The global orthodontics market size was valued at US$ 5.99 billion in 2021 and is expected to reach over US$ 21.5 billion by 2030 and poised to grow at a noteworthy CAGR of 15.3% from 2021 to 2030.
The global orthodontics market is primarily driven by the growing prevalence of malocclusion, rising awareness regarding the dental problems, technological advancements in the orthodontic treatments, and surging number of dentists across the globe. Moreover, the rising adoption of advanced software and imaging modalities is resulting in the improved quality of treatment. The rapidly growing geriatric population across the globe is another important factor that is expected to propel the market growth. The old age people are more susceptible to the dental disorders and hence will play a crucial role in the demand for the orthodontic services. The global orthodontics market is significantly driven by the children and teens. The increased prevalence of dental disorders among the teens and children has significant contributions in the orthodontics market growth. Moreover, the rising number of road traffic accidents especially in the developing and underdeveloped markets may have a considerable impact on the demand for the orthodontic treatments. According to the World Health Organization, around 93% of the road traffic accidents occur in the low and middle income countries. The rising awareness regarding the oral hygiene, rising popularity of dental tourism, and increasing concerns regarding the dental aesthetics among the population is driving the market growth.
The orthodontics industry is witnessing a huge demand for the dental aesthetics amongst all age groups. The introduction of the clear aligners have gained rapid traction in the market. The consumers are increasingly preferring the clear aligners over the traditional wire braces owing to the increased comfort and enhanced aesthetics associated with the clear aligners. The rising consumer expenditure on the aesthetic dentistry is exponentially driving the market. According to the American Academy of Cosmetic Dentistry, the average patient spent US$ 5,477 in 2017 in US. This number was US$ 4,116 in 2015. Hence, the rising expenditure of the patients in the cosmetic dentistry is further expected to fuel the growth of the global orthodontics market in the forthcoming future. Moreover, the introduction of advanced technologies like 3D scanners, virtual imaging, IoT, and AI in the orthodontics tools and diagnostic devices have significantly fostered the market growth in the past few years. The rising investments of the top market players in the research and development of advanced orthodontics products and equipment integrated with the advanced technologies like AI, wireless connectivity, and IoT is another factors that is expected to augment the growth of the global orthodontics market.
Scope of the Orthodontics Market
|Market Size||US$ 21.5 Billion by 2030|
|Growth Rate||CAGR of 15.3% from 2021 to 2030.|
|Largest Market||North America|
|Fastest Growing Market||Asia Pacific|
|Forecast Period||2021 to 2030|
|Segments Covered||Product, End User, Region|
|Companies Mentioned||3M Company, Align Technology, Inc., American Orthodontics, Danaher Corporation, Dentaurum GmbH & Co. KG, DENTSPLY International, Inc., G&H Orthodontics, Inc., Henry Schein, Inc., Rocky Mountain Orthodontics, Inc., TP Orthodontics, Inc.|
Product Type Insights
Based on the product type, the supplies segment dominated the global orthodontics market, garnering a market share of more than 95% in 2020. This is attributed to the increased adoption of the technologically advanced dental equipment and techniques in the orthodontics services. Moreover, the rapidly growing penetration of clear or invisible aligners, new product launches, and shifting focus towards the cosmetic dentistry are the crucial factors behind the dominance of this segment across the globe. Moreover, the rising popularity of the clear aligners is expected to have a significant impact on the revenues of the overall orthodontics industry. The rising awareness among the population regarding the advanced orthodontics is expected to fuel the market growth. For instance, in January 2017, the University of Illinois launched a 4 week full-time program at Chicago, on spreading awareness regarding the latest developments and advances in the orthodontics. This segment is expected to retain its importance throughout the forecast period.
End User Insights
Based on the end user, the dental clinics segment dominated the global orthodontics market in 2020. The increase in the number of private dental clinics and practitioners across the globe has exponentially contributed towards the market growth. The presence of well-equipped dental clinics especially in the developed markets like Europe and North America has driven the growth of the orthodontics market in the past few years. According to the American Association of Orthodontists, the number of professional active orthodontists has increased by 15% since the year 2001. Therefore, the growing number of orthodontists across the globe is fostering the growth of the global orthodontics market.
The hospitals segment is expected to grow at a considerable rate during the forecast period. This is due to the rising penetration of hospitals across the globe. Moreover, the improving reimbursement policies regarding the orthodontics procedures and growing number of multi-specialty hospitals across the developing and developed nations is expected to augment the growth of the hospitals segment in the upcoming future.
North America was the dominating orthodontics market in 2020. The presence of developed healthcare infrastructure, increased adoption of advanced technologies in the orthodontic clinics, and increased awareness among the consumers regarding the aesthetic orthodontics are the major driving forces. Moreover, the presence of adequate number of dentists and orthodontists in region are supporting the market growth. According to the American Dental Association, there were around 10,568 active orthodontists in US by the end of 2017. The rapidly growing geriatric population in US is another factor that can be held responsible for the market growth in the region. According to the Rural Health Information Hub, there are over 46 million geriatric people living in US and this number is expected to reach at around 90 million by 2050.
Asia Pacific is estimated to be the most opportunistic segment during the forecast period. Asia Pacific is characterized by the presence of huge youth population. Moreover, the rising number of children and geriatric population in the region is expected to significantly drive the orthodontics market in Asia Pacific. The growing prevalence of dental malocclusions, rising number of private dental clinics, and rising adoption of advanced equipment are expected to positively impact the market growth. The prevalence of malocclusions is estimated to range from 20% to 43% in India. The prevalence of malocclusions in China was around 45% among the pre-school children in China from 1988 to 2017, as per the studies. This is a major factors behind the growth of the market.
Key Market Developments
The key developmental strategies such as partnerships, acquisition, and agreement significantly influences the market. These strategies are undertaken to exploit the prevailing market opportunities, gain market share, and create new growth avenues in the orthodontics market.
Some of the prominent players in the global orthodontics market include:
By Product Type
By End User
By Age Group
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