Press release
Orthodontic Services Market Revenue to Cross $ 9,293.72 million by 2028 Lead By Coast Dental, Crescent Dental Care, Dalian Meier Dental, Abano Healthcare Group
According to The Insight Partners latest study on "Orthodontic Services Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type and End User," the market is expected to reach US$ 9,293.72 million by 2028 from US$ 4,331.05 million in 2021; it is estimated to grow at a CAGR of 11.5% during 2021-2028.Increasing prevalence of dental disorders across the globe and rising burden of malocclusion drive the growth of the market. Technological advancements in orthodontic services have forced the hospitals and clinics the high adoption of these services, which would act as a major trend in the orthodontic services market during 2021-2028.
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The removable orthodontic appliances are used by children and adults. Moreover, the appliances are used to treat various dental problems and malocclusions, such as overlap teeth, deep bite, open bite cross bite, and diastema. The removal segment is further segmented into dental aligners (clear aligners) and dental retainers. Clear aligners are a clear, plastic kind of dental braces used to straighten teeth. Orthodontic retainers are custom-made devices, usually made of wires or transparent plastic. These are used to keep teeth in place after surgery or any other form of tooth realignment.
Based on type, the orthodontic services market is segmented into fixed and removable. The removable segment held a larger share of the market in 2021. Moreover,the same segment is anticipated to register a higher CAGR of 11.9% in the market during the forecast period. Removable orthodontic appliance is not attached to the teeth. As a result, patients can remove and replace them as needed. This solution provides additional flexibility, comfort, and hygiene. With the introduction of clear aligners that can be removed by the patient, this technique of orthodontics has revolutionized the dental market in recent years. For the first time, the patient has control over their condition and does not perceive it as a limitation because they can remove them during meals and brushing their teeth.
The COVID-19 pandemic had created a public health crisis and an economic crisis in North America. The pandemic had disrupted lives, pushed the hospital system to its capacity, and created an economic slowdown. While there was a significant uncertainty about economic growth prospects in the US, the impact of the pandemic was severe. According to the American Dental Association, dental procedures were divided into emergency/urgent and routine/elective procedures during the COVID‐19 pandemic. Many cities were closed due to the outbreak, causing treatments and doctor/dentist appointment cancellation. Dental treatments and procedures are done directly in contact with patients' oral fluid that had a possible risk of infection.
DENTSPLY SIRONA Inc; 3M; Institute Straumann AG; Q and M Dental Group; Wuhan Dazhong Dental Medical Co., Ltd.; Dalian Meier Dental; Crescent Dental Care; Align Orthodontics; Coast Dental; and ABANO HEALTHCARE GROUP LIMITED are among the leading companies in the orthodontic services market.
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