NEWARK, September 28, 2023 (GLOBE NEWSWIRE) — Brainy Insights estimates the global orthodontics market to be USD 10 billion in 2022 and reach USD 25.93 billion in 2032 . The global prevalence of malocclusion is approximately 55%. Rates vary by region, but the prevalence in Africa is 81%, while the prevalence in Asia is approximately 45%. This event does not really align with gender, race, or ethnicity. It affects regions and populations equally. With increasing accessibility of orthodontics, the demand for malocclusion treatment will increase, driving market growth during the forecast period.
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Key insights into the global orthodontics market
North America is expected to dominate the market during the forecast period.
The market is expected to grow due to the growing demand for aesthetic procedures that realign teeth and jaws to improve facial symmetry. This trend will be supported by the high level of disposable income of the people. The market is expected to perform well as the region has a wide range of orthodontic practices and an established medical infrastructure that is easily accessible to patients. The market is expected to grow due to increasing demand for adult orthodontic appliances as people become more concerned about their appearance. The growth of the orthodontics market in the region will be driven by several manufacturers producing tools and consumables for the industry.
In 2022, the consumables segment dominated the market with the largest share of 52% and revenue of 5.2 billion.
The product type segment is divided into equipment and consumables. In 2022, the consumables segment dominated the market with the largest share of 52% and a revenue of 5.2 billion.
In 2022, the children’s segment dominated the market with the largest market share of 55% and sales of 5.5 billion.
Age groups are divided into adults and children. In 2022, the children’s segment dominated the market with the largest market share of 55% and sales of 5.5 billion.
In 2022, the dentist and orthodontist practices segment dominated the market with the largest market share of 53% and sales of $5.3 billion.
The end user segment is divided into dental clinics, orthodontists, hospitals, and others. In 2022, the dentist and orthodontist practices segment dominated the market with the largest market share of 53% and sales of $5.3 billion.
From July 2023 The Orthodontic Society of India and the Department of Orthodontics and Dentofacial Orthopaedics, SRM Kattankulathur Dental College and Hospital jointly organized a three-day National Typodont Workshop. This workshop was attended by 34 dental colleges from all over India. The program for graduate students in orthodontics includes lectures, practical sessions, and demonstrations of various orthodontic procedures and techniques. The main theme of the workshop was the basics of orthodontics. This included wire bending techniques such as loop and archwire creation, and his MBT techniques for bracket insertion, Roth Philosophy, Begg and Self-Ligating devices. A total of 30 instructors from across the country offered their expertise to aspiring orthodontic graduate students. The workshop was well received by participants, who welcomed the opportunity to hear from experts in the field and gain first-hand knowledge of the latest developments in orthodontics.
The complete table of contents of the Global Orthodontics Market Report 2023-2032 is available at https://www.thebrainyinsights.com/report/orthodontics-market-13731.
Factor: Increasing need for orthodontic treatment.
The market is expected to expand due to the rising incidence and prevalence of malocclusions. Additionally, the increased focus on facial symmetry and physical beauty due to the influence of social media has increased the demand for adult orthodontic appliances. Considering the seamless look that clear braces and Invisalign treatment provide during the treatment phase, adults now feel more confident about receiving orthodontic treatment. The expanded presence of orthodontic clinics has increased the number of clinics available. With the advent of EMI plans and other simple and affordable payment methods, the customer base is increasing and the industry is expanding.
Limitations: High cost of orthodontic treatment.
Depending on the patient’s condition, orthodontic treatment can take anywhere from several months to several years. It requires the use of various expensive tools and materials. Without insurance, tests, surgeries, medications, and other related costs can be expensive. Private clinics are expensive due to the lack of publicly funded orthodontic treatment. As a result, market expansion is hampered by the high price of orthodontics.
Opportunity: Use of cutting edge technology in orthodontics.
Due to the increasing adoption of cutting-edge technologies to advance orthodontics in recent years, the market is projected to develop faster during the forecast period. For example, using AI to inspect structures, image mapping to visualize the entire treatment process, and visually depicting changes in a patient’s face can all help healthcare professionals effectively will help you prepare. Such technologies will benefit future orthodontic treatment and offer attractive market expansion potential.
Challenge: Risks associated with long-term orthodontic treatment.
Although orthodontics is fairly safe, certain habits on the part of the user can have negative effects. For example, increased risks of plaque buildup and gingivitis can cause overstretching and weaken the roots of your teeth. This can lead to problems such as deeper pockets, depressions, and even potential bone loss. These risks lead to future patient alienation and pose challenges to market growth.
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The major companies operating in the global orthodontics market are:
• TP Orthodontics, Inc.
• Rocky Mountain Orthodontics, Inc.
• Henry Schein Co.
• G&H Orthodontics, Inc. (Altaris Capital Partners, LLC)
・Envista Holdings Co., Ltd.
・Dentsply Sirona Co., Ltd.
• Dentaurum GmbH & Co. KG
• American Orthodontics
• Align Technology Co., Ltd.
• 3M Company
Key segments covered in the market:
By product type
• musical instrument
By age group
• The kids
By end user
• Dentist and orthodontist care
• North America (USA, Canada, Mexico)
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and other South America)
• Middle East and Africa (UAE, South Africa, rest of MEA)
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About the report:
The market is analyzed on the basis of value (USD Billion). All segments are analyzed on global, regional and country basis. The study includes analysis of more than 30 countries in each part. The report analyzes drivers, opportunities, constraints, and challenges to gain key market insights. This research includes Porter’s Five Forces Model, attractiveness analysis, product analysis, supply and demand analysis, competitive position grid analysis, distribution, and marketing channel analysis.
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