Orthodontic Supplies Market Witnessed To Hold Value Of USD 8.5 billion by 2026 | CAGR of 9.2%

Pune, Maharashtra, India, September 15 2022 (Wiredrelease) Prudour Pvt. Ltd –:The orthodontic supply industry is constantly growing, as more people are getting braces and other orthodontic treatments. Orthodontists need a variety of supplies to treat their patients, and these supplies can range from simple items like rubber bands and clamps to more complex items like computer-generated models of the patient’s teeth. Orthodontists need to have a thorough understanding of the product options available to them in order to provide their patients with the best possible care. Customers can find orthodontic supplies at many different stores and online retailers. When shopping for orthodontic supplies, it is important to consider both price and quality.

In the past few decades, The global orthodontic supplies market size is projected to reach USD 8.5 billion by 2026 from USD 5.5 billion in 2021, at a CAGR of 9.2% during the forecast period.

The market is expected to grow due to a number of factors including an increase in the prevalence of malocclusion and a growing awareness about the cost of effective orthodontic treatment. In addition to this, government initiatives to increase awareness and increase access to advanced orthodontic supplies are expected to drive the demand for these supplies over the forecast period.

The key drivers of market growth are increasing numbers of patients with jaw disorders and malocclusions, increased awareness about advanced orthodontic treatments, rising disposable incomes, and expanding middle-class populations in developing countries. The market growth could be hindered by high costs, limited insurance coverage, as well as the risk associated with treatment.

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Market Dynamics in Orthodontic Supplies: Driver: An increase in the incidence of malocclusions, jaw diseases and other conditions

Malocclusions are one of the most common oro-dental conditions in children and teenagers worldwide. Ortodontic issues include spacing, openbite (cross bite), overbite (overbite), and openbite (openbite). The most popular products used to treat malocculusions are orthodontic supplies such as removable braces and fixed braces. The market is likely to grow due to rising disposable income and increased awareness about oral health.

Restraint
The price-sensitive population of emerging countries prefers lower-priced products. Even though the cost of orthodontic procedures in developing countries like Mexico and Peru is lower than those in developed countries, a large percentage of the population can’t afford them due to low purchasing power. This has a negative impact on the demand and acceptance of orthodontic treatments in both developed and developing nations.

Important Developments

* Dentsply Sirona has announced new initiatives to improve its digital dentistry leadership. This includes a collaborative partnership with google cloud and the launch of a medical-grade 3-D printing solution.

3MTM FiltekTM Uniform Restorative was introduced in April 2019 by 3M. It features a simplified shading process, advanced composite technology and provides strong and aesthetic results.

* 3M Oral Care and Bioclear announced a new collaboration in January 2019 that will enable dentists to implement cutting-edge techniques.

Competitive Strategy 

To improve their market position on the global Orthodontic Supplies marketplace, key players now focus on product innovations, mergers/acquisitions, recent developments and joint ventures, collaborations, and partnerships. Market players compete based on product quality. This market is dominated by major players who invest in R&D, manufacturing, and infrastructure development. They also look to integrate opportunities across the value chain.

Key Takeaways from the Competitive Landscape Section:

* A comprehensive overview of the profiles of each company of interest

* Participation in revenue share

* Analysis of each key player’s industrial chains

* Business growth strategies mastered by top market players

Key players operating in the global Orthodontic Supplies market are:

Align Technology
Danaher
3M Unitek (US)
American Orthodontics
DENTSPLY
BioMers Pte Ltd
Tomy
Ortho Organizers
Dentaurum
Rocky Mountain Orthodontics
ClearCorrect
Shinye Odontology
Forestadent
Protect
Xincheng 3B

Worldwide Orthodontic Supplies Market Segmentation

Analysis by Product Type

Fixed braces
Removable braces

Analysis by Applications Type

For Adults
For Teenagers

Regional Segment Analysis of the Orthodontic Supplies Market

– North America (U.S., Canada, Mexico)

– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

– Asia-Pacific (China, Japan, India, Rest of APAC)

– South America (Brazil and the Rest of South America)

– The Middle East and Africa (UAE, South Africa, Rest of MEA)

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Research Methodology by Market.us

Five phases will be used to conduct research on the keyword market. These include primary research as well as secondary research. Subject matter expert advice and quality control are also included. After gaining a better understanding of the requirements, secondary research was conducted to identify segment specifications, qualitative and quantitative data as well the factors driving the market growth. Secondary sources used in the study are press releases, annual reports from companies and research papers that relate to the industry.

For precise information on market expansion opportunities, data was also gathered from various sources, including trade journals, industry magazines, government websites and associations. Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Faction, Bloomberg, One Source and Hoovers, which proved to be useful for in-depth technical study of the market.

This report answers the following 12 key questions

1. Is Orthodontic Supplies a booming industry?

2. How big is the Orthodontic Supplies market?

3. How fast is the Orthodontic Supplies industry growing?

4. Who are the key players in Orthodontic Supplies?

5. Which industry uses Orthodontic Supplies the most?

6. What is the Orthodontic Supplies market growth?

7. Which region held the largest arOrthodontic Supplies market share?

8. What factors drive the Orthodontic Supplies market?

9. What are the business risks and threats to the market?

10. What are the emerging trends in this market and the reasons behind them?

11. What are some changing demands of customers in the market?

12. What are the new developments in the market? Which companies are leading these developments?

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TOC Highlights:

Chapter 1 Preface

This segment provides opinions of key participants, an audit of Orthodontic Supplies industry, market outlook across key regions, financial services, and various challenges faced by Orthodontic Supplies market. It briefly introduces the global Orthodontic Supplies market. This section depends on the Scope of the Study and Report Guidance.

Chapter 2 Executive Summary

It elaborated market outlook by segmentation in Orthodontic Supplies market. In addition, it also represents the market snapshot covered in the report.

Chapter 3 Market Dynamics

This section comprises current market dynamics in the Orthodontic Supplies market. Such as key driving factors, major opportunities areas, restraining factors, & recent trends in Orthodontic Supplies market. It also includes SWOT analysis and Porter’s five force analysis. This help to identify the key growth factors and challenges in the Orthodontic Supplies market.

Chapter 4 Global Orthodontic Supplies market Analysis, Opportunity, and Forecast, 2016-2032

This chapter comprises the current scenario of the Global Orthodontic Supplies market in 2021, including forecast estimation for 2023-2032.

Chapter 5 Geographic Analysis

This section has covered in-depth regional market share analysis and carefully scrutinized it to understand its current and future growth, development, and demand scenarios for this market.

Chapter 6 Covid-19 Impact

This section briefly describes the positive and negative impact of the COVID-19 Pandemic on the Global Orthodontic Supplies Market. 

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Chapter 7 Pricing Analysis

This chapter provides price point analysis by region and other forecasts.

Chapter 8 Competitive Landscape

It includes major players in the Orthodontic Supplies market. Moreover, it also covers the detailed company shares analysis in the report based on their product’s demand, and market served, the number of products, applications, regional growth, and other factors.

Chapter 9 Research Methodology

The research methodology chapter includes the following main facts,

9.1 Coverage

9.2 Secondary Research

9.3 Primary Research

Chapter 10 Conclusion

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