GLOBAL ORTHODONTIC BRACKETS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In September 2023, Ormco Corporation, a medical device company, launched Ormco Digital Bonding (OBD). Doctors can improve their daily routine and get personalized bracket positioning by combining Damon Ultima brackets and Spark Approver Software.
• In August 2023, LightForce Orthodontics, the makers of the world's first fully individualized 3D printed braces system, announced a USD 80 million Series D funding round led by Ally Bridge Group, a global healthcare investment management firm. LightForce Orthodontics will use the funding to promote its aim of empowering orthodontists to provide personalized treatment with custom 3D printed brackets by expanding manufacturing with a new facility, extending the use of artificial intelligence (AI) in its workflows and investing in education.
• In April 2023, SprintRay Inc., a digital dentistry industry leader, announced a partnership with Braces On Demand, an online platform for in-office printing of orthodontic fixed appliances. The partnership will provide automated, end-to-end 3D printing solutions for orthodontic practices, thus improving patient treatment times and productivity.
• In July 2020, the American Association of Orthodontists supported the specialty by investing in patient care innovations through its innovation and transformation fund. The fund, which can be used to develop new products and services for orthodontists and patients through creating, partnering, or investing, made its second investment of USD 50,000 in KLOwen Custom Braces System, an in-office, same-day custom bracket solution that improves doctor efficiency.