ORTHODONTICS MARKET ANALYSIS

Orthodontics MarketSize and Trends

The global orthodontics market was valued at US$ 5.23 Billion in 2022 and is forecast to reach a value of US$ 8.95 Billion by 2030 at a CAGR of 6.94% between 2023 and 2030. The global orthodontics market is experiencing strong growth due to the rise in prevalence of malocclusion and increasing awareness among the population about orthodontics.

Global Orthodontics Market Trends:

Rise in focus on dental care is a recent trend

Proper oral hygiene is essential for healthy teeth and gums. The goal of oral health education is to improve knowledge, which may lead to adoption of favorable oral health behaviors that contribute to better oral health. The U.S. Centers for Disease Control and Prevention (CDC) supports states in their efforts to reduce oral disease and improve oral health by using effective interventions. The CDC also provide state or territorial health departments with funding, guidance, and assistance to monitor oral health and to implement and evaluate oral health interventions. This trend is expected to continue over the forecast period, driving the market growth.

Rising use of 3D printing is another trend

3D printing has provided more advantages over the traditional workflow process by enabling direct printing of scanned computer-aided designing (CAD) files of the patient’s oral configuration. 3D printing is being used by dental companies focused upon advanced orthodontic treatments. Major companies, such as EnvisionTEC, Align Technology, Inc., and Stratasys, Ltd., among others have also invested in 3D printers, as they offer various advantages, such as the unification of workflows and ease of treatment dissemination, compared to the traditional ones. This trend is also expected to continue over the forecast period, driving the market growth.