Orthodontic Supplies Market Forecast to 2021

The report "Orthodontic Supplies Market by Removable & Fixed Braces (Brackets (Self Ligating, Lingual, Metal, Ceramic, Aesthetic), Archwire (Nickel Titanium, Stainless Steel), Ligature (Elastomeric, Wire), Anchorage Appliances, Adhesives), Patient - Forecast to 2021” This report studies the orthodontic supplies market over the forecast period of 2016 to 2021. The market is expected to reach USD 4.71 Billion by 2021, at a CAGR of 8.0% during the forecast period.

                                           

Factors such as growing number of patients with malocclusion, jaw diseases, tooth decay/tooth loss, and jaw pain; increasing disposable income and expanding middle-class population in developing countries; increasing awareness among consumers about advanced orthodontic treatments; and technological advancements in orthodontic products are propelling the growth of the orthodontic supplies market.

On the basis of product, the global orthodontic supplies market is divided into three major categories, namely, fixed braces, removable braces, and orthodontic adhesives.

Fixed Braces category is further divided into five orthodontic products segment, namely, brackets, by type (conventional, self-ligating, and lingual); brackets, by material (metal/traditional and ceramic/aesthetic); archwires (beta titanium, nickel titanium, and stainless steel); anchorage appliances (bands & buccal tubes and miniscrews); and ligatures (elastomeric ligatures and wire ligatures). The fixed braces segment is expected to grow at the highest CAGR in the next five years, owing to the low cost (as compared to removable braces), high number of patients having malocclusions and jaw diseases coupled with increased adoption of fixed braces among adolescents.

On the basis of patients, the global orthodontic supplies market is divided into two major categories, namely, children & teenagers; and adults. The children and teenagers patient segment is expected to command the largest share of the global orthodontic supplies market in 2016. This large market share can be attributed to the huge number of patients with malocclusions and jaw disorders in the patient category and increased adoption of fixed braces among adolescent children and teenagers.

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High prevalence of malocclusion and jaw disorders; growing efforts to increase awareness of advanced orthodontic treatments; growing focus of global orthodontic/dental companies on emerging APAC countries; and increasing disposable income in the t region are the key factors propelling the demand for orthodontic supplies products in emerging nations. In order to leverage the high growth opportunities in these emerging nations, leading market players are expanding their presence in these countries.

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North America is expected to be the largest regional segment in the global orthodontic supplies market in 2016, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR from 2016 to 2021. Factors such as huge patient population with malocclusion and jaw disorders; growing efforts to increase awareness of advanced orthodontic treatments; growing focus of global orthodontic/dental companies on emerging APAC countries; and increasing disposable income coupled with growing middle class population in the APAC region are stimulating the growth of the orthodontic supplies market in the Asia-Pacific region.

3M Company (U.S.), Align Technology Inc. (U.S.), Danaher Corporation (U.S.), Henry Schein, Inc. (U.S.), DENTSPLY International, Inc. (U.S.), American Orthodontics (U.S.), Rocky Mountain Orthodontics, Inc. (U.S.), G&H Orthodontics, Inc. (U.S.), Dentaurum GmbH & Co. KG (Germany), and TP Orthodontics, Inc. (U.S.) are some of the key players operating in the global orthodontic supplies market.