Albany, NY -- (SBWIRE) -- 10/08/2020 -- Orthodontic Supplies Market: Introduction
Orthodontics, a branch of dentistry, majorly deals with the treatment of malocclusion, a condition characterized by improper positioning of the teeth and jaws
These products are employed to close the unsightly gaps, abnormal bite patterns, and enable teeth straightening
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Different types of fixed and removable appliances aid in muscle retention, teeth movement, and impact the growth of the jaws
Braces, special fixed appliances, and fixed space maintainers, among others, represent some of the fixed orthodontic products, while aligners, removable retainers, palatal expander, etc., constitute some of the removable appliances
There are three types of malocclusions: Class I, Class II, and Class III. Class I is more prevalent than other types.
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Key Drivers and Restraints of Global Orthodontic Supplies Market
Increasing number of patients suffering from malocclusions, tooth decay, jaw pain, and other jaw diseases worldwide are fueling the demand for orthodontic supplies. For instance, misaligned teeth or malocclusion affects around 60% to 75% of the global population; it has the third highest prevalence rate in oral pathologies globally.
Rising awareness about the benefits of orthodontics treatment, along with consistent product modifications ensuring better performance and efficiency will further support the demand for these devices in the near future
Growing demand for invisible braces among teenagers and adults, along with rising adoption of orthodontic treatments in emerging markets are creating growth opportunities for the global orthodontic supplies market
In several countries, orthodontic treatments have unfavorable reimbursement policies and limited insurance coverage, which is hampering the growth of the orthodontic supplies market. As per the data enumerated in Indian Journal of Dental Research 2011, in India, medical insurance companies covered less than 50% of the costs of major dental care procedures, such as orthodontics, restorative care, and periodontics.
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North America to Lead Global Orthodontic Supplies Market
The global orthodontic supplies market is dominated by North America, owing to the presence of major market players, and improvements in reimbursement policies in the region
Expansion of this market in Europe can be ascribed to technological advancements and rising investments in research and development
Asia Pacific is projected to be the rapidly growing region for orthodontic supplies. The region is witnessing considerable increase in the number of population with untreated orthodontic problems. Prevalence of malocclusion cases in Asia Pacific region is more than 50% of the total population.
The orthodontic supplies market in rest of the world is anticipated to grow gradually
Key Manufacturers Operating in Global Market
3M Unitek
Align Technology, Inc.
American Orthodontics
ClearCorrect, LLC (Institut Straumann AG)
DENTAURUM GmbH & Co. KG
DB Orthodontics Ltd
Dentsply Sirona, Inc.
G&H Orthodontics, Inc.
Great Lakes Dental Technologies
Ormco Corporation
Rocky Mountain Orthodontics
TP Orthodontics, Inc.
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