Press release
Orthodontics Market Size Strategies To Adopt To Sustain Market Size Hold
The global orthodontics market was valued at approximately USD 6.73 billion in 2021, and it is expected to grow at a healthy growth rate of over 19.1% during the forecast period of 2022-2029.Orthodontics is a dental specialty that focuses on diagnosing, preventing, and treating dental and facial anomalies. It involves the use of appliances to straighten teeth, prepare the mouth for braces, and improve the alignment of teeth for better chewing and speaking.
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The market growth is primarily driven by the increasing burden of teeth malocclusion and a significant rise in the number of adults seeking orthodontic treatment. There is a growing desire for dental aesthetics and a rising awareness of the importance of oral health, leading to improved treatment outcomes. The market is also fueled by the high incidence of dental disorders globally, with a large number of people seeking orthodontic care.
However, the high cost of orthodontic treatment and potential side effects of the procedures may hinder market growth. Despite these challenges, the market is expected to benefit from the adoption of machine learning and artificial intelligence tools in clear aligners, which offer promising growth opportunities.
The key regions considered in the global orthodontics market study are Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America currently dominates the market in terms of revenue, attributed to the high prevalence of dental diseases in the region. However, Asia Pacific is projected to exhibit the highest compound annual growth rate (CAGR) during the forecast period. Factors such as a growing geriatric population, increased collaborations for product development, expansion of key players in the region, and active participation of government and nonprofit organizations are driving the market growth in Asia Pacific.
Some of the major players in the global orthodontics market include Dentsply Sirona, American Orthodontics, Institut Straumann AG, Align Technology, Inc., 3M, Henry Schein, Inc., DB Orthodontics, Envista Holdings Corporation, Angelalign Technology Inc., and TP Orthodontics, Inc.
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In terms of recent developments in the market, Dentsply Sirona launched SureSmile VPro, SureSmile Retainers, and SureSmile Whitening Kit as part of their clear aligner treatment solutions in March 2022. American Orthodontics partnered with Ultradent Products Inc. in February 2021 to distribute products under the Opal Orthodontics brand.
The market report provides a comprehensive analysis of the global orthodontics market, including historical data from 2019 to 2021 and a forecast period from 2022 to 2029. It covers various aspects such as revenue forecasts, company rankings, competitive landscape, growth factors, and trends. The report also includes segmentations based on product (instruments and supplies), end use (dentist & orthodontist owned practices and others), and regions (North America, Europe, Asia Pacific, Latin America, and the Rest of the World). Customization options are available for the report, allowing for specific country, regional, and segment scope modifications.
The objective of the study is to provide market size estimations for different segments and countries in recent years and forecast their values for the coming years. The report incorporates both qualitative and quantitative aspects of the industry and highlights driving factors, challenges, opportunities, competitive landscape, and product offerings of key players.
The global Smart market report answers questions such as:
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