The report “Latin
America Orthodontic Supplies Market by Removable & Fixed
Braces (Brackets (Self Ligating, Lingual), Archwire (Nickel Titanium, Stainless
Steel), Anchorage Appliances (Buccal Tube, Band), Ligature (Elastomeric, Wire))
& Adhesives - Forecast to 2020”,This report studies the Latin American Orthodontic Supplies market over
the forecast period of 2015 to 2020. The market is estimated at USD 245.0
Million in 2015 and is poised to grow at a CAGR of 5.5% during the forecast
period, to reach USD 320.2 Million by 2020
Browse 63 market
data tables and 55 figures spread through 136 pages and in-depth TOC on "Latin America Orthodontic Supplies Market “
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A number of factors such as the rising number of patients
with malocclusions, lower cost of orthodontic treatment in Latin America (as
compared to other developed nations), higher concentration of orthodontics
associations, decreasing trade barriers for medical devices in some Latin
American countries, and rising disposable incomes in Brazil, Mexico, and Chile
are propelling the growth of the Latin America orthodontic supplies market.
Moreover, growing medical tourism in Latin America, increasing adoption of
orthodontic treatment, and improving socioeconomic status will provide growth
opportunities for players in the region. On the other hand, risks and
complications during or post-orthodontic treatments and limited reimbursement
coverage for orthodontic treatments are restraining the growth of this market.
The Latin
American orthodontic supplies market has been segmented into three broad segments
fixed braces, removable braces, and orthodontic adhesives. The fixed braces
segment is further categorized into brackets, archwires, anchorage appliances,
and ligatures. The brackets market is segmented into conventional,
self-ligating, and lingual braces. The archwires segment is categorized into
nickel & beta titanium and stainless steel. Anchorage appliances are
further segmented into buccal tubes, bands, and miniscrews, whereas the
ligatures market is segmented into elastomeric and wire ligatures.
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The market is divided into Brazil,
Mexico, Chile, Argentina, Peru, and the Rest of Latin America. In 2015, Brazil
holds the largest market share, followed by Mexico. Chile is estimated to grow
at the highest CAGR in the forecast period due to healthcare and trade-related
initiatives taken by Chilean government to raise awareness and the better
economic landscape in Chile (as compared to other countries).
The major players in the Latin America
orthodontic supplies market include Dental Morelli Ltda. (Brazil), 3M
Corporation (U.S.), American Orthodontics (U.S.), DENTSPLY International, Inc.
(U.S.), Ormco Corporation (U.S.), and Orthometric (Brazil), and FORESTADENT
(Germany).
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