Orthodontic Supplies Market Key Players, Medical Updates and Top Trends and Growth Forecast to 2023
Some of the leading players in orthodontic supplies market include 3M, Align Technology, Straumann group, DENTSPLY Sirona, American Orthodontics, Patterson Companies, Henry Schein, G&H Orthodontics and DENTAURUM. These pharmaceutical companies have implemented strategic decisions to develop novel technologically advanced products. Merger and acquisitions have helped the companies to increase their capabilities and sustain in the market by providing better quality products.
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The global orthodontic supplies market is anticipated to experience a major development and a significant growth rate in the coming future. Growing occurrence of oral diseases and technologically developing orthodontic products are likely to be some of the major aspects driving the demand and popularity of orthodontic supplies. In addition, growing disposable income and increasing knowledge in customers about orthodontic treatment is expected to propel the development of the global orthodontic supplies market.
Executive Summary
Premium Insights
4.1 Orthodontic Supplies Market Overview
4.2 Regional Analysis: Orthodontic Supplies Market, By Product, 2018 vs 2023 (USD Million)
4.3 Regional Analysis: Orthodontic Supplies Market, By Patient, 2018 vs 2023 (USD Million)
4.4 Global Market, By Product, 2018–2023 (USD Million)
Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Number of Patients With Malocclusions, Jaw Diseases, Tooth Decay/Tooth Loss, and Jaw Pain
5.2.1.2 Increasing Disposable Incomes and Expanding Middle-Class Population in Developing Countries
5.2.1.3 Increasing Awareness About Advanced Orthodontic Treatments
5.2.1.4 Ongoing Research and Technological Advancements in Orthodontic Products
5.2.2 Restraints
5.2.2.1 Unfavorable Reimbursement Policies and Limited Insurance Coverage for Orthodontic Treatments
5.2.2.2 Risks and Complications Associated With Orthodontic Treatments
5.2.2.3 High Cost of Advanced Orthodontic Treatments in Some Nations
5.2.3 Opportunities
5.2.3.1 Emerging Markets in APAC and RoW
5.2.4 Trends
5.2.4.1 Digital Orthodontics: Integration With Digital Technologies Such as CAD/CAM and Software
The global orthodontic supplies market is categorized, in terms of product, in which the fixed braces division is expected to hold the highest market share in the global market, primarily owing to its precision and efficacy in curing the irregularities in dental composition. Detachable braces are likely to register the highest expansion in the global orthodontics supplies market in the coming future.
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Increasing government initiatives regarding improving oral healthcare and rising global need for orthodontic treatment are major factors that have supported the industry growth. Government initiatives have improved the scenario for oral healthcare industry enhancing the growth. Many companies are focusing on development of braces that provide better efficacy and comfort to the user resulting in rising product adoption.
This report studies the orthodontic supplies market based on product, patient, and region. The report also studies factors (such as drivers, restraints, opportunities, and trends) which affect market growth. It analyzes opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for key players.
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