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Orthodontic Supplies Market Analysis
- Report ID: GMI2005
- Published Date: Mar 2023
- Report Format: PDF
Orthodontic Supplies Market Analysis
Orthodontic supplies market from removable braces segment accounted for around 70% revenue share in 2022 and is further estimated to depict the highest CAGR in the forecast period. Propelled by strong inclination and adoption of removable braces due to their comfort & convenience, easy cleaning, and ability to prevent tooth wear from grinding, the segment is foreseen to witness considerable growth. Additionally, the popularity of clear aligners is fostering the removable braces segment outlook.
Orthodontic supplies market from the adult patient segment surpassed a valuation of USD 6 billion in 2022 as a result of soaring awareness among people regarding oral health and physical appearance. According to Humana, a non-profit health insurance firm, more than 4 million Americans wear braces, out of which 25% are adults and over 1.2 million American adults receive orthodontic treatment annually, which is primed to play a significant role in segment progress.
North America orthodontic supplies market is slated to reach a valuation of more than USD 39 billion by 2032 attributed to an upsurge in disposable income, a rise in demand for removable braces, and recent equipment advancements. Moreover, the increase in the number of teenagers and adults that need orthodontic treatment is also bolstering regional industry expansion. As per National Center for Health Statistics, the patients aged 18 and above with a dental visit in the U.S. reached 63% of the total population in 2020.
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Orthodontic Supplies Market Scope
