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Orthodontic Product Market Size

Report ID: FBI 2419

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Published Date: May-2024

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Format : PDF, Excel

Market Outlook:

Orthodontic Product Market size exceeded USD 3.49 Billion in 2023 and is anticipated to cross USD 8.57 Billion by end of the year 2032, observing around 10.5% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 3.49 Billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

10.5%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 8.57 Billion

19-23 x.x %
24-32 x.x %
Orthodontic Product Market

Historical Data Period

2019-2023

Orthodontic Product Market

Largest Region

Asia Pacific

Orthodontic Product Market

Forecast Period

2024-2032

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Market Dynamics:

Growth Drivers & Opportunity:

1. Increasing prevalence of malocclusion and other dental conditions: As the global population continues to grow, the prevalence of malocclusion and other dental conditions is also increasing, driving the demand for orthodontic products.

2. Technological advancements in orthodontic products: Technological advancements such as 3D printing, digital imaging, and CAD/CAM systems have led to the development of more efficient and customized orthodontic products, driving market growth.

3. Growing awareness and demand for cosmetic dentistry: With the increasing focus on aesthetics and appearance, there is a growing demand for orthodontic products for cosmetic dentistry purposes, fueling market growth.

4. Increasing disposable income and healthcare expenditure: Rising disposable income and increasing healthcare expenditure in emerging markets are contributing to the growth of the orthodontic product market, as more individuals are able to afford orthodontic treatments.

Industry

Report Scope

Report CoverageDetails
Segments CoveredProduct, Application
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled3M Company, American Orthodontics, Align Technology, Dentaurum & Co. KG, Envista Holdings, G&H Orthodontics, Dentsply Sirona, Rocky Mountain Orthodontics, Henry Schein, and T.P. Orthodontics,

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1. High cost of orthodontic treatments: The high cost of orthodontic treatments and products can be a major restraint for market growth, especially in emerging and low-income markets.

2. Limited reimbursement for orthodontic procedures: Limited or inadequate reimbursement for orthodontic procedures by insurance companies and government healthcare programs can discourage individuals from seeking orthodontic treatments, impacting market growth.

3. Long treatment duration and patient compliance: Orthodontic treatments often require a long duration and strict patient compliance, which can be challenging for some individuals, leading to slower market growth.

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Orthodontic Product Market Size & Share, By Produc...

RD Code : 24