Orthodontic Supplies Market Research Report – Forecast till 2027

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) – Forecast Till 2027

ID: MRFR/HC/5895-HCR | February 2021 | Region: Global | 90 pages

Orthodontic Supplies Market Scenario

Orthodontic supplies market is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of USD 3890 million in 2017 and is projected to grow at a CAGR of 8.75% over the forecast period.

Orthodontic treatment is often used to improve the appearance and alignment of crooked, and protruding teeth, and to correct problems with the bite of the teeth. Orthodontic brackets have been used for years to treat misalignment of teeth. Invisible braces are popular choice for both adolescents and adults seeking straighter teeth. Invisalign offers patients highly effective correction without drawing unwanted attention.

Rising participation of market players is one of the key factors 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 increasing awareness about advanced orthodontic treatments, technological advancements, emerging markets in APAC and RoW, rising popularity of dental tourism, and increasing disposable incomes are also expected to propel the growth of the orthodontic supplies market.

However, the risks associated with orthodontic treatments, and high cost of advanced orthodontic treatments in some countries can hamper the orthodontic supplies market growth over the forecast period.

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 orthodontic supplies market is segmented into children and teenagers, and adults.

Based on end user, the orthodontic supplies market is segmented into hospitals, clinics, and others.

In the current scope of the study, the above-mentioned segments are covered into the four global regions, namely the Americas, Europe, Asia-Pacific and the Middle East & African region.

The orthodontic supplies market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The European orthodontic supplies market has been segmented into Western Europe and Eastern Europe. Western Europe has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The orthodontic supplies market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The orthodontic supplies market in the Middle East & Africa has been segmented into the Middle East and Africa.

Regional Market Summary

Global Orthodontic Supplies Market Share (%), by Region, 2017

Orthodontic Supplies Market

Sources: MRFR 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. According to the orthodontic services billing guide suggested by Washington State Healthcare Authority in 2018, orthodontic treatment and orthodontic-related services coverage are provided for severe malocclusions cases. It is also reported that only patients with age 20 and younger can avail coverage for such services.

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.

Research Methodology

Market Research Future research is conducted by industry experts who offer insights into industry structure, market segmentation, assessment, Competitive Landscape (CL), penetration, as well as on emerging trends. Besides primary interviews (~ 80%) and secondary research (~ 20%), their analysis is based on their years of professional expertise in respective industries. Our analysts also predict where the market will be headed in the next five to ten years, by analysing historical trends and current market positions. Furthermore, the varying trends of segments and categories geographically presented are studied and are estimated based on the primary and secondary research.

Primary Research

Extensive primary research was conducted to gain a deeper insight of the market and the industry performance. In this particular report we have conducted primary surveys (interviews) with key level executives (VPs, CEOs, Marketing Directors, Business Development Managers, and many more) of major players who are active in the market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed, over the next five to ten years.

Secondary Research

Secondary research was mainly used to collect and identify information useful for extensive, technical, market-oriented, and commercial study of the Orthodontic Supplies. It was also used to obtain key information about major players, market classification, and segmentation according to industry trends, geographical markets, and developments related to the market and perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, SEC filings, journals, white papers, corporate presentations, company web sites, international organization of chemical manufacturers, some paid databases, and many others.

Intended Audience

Medical Devices Companies

Government and Private Laboratories

Research and Development (R&D) companies

Medical Research Laboratories

Market Research and Consulting Service Providers

Segmentation and Key Players

Orthodontic Supplies Market, by Product

Fixed Braces
- Brackets
  - Conventional Brackets
  - Self-Ligating Brackets
  - Lingual Brackets
- Archwires
  - Beta Titanium Archwires
  - Nickel Titanium Archwires
  - Stainless Steel Archwires
- Anchorage Appliances
  - Bands and Buccal Tubes
  - Miniscrews
- Ligatures
  - Elastomeric Ligatures
  - Wire Ligatures

Removable Braces

Adhesives

Accessories

Orthodontic Supplies Market, by Patient

Children and Teenagers

Adults

Orthodontic Supplies Market, by End User

Hospitals

Clinics

Others

Orthodontic Supplies Market, by Key Players

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

Report Scope:

Report Attribute/Metric	Details
Market Size	2017: USD 3890 Million 2027: Significant Value
CAGR	8.75% (2018-2023)
Base Year	2019
Forecast Period	2020-2027
Historical Data	2018
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Product, Patient, End user
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	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
Key Market Opportunities	Rising participation of market players
Key Market Drivers	Increasing awareness about advanced orthodontic treatments Technological advancements Emerging markets in APAC and RoW Rising popularity of dental tourism Increasing disposable incomes

Frequently Asked Questions (FAQ) :

What is the valuation of the orthodontic supplies market?

The global orthodontic supplies market was valued at USD 3,890 million in 2017.

What are the growth prospects of the orthodontic supplies market?

The global orthodontic supplies market is expected to exhibit a strong 8.75% CAGR over the forecast period from 2018 to 2023.

What is the major driver for the market?

Increasing participation by market players, including new product launches, is likely to be a major driver for the orthodontic supplies market, along with the growing awareness about dental hygiene.

What is the leading regional market for orthodontic supplies?

The Americas hold a dominant share in the global orthodontic supplies market, due to the strong presence of major players in the region.

What are the key players in the market?

Leading players in the global orthodontic supplies market include 3M, Align Technology, American Orthodontics, Danaher, DB Orthodontics, Dental Morelli, Dentaurum, Dentsply Sirona, Great Lakes Orthodontics, Henry Schein, and Straumann Holding, among others.

Table of Contents:

Chapter 1. Report Prologue

Chapter 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

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Macroeconomic Indicators

4.5 Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Opportunities

5.4 Pricing Analysis

Chapter 6. Global Orthodontic Supplies Market, by Product

6.1 Introduction

6.2 Fixed Braces

6.2.1 Brackets

6.2.1.1 Conventional Brackets

Market Estimates & Forecast, by Region, 2020-2027