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 Coverage | Details |
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Segments Covered | Product, 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 Profiled | 3M Company, American Orthodontics, Align Technology, Dentaurum & Co. KG, Envista Holdings, G&H Orthodontics, Dentsply Sirona, Rocky Mountain Orthodontics, Henry Schein, and T.P. Orthodontics, |
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.