Orthodontics Market Introduction and Overview
According to SPER Market Research, the Global Orthodontics Market is estimated to reach USD 50.28 billion by 2031 with a CAGR of 21.94%.
The report includes an in-depth analysis of the Global Orthodontics market, including market size and trends, product mix, distribution channels, and supplier analysis. Orthodontics is a branch of dentistry that focuses on the diagnosis, prevention, and treatment of dental and facial anomalies and abnormalities. Orthodontics instruments are used to straighten teeth, prepare the mouth and teeth for braces, and provide support during the brace process. Orthodontics treatment is used to fix large gaps between teeth, align tooth tips, straighten crooked teeth, and improve speaking or chewing skills. Orthodontics is used to correct crowded, protruding, and crooked teeth, as well as problems with tooth bite.
- In February 2023, makeO, an Indian health technology startup, bought Smileneo, which wants to be the leading clinical beauty technology platform in both the Asian and MENA markets.
- Orthobrain joined with OrthoSelect in November 2022 to provide orthodontists with cost-effective clear aligner solutions, resulting in increased productivity and profitability.
Market Opportunities and Challenges
The global orthodontics market is expanding due to an increase in the geriatric population, increased awareness about oral health, and increased demand for orthodontic products. According to Eurostat, more than 20.6% of the EU population would be 65 or older in 2020. Furthermore, an increase in the prevalence of malocclusion is projected to drive their adoption during the study period. Conversely, vast untapped market potential in emerging markets such as China and India, as well as an increase in demand for orthodontic operations, are likely to give profitable prospects to market participants.
The orthodontics market has numerous challenges that have an impact on its growth and functioning. One of the most significant challenges is the high cost of orthodontic procedures, which might deter potential patients, particularly in areas with inadequate healthcare coverage or high out-of-pocket payments. Furthermore, while technological advances improve treatment options, they need ongoing investment in training and equipment updates, posing financial and educational obstacles for practitioners. This market is highly competitive, resulting in price pressures and making it difficult for individual clinics to stand out.
Market Competitive Landscape
The market for Orthodontics is fragmented and competitive. The primary methods used by players to grow and expand their position in the orthodontics market are product launches, partnerships, collaborations, agreements, and market expansions. 3M Company, Align Technology Inc, American Orthodontics, Dentaurum GmbH & Co. KG are some of the market's prominent companies.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2031 |
| Base year considered | 2020 |
| Forecast period | 2021-2031 |
| Segments covered | By Product Type, By End User
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
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| Companies Covered | 3M Company, Align Technology, Inc., American Orthodontics, Dentaurum GmbH & Co. KG, Dentsply Sirona Inc., Envista Holdings Corporation, G&H Orthodontics, Inc., Henry Schein, Inc., Rocky Mountain Orthodontics, Inc.
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COVID-19 Impact on Global Orthodontics Market
The COVID-19 epidemic had a significant impact on the orthodontics industry. Due of safety concerns and government-mandated lockdowns, the pandemic initially compelled many orthodontic practices to temporarily halt or reduce their operations. As a result, patient visits and revenue streams for orthodontic practitioners were significantly disrupted. Furthermore, the fear of getting the virus, as well as financial difficulties, drove some patients to postpone or cancel their orthodontic procedures, resulting in a decline in new patient inquiries.
Key Target Audience:
- Pharmaceutical and Biotechnology Companies
- Medical Device Manufacturers
- Healthcare Providers and Systems
- Payers and Insurers
- Academic and Research Institutions
- Health Technology Assessment (HTA) Bodies
- Others
Our in-depth analysis of the Orthodontics Market includes the following segments:
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By Product Type:
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Instruments
Supplies
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By End User:
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Dentist & Orthodontist Owned Practices
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Key Topics Covered in the Report:
- Global Orthodontics Market Size (FY’2021-FY’2031)
- Overview of Global Orthodontics Market
- Segmentation of Global Orthodontics Market By Product Type (Instruments, Supplies, Removable)
- Segmentation of Global Orthodontics Market By End User (Dentist Orthodontist Owned Practices)
- Statistical Snap of Global Orthodontics Market
- Expansion Analysis of Global Orthodontics Market
- Problems and Obstacles in Global Orthodontics Market
- Competitive Landscape in the Global Orthodontics Market
- Impact of COVID-19 and Demonetization on Global Orthodontics Market
- Details on Current Investment in Global Orthodontics Market
- Competitive Analysis of Global Orthodontics Market
- Prominent Players in the Global Orthodontics Market
- SWOT Analysis of Global Orthodontics Market
- Global Orthodontics Market Future Outlook and Projections (FY’2021-FY’2031)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Orthodontics Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Orthodontics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Orthodontics Market
7. Global Orthodontics Market, By Product Type (USD Million)
7.1. Global Orthodontics Market Value Share and Forecast, By Product Type, 2021-2031
7.2. Instruments
7.3. Supplies
7.3.1. Fixed
7.3.2. Brackets
7.3.3. Bands & Buccal Tubes
7.3.4. Archwires
7.3.5. Others
7.3.6. Removable
7.3.7. Aligners
7.3.8. Retainers
7.3.9. Others
8. Global Orthodontics Market, By End User (USD Million)
8.1. Global Orthodontics Market Value Share and Forecast, By End User, 2021-2031
8.2. Dentist & Orthodontist Owned Practices
8.3. Others
9. Global Orthodontics Market Forecast, 2019-2031 (USD Million)
9.1. Global Orthodontics Market Size and Market Share
10. Global Orthodontics Market, By Product Type, 2019-2031 (USD Million)
10.1. Global Orthodontics Market Size and Market Share By Product Type (2019-2026)
10.2. Global Orthodontics Market Size and Market Share By Product Type (2027-2031)
11. Global Orthodontics Market, By End User, 2019-2031 (USD Million)
11.1. Global Orthodontics Market Size and Market Share By End User (2019-2026)
11.2. Global Orthodontics Market Size and Market Share By End User (2027-2031)
12. Global Orthodontics Market, By Region, 2019-2031 (USD Million)
12.1. Global Orthodontics Market Size and Market Share By Region (2019-2026)
12.2. Global Orthodontics Market Size and Market Share By Region (2027-2031)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Rest of Middle East & Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. 3M Company
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Align Technology, Inc.
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. American Orthodontics
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Dentaurum GmbH & Co. KG
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Dentsply Sirona Inc.
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Envista Holdings Corporation
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent development
13.7. G&H Orthodontics, Inc. (Altaris Capital Partners, LLC)
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent development
13.8. Henry Schein, Inc.
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent development
13.9. Rocky Mountain Orthodontics, Inc.
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent development
13.10. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
