Global Orthodontic Supplies Market Size (2024 - 2029)

Orthodontic Supplies Market Analysis

The orthodontic supplies Market is expected to grow at a significant CAGR of 7.5% during the study period, 2022-2027.

The COVID-19 pandemic has adversely affected the global orthodontic supplies market in 2020. In addition, the dental visits were postponed for at least a one-month period for patients with SARS infection. For instance, according to the study conducted in Brazil in May 2020, 395 orthodontists responded to an online poll, 66.8% were solely dealing with emergencies, while 14.2% shuttered their operations due to the COVID-19 outbreak. Contrarily, just 19% of orthodontists offered regular orthodontic appointments. Thus, the decreasing hospital visits and shutting down of the clinics have negatively impacted the orthodontic supplies market during the pandemic. According to an article published by the Journal of the World Federation of Orthodontists, in October 2020, it has been found that 27.3% of the patients were unable to attend their appointments and 69% were unable to get the services, and treatment due to the closure of the dental clinics. Additionally, many of the companies reported a decline in the revenue of their orthodontics supplies segment as well as the decline in customer demand during the first two quarters of 2020. This is due to the government actions and restrictions imposed to limit the spread of COVID-19. Moreover, the end-user demand was affected by the dental association's guidelines to perform only emergency procedures. Hence, the COVID-19 has significant impact on the studied market growth.

The factors propelling the market includes increasing prevalance of orthodontic conditions, surge in technological advancements, and increased awareness of orthodontic procedures.

According to an article published by the Dentistry Journal, in October 2021, malocclusion is considered one of the most serious dental health problems after periodontal disease and caries. In addition, an estimated prevalence rate of malocclusion is between 39% and 93% in children and adolescents. Thus, the rising burden of malocclusion among the population is likely to increase the demand for orthodontics supplies such as braces and aligners, thereby fueling the market growth.

According to an article published by the Journal of Clinical and Diagnostic Research, in May 2021, titled 'Prevalence of Malocclusion and its Relationship with Socio-demographic Factors, Dental Caries and Oral Hygiene Status in 12-15 Years Children of Lucknow City', the study reported that the prevalence rate of malocclusion among the population was found to be 23.1%.

Furthermore, the strategies adopted by key market players such as partnerships and acqusitions is expected to boost the market growth. For instance, in June 2021, Dentsply Sirona acquired the assets of Propel Orthodontics. This acquisition will assist the company to strengthen its position in the fast-growing orthodontics supplies market.

Thus, due to the above-mentioned factors, the studied market is expected to grow during the study period. However, unfavourable reimbursement policies, and risks and complications associated with orthodontic treatments is expected to restarin the market growth during stuyd period.

Orthodontic Supplies Industry Segmentation

As per the scope of the report, orthodontics is a field of dentistry that involves the correction of the improper jaws and teeth to improve the appearance and function of the teeth and jaws. It can also help to take long term health of the teeth, gums, and jaw joints by spreading the biting pressure over the teeth. Earlier orthodontic treatment was associated with teens and children but now many adults are also seeking orthodontic treatment to correct the oral problems in order to enhance oral health and appearance. The Orthodontic Supplies Market is segmented by Product (Fixed Type and Removable Type), Patient (Adults and Children), and Geography (North America, Europe, Asia - Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.