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Orthodontics Market Size, Share & COVID-19 Impact Analysis, By Product Type [Instruments and Supplies {Fixed (Brackets, Bands & Buccal Tubes, Archwires, and Others) and Removables (Aligners, Retainers, and Others)}], By End-user (Dentist & Orthodontist Owned Practices and Others), and Regional Forecast, 2022-2029
The global orthodontics market size was valued at USD 6.73 billion in 2021. The market is projected to grow from USD 7.77 billion in 2022 to USD 26.35 billion by 2029, exhibiting a CAGR of 19.1% during the forecast period.
The Fortune Business Insights Orthodontics Market, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Orthodontics Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Orthodontics Market is based on company profiles and their efforts on increasing product value and production.
Orthodontics is a specialized branch of dentistry concerned with the diagnosis, prevention, and treatment of malocclusion (misaligned teeth and jaws). Orthodontists are specially trained to straighten teeth, align jaws, and improve the overall function and appearance of the mouth. They use a variety of tools and techniques, such as braces, aligners, headgear, and retainers, to address dental issues like crowding, spacing, overbite, underbite, crossbite, and open bite. Orthodontic treatment not only improves the aesthetics of the smile, but can also improve oral health and function, making it easier to bite, chew, and speak properly.
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Major Key Players in Orthodontics Market Report are:
Report Drivers and Trend Analysis:
Increasing Adoption of Machine Learning and Artificial Intelligence Technologies to Support Market Expansion
Increasing adoption of artificial intelligence and machine learning technologies will drive the growth of the global orthodontic market in the coming years. Artificial intelligence has made great progress recently, and its application will lead to increased efficiency in this field. The application of artificial intelligence in 3D printing will further drive the market. The advent of artificial intelligence and machine learning in clear aligner manufacturing and fitting has enabled healthcare professionals to more efficiently achieve treatment planning and patient outcomes.
On the other hand, the high cost and side effects of treatments such as severe pain, allergic reactions and soft tissue injuries present challenges for companies operating in this sector.
The Scope of the Report:
The report segments the global Orthodontics Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Orthodontics Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Orthodontics Market Segmentation:
By Product Type
By End-user
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Regional Perspectives:
North America to Hold Dominant Share Owing to Rising Prevalence of Dental Disorders
North America dominated the global market in 2021 reaching a valuation of USD 3.19 billion due to rise in the number of adults opting for braces, clear aligners, and other treatments. Growing prevalence of dental disorders and increasing awareness regarding importance of dental care are the factors contributing to market proliferation in this region.
Europe held the second largest share in the global market in 2021 and will record moderate growth in the upcoming years due to increasing focus on dental treatment, better healthcare facilities, and availability of efficient and technologically advanced products.
Meanwhile, the Asia Pacific market is projected to expand rapidly in the coming years while recording the highest CAGR among all regional markets. The rising number of dental clinics and multispecialty hospitals and growing availability of product supplies in economies such as Australia, China, and India will contribute to market growth in this region.
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Press Release Distributed by The Express Wire
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