November 12, 2024

Orthodontics Market Value To Hit US$ 21.5 Billion By 2030

According to a research report Orthodontics Market (By Product Type: Instruments and Supplies [Fixed and Removable]; By End User: Hospitals, Dental Clinics, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 – 2030″ published by Precedence Research.

The orthodontics market value is projected to hit from USD 6.9 billion in 2022 to USD 21.5 billion by 2030, growing at a CAGR of 15.3% every year.

Orthodontics Market Size 2020 to 2030

The study provides an analysis of the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2021 is considered as the base year.

The rising prevalence of malocclusion, rising awareness regarding the dental problems, technological advancements in the orthodontic treatments, and surging number of dentists are the most prominent factors that drives the growth of the global orthodontics market. The rising geriatric population, growing issues related to dental health among the children and teens, and rising demand for the cosmetic dentistry are the significant factors that fosters the orthodontics market growth across the globe.

According to the United Nations, the global geriatric population is estimated to reach at 2 billion. The old age people are more susceptible to the dental disorders. Moreover, the rising number of road traffic accidents may result in the damage of teeth, which further fuel the demand for the orthodontic services in the developing nations as maximum number of road traffic accidents occur in developing nations, as per the World Health Organization.

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Scope of the Orthodontics Market
Report Coverage Details
Market Size US$ 21.5 Billion by 2030
Growth Rate CAGR of 15.3% from 2021 to 2030.
Largest Market North America
Fastest Growing Market Asia Pacific
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, End User, Region
Market Dynamics

Increasing prevalence of teeth malocclusions is boosting the demand

The rapidly growing burden of teeth malocclusions is expected to foster the demand for the various orthodontic products across the globe. Asper the Align Technology, Inc., a prominent player in the orthodontics market, around 12 million cases of malocclusions and dental misalignment across the globe are seeking the dental treatment and around 34% of these cases are in Asia Pacific region. Asia Pacific is a highly populated and the fastest-growing market. Therefore, the rising prevalence of teeth malocclusions is expected to drive the growth of the global orthodontics market during the forecast period.

Restraints

High costs of orthodontics procedures

A very high cost is involved in receiving the orthodontics treatment and procedures. The acquisition of advanced products like clear aligners and 3D imaging techniques involves a huge cost that restricts the consumers in the low and middle income countries from getting the treatment. Therefore, the expensive products and treatments may hamper the market growth during the forecast period.

Opportunity

Technological advancements in the products and services

The rising adoption of the advanced equipment and products like clear aligners, 3D imaging, CAD/CAM software, IoT, and AI-based technologies are expected to provide a lucrative growth opportunity to the market players in the foreseeable future. Moreover, the rising adoption of the technologies in the cosmetic dentistry is further expected to fuel the growth of the orthodontics market across the globe.

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Report Highlights
  • Based on the product type, the supplies segment dominated the market in 2020, accounting for a market share of over 95%. The surging adoption of clear aligners, rising adoption of advanced technologies, shifting focus towards cosmetic dentistry, and new product launches by the market players are the prominent drivers of the supplies segment. Moreover, rising awareness regarding the advances in the orthodontics due to the initiatives of various organizations is expected to positively impact the market. For instance, in January 2017, the University of Illinois launched a 4 week full-time program at Chicago, on spreading awareness regarding the latest developments and advances in the orthodontics.
  • Based on the end user, the dental clinics segment dominated the market in 2020. This is attributed to the rising number of professional dentists and growing number of dental clinics across the globe. According to the American Association of Orthodontists, the number of professional active orthodontists has increased by 15% since the year 2001.
Regional Snapshot

North America dominated the global orthodontics market in 2020. The rising prevalence of dental disorders, increased demand for the cosmetic orthodontics, adoption of advanced orthodontics equipment and products, and presence of sufficient number of orthodontists and dental clinics across North America are the prominent driving factors. According to the American Association of Orthodontists, the number of professional active orthodontists has increased by 15% since the year 2001.According to the American Dental Association; there were around 10,568 active orthodontists in US by the end of 2017. Therefore, the presence of huge number of active dental professionals is positively contributing towards the market growth.

Asia Pacific is estimated to be the most opportunistic market during the forecast period. The presence of huge youth population, rising number of births, rapidly growing geriatric population, rising number of dental clinics, and rising awareness regarding the orthodontics among the people are some of the significant growth drivers. The prevalence of malocclusions is estimated to range from 20% to 43% in India. The prevalence of malocclusions in China was around 45% among the pre-school children in China from 1988 to 2017, as per the studies. Thus, the rising prevalence of malocclusions is expected to boost the market growth in Asia Pacific in the forthcoming years 

Some of the prominent players in the global orthodontics market include:
  • 3M Company
  • Align Technology, Inc.
  • American Orthodontics
  • Danaher Corporation
  • Dentaurum GmbH & Co. KG
  • DENTSPLY International, Inc.
  • G&H Orthodontics, Inc.
  • Henry Schein, Inc.
  • Rocky Mountain Orthodontics, Inc.
  • TP Orthodontics, Inc.
Market Segmentation

By Product Type

  • Instruments
  • Supplies
    • Fixed
      • Archwires
      • Brackets
      • Bands and Buccal Tubes
      • Others
    • Removable
      • Retainers
      • Aligners
      • Others

By End User

  • Hospitals
  • Dental Clinics
  • Others

By Age Group

  • Adults
  • Children

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • MEA
  • Latin America
  • Rest of the World

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Orthodontics Market 

5.1. COVID-19 Landscape: Orthodontics Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Orthodontics Market, By Product

8.1. Orthodontics Market, by Product Type, 2021-2030

8.1.1. Instruments

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Supplies (Fixed, Removable)

8.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Orthodontics Market, By End User

9.1. Orthodontics Market, by End User, 2021-2030

9.1.1. Hospitals

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Dental Clinics

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Others

9.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Orthodontics Market, By Age Group 

10.1. Orthodontics Market, by Age Group, 2021-2030

10.1.1. Adults

10.1.1.1. Market Revenue and Forecast (2019-2030)

10.1.2. Children

10.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 11. Global Orthodontics Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product (2019-2030)

11.1.2. Market Revenue and Forecast, by End User (2019-2030)

11.1.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Product (2019-2030)

11.1.4.2. Market Revenue and Forecast, by End User (2019-2030)

11.1.4.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Product (2019-2030)

11.1.5.2. Market Revenue and Forecast, by End User (2019-2030)

11.1.5.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product (2019-2030)

11.2.2. Market Revenue and Forecast, by End User (2019-2030)

11.2.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Product (2019-2030)

11.2.4.2. Market Revenue and Forecast, by End User (2019-2030)

11.2.4.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Product (2019-2030)

11.2.5.2. Market Revenue and Forecast, by End User (2019-2030)

11.2.5.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Product (2019-2030)

11.2.6.2. Market Revenue and Forecast, by End User (2019-2030)

11.2.6.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Product (2019-2030)

11.2.7.2. Market Revenue and Forecast, by End User (2019-2030)

11.2.7.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product (2019-2030)

11.3.2. Market Revenue and Forecast, by End User (2019-2030)

11.3.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Product (2019-2030)

11.3.4.2. Market Revenue and Forecast, by End User (2019-2030)

11.3.4.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Product (2019-2030)

11.3.5.2. Market Revenue and Forecast, by End User (2019-2030)

11.3.5.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Product (2019-2030)

11.3.6.2. Market Revenue and Forecast, by End User (2019-2030)

11.3.6.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Product (2019-2030)

11.3.7.2. Market Revenue and Forecast, by End User (2019-2030)

11.3.7.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product (2019-2030)

11.4.2. Market Revenue and Forecast, by End User (2019-2030)

11.4.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Product (2019-2030)

11.4.4.2. Market Revenue and Forecast, by End User (2019-2030)

11.4.4.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Product (2019-2030)

11.4.5.2. Market Revenue and Forecast, by End User (2019-2030)

11.4.5.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Product (2019-2030)

11.4.6.2. Market Revenue and Forecast, by End User (2019-2030)

11.4.6.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Product (2019-2030)

11.4.7.2. Market Revenue and Forecast, by End User (2019-2030)

11.4.7.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Product (2019-2030)

11.5.2. Market Revenue and Forecast, by End User (2019-2030)

11.5.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Product (2019-2030)

11.5.4.2. Market Revenue and Forecast, by End User (2019-2030)

11.5.4.3. Market Revenue and Forecast, by Age Group (2019-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Product (2019-2030)

11.5.5.2. Market Revenue and Forecast, by End User (2019-2030)

11.5.5.3. Market Revenue and Forecast, by Age Group (2019-2030)

Chapter 12. Company Profiles

12.1. 3M Company

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Align Technology, Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. American Orthodontics

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Danaher Corporation

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Dentaurum GmbH & Co. KG

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. DENTSPLY International, Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. G&H Orthodontics, Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Henry Schein, Inc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Rocky Mountain Orthodontics, Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. TP Orthodontics, Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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