Press release
Dental Orthotic Device Market will reach at USD 54.2 billion by 2030: Cognitive Market Research
Market Overview:Orthotic devices are a mechanism used in the field of orthotics, a branch of medical knowledge and treatment related to the straightening or correcting of problems in a human's muscles or skeletal system. The orthotic device gives the proper alignment of the teeth. Due to the high incidence of orthopedic disorders, such as degenerative bone disease, as well as the growing aging population and rising number of road accidents. Furthermore, the early onset of musculoskeletal disorders, caused primarily by a sedentary lifestyle and obesity, is projected to fuel market growth.
Summary:
The Global Dental Orthotic Device market was valued at USD 41.2 billion in 2022 and is projected to reach USD 54.2 billion by 2030, registering a CAGR of 3.5% for the forecast period 2023-2030.
Market Dynamics:
• Increasing awareness among consumers regarding oral hygiene is expected to drive the market of dental orthotic device
Increasing awareness among consumers regarding oral hygiene propels the dental equipment market's growth. People's increasing focus on beauty has compelled them to seek prostheses, and technological breakthroughs and product launches, which have also contributed to the market growth. The advancement in technology to improve surgical treatment is expected to offer lucrative opportunities to the dental equipment market. Moreover growing awareness among individuals about the importance of oral health and its impact on overall well-being. As people become more conscious of maintaining good oral hygiene, they are seeking orthodontic treatments and dental appliances like orthotics to address dental issues and improve their oral health. As a result, it helps in the more effective treatment and efficient way of dental surgery.
• Increasing Technological advancements to drive the market of dental orthotic device (Available on- https://www.cognitivemarketresearch.com/dental-orthotic-device-market-report)
Market Segmentation:
Type:
• Small Molecules
• Large Molecules
• Others
Application:
• Hip
• Knee
• Spine
• Cranio-Maxillofacial (CMF)
• Dental Sports Injuries
• Extremities and Trauma (SET)
Based on the application segment of the dental orthotic device market, the knee orthopedic segment dominates the market. This segment is anticipated to maintain its leading position from 2022-2030 with a CAGR of 28.2% in 2021. However, However, considerable costs and prolonged follow-up times are two significant barriers to segment expansion. Furthermore, the approval of class III medical equipment is being dragged down by strict regulatory requirements.
Product Type:
• Accessories
• Surgical Devices
Based on the products segment of the dental orthotic device market, the accessories segment dominates the market, as it is expected to expand at the fastest CAGR of 3.4%. The accessory segment covers products like braces, arthroscopy devices, and other supplies. Other items including screws, plaster supplies, and sutures are also included in this section. Drill guides, special clamps, guide tubes, screwdrivers, and distracters are some other subcategories of the surgical equipment market. Moreover, new launches of innovative technology and advancements in devices and tools are anticipated to propel the market's demand.
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Competitive Analysis for Dental Orthotic Device Market:
• Medtronic PLC
• Stryker Corporation
• Zimmer-Biomet Holdings Inc.
• DePuy Synthes
• Smith and Nephew PLC
• Aesculap Implant Systems LLC
• Conmed Corporation
• Donjoy Inc.
• NuVasive Inc.
Regional Analysis:
The region's market is anticipated to be driven by a high demand for advanced healthcare services because of the region's strong industry leaders, well-developed healthcare infrastructure, and reimbursement coverage. The amount of orthopedic surgeries performed in the area is further fueled by an ever-growing target patient population brought on by aging and an increase in traffic accidents. Moreover, It is projected that the U.S. market would rise because of the high prevalence of orthopedic disorders and the implementation of cutting-edge treatment methods.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research Methodology Review Complete Research Methodology
Chapter 3 Executive Summary of Dental Orthotic Device Market
• 3.1 Global Dental Orthotic Device Market Size 2018 - 2030, (USD Million)
• 3.2 Global Dental Orthotic Device Value, Absolute & Opportunity Analysis
• 3.3 Global Dental Orthotic Device Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Dental Orthotic Device Market Statistics 2022: Snapshot
Chapter 4 Global Dental Orthotic Device Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Dental Orthotic Device Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Dental Orthotic Device Industry Mergers and Acquisition Analysis
• 5.3 Global Dental Orthotic Device New Launches Analysis
• 5.4 Company Categorization
• 5.5 Global Dental Orthotic Device Top Winning Strategies, by Manufacturers (2018-2022)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Dental Orthotic Device Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Dental Orthotic Device Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Dental Orthotic Device Market by Product Type Segmentation Analysis (2018-2030)
Chapter 12 Global Dental Orthotic Device Market Regional Analysis
Chapter 13 North America Dental Orthotic Device Market Outlook (2018 - 2030)
Chapter 14 Europe Dental Orthotic Device Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Dental Orthotic Device Market Outlook (2018 - 2030)
Chapter 16 Latin America Dental Orthotic Device Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Dental Orthotic Device Market Outlook (2018 - 2030)
Chapter 18 Research Findings
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To know more the Dental Orthotic Device Market TOC click here: https://www.cognitivemarketresearch.com/dental-orthotic-device-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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