Orthodontic Supplies Market Size & Share To Exhibit CAGR of 8.7% By 2023 | Global Industry Trends, Dynamics, Applications and Segmentation

September 11 02:03 2019
Orthodontic Supplies Market Size & Share To Exhibit CAGR of 8.7% By 2023 | Global Industry Trends, Dynamics, Applications and Segmentation

Orthodontic Supplies Market
Orthodontic Supplies Market Analysis By Patient, Product (Fixed Braces, Removable Braces, Adhesives), Trends, SWOT Analysis and Key Players, Forecast To 2023

The global Orthodontic Supplies Market is expected to grow at an approximate CAGR of 8.75% during forecast period, 2018–2023. Rising popularity of dental tourism is the key factor driving the orthodontic supplies market. For instance, in 2018, Ormco Corporation introduced a new line of premium orthodontic instruments to assist specialists with all dental procedures.

Various other factors such as favorable reimbursement for dental procedures, high prevalence of orthodontic conditions, technological advancements, and increasing disposable incomes are also expected to propel the growth of the market. However, the risks associated with orthodontic treatments, and high cost of advanced orthodontic treatments in some countries can hinder the market growth over the forecast period.

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Orthodontic Supplies Market Segmentation:

The global orthodontic supplies market is segmented based on 
• Product
• Patient
• End user
• Region

The global market for orthodontic supplies, by product is segmented into 
• fixed braces
• removable braces
• adhesives
• accessories

The fixed braces segment is further classified as 
• brackets
• archwires
• anchorage appliances
• ligatures

The brackets segment includes 
• conventional brackets
• self-ligating brackets
• lingual brackets

The archwires segment includes 
• beta titanium archwires
• nickel titanium archwires
• stainless steel archwires

The anchorage appliances segment includes 
• bands 
• buccal tubes
• miniscrews

The ligatures segment includes 
• elastomeric ligatures
• wire ligatures

Based on patient type, the market is segmented into 
• children 
• teenagers
• adults

Based on end user, the market is segmented into 
• hospitals 
• clinics
• others

The hospitals segment is anticipated to hold the largest market share owing to the increasing cases of orthodontic conditions.

Orthodontic Supplies Market Regional Analysis:

The Americas dominated the global market for orthodontic supplies owing to the presence of major market players, and improvement in the reimbursement scenario within the region.

In 2017, it was estimated that Europe stood second in the global orthodontic supplies market. This can be attributed to the increasing technological advancements, and rising research and development investments.

Asia Pacific was projected to be the fastest growing region in 2017. Increasing awareness about dental tourism drives the regional markets of the Asia Pacific region. Due to low prices for dental care, Thailand is becoming a trending location for dental tourism among the international dental tourists. For instance, dental veneers can cost around USD 1800 in the US with the same procedure costing about USD 250 in Thailand.

On the other hand, the Middle East and Africa held least share in the global orthodontic supplies market due to the low economic development, especially within the African region.

Orthodontic Supplies Market Key Players:

Some of the key players in the global orthodontic supplies market are

• 3M
• Align Technology
• American Orthodontics
• Danaher
• DB Orthodontics
• Dental Morelli
• Dentaurum
• Dentsply Sirona
• G&H Orthodontics
• Great Lakes Orthodontics
• Henry Schein
• Rocky Mountain Orthodontics
• Straumann Holding AG
• TP Orthodontics
• Ultradent Products

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Table Of Content:

Chapter 1. Orthodontic Supplies Market Report Prologue

Chapter 2. Market Introduction

Chapter 3. Research Methodology
• Introduction
• Primary Research
• Secondary Research
• Market Size Estimation

Chapter 4. Orthodontic Supplies Market Dynamics
• Drivers
• Restraints
• Opportunities
• Macroeconomic Indicators
• Trends & Assessment

Chapter 5. Orthodontic Supplies Market Factor Analysis
• Porter’s Five Forces Analysis
• Bargaining Power Of Suppliers
• Bargaining Power Of Buyers
• Threat Of New Entrants
• Threat Of Substitutes
• Intensity Of Rivalry
• Value Chain Analysis
• Investment Opportunities
• Pricing Analysis

To Be Continued………………….

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