Orthodontic Supplies Market surge to hit USD 7 bn by 2024

Ocean View, DE -- (SBWire) -- 12/19/2018 --Global Orthodontic Supplies Market is set to exceed USD 7 billion by 2024; according to a new research study published by Global Market Insights, Inc.

Increasing number of people with malocclusion cases across the world will have crucial impact on boosting the orthodontic supplies market in the forthcoming years. Malocclusion or misaligned teeth affects around 60% to 75% of the global population. Malocclusion showed third highest prevalence in oral pathologies globally, just behind dental carries and periodontal diseases. This increasing prevalence of malocclusion cases across the world will increase the demand for orthodontic treatment thus, propelling the business growth.

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Removable braces dominated the orthodontic supplies market with over USD 2.2 billion in 2017. The removable braces are preferred more and adopted at larger extent as they provide comfort and convenience resulting in stimulating the segment size at a considerable rate. Also, developing reimbursement policies and healthcare insurance with respect to use removable braces will garner more segment revenue in upcoming years.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
- Dentaurum USA
- G&H Orthodontics®
- TP Orthodontics, Inc.
- 3Shape
- Danaher Corporation
- Dentsply Sirona
- Henry Schein
- Align Technology
- American Orthodontics
- Ultradent Products, Inc.
- A-dec Inc.

Fixed braces business segment is expected to show lucrative growth with 8.9% CAGR during the forecast timeframe. Extended use of fixed braces to treat orthodontic disorders such as malocclusion and chronic dental conditions will influence the growth of fixed braces business segment market.

Adult business segment will witness over 9% CAGR over the forecast timeframe. There has been considerable increase in the number of adults undergoing orthodontic treatment such as malocclusions owing to increase in disposable income and rise in awareness regarding oral healthcare.

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U.S. orthodontic supplies market was valued over USD 1.5 billion in 2017 and is anticipated to dominate the regional share throughout the forecast period. Rise in number of teens and adults that demand for orthodontic treatment will drive the orthodontic supplies market growth. Furthermore, technological advancements and favorable reimbursement scenarios for orthodontic products will positively impact the U.S. orthodontic market size.

Japan orthodontic supplies market is projected to witness 10.2% CAGR owing to increase in disposable income of people and increasing awareness towards oral health. In addition to this, rising incidence of dental caries in adults and growing preference for orthodontic treatment will propel the market size.

Orthodontic Supplies Market by Product
- Fixed Braces
- Brackets
- Archwires
- Ligatures
- Anchorage appliances
- Removable Braces
- Orthodontic Braces