Orthodontics Market is valued around USD 1.87 Billionin 2019 and expected to reach USD 4.32 Billion by 2030 with the CAGR of 7.9%over the forecast period.
Orthodontics is a dentalprocedure which is used for the treatment of various dental problems such ascrooked teeth, protruding teeth, malocclusions and other. The uneven as well asunaligned teeth can cause various problems which may create unwanted pressureon the teeth; this may also lead to severe headaches. Orthodontics includes thewide range of procedures which requires various instruments for the diagnosis &treatments. Some of the most commonly performed procedures involve ligation,brackets and many more.
Global Orthodontics Marketreport is segmented on the basis of product type, age group and by regional. Basedupon product type, the orthodontics market is fragmented into brackets,anchorage appliances, ligatures, and archwires. Based on age group, the marketis fragmented into children and adult. The regional bifurcation of countriesincludes North America, Europe, Asia-Pacific, and RoW which are furthersegmented into major countries such as U.S., UK, France, and others.
The orthodontics market ismainly driven by the constant rise in the dental problems with changing foodhabits. In addition, boost in the growth of geriatric population withtechnological advancements along with addition in the dental clinics over theperiod of time. Moreover, surge in the consumer awareness about oral hygiene followedby rapid development of healthcare facilities over the period of time are alsolikely to fuel the market growth. However, lack of proper reimbursementpolicies as well as high cost of the dental procedures is expected to hamperthe market growth in the near future.
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The developed regions suchas North America and Europe are expected to hold the major market share owingto the presence of well developed healthcare infrastructure as well ashealthcare facilities along with various technological advancements. Moreover,Asia Pacific is expected to dominate the orthodontics market in terms of growthrate owing to the escalating accessibility to healthcare facilities withgeriatric population. Moreover, high demand of advanced dental aestheticsfollowed by the growth in government initiatives to further promotes the oralhygiene.
The major market playersprofiled in the orthodontics market includes Align Technology, Inc., RockyMountain Orthodontics, Inc., American Orthodontics, DENTSPLY International,Inc., Danaher Corporation, 3M Company, G&H Orthodontics, Inc., HenrySchein, Inc., Dentaurum GmbH & Co. KG, and TP Orthodontics, Inc. amongothers.
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