Valuation Of Orthodontic Supplies Is Expected To Grow At US$ 12 Billion By 2026

According to Fact.MR, a market research and competitive intelligence company, the global orthodontic supplies market is expected to reach a valuation of US$ 12 billion by 2026, growing at a high-value CAGR of 11%.

For jaw growth, tooth movement, and muscle retention, a variety of permanent and removable apparatus is offered. Braces, specific fixed equipment, and fixed space maintainers are examples of fixed orthodontic products, whereas aligners, removable retainers, palatal expanders, and other items are examples of removable orthodontic products.

Factors such as the rising prevalence of orthodontic diseases, the acceleration of technological development, and increased public awareness of orthodontic operations are driving the market.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗮 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.factmr.com/connectus/sample?flag=S&rep_id=7641?PS

• According to an October 2021 Dentistry Journal research, malocclusion, along with periodontal disease and cavities, is regarded as one of the most important dental health disorders.

Malocclusion is thought to affect between 39% and 93% of children and adolescents. The prevalence of malocclusion in the population is expected to rise, driving demand for orthodontics products such as braces and aligners and propelling market growth.

𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘁𝘂𝗱𝘆

• The global increase in patients suffering from tooth decay, malocclusions, jaw pain, and other jaw ailments is driving increasing demand for orthodontic products. For example, malocclusion, or misaligned teeth, is the world's third-most common dental ailment, affecting 60% to 75% of the population.

• Growing awareness of the benefits of orthodontic treatment, as well as continual product innovations that provide improved performance and efficiency, will help to boost sales of orthodontic devices.

• Because of rising demand for invisible braces among adults and teenagers, as well as increased acceptance of orthodontic treatments in emerging nations, the global market for orthodontic supplies is expected to grow.

• From 2022 to 2026, demand for orthodontic equipment is predicted to grow at an 11% CAGR.

𝗪𝗶𝗻𝗻𝗶𝗻𝗴 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆

Market expansion is anticipated to be boosted by various tactics used by major industry players, such as collaborations & acquisitions, partnerships, mergers, and more.

• For instance, Propel Orthodontics' assets were purchased by Dentsply Sirona in June 2021. With this acquisition, the business will be better positioned to compete in the quickly expanding market for orthodontic products.

• The Ormco Corporation introduced the Ultima Hook, which was created especially for the Ultima wire, in May 2022. It is made to work effectively and efficiently in conjunction with orthodontic treatment to address malocclusions.

• Eon Dental unveiled an updated Eon Aligner ecosystem of support utilities and solutions in April 2022. To supply cutting-edge, patient- and doctor-centric solutions, Eon Aligner will be able to offer more initiatives to its clients with the help of this new launch.

𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.factmr.com/connectus/sample?flag=RC&rep_id=7641?PS

𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗜𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗼𝗿𝘁𝗵𝗼𝗱𝗼𝗻𝘁𝗶𝗰 𝘀𝘂𝗽𝗽𝗹𝗶𝗲𝘀 𝗺𝗮𝗿𝗸𝗲𝘁

The COVID-19 pandemic has significantly affected the orthodontic supplies market. Due to the pandemic, the orthodontic supplies market experienced short-term negative growth, which can be attributed to a sharp reduction in access to hospital temporarily shutdown of orthodontic clinics. This led to reduction in the dental spendings amount patients. According to the American Dental Association (ADA), the US witnessed a decline of 66% in dental spending in 2020. Around 32% of reduction in US dental spending is expected in 2021.

The restricted or limited access to dental clinics, temporary closure of hopitals, and implementation of strict lockdown resulted in a reduction in the number of monthly appointments in dental clinics. This further reduced the sales of orthodontic products. With the reopening of hospitals and dental clincs along with the penetration of tele dentistry and relaxations in lockdown measures, growth in this market is expected to pick up pace in the coming months.

𝗞𝗲𝘆 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗢𝗿𝘁𝗵𝗼𝗱𝗼𝗻𝘁𝗶𝗰 𝗦𝘂𝗽𝗽𝗹𝗶𝗲𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵

By Product :

• Fixed Braces
• Removable Braces
• Retainers
• Adhesives
• By Patient :
• Children & Teenagers
• Adults

By End User :

• Hospitals
• Dental Clinics
• Others

By Region :

• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

𝗚𝗲𝘁 𝗙𝘂𝗹𝗹 𝗔𝗰𝗰𝗲𝘀𝘀 𝗼𝗳 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.factmr.com/checkout/7641?PS

𝗠𝗼𝗿𝗲 𝗩𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗼𝗻 𝗢𝗳𝗳𝗲𝗿

Fact.MR, in its new offering, presents an unbiased analysis of the global orthodontic supplies market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2026.

The study divulges essential insights on the market on the basis of product (fixed braces, removable braces, retainers, adhesives), patient (children & teenagers, adults), and end user (hospitals, dental clinics, others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).

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This release was published on openPR.