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Asia-Pacific Orthodontics Market to be Worth $8.21 Billion by 2030 Asia-Pacific Orthodontics Market by Product (Clear Aligners, Fixed Braces {Brackets, Wires [Nick
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According to Meticulous Research®, the Asia-Pacific orthodontics market is poised to achieve a valuation of $8.21 billion by 2030, with a compelling CAGR of 17.2% during the forecast period. The robust growth in this market is primarily attributed to the pervasive prevalence of malocclusion, a burgeoning demand for cosmetic dentistry, a rising number of dentists, and increased awareness of advanced orthodontic treatments. Additionally, the considerable growth in emerging countries like China and India, coupled with the flourishing dental tourism industry, presents promising opportunities for market expansion. However, limited reimbursement policies are expected to pose a certain degree of constraint on market growth.
Key Players
Leading the forefront of the Asia-Pacific Orthodontics market are key players such as Align Technology, Inc. (U.S.), Institut Straumann AG (Switzerland), Henry Schein, Inc. (U.S.), 3M Company (U.S.), DENTSPLY SIRONA Inc. (U.S.), DENTRUM GmbH & Co.KG (Germany), Koden Inc. (U.S.), Angelalign Technology Inc. (China), SmileDirectClub, Inc. (U.S.), Tomy International, Inc. (U.S.), Ultradent Products, Inc. (U.S.), G&H Orthodontics (U.S.), and TP Orthodontics, Inc. (U.S.).
Asia-Pacific Orthodontics Market: Future Outlook
The Asia-Pacific orthodontics market is meticulously segmented by Product [Removable Braces {Clear Aligners, Retainers}, Fixed braces {Brackets (Metal Brackets, Aesthetic Brackets), Archwires (Stainless Steel, Nickel Titanium, Beta Titanium, and Others), Anchorage Appliances, Ligatures}, Other Orthodontic Products {Bands & Buccal Tubes, Bonding & Adhesives, Wire Accessories & Springs, and Other Accessories}], Patient type [Children & Teen, Adults], End User [Dental Clinics & Hospitals, Dental Laboratories, Research Institutes], and Country. The report also conducts a thorough analysis of industry competitors, scrutinizing their market share at the country level.
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In 2023, the removable braces segment is projected to dominate the Asia-Pacific orthodontics market, propelled by the high prevalence of malocclusion, a surging demand for customized clear aligners, and cultural influences such as the prevalence of K-pop in countries like Japan and South Korea. Moreover, the growing focus on cosmetic dental aesthetics and the increasing rate of dental tourism in South Korea, India, and other APAC countries contribute to the segment's significant market share.
The adult segment is anticipated to hold the largest market share in 2023, driven by an increasing emphasis on dental aesthetics for boosting self-esteem, the high adoption of clear aligners for orthodontic treatments, and a growing demand for aesthetic dentistry.
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Dental clinics & hospitals are expected to be the leading end-user segment in 2023, supported by increased promotional activities for clear aligners, emerging dental clinic chains, and the widespread adoption of new, advanced technologies for orthodontic procedures.
China is anticipated to claim the largest share of the Asia-Pacific orthodontics market in 2023. The factors contributing to this dominance include rising out-of-pocket expenditures for orthodontic treatments, high disposable incomes, increasing government initiatives, trends of aesthetic appearance in teen and adolescent populations, and heightened dental hygiene awareness.
Mr. Khushal Bombe
Meticulous Market Research Inc.
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