Orthodontic Supplies Market

Global Orthodontic Supplies Market Size (2022 to 2027)

The global orthodontic supplies market size is predicted to grow USD 5.98 billion by 2027 from USD 4.05 Billion in 2022, growing at a CAGR of 8.1% from 2022 to 2027.

Orthodontic treatment improves the appearance and alignment of crooked and protruding teeth and the teeth' bite-related problems. Orthodontic brackets are used to treat misalignment of teeth, and this has been operating for years. It helps to take long-term health of the teeth, gums, and jaws points by spreading the biting pressure over the teeth. Earlier, orthodontic treatments were used for children and teens, but now many adults are also opting for orthodontic treatment to correct oral problems and improve oral health. Brackets are being dominated the orthodontic supplies market over the years. Orthodontists prefer frames and are primarily adapted for comfort and convenience.

Moreover, the bracket treatment takes less time consumption. According to the American Dental Association, it is estimated that there are 10,658 orthodontists. Currently, there are 3.27 orthodontists per every 100,000 population in the United States. However, during the COVID-19 Pandemic period, the market experienced a growth decline. 

MARKET DRIVERS:

The demand for the global orthodontic supplies market has increased due to the increase in oral disease prevalence. Increasing awareness among the emerging countries about the current orthodontic treatments is expected to increase the market growth. Other factors such as growing technological advancements and introducing new procedures and treatments are estimated to improve the market growth. Other factors include increasing income levels and rising compliance for high-quality orthodontic supplies. Moreover, it is estimated that increasing demand for orthodontic supplies provides enough opportunities for the manufacturers in many countries; thus, expanding the growth can be possible.

The increasing pool of patients with jaw misalignment, tooth decay or loss, jaw pain, growing disposable income, rising awareness of consumers regarding advanced orthodontic technologies, and advancement in the orthodontic product's technology are the major driving factors for the growth of the global orthodontic supplies market.

MARKET RESTRAINTS:

However, unsuitable reimbursement scenarios, restricted insurance policies for orthodontic treatments, and complexities associated with such therapies constrain the global orthodontic supplies market growth.

Impact of COVID-19 on the global orthodontic supplies market:

The COVID-19 has negatively impacted all sectors of the economy in the first period of 2020. The sudden outbreak has negatively affected the market growth. Due to the lockdown restrictions across the world in the first half of 2020, all the concerned activities on Orthodontic supplies had been postponed. However, the latter period of the COVID-19 has shown a positive impact on the market's growth. The demand for the market has rapidly increased, the bracket treatments have been dominating the market during the forecast period. However, the global orthodontic supplies market is expected to have its growth in the coming years.

REPORT COVERAGE:

This research report on the global orthodontic supplies market has been segmented and sub-segmented based on the product, patients, and region.

Orthodontic Supplies Market - By Product:

• Fixed Supplies

• Removable Supplies

• Adhesives

Based on the product, the fixed braces segment has been holding the largest market share in the global orthodontic supplies market between 2020 to 2025. Fixed braces are more effective and precise in treating the dental structure's irregularities, and it is the most preferred treatment option in orthodontic supplies.

Orthodontic Supplies Market - By Patients:

• Children & Adolescents

• Adults

Based on patients, the children and teenagers are the larger end-users of the orthodontic supplies market during the previous years. Orthodontic treatments are more effective and successful in children and teenagers. The adult segment is expected to hold the highest CAGR in the coming years.

Orthodontic Supplies Market - By Region:

• North America

• Europe

• Asia Pacific

• Latin America

• The Middle East and Africa

Geographically, The orthodontic supplies market in North America is predicted to be leading during the forecast period, followed by Europe. But, the Asia-Pacific is expected to show the highest CAGR in the forecast period. The North American market has held the largest market share of the Orthodontic supplies market over the years. The high prevalence of dental disorders and increasing compulsion in people to look better and attractive are propelling the market's growth rate. However, the rising population, increasing interest in orthodontic procedures, and adoption of advanced technologies are expected to drive market growth. 

The orthodontic supplies market in Europe held the second-largest contributor to the global orthodontics supplies market, after North America. The influential growth factors such as rising incidences of oral problems, improving healthcare infrastructure, and increasing insurance assurance for these treatments are anticipated to enhance the market growth of Orthodontic supplies in Europe. 

The orthodontic supplies market in the Asia Pacific is anticipated to witness the most extensive market growth. Emerging countries such as India and China are expected to record a large market share during the forecast period. Increasing disposable income, rising number of oral problems, growing orthodontic companies, and awareness among the people in this region influence market growth. 

The Orthodontic Supplies Market in Latin America is growing at a CAGR of 7.3% from 2021 to 2026. The key drivers of the Latin America orthodontic supplies market are the rising prevalence of dental disorders and oral diseases. Also, increasing focus on healthcare technological advancements for the creation of new and innovative products and a growing necessity for minimally invasive surgery is the key market growth. 

The orthodontic supplies market in Middle East & Africa is expected to improve the global orthodontic supplies market share during the forecast period. Improving healthcare infrastructure facilities, increasing dental problems, and growing awareness of orthodontics treatments are anticipated to enhance the market share.

KEY MARKET PARTICIPANTS:

Noteworthy companies dominating the global orthodontic supplies market analyzed in this report are Align Technology Inc., Danaher Corporation, Henry Schein, Inc., DENTSPLY International, Inc., Dentaurum GmbH & Co. KG, and TP Orthodontics, Inc.

RECENT MARKET DEVELOPMENTS:

• In 2020, the Align design and practice transformation (ADAPT) services were launched by Align Technology to provide the necessary tools and support to guide doctors. 

• In May 2019, Great Lakes Dental Technologies had launched the new comfort track transparent aligner material designed for patient comfort. The deliberate move will guide the company in strengthening its portfolio.