Orthodontic Market size was valued at USD 8.97 Billion in 2023 and the total Orthodontic revenue is expected to grow at a CAGR of 17.8% from 2024 to 2030
Orthodontic Market Overview:
This Orthodontic market study looks at current and emerging industry trends and dynamics in the global Orthodontic market. Orthodontic Extensive market forecasting for the major market segments is carried out between 2024 and 2030. Extensive Orthodontic market analysis is carried out by closely monitoring key product positions and the main competitors in the market framework. To understand the competitive landscape of the worldwide Orthodontic market, key players are profiled and their strategies are thoroughly evaluated.
Market Scope:
The analysis contains a current examination of the present Orthodontic market landscape, as well as the most recent trends and drivers, as well as an overview of the entire Orthodontic market environment. Increased demand for Orthodontic is driving the market. The Orthodontic market research examines the technology, end-user, and type categories, among other things, as well as the geographical landscape.
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Segmentation:
The segment that held the largest market share and dominated the global orthodontic market based on End Users was Dental Clinics & Dental Laboratories. By 2029, the segment is expected to grow at a compound annual growth rate (CAGR) of 17.2% and hold the highest market share of over 60%. The segment's growth was primarily driven by the increasing number of dental facilities worldwide and the widespread use of aesthetic dentistry by both small and large-scale dental offices. Additionally, the market growth was anticipated to be aided by the growing number of dental clinics, especially in developed nations.
Key Players:
The market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide market potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the market's major influencing factors, as well as complete company profiles of
1. 3M Company
2. Align Technology Inc.
3. Danaher Corporation
4. Dentsply Sirona Inc.
5. G&H Orthodontics, Inc.
6. Great Lakes Orthodontics, Ltd.
7. Henry Schein, Inc.
8. Rocky Mountain Orthodontics, Inc.
9. Straumann Group
10. TP Orthodontics, Inc.
11. American Orthodontics Corporation
12. DB Orthodontics Ltd.
13. Dentaurum GmbH & Co. KG
14. FORESTADENT Bernhard Foerster GmbH
15. Ormco Corporation
Regional Analysis:
Individual market influencing variables and changes in market laws that impact present and future market trends are also included in the regional segment of the Orthodontic market study. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are just a few of the indicators utilized to anticipate market scenarios for various industries. When examining projection data for the region, the existence and availability of global players, as well as the obstacles they face as a result of substantial or low to none competition from local and domestic brands, are all taken into account.
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COVID-19 Impact Analysis on Orthodontic Market:
The COVID-19 epidemic has had a significant impact on the global Orthodontic industry. Orthodontic Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Orthodontic market to decelerate in 2020. The negative impact of COVID-19 on the Orthodontic market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2023, owing to increased demand for Orthodontic.
Key Questions Answered in the Orthodontic Market Report are:
Which segment was responsible for the largest share in the Orthodontic market?
How was the competitive scenario of the Orthodontic market in 2023?
Which are the key factors responsible for the Orthodontic market growth?
Which region held the maximum share in the Orthodontic market in 2023?