Orthodontic Supplies
Market Research Report: By Product (Fixed Braces (Brackets & Others)),
Removable Braces, Adhesives & Accessories), Patient (Children and Teenagers
& Adults), (End User (Hospitals, Clinics & others) – Global Forecast Till
2023
Market Highlights:
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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Segmentation
The global orthodontic
supplies market is segmented based on product, patient, end user, and region.
The global market for
orthodontic supplies, by product is segmented into fixed braces, removable
braces, adhesives, and accessories.The fixed braces segment is further
classified as brackets, archwires, anchorage appliances, and ligatures. The
brackets segment includes conventional brackets, self-ligating brackets, and
lingual brackets. The archwires segment includes beta titanium archwires,
nickel titanium archwires, and stainless steel archwires. The anchorage
appliances segment includes bands and buccal tubes, and miniscrews. The
ligatures segment includes elastomeric ligatures, and wire ligatures.
Based on patient type, the
market is segmented into children and teenagers, and adults.
Based on end user, the
market is segmented into hospitals, clinics, and others. The hospitals segment
is anticipated to hold the largest market share owing to the increasing cases
of orthodontic conditions.
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.
Intended Audience
- Medical Devices Companies
- Government and Private Laboratories
- Research and Development (R&D) companies
- Medical Research Laboratories
- Market Research and Consulting Service
Providers
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The report for Global market by Market
Research Future comprises of extensive primary research along with the detailed
analysis of qualitative as well as quantitative aspects by various industry
experts, key opinion leaders to gain a deeper insight of the market and
industry performance. The report gives a clear picture of the current market
scenario which includes past and estimated future market size with respect to
value and volume, technological advancement, macro economical and governing
factors in the market. The report provides detail information about and
strategies used by top key players in the industry. The report also gives a
broad study of the different market segments and regions.
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, and others.
TOC:
1.
Report Prologue
2. Market
Introduction
2.1
Definition
2.2 Scope of the
Study
2.2.1
Research Objective
2.2.2
Assumptions
2.2.3
Limitations
3. Research
Methodology
3.1 Introduction
3.2 Primary
Research
3.3 Secondary research
3.4 Market Size
Estimation
TOC…Continued
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