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Asia-Pacific Orthodontics Market to be Worth $8.21 Billion by 2030
Meticulous Research®—a leading global market research company, published a research report titled, ‘Asia-Pacific Orthodontics Market by Product (Clear Aligners, Fixed Braces {Brackets, Wires [Nickel, Titanium], Anchorage, Ligatures}, Bonding, Adhesives, Springs, Tubes, Bands), Patient (Teen, Adult), and End User (Hospital, Clinics, Research) - Forecast to 2030.’Download Free sample Report here: https://www.meticulousresearch.com/download-sample-report/cp_id=4978?utm_source=article&utm_medium=social+&utm_campaign=product&utm_content=14-02-2024
According to this latest publication from Meticulous Research®, the Asia-Pacific orthodontics market is projected to reach $8.21 billion by 2030, at a CAGR of 17.2% during the forecast period. The growth of the Asia-Pacific orthodontics market is mainly attributed to the high prevalence of malocclusion, growing demand for cosmetic dentistry, an increasing number of dentists, and rising awareness regarding advanced orthodontic treatment. In addition, the considerable growth in emerging countries such as China and India and growing dental tourism are expected to offer better growth opportunities for market expansion. However, the limited reimbursement policies are expected to restrain the growth of this market to some extent.
Key Players
The key players profiled in the Asia-Pacific Orthodontics market are Align Technology, Inc. (U.S.), Institut Straumann AG (Switzerland), Henry Schein, Inc. (U.S.), 3M Company (U.S.), DENTSPLY SIRONA Inc. (U.S.), DENTRUM GmbH & Co.KG (Germany), Koden Inc. (U.S.), Angelalign Technology Inc. (China), SmileDirectClub, Inc. (U.S.), Tomy International, Inc. (U.S.), Ultradent Products, Inc. (U.S.), G&H Orthodontics (U.S.), and TP Orthodontics, Inc. (U.S.).
Asia-Pacific Orthodontics Market: Future Outlook
The Asia-Pacific orthodontics market is segmented by Product [Removable Braces {Clear Aligners, Retainers}, Fixed braces {Brackets (Metal Brackets, Aesthetic Brackets), Archwires (Stainless Steel, Nickel Titanium, Beta Titanium, and Others), Anchorage Appliances, Ligatures}, Other Orthodontic Products {Bands & Buccal Tubes, Bonding & Adhesives, Wire Accessories & Springs, and Other Accessories}], Patient type [Children & Teen, Adults], End User [Dental Clinics & Hospitals, Dental Laboratories, Research Institutes], and Country. The study also evaluates industry competitors and analyzes their market share at the country level.
Among all the product types studied in the report, in 2023, the removable braces segment is expected to account for the largest share of the Asia-Pacific orthodontics market. The large market share of this segment is attributed to the high prevalence of malocclusion and the growing demand for customized clear aligners in adults and children/teens for orthodontic treatment, the growing focus on cosmetic dental look in majority of the SEA countries, the influence of K-pop culture in countries like Japan and South Korea, and increasing rate of dental tourism in South Korea, India, and other APAC countries.
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Among all the patient types studied in the report, in 2023, the adult segment is expected to account for the largest share of the Asia-Pacific orthodontics market. The large market share of this segment is attributed to the increasing focus on dental aesthetics to boost self-esteem, the high adoption of clear aligners for dental orthodontic treatments, and the growing demand for aesthetic dentistry.
Among all the end users studied in the report, in 2023, the dental clinics & hospitals segment is expected to account for the largest share of the Asia-Pacific orthodontics market. Factors contributing to the large market share of this segment include the increased promotional activities for clear aligners through dental clinics and hospitals, emerging chains of dental clinics such as DSOs, and the high adoption of new, advanced technologies for orthodontic procedures by clinics & hospitals.
Among all the countries studied in the report, in 2023, China is expected to account for the largest share of the Asia-Pacific orthodontics market. Factors such as rising out-of-pocket expenditures for orthodontic treatments, high disposable incomes, increasing government initiatives, trends of aesthetic appearance in teen and adolescent populations, and dental hygiene awareness contribute to the large share of this market.
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Key questions answered in the report:
- What are the high-growth market segments regarding product, patient type, end user, and country?
- What was the historical market for the Asia-Pacific orthodontics market?
- What are the market forecasts and estimates for 2023–2030?
- What are the major drivers, restraints, challenges, opportunities, and trends in the Asia-Pacific orthodontics market?
- Who are the major players in the Asia-Pacific orthodontics market?
- How is the competitive landscape, and who are the market leaders in the Asia-Pacific orthodontics market?
- What are the recent developments in the Asia-Pacific orthodontics market?
- What strategies are adopted by the major players in the Asia-Pacific orthodontics market?
- What are the geographical trends and high growth countries?
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