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Dental Braces Market is Expected is Expected to Achieve USD 5.7 Billion at CAGR of 6.7% by 2027

10-27-2023 08:18 AM CET | Health & Medicine

Press release from: Fact.MR

Dental Braces Market

Dental Braces Market

The dental braces market in North America is poised to retain its leading position throughout the forecast period, primarily due to the growing number of orthodontic procedures conducted in this geographical area. The increasing emphasis on aesthetic appearance, the greater accessibility to orthodontic services, and the rising incidence of malocclusion and jaw disorders in North America are anticipated to significantly propel the market's potential until 2032.

The global dental braces market is on the cusp of substantial expansion, with forecasted sales set to rise at a strong compound annual growth rate (CAGR) of 6.7% from 2022 to 2027. In 2022, the global dental braces market was valued at US$ 3.85 billion, and it is expected to reach a significant US$ 5.7 billion by the end of 2027.

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This upward trajectory in sales can be attributed to several key factors. Firstly, there is a growing emphasis on dental hygiene worldwide, driving an increased interest in orthodontic solutions. Additionally, the prevalence of malocclusions is on the rise, further boosting the demand for dental braces. Notably, teeth aligners and orthodontic retainers are poised to witness a significant uptick in demand in the years to come, contributing significantly to the overall market growth.

Changing Perceptions of Orthodontic Treatment

One of the pivotal factors propelling the dental braces market is the shift in public perception regarding orthodontic treatment. Previously associated mainly with adolescents and teenagers, braces were seen as a rite of passage. However, today, adults are embracing orthodontic solutions with open arms. Aesthetic concerns and a desire for a perfect smile have led many adults to seek orthodontic treatment, thereby expanding the market's consumer base.

Technological Advancements

Advancements in orthodontic technology have played a crucial role in making dental braces more appealing to patients of all ages. Traditional metal braces, while effective, can be visually conspicuous and uncomfortable. However, innovations like clear aligners and lingual braces have made orthodontic treatment more discreet and comfortable. Clear aligners, in particular, have gained immense popularity due to their nearly invisible appearance and convenience. As a result, patients are now more willing to consider orthodontic treatment, further boosting the dental braces market.

Increased Dental Health Awareness

Growing awareness of the importance of oral health has also contributed to the surge in demand for dental braces. People are increasingly recognizing that orthodontic treatment not only enhances their smile but also improves their overall oral health. Misaligned teeth can lead to various dental problems, including gum disease, tooth decay, and jaw pain. As a result, individuals are seeking orthodontic solutions as a preventive measure, rather than waiting for dental issues to arise.

Competitive Landscape:

Dental brace manufacturers are actively engaged in the introduction of innovative products to diversify their product portfolios and enhance their revenue-generating capabilities. These companies are anticipated to place a strong emphasis on incorporating cutting-edge technologies into their offerings to create pioneering products.

In September 2021, Rejove Clinique, a well-established presence in the healthcare sector, unveiled its latest offering, Rejove Aligners. These new transparent dental aligners are now accessible for individuals across various age demographics seeking dental treatment.

In June 2021, DentalMonitoring, a leading provider of dental virtual solutions, introduced AI-driven virtual monitoring solutions designed to support all brands of aligners and braces.

Key Segments Covered in Dental Braces Industry Research

• By Product Type :
o Metal Braces/Traditional Braces
o Ceramic Braces

• By Position :
o External Braces
o Lingual Braces

• By End User :
o Children
o Teenagers
o Adults

• By Region :
o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o MEA

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The global dental braces market is experiencing a remarkable surge in demand, largely driven by changing perceptions, technological advancements, increased dental health awareness, global expansion, and improved affordability. As orthodontic solutions continue to gain popularity among people of all ages, the market is poised for sustained growth in the coming years. With ongoing innovations and increased access to orthodontic care, the dental braces market is set to transform smiles and oral health worldwide.

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About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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