Orthodontic Supplies Market to Reach $5.9 Billion by 2023: P&S Market Research


NEW YORK, Aug. 02, 2017 (GLOBE NEWSWIRE) -- According to a new market research report “Orthodontic Supplies Market by Product (Fixed Braces, Removable Braces, Orthodontic Adhesives), by End User (Children & Teenagers, Adults) Global Market Size, Share, Development, Growth and Demand Forecast, 2013-2023” published by P&S Market Research, the orthodontic supplies market is expected to grow at a CAGR of 8.3% during 2017 - 2023.

According to the study, the global orthodontic supplies market is likely to grow from $3.4 billion in 2016 to $5.9 billion by 2023. The demand for orthodontic supplies is on a surge mainly due to increasing prevalence of oral diseases. Some of the most common oral diseases include dental cavities, periodontal diseases, oral cancer, malocclusions and other oral diseases and disorders. High prevalence of oral diseases depicts increased demand for orthodontic supplies. According to the World Health Organization (WHO), around 60% to 90% of the school children and nearly 100% of adults suffer from dental cavities. It has also been observed that, around 15% to 20% of adults aged between 35 to 44 years, suffer from severe periodontal (gum) disease.

Explore Detailed Summary on Orthodontic Supplies Market at: https://www.psmarketresearch.com/market-analysis/orthodontic-supplies-market

As per the findings of the research, based on product, the fixed braces held the largest share in the global orthodontic supplies market, primarily due to their efficacy and precision in treating the irregularities in dental structure. Removable braces are expected to register the fastest growth in the orthodontics supplies market during the forecast period. The growth of the removable braces is primarily attributable to increase in the adoption of these braces by adults over traditional braces. Based on end user, children & teenagers are the larger end user in the orthodontic supplies market. Orthodontic treatments are more effective and successful in childhood or teenage as treatment at early age also prevents the development of serious problems, thereby leading to the larger adoption of orthodontic supplies at this age. The orthodontic supplies market for adults is expected to witness higher growth during the forecast period, mainly due to the increasing investment for the development of aesthetic braces and rising awareness about orthodontic treatment.

Geographically, North America has been the largest market for orthodontic supplies, with the U.S. being the larger contributor to the regional market, as compared to Canada. The dominant position of the North American orthodontic supplies market is mainly attributable to high prevalence of dental disorders, along with the increasing urge in the people to look better, aesthetically. According to the Centers for Disease Control and Prevention (CDC), 31.6% adults aged 20-44 years have untreated dental caries. Also, according to the American Academy of Cosmetic Dentistry (AACD), around 86% of the patients underwent dentistry treatment to improve physical attractiveness and self-esteem, in 2015.

According to the reports of an independent study of American Academy of Cosmetic Dentistry (AACD), 86% of the patients underwent cosmetic orthodontics treatment to improve physical attractiveness and increased self-esteem in 2015.

Therefore, the increasing prevalence of inclination towards the appearance has made the adoption of cosmetic orthodontics a trend in the global orthodontic supplies market.

Make Enquiry Before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry-url=orthodontic-supplies-market

Market players in the orthodontic supplies market are offering more advanced orthodontic supplies through increased number of acquisitions and product launches as their key strategies. In February 2017, Align technology, Inc. acquired Invisalign distributor Align Technology Do Brasil LTDA for the Brazil market. This acquisition helped the company to focus on the commercial, marketing and operational needs of doctors and potential patients in Brazil.

Some of the other key players operating in the orthodontics supplies market include 3M Company, Danaher Corporation, G&H Orthodontics Inc., American Orthodontics, TP Orthodontics Inc., Rocky Mountain Orthodontics, Dentaurum GmbH & Co. Kg and DB Orthodontics Inc.

Related Research

Image Guided Surgery Devices Market

The increasing demand and penetration of image guided surgery devices in emerging economies offers enormous growth opportunities for the global image guided surgery devices market. With rising economic growth and increasing government initiatives in Asia-Pacific, the major manufacturers of image guided surgery devices are penetrating into the untapped market in the region.

https://www.psmarketresearch.com/market-analysis/image-guided-surgery-devices-market

Auto-Injectors Market

The increasing demand and penetration of auto-injectors in emerging economies offers enormous growth opportunities for the global auto-injectors market. With high economic growth and increasing government initiatives in Asia-Pacific, the major auto-injectors manufacturers are penetrating into the untapped market in the region.

https://www.psmarketresearch.com/market-analysis/auto-injectors-market

HIV Diagnosis Market

According to the data published by the Joint United Nations Programme on HIV/AIDS (UNAIDS), the prevalence of HIV/AIDS increased by 2.8 million from year 2011 to 2015, reaching approximately 36.7 million HIV positive people globally. The increasing incidence of the HIV/AIDS would mean more number of people taking the HIV/AIDS diagnosis tests in the future, thereby driving the growth in global HIV diagnosis market.

https://www.psmarketresearch.com/market-analysis/hiv-diagnosis-market

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Contact:
Kundan Kumar
Manager – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

Connect with us: LinkedIn | Twitter | Google + | Facebook