Global Orthodontic Services Market
The Global Orthodontic Services Market was valued at USD 6.11 billion in 2021 and is expected to reach USD 22.62 billion by 2027, at a CAGR 19.60% from 2022-2027.Orthodontic services are defined as a dentistry specialty which addresses the diagnosis, management, prevention, and correction of mal-positioned teeth & jaws, and misaligned bite patterns. It also addresses the modification of facial growth, known as dentofacial orthopaedics. These services are used to treat irregular teeth & teeth that do not fit together correctly which are harder to keep clean that are at risk of loss early due to periodontal disease.
Market Drivers
Rising prevalence of malocclusion across the globe is considered as a driving factor which is expected to boost the global orthodontic services market growth. Also, continuous technological advancements such as dental imaging & robotics in orthodontic services is projected to significantly drive the market growth during this forecast period 2027.Additionally, the surge in dental laboratories outsourcing orthodontic products in developing economies is expected to propel the market growth during the forecast period.
Market Restraints
High cost of service is the major restraining factor which is expected to obstruct the orthodontic services market growth. The cost of treatment differs depending on the length and type of treatment, and accessibility of dental insurance.Also, the complications associated with orthodontic devices is expected to restrain the market growth. Further, lack of awareness about dental care can hamper the market growth.
Market Segmentation
The Global Orthodontic Services Market is segmented into types such as fixed orthodontic services, and removable orthodontic services. Further, the market is segmented into end users such as Hospitals, and Dental Clinics.Regional Analysis
The Global Orthodontic Services Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.The North American region is projected to have the largest market and dominating orthodontics market in 2021. The presence of developed healthcare infrastructure, rising adoption of advanced technologies in the orthodontic clinics, and growing awareness among the consumers regarding the aesthetic orthodontics are the major driving forces driving the market in the region.
Key Players
Various key players are discussed into the Global Orthodontic Services Market Report including: Abano Healthcare, Coast Dental, Integrated Dental, Q and M Dental Group, Apollo White Dental, Crescent Dental Laboratory, Chenghe Dental Clinic, C.K.J Professional Dental, Dalian Meier Dental, TP Orthodontics, Inc., and Others.For instance, in March 2020, Align Technology, Inc., had signed a partnership agreement to acquire a leading dental CAD/CAM software company, Global Holdings GmbH.
Market Taxonomy
By Type
- Fixed Orthodontic Services
- Removable orthodontic services
By End Users
- Hospitals
- Dental Clinics
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Contents
1 Introduction
2 Research Methodology
4 Global Orthodontic Services Market Outlook
5 Global Orthodontic Services Market, By Type
6 Global Orthodontic Services Market, By End Users
7 Global Orthodontic Services Market, By Region
8 North America Orthodontic Services Market Analysis and Forecast (2022 - 2027)
9 Europe Orthodontic Services Market Analysis and Forecast (2022 - 2027)
10 Asia Pacific Orthodontic Services Market Analysis and Forecast (2022 - 2027)
11 Latin America Orthodontic Services Market Analysis and Forecast (2022 - 2027)
12 Middle East Orthodontic Services Market Analysis and Forecast (2022 - 2027)
13 Competitive Analysis
14 Company Profiles
Companies Mentioned
- Abano Healthcare
- Coast Dental
- Integrated Dental
- Q and M Dental Group
- Apollo White Dental
- Crescent Dental Laboratory
- Chenghe Dental Clinic
- C.K.J Professional Dental
- Dalian Meier Dental
- TP Orthodontics Inc.