Press release
Southeast Asia Orthodontics Market Set to Soar, Projected to Reach $435.1 Million by 2030
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The meticulously crafted report encompasses a competitive landscape, presenting an in-depth evaluation of product portfolios, geographic presence, and key strategic developments adopted by prominent market players from 2020 to 2023. Noteworthy companies featured in the Southeast Asia orthodontics market include Align Technology, Inc. (U.S.), Institut Straumann AG (Switzerland), Henry Schein, Inc. (U.S.), and others.
The growth of the Southeast Asia orthodontics market is propelled by the surging popularity of dental tourism, a rising prevalence of malocclusion, technological advancements in dentistry, increased adoption of digital technologies for orthodontic procedures, and growing awareness regarding oral hygiene. Despite these drivers, challenges such as the high cost of orthodontic treatment and limited reimbursement policies hinder market growth. Nevertheless, the rising demand for customized aligners and the implementation of teledentistry and teleorthodontics are expected to offer lucrative growth opportunities.
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Digital Technologies Spearhead Growth in Southeast Asia Orthodontics Market
The incorporation of digital technologies, including digital scanning and 3D printing, has revolutionized diagnosis, treatment planning, and execution in the orthodontics field. These advancements have not only enhanced the accuracy and efficiency of orthodontic treatments but have also significantly reduced treatment duration and patient discomfort. The Southeast Asia orthodontics market is witnessing a surge in adoption due to the benefits offered by digital tools, such as improved treatment predictability and reduced side effects.
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Segmentation and Key Findings
The report segments the Southeast Asia orthodontics market based on product types, patient demographics, end users, and countries. In 2023, the removable braces segment, particularly clear aligners, is anticipated to dominate the market. The adult demographic is expected to account for the largest share among patient types, while dental clinics and hospitals are projected to be the primary end users.
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Singapore is forecasted to register the highest CAGR during the forecast period, attributed to increased orthodontic treatments, growing demand from adult patients, enhanced technology and innovations, and the rising awareness of oral health in the country.
Mr. Khushal Bombe
Meticulous Market Research Inc.
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