Orthodontic Supplies Market Size, Share, Industry Trends and Forecast to 2030

Orthodontic Supplies Market Size & CAGR in 2021

The global orthodontic supplies market is expected to have a growth rate of 4.5% CAGR from 2021 to 2025. As a result, the market is anticipated to reach a value of USD 8.9 billion by 2025.

COVID-19 Impact on the Orthodontic Supplies Market

The COVID-19 pandemic significantly impacted the orthodontic supplies market in 2020 and 2021. Due to the closure of dental clinics and restrictions on elective procedures, the demand for orthodontic supplies decreased, leading to a decline in market growth.

However, as restrictions eased and dental clinics reopened, the market started to recover. The need for orthodontic treatments remained high, especially among younger populations, driving the market growth in the latter half of 2021.

Orthodontic Supplies Dynamics

The orthodontic supplies market is driven by factors such as increasing awareness about dental aesthetics, technological advancements in orthodontic products, and the rising prevalence of malocclusion and other dental issues.

Additionally, the growing disposable income and the desire for improved oral health and appearance contribute to the growth of the orthodontic supplies market.

Segments and Related Analysis

By Product Type:

The orthodontic supplies market is segmented into braces, clear aligners, and other orthodontic accessories. Braces dominated the market in 2021, accounting for the largest share due to their widespread use and effectiveness in treating dental issues.

Clear aligners are gaining popularity as they are more aesthetically pleasing and convenient than traditional braces. The clear aligners segment is expected to witness significant growth in the coming years.

By End User:

The orthodontic supplies market caters to dental clinics, hospitals, and orthodontic clinics. Dental clinics hold the largest market share, as they are the primary point of care for orthodontic treatments and services.

Hospitals and orthodontic clinics are also key end users, offering specialized orthodontic services to patients. The increasing number of orthodontic clinics and hospitals further drives market growth.

By Region Analysis

North America:

North America is the largest market for orthodontic supplies, with the United States leading in terms of market share. The region's advanced healthcare infrastructure and high adoption of orthodontic treatments contribute to its dominance in the market.

Europe:

Europe is a significant market for orthodontic supplies, with countries like Germany, the UK, and France contributing to market growth. The region's growing focus on aesthetic dentistry and increasing demand for orthodontic treatments drive market expansion.

Asia Pacific:

The Asia Pacific region is witnessing rapid growth in the orthodontic supplies market due to the increasing disposable income, rising awareness about oral health, and the expanding healthcare sector. Countries like China, Japan, and India drive market growth in the region.

Latin America:

Latin America is an emerging market for orthodontic supplies, with countries like Brazil and Mexico showing significant growth potential. The region's improving healthcare infrastructure and increasing focus on dental aesthetics boost market growth.

Middle East and Africa:

The Middle East and Africa region are experiencing steady growth in the orthodontic supplies market. The rising prevalence of dental issues and the growing number of dental clinics in countries like Saudi Arabia and South Africa contribute to market expansion.

Key Market Players and Competitive Landscape

The orthodontic supplies market is highly competitive, with key players like 3M Company, Align Technology, Inc., and Danaher Corporation leading the market. These companies focus on product innovation, strategic partnerships, and acquisitions to maintain their market position.

Other notable players in the market include Dentsply Sirona, Inc., Henry Schein, Inc., and TP Orthodontics, Inc. The competitive landscape is characterized by intense competition, product diversification, and technological advancements.

Recent Happenings in the Orthodontic Supplies Market

- In April 2021, Align Technology, Inc. launched its new Invisalign Stickables, a customizable solution for orthodontic treatment.

- In September 2021, 3M Company introduced its new Clarity ADVANCED ceramic brackets for orthodontic treatment, offering enhanced performance and aesthetics.

- In January 2022, Danaher Corporation announced the acquisition of an orthodontic supplies company to expand its product portfolio and global reach in the market.

- In March 2022, Dentsply Sirona, Inc. collaborated with a leading dental technology company to develop a new range of orthodontic supplies for improved patient care.