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Shopping and Shopping.
Medical and Health Markets
2024-04-12
Buy Orthodontic Supplies by Product (Removable, Fixed Braces (Abutment (Self-Linging, Lingual, Metal, Esthetic), Ni-Ti & SS Archwire, Anchorage, Connection (Elastomer, Wire)), Patient (Adult, Children), User (Hospital) , Clinics) – Global Forecast to 2027
Buy Orthodontic Supplies The size is projected to reach US$10.1 billion by 2027 from US$6.9 billion in 2022, at a CAGR of 7.9% during the forecast period according to a new report by MarketsandMarkets™. The increasing number of cases of occlusal anomaly among teenagers and adults, increasing awareness about the presence of orthodontic treatment, technological advancements, and growth strategies adopted by players in orthodontic items such as product launches, agreements, collaborations, and acquisitions are expected to propel the development of the market.
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Orthodontic Supplies Market Dynamics:
Guides:
- Increasing number of patients with abnormalities, jaw diseases, tooth decay/loss and jaw pain
- Increasing disposable income and expanding the middle class population in developing countries
- Raising awareness of advanced orthodontic treatments
- Continuous research and technological developments in orthodontic products
Restrictions:
- Risks and complications associated with orthodontic treatments
- High cost of advanced orthodontic treatments in some nations
Chances:
- Growth opportunities offered by emerging markets
- Integration with digital technologies such as CAD/CAM and software
- The use of social media by patients and dental professionals is increasing
- Orthodontics direct to the consumer
Challenges:
- Lack of trained dentists
Key Market Players:
Prominent players in this market are 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), among others
Recent developments:
- In May 2022, Align Technology entered into a strategic partnership with Asana, Inc. Through this strategic partnership, Align Technology will provide Invisalign clear aligners to trained physicians in the US through the customizable Asana Smile workflow solution.
- In May 2022, Straumann acquired PlusDental to expand its footprint in the physician-directed consumer orthodontic segment across the Netherlands, Sweden and the UK.
- In January 2021, Dentsply Sirona acquired Byte, an at-home aligner company, with the aim of strengthening its portfolio of aligner products.
News from
MarketsandMarkets™ Category: Industry Reports & Market Analysis Profile: About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, according to their recent report. MarketsandMarkets™ is a blue ocean alternative to development consulting and program management, leveraging a human-machine that delivers the supernatural growth boost for forward-thinking organizations in the B2B space. We have the broadest lens on emerging technologies, making us adept at co-creating breakthrough growth for clients. Earlier this year, w …
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