodontic/dental companies on this region, growing dental tourism, increasing efforts to spread awareness about orthodontic treatment, and increasing incidence/prevalence of malocclusion and tooth decay in various APAC countries.

While the market is expected to grow at a steady rate in the next five years, certain factors such as unfavorable reimbursement policies and limited insurance coverage for orthodontic treatments; the risks and complications associated with orthodontic treatments; and the high cost of advanced orthodontic treatments in some nations are expected to limit market growth to a certain extent.

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Leading Companies

Align Technology, Inc. (US), 3M Company (US), and Danaher Corporation (US), Henry Schien, Inc. (US), American Orthodontics (US), DENTSPLY SIRONA, Inc. (US), Rocky Mountain Orthodontics (US), G&H Orthodontics (US), DENTAURUM GmbH & Co. (Germany), TP Orthodontics, Inc. (US), ClearCorrect (a subsidiary of Straumann Holding AG, Switzerland), Ultradent Products, Inc. (US) Great Lakes Orthodontics, Ltd. (US), DB Orthodontics (UK), and Dental Morelli Ltda. (Brazil).

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