The global Orthodontic Supplies Market will grow at a CAGR of 9.1% during the forecast period.
United States, August 2, 2021 /Big PRwire/ — A latest study from MarketsandMarkets™ projects that the global Orthodontic Supplies Market will be worth US$ 8.3 billion by 2026.
The study also projects that the global Orthodontic Supplies Market will grow at a CAGR of 9.1% during the forecast period.
Increasing prevalence of malocclusion, rising emphasis on effective orthodontic treatment and the initiatives undertaken by governments to increase the awareness about orthodontic treatments are fueling the demand for orthodontic supplies during the forecast period.
Key players in Orthodontic Supplies Market:
- 3M (US),
- Envista Holdings Corporation (US),
- Dentsply Sirona (US),
- Align Technology (US),
- Rocky Mountain Orthodontics (US),
- G&H Orthodontics (US),
- Dentaurum (Germany),
- TP Orthodontics (US),
- Great Lakes Dental Technologies (US),
- DB Orthodontics (UK) and many more……..
Orthodontic practices around the globe are facing challenges amid the pandemic. The adoption of strict protocols outside and inside dental clinics, increasing usage of tele-orthodontics in case of urgent appointments, and opting for minimal orthodontic treatment procedures by many orthodontic clinics are likely to have a positive impact on the market. Moreover, post lockdown, as dental practices reopen, it is expected that patient volumes are anticipated to rebound at a higher pace.
Demand for invisible braces among the target population due to their aesthetic benefits drives the growth of removable braces
Removable braces offer advantages over traditional braces, including easy removal of braces, reduced risk of periodontal diseases & tooth decay, and enhanced comfort. Factors such as strong focus on product innovation by players and growing awareness about the benefits associated with removable braces and the growing demand for invisible braces among teens and adults due to their aesthetic benefits is augmenting the growth of removable braces.
Asia Pacific likely to emerge as the fastest growing orthodontic supplies market, globally
Geographically, the emerging Asian countries, such as China, India, Japan and Singapore, are offering high-growth opportunities for market players. The Asia Pacific point of care market is projected to grow at the highest CAGR of 10.8% from 2021 to 2026.
Expansion of healthcare infrastructure and increase in disposable personal income, increase patient population with malocclusion and tooth decay are factors likely to support the growth of orthodontic supplies market in the region. Moreover, the growing focus toward aesthetics products among adults and emergence of small manufacturers in the orthodontic supplies market are driving the growth of the APAC orthodontic supplies market.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road, Suite 430
Northbrook, Illinois – 60062
USA : 1-888-600-6441
Source: MarketsandMarkets™
