Complete Overview of Orthodontic Equipment and Consumables Market Segments Worldwide till 2020


Posted January 10, 2017 by hawerr

Global orthodontic equipment and consumables market was valued at USD 6.1 billion in 2013 and is expected to grow at a CAGR of 8.8% from 2014 to 2020, to reach an estimated value of USD 11.0 billion in 2020.

 
Dental treatment for correcting and preventing irregularities in the alignment of teeth with the help of braces is referred as orthodontics. Dental orthopedics, cosmetic orthodontics and aesthetic orthodontics are the other terms that are used interchangeably for orthodontics. Perpetually rising awareness about orthodontic treatments and related benefits coupled with rapidly advancing technology such as lingual and tooth colored braces are stimulating the growth of the global orthodontic equipment and consumables market. This report covers the market analysis of various equipment and consumables used in orthodontic treatment.

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The heavily consolidated global orthodontics equipment and consumables market is dominated by Danaher Corporation, DENTSPLY International Inc., and Patterson Companies Inc. Apart from the aforementioned market leaders, A-Dec Inc., Midmark Corporation, Ultradent Products Inc., 3Shape A/S, Zimmer Holdings Inc., and Sirona Dental Systems Inc. are among the key manufacturers of orthodontic equipment and consumables.

On the basis of type, the global orthodontic equipment and consumables market is segmented into orthodontic equipment and orthodontic consumables. The equipment used in the global orthodontic equipment and consumables market includes dental lasers, scaling units, light cure, dental chairs, handpieces, dental radiology, and CAD/CAM systems. Some of the major consumables used in the global orthodontic equipment and consumables market are archwires, brackets, ligatures, and anchorage appliances.

In 2013, the segment of orthodontic consumables held the largest share in the global orthodontic equipment and consumables market due to technological advancements and rising preference for cosmetic dentistry. The dental radiology orthodontic equipment segment led the global orthodontic equipment and consumables market in 2013 in terms of revenue. This segment benefits from the introduction of advanced digital radiology and the high cost of the equipment, which allows for a high per-unit profit margin.

The orthodontic consumables segment is projected to register the highest CAGR during the forecast period. Among the various consumables, self-ligating brackets are expected to observe steady growth during the forecast period. Region-wise, the global orthodontic equipment and consumables market is classified into Asia Pacific, Europe, North America, and Rest of the World. Presently, Europe and North America collectively form the largest regional market in the global orthodontic equipment and consumables market. These regions benefit from factors such as the high disposable income, elevated awareness of consumers regarding orthodontic treatments, improved reimbursement coverage, and availability of advanced technology. Moreover, the wide distribution networks and the rising efforts by orthodontic organizations to promote these treatments in these regions will also support the growth of the regional markets.

Read the Current Market Analysis of Orthodontic Equipment and Consumables at: http://www.transparencymarketresearch.com/dental-orthodontic-supplies.html

On the other hand, Asia Pacific is expected to witness the highest growth rate during the forecast period due to the presence of emerging economies such as India and China. Factors driving this regional market are the rising healthcare expenditure, increasing awareness about orthodontic treatments, and availability of skilled orthodontists and innovative technologies.

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Issued By Transparency Market Research
Country United States
Categories Health , Medical , Technology
Tags orthodontic equipment and consumables , orthodontic equipment and consumables market
Last Updated January 10, 2017