The size of the North American Orthodontic Supplies Market is expected to worth USD 1.95 billion by 2028 and USD 1.32 billion in 2023, growing at a CAGR of 8.20% during the forecast period.
Factor such as the growing number of patients with malocclusion, jaw diseases, tooth decay/tooth loss, and jaw pain, rising disposable income among the middle class, rising awareness among consumers about advanced orthodontic treatments, and technological advancements are primarily driving the North American orthodontic supplies market during the forecast period.
Additionally, rising disposable income levels, increased oral health awareness, and an increase in the number of dental clinics, increasing technological developments, and increased awareness of orthodontic operations are all expected to boost the market growth. The increased incidence of dental disorders, as well as people’s rising desire to appear better cosmetically, is driving the North American orthodontic supplies market. In addition, the Center for Radiological Devices and Health (CDRH) is encouraging dental practitioners to utilize quicker X-ray film to decrease patient radiation exposure. As a result of the rules established by these regulatory organizations, effective orthodontic products are being developed.
3D printing technology aids in the creation of individually tailored braces for each patient. This is important since it helps to reduce the number of visits to orthodontic clinics for braces adjustments. These advancements are likely to open up a wide variety of opportunities for companies in the orthopedic supplies market to grab a big customer base. With the ongoing developments in digital technology, many dental businesses are concentrating their efforts on digital tools. As the pandemic continues, this technology allows dental clinics to retain digital connections with patients and continually monitor treatment. The market is expected to expand due to several factors, including an increase in the incidence of malocclusion and a rising focus on the cost of effective orthodontic treatment. The most often utilized items for the successful treatment of malocclusions are orthodontic supplies like fixed braces and detachable braces.
The shortage of dentists and a lack of advanced orthodontic training among dentists are likely to restrict the adoption of dental consumables, which is expected to impact the orthodontic supplies market in the North American region. In addition, poor reimbursement rules and a lack of awareness among patients limit the growth of the orthodontics market in North America.
This research report on the North American Orthodontic Supplies Market has been segmented and sub-segmented based on the following categories:
Based on the product, the fixed braces segment has the largest share in the North American orthodontic supplies market as of 2020, owing to better affordability.
Based on the patients, the children and adolescent patient segment hold the largest share.
Based on the region, the U.S and Canada are highly developed countries that provide the right amount of revenue for this market and will continue to show a decent CAGR in the forecasting period. During the forecast period, the government’s attempts to raise awareness about orthodontic treatments and the increased availability of advanced orthodontic supplies in the market are expected to drive demand for orthodontic supplies. With the rising frequency and prevalence of orthodontic issues, North America is gaining traction. More strong footholds of major key players in the area increased awareness of orthodontic treatment, and widespread adoption of orthodontic supplies is expected to contribute significantly to the growth of the orthodontic supplies market in North America. As a result, North America has the highest market share, with the United States surpassing Canada in its contribution. Growing population, rising interest in dental cosmetic operations among individuals, increased legislative usage of oral social insurance across North America, and high reimbursement policies, when compared to other areas, are the driving factors. Because of rising disposable income, a growing number of individuals seeking aesthetic orthodontic treatments, and a better dental care system, the United States led the North American orthodontic supplies market in 2020.
KEY MARKET PLAYERS:
Some of the major competitors dominating the North American Orthodontic Supplies market are Align Technology Inc., Danaher Corporation, Henry Schein, Inc., DENTSPLY International, Inc., Dentaurum GmbH & Co. KG, and TP Orthodontics, Inc.
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