Press release
Orthodontic Consumables Market Is Anticipated To Grow At A CAGR Of 5.9% During The Forecast Period
Report OverviewThe global orthodontic consumables market size was valued at USD 2.59 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 5.9% from 2022 to 2030. Dentofacial augmentation is tied to the dental specialty of orthodontics. The goal of orthodontic treatment is to align the upper and lower jaws so that they close properly. Teeth that are positioned incorrectly are more difficult to keep clean and more susceptible to tooth decay and periodontal disease. Inadequate tooth alignment may also make it more likely for someone to develop other diseases, like temporomandibular joint syndrome.
Demand for the product is projected to increase as more people throughout the world embrace a lifestyle that emphasises maintaining good tooth health. Rising instances of periodontal disease and the danger of oral cancer are further factors contributing to the industry's expansion. The sector has untapped potential, has displayed favourable market dynamics, and is expected to grow even more over the next few years. The key factor driving this increase is the prevalence of malocclusion on a global scale. One of the key reasons malocclusion became a major problem over the world is "evolution." The number of teeth has stayed constant, but the size of the human jaw has gradually shrunk as a result of consuming cooked food more frequently and less raw food overall.
Growing demand for long-term alternatives to traditional operations has also led to an increase in research-related activities and a stronger uptake of new dental treatments. The coronavirus outbreak has affected every industry, including the cosmetics sector, because strict restrictions were imposed by the authority bodies as a precaution. Supply networks for products with an aesthetics focus were also affected. The supply-demand equilibrium across the whole medical equipment business has been severely disturbed by the pandemic. Dentistry is in the midst of its darkest period yet as a result of the coronavirus's emergence and dissemination. Nationwide dental offices have been closed for several months. However, clinics began to open again in the middle of 2020 and 2021, and post-pandemic industry demand rose.
This market research report on the global market for orthodontic consumables offers a detailed analysis and improvement of the key industry manufacturers, possibilities, challenges, and global suppliers as well as a deep examination of risks and access limitations. It also offers a competitive analysis of the most current technological developments, inventions, prospective future markets, industry share, sales, and sales generation, as well as an examination of funding sources and the general business climate.
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Market Segmentations:
Global Orthodontic Consumables Market: Major Players
Danaher Corporation
G&H Orthodontics
Henry Schein, Inc.
Rocky Mountain Orthodontics
DB Orthodontics Ltd.
Align Technology
Dentsply International Inc.
American Orthodontics
3M Unitek
Straumann Holding AG
Planmeca Oy
Global Orthodontic Consumables Market: Types
Ligatures
Brackets
Archwires
Global Orthodontic Consumables Market: Applications
Hospitals
Dental Clinic
Global Orthodontic Consumables Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Orthodontic Consumables market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Competitive Insight
The 3M Company, Dentsply International Inc., Danaher Corp., Dentaurum, G&H Orthodontics, Great Lakes Dental Technologies, Henry Schein, Inc., Midmark Corporation, Morelli Orthodontics, Ormco Corporation, Ortho Organizers Inc., Rocky Mountain, Septodont Holding, Sirona Dental Systems Inc., The 3M Company, and Align Technology are a few of the major companies operating in the global market.
Cumulative Impact of COVID-19:
Nearly every business was impacted by the unprecedented worldwide public health emergency known as COVID-19, and the long-term effects are expected to have an impact on the expansion of a number of end-use industries over the course of the forecast period. In order to assure the inclusion of underlying COVID-19 concerns and potential future directions, this ongoing research expands the research framework. The paper offers insights on COVID-19, taking into account changes in consumer demand and behaviour, buying habits, supply chain rerouting, dynamics of contemporary market forces, and important government initiatives. In-depth examination of the effects of COVID-19 and its succeeding variant outbreaks on demand, supply, pricing, and vendor uptake is revealed in the report's devoted section, which also offers suggestions for long-term solutions. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the Global Orthodontic Consumables Market.
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What is the goal of the report?
The expected market size for the end of the forecast period is shown in the market report. The paper looks at both past and present market sizes. The study analyses market size, growth rate, and valuation for the forecasted period. The industry's current trends are presented, together with the market prospects for North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa. The research provides a thorough analysis of the industry based on market segmentation, geographic breadth, and financial performance of key players.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Orthodontic Consumables Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Orthodontic Consumables Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Orthodontic Consumables Market?
4. What is the competitive strategic window for opportunities in the Global Orthodontic Consumables Market?
5. What are the technology trends and regulatory frameworks in the Global Orthodontic Consumables Market?
6. What is the market share of the leading vendors in the Global Orthodontic Consumables Market?
7. What modes and strategic moves are considered suitable for entering the Global Orthodontic Consumables Market?
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Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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