The Global Orthodontic Brackets Market growth is driven by Rising prevalence of malocclusion
The global orthodontic brackets market involves various orthodontic brackets that are used for teeth alignment purposes. Orthodontic brackets are usually small slotted attachments that are bonded to the front side of the teeth. They come in different types such as conventional brackets, self-ligating brackets, and lingual brackets. Conventional brackets require elastic ligatures such as thin elastic or metal wires to hold the archwire in place. Self-ligating brackets have a clip mechanism that holds the archwire securely in place without ligatures, thereby gaining popularity among orthodontists. Lingual brackets are placed on the back side of the teeth for aesthetic appeal. Brackets help in gradually moving teeth positions with attached archwires over a period of treatment. The global orthodontic brackets market is driven by the rising prevalence of malocclusion along with growing consciousness among individuals towards dental aesthetics.
The Global Orthodontic Brackets Market is estimated to be valued at US$ 2.10 BN in 2024 and is expected to exhibit a CAGR of 7.4% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Global Orthodontic Brackets Market Size are Medesy International, American Orthodontics, Metro orthodontics, 3M, TP Orthodontics, Inc., Dentsply Sirona, Ormco Corporation. , G&H Orthodontics, Forestadent, Rocky Mountain Orthodontics, Leone S.p.A, DENTAURUM GmbH & Co. KG, Adenta GmbH, Orthosystems. Key players are focusing on developing innovative product portfolio along with engaging in mergers & acquisitions to strengthen their market presence.
The global orthodontic brackets market is witnessing rising demand owing to increasing awareness about dental aesthetics along with malocclusion prevalence. With improving economic conditions, greater affordability, and higher spending capacities, people are increasingly spending on healthcare and dental treatments.
Manufacturers are expanding their global presence by strengthening distribution networks across developing markets to tap growth opportunities. Favorable government initiatives for public health programs are further boosting the installation of orthodontic equipment in developing nations.
Market Drivers
The global orthodontic brackets market growth is predominantly driven by rising prevalence of malocclusion. Malocclusion refers to misalignment or incorrect bites between the teeth. It remains one of the most common dental problems affecting nearly 60-75% of the population. In addition, increasing consciousness regarding dental aesthetics among individuals is augmenting the adoption of orthodontic treatments to straighten teeth positions. Other factors such as favorable reimbursement and insurance coverage for orthodontic treatments, development of advanced orthodontic equipment, and adoption of minimally invasive techniques by orthodontists are contributing to the market expansion over the forecast period.
Impact of geopolitical situation on the Global Orthodontic Brackets Market growth
The global orthodontic brackets market is facing many challenges owing to the ongoing geopolitical uncertainties and conflicts across major regions. Restrictions on the import and export of orthodontic products due to trade wars and sanctions have disrupted global supply chains. Additionally, currency fluctuations have negatively impacted manufacturing and distribution costs.The pandemic has further exacerbated the situation by causing lockdowns and factory shutdowns in China, India and other major manufacturing hubs. This created severe supply shortages in 2020-21 which slowed down market expansion.
Going forward, for sustained growth, manufacturers will need to diversify their sourcing bases and establish localized production facilities across regions to minimize disruptions. Suppliers also require flexibility in procurement and logistics to tackle uncertainties better. Regional trade alliances can help restore normalcy by facilitating seamless cross-border movement of goods. Overall, stability in international relationships and policies will be critical for orthodontic brackets companies to plan long-term strategies and thrive in this scenario.
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