ID: MRFR/MED/1555-HCR | February 2021 | Region: Global | 80 pages
The orthodontic headgear market share is expected to grow rapidly and gain will grow at exponential CAGR during the forecast period. Orthodontic headgear is a type of device that is used to correct a patient's bite and support jaw alignment to increase functionality and reduce pain.
Headgear comes in a variety of styles and is typically worn by youngsters while their jawbones are still growing. It is a device that is affixed to a person's head and includes a neck strap around the head, a head cap, a facebow, and basic gear components. In the market, there are various varieties of orthodontic headgears that can be utilized according to an individual's demand and the necessity for orthodontic therapy. The basic goal of orthodontic headgear therapy is to reposition the teeth into a better position for functionality. Orthodontic treatments are used in the case of jaw development difficulties to modify and appropriately orient the jaw.
The need for medical supplies has increased to meet the needs of the affected population. In primary clinical therapy, respiratory support equipment such as atomizers, life-support machines, oxygen generators, and monitors are among the most commonly used medical devices. Furthermore, COVID-19 has resulted in a significant increase in demand for medical goods such as masks, gloves, and protective spectacles. Due to an increase in the number of COVID-19 cases worldwide, there is a greater demand for medical supplies from both healthcare professionals and the general public for precautionary measures. Manufacturers of these items have an opportunity to profit from the growing demand for medical supplies to provide a steady supply of personal protective equipment on the market. As a result, COVID 19 is projected to have a big impact on the Market Size. Many markets have seen a drop as a result of COVID-19. The primary cause for the reduction in Orthodontic Headgear Market Share is the lower incidence of dental treatment during the pandemic compared to other healthcare sectors that are primarily focused on combating COVID-19.
Orthodontic Headgear Market Dynamics
The global Orthodontic Headgear Market Value is steadily expanding. Increased preference for devices over surgeries, increasing advanced technology utilized in orthodontic devices, increasing advanced painless surgeries, and many other factors are influencing the Market. The market for orthodontic headgear is predicted to expand globally during the Forecast period. The enhanced technology utilized in the orthodontic head market, as well as the success of painless surgical goods, are some of the reasons for the high demand for the device in addition to surgery. The market for orthodontic headgear has seen fast growth in research and technological innovation in orthodontic goods. High healthcare spending, rising middle-class income, and increased knowledge of orthodontic devices in most nations are all aspects that are helping to propel the Market Growth. Dental health awareness, as well as an increase in the number of dental treatments, the availability of highly certified experienced dentists, and the number of dental clinics, may all contribute to market growth. Furthermore, rising awareness of modern orthodontic goods is one of the major reasons fueling the orthodontic headgear market's expansion.
The market for orthodontic headgear has seen fast growth in research and technological innovation in orthodontic goods. The Market report contains detailed market data on technology, prognosis, and treatments. Prevalence, incidence, mortality, and adherence rates are some of the data variables available on the market. Participants in the Global Market will benefit from technological advancements and improvements in the next years. The installed base of various types of products for the Market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the Market are all increasing as a result of technological advancements during the Orthodontic Headgear Market Analysis.
Limited insurance coverage for modern orthodontic equipment is one of the problems limiting progress. However, unfavorable reimbursement regulations and the expensive cost of sophisticated orthodontic equipment would limit the orthodontic headgear market's expansion, while the high risks and complications associated with orthodontic procedures will provide a hurdle to the market's growth during the forecast period.
Orthodontic Headgear Market Segment Overview
Based on the product type, the orthodontic headgear market has been segmented as follows:
Based on the end-user, the orthodontic headgear market has been segmented as follows:
Orthodontic Headgear Market Regional Classification
North America is the largest market for orthodontic headgear globally, with significant growth projected over the projection period. North America now dominates the market, with the United States accounting for the greatest share. The demand for metal-free restorations is driving this market. Growing population, rising interest in dental cosmetic operations among people, increased legislative use of oral social insurance across North America, and high reimbursement policies, when compared to other regions, are the factors driving the market in this region. Europe is the second-largest market for orthodontic headgear, with significant growth predicted. As far as the region goes, Asia Pacific is likely to be the market's fastest expanding.
Orthodontic Headgear Market Competitive Landscape
Due to the presence of numerous private companies who manufacture counterfeit versions of trademark products to boost their sales, the orthodontic headgear market is highly fragmented. As a result, the market's key players are investing in the creation of one-of-a-kind products that will set them apart from the competition. Big corporations have established themselves in the orthodontic headgear market, for example, through the adoption of novel materials and partnerships with celebrities. The major key players of the market are as follows:
Orthodontic Headgear Market Report Overview
The current market landscape is depicted in detail in the research, which includes historical and projected market size in terms of value and volume, technological advancements, and market regulating variables. The study also offers specific information and plans for the top major players in the market. A market study of target rivals might range from technology-based studies to market portfolio strategies. The research includes a complete analysis of the orthodontic headgear market share as well as information on key drivers, restraints, and opportunities. The market study also includes estimated market estimates and trends for several nations and key regions throughout the world. The research provides market size and value predictions (USD million).
|Market Size||2027: Significant Value|
|CAGR||2020-2027: Substantial CAGR|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Product Type and End-users|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Ortho Kinetics Corporation, DB Orthodontics, SmileDirectClub, OraMetrix, Inc, Heilongjiang Label Technology Co., Ltd.|
|Key Market Opportunities||Rising demand of device over surgeries|
|Key Market Drivers||Increasing advance technology used in orthodontic devices and advanced painless surgeries|
Frequently Asked Questions (FAQ) :
Technological advances and increasing numbers of highly qualified and skilled professionals are the major tailwinds pushing the growth of the global orthodontic headgear market.
The cervical pull segment holds the largest share in the global orthodontic headgear market.
North America holds the largest share in the global orthodontic headgear market, followed by Europe and the Asia Pacific, respectively.
DB Orthodontics (UK), Ortho Kinetics Corporation (US), SmileDirectClub (US), Heilongjiang Label Technology Co., Ltd. (China), OraMetrix, Inc. (US), Oswell Dental (China), and Orthoband (US), are some of the major players operating in the orthodontic headgear market.
Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global orthodontic headgear market adopt to gain a larger competitive advantage.