/PRNewswire/ The "Orthodontic Consumables Market Research Report by Product, by Patient, by Equipment, by End User, by Region - Global Forecast to 2027 -.
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Global Orthodontic Supplies Market to Reach $8.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Orthodontic Supplies estimated at US$5.4 Billion in the year 2020, is projected to reach a revised size of US$8.2 Billion by 2026, growing at a CAGR of 7.4% over the analysis period.
Fixed Braces, one of the segments analyzed in the report, is projected to grow at a 5.4% CAGR to reach US$3.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Removable Braces segment is readjusted to a revised 10% CAGR for the next 7-year period. This segment currently accounts for a 40.5% share of the global Orthodontic Supplies market.
Global Orthodontic Supplies Market to Reach $8.2 Billion by 2026
Orthodontic supplies are used to move existing teeth into a better position, either for aesthetic or functional purposes. Orthodontic treatments usually comprise of devices such as traditional braces, self-ligating brackets, ceramic wires and brackets, lingual brackets, clear aligners, retainers, orthodontic expanders and orthodontic headgears. Known to be quite expensive as well as superiorly aesthetic, all these particular categories are used depending on the severity of the malocclusion. Majority of these supplies (materials) are for one-time use. Increasing awareness among people about advanced orthodontic treatments and the development of advanced orthodontic products promising better outcomes are driving demand for orthodontic supplies. Steady pace of technology advancements over the years has been and will continue to be a major growth influencing factor in the orthodontic supplies market. Driven by these ad
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SELBYVILLE, Del., Jan. 14, 2021 /PRNewswire/ According to latest report Orthodontic Supplies Market by Product (Fixed Braces, Removable Braces, Orthodontic Adhesives), Patient (Children & Teenagers, Adults), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2026 , by Global Market Insights, Inc., the market valuation of orthodontic supplies will cross $10.5 billion by 2026.
Major orthodontic supplies market players include Astar Orthodontics Inc., 3M, Align Technology Inc., American Orthodontics Inc., DB Orthodontics Ltd, Dental Morelli Ltd., G&H Orthodontics Inc and Rocky Mountain Orthodontics.
Rise in disposable income in North America will stimulate the market growth. The consistent improvement in the economy of North America has increased disposable income in the past few years. According to a published study by the National Center for Biotechnology Information (NCBI), per capita dental care expenditure for the overall U.S. populatio