Asia-Pacific is Oobserved to Witness Fastest Growth in the Orthodontic Supplies Marketby VynZ Research Marketing Research Consultant
Currently for orthodontic procedures has been increasing significantly. It is the branch of dentistry which deals with enlargement and development of orofacial structures. It deals with the oral related problems like as malocclusion, irregularities of teeth and associated facial problems. Orthodontic products are made up of material like metal, plastic, and ceramic. The global orthodontic supplies market is growing at a significant pace due to increasing awareness about advanced orthodontic treatment and increasing prevalence of orthodontic problems such as malocclusion, jaw problems, and tooth decay.
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By basis of product, the orthodontic supplies market is categorized into removable braces, fixed braces, adhesives, and accessories. By all product type, fixed braces market account for the major share in the global market, due to effective outcomes, huge demand of these braces in developing countries and better affordability as the contrast to removable braces.
The different end users of orthodontic supplies are adults and children and teenager. The adult's segment is expected to grow at the fastest pace in the orthodontic supplies industry, due to increasing demand for invisible braces among adults, cosmetic concerns and high awareness of orthodontic treatment. However, the children and teenager are estimated to account the largest share in the market, due to increasing adoption of fixed braces among children and teenagers, and treatment is effective and very successful in childhood or teenager.
Incorporation of orthodontics with digital technology such as CAM/CAD and software and increasing adoption of cosmetic orthodontics are the major trends in the orthodontic supplies market. CAD technology is largely being used by the dentists and dental laboratories to restore or creating tooth.
The rising number of patients with orthodontic problems such as jaw diseases, tooth decay, periodontal disease, jaw pain and malocclusions and mounting healthcare expenditure, is also powering the growth of the orthodontic supplies market. For example, according to the World Health Organization (WHO), globally 60%-90% of school children suffer from dental cavities.
Globally, North America is the largest orthodontic supplies market, as the region is home to a large number of industry players. Few of the other factors leading to the growth of the North American orthodontic supplies market are increasing healthcare expenditure, increasing focus on aesthetics, increasing adoption of orthodontic treatment among children and adults, technological advancement in orthodontic treatment and increasing prevalence of oral disease.
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Asia-Pacific especially countries like China, Korea, Japan, India, Taiwan are observed to witness the fastest growth in the market. As the region comprises of the largest population, improving healthcare infrastructure and the awareness for orthodontic supplies is increasing fast among them. In addition, growing medical tourism, increasing awareness of tooth decay and malocclusion, and growing focus of orthodontic companies in the region are also creating a positive impact on the orthodontic supplies market growth in the region.
Key players in the orthodontic supplies industry are investing in the development of innovative and advanced products, which is strengthening their position in the market. In January 2018, 3M and 3Shape partnered to advance digital workflows for orthodontics. In addition, in April 2018, Align Technology, Inc. introduced Invisalign Go, to treat a wide range of cases such as crowded or gap teeth which require teeth straightening prior to restorative treatments. 3M, Dentsply Sirona, Rocky Mountain Orthodontics, Align Technology, Danaher, American Orthodontics, G&H Orthodontics, Henry Schein, Dentaurum, and TP Orthodontics are some of the key players offering orthodontic supplies products.
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Created on Feb 19th 2019 01:36. Viewed 150 times.