Orthodontic Supplies Market Worth 4.71 Billion USD by 2021
PUNE, India, October 25, 2016 /PRNewswire/ --
According to a new market research 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.
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Browse 110 market data Tables and 33 Figures spread through 159 Pages and in-depth TOC on "Orthodontic Supplies Market"
http://www.marketsandmarkets.com/Market-Reports/orthodontic-supplies-market-236529189.html
Early buyers will receive 10% customization on this report.
The report analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and the Rest of the world (RoW).
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 are further categorized into four orthodontic products, namely, brackets, archwires, anchorage appliances, and ligatures. The brackets segment is further divided on the basis of type (conventional, self-ligating, and lingual) and on basis of the material used (metal/traditional and ceramic/aesthetic). The fixed braces segment is expected to command the largest share in the global orthodontic supplies market in 2016. This large market share can primarily be attributed to the better affordability (as compared to removable braces), and increasing 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.
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.
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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.
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