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Europe Orthodontics Market to be Worth $8.76 Billion by 2030
Meticulous Research®—a leading global market research company, published a research report titled, ‘Europe Orthodontics Market by Product (Clear Aligners, Fixed Braces {Brackets, wires [Nickel, Titanium, Steel], Anchorage, Ligatures}, Bonding, Adhesives, Springs, Tubes, Bands), Patient (Teen, Adult), End User (Hospital, Clinics, Research) - Forecast to 2030.’Download Free sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5701?utm_source=pdf&utm_medium=social+&utm_campaign=product&utm_content=19-02-2024
According to this latest publication from Meticulous Research®, the Europe orthodontics market is projected to reach $8.76 billion by 2030, at a CAGR of 14.2% during the forecast period. The high prevalence of malocclusion, the increasing adoption of digital technologies for orthodontic treatments, and high awareness regarding dental disorders. Furthermore, the growing demand for aesthetic and cosmetic dentistry offers significant opportunities for the market’s growth. However, the unavailability of reimbursement policies for orthodontic treatments hinders the growth of this market. In addition, the high cost of orthodontic treatments is a major challenge to the market’s growth.
Key Players
The key players profiled in the Orthodontics market are Align Technology, Inc. (U.S.), Institut Straumann AG (Switzerland), Envista Holdings Corporation (U.S.), 3M Company (U.S.), DENTSPLY SIRONA Inc. (U.S.), DENTRUM GmbH & Co.KG (Germany), SmileDirectClub, Inc. (U.S), TP Orthodontics, Inc. (U.S.), DB Orthodontics Limited (U.K.), and Geniova Technologies, S.L (Spain).
Europe Orthodontics Market: Future Outlook
The Europe 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 Geography. The study also evaluates industry competitors and analyzes their market share at the country level.
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Based on product, the Europe orthodontics market is segmented into removal braces and fixed braces. In 2023, the removable braces segment is expected to account for the largest share of the 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.
Based on patient type, the orthodontics market is segmented into children & teens, and adults. In 2023, the adults segment is expected to account for the largest share of the orthodontics market. The large market share of this segment is attributed to the high prevalence of malocclusion and the increasing focus on dental aesthetics to boost self-esteem.
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Based on end user, in 2023, the dental clinics & hospitals segment is expected to account for the largest share of the orthodontics market. Factors contributing to the large market share of this segment include the increased prevalence of malocclusion, emerging chains of dental clinics, and the high adoption of new technologies for orthodontic procedures by clinics & hospitals. Moreover, the high accessibility to dental clinics and hospitals owing to the wide availability of dentists also supports the large share of the segment.
Geographic Review
This research report analyzes major geographies and provides a comprehensive analysis of Europe (Germany, France, the U.K., Italy, Spain, Switzerland, Denmark, Sweden, Netherlands, and the Rest of Europe). In 2023, Germany is expected to account for the largest share of the Europe orthodontics market. High healthcare spending, high disposable income, trends of aesthetic self-appearance in teen and adolescent populations, and dental awareness contribute to the large share of this market.
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Key questions answered in the report:
- Which are the high-growth market segments in terms of product, patient type, end user, and country?
- What was the historical market for the orthodontics market across Europe?
- What are the market forecasts and estimates for the period 2023–2030?
- What are the major drivers, restraints, challenges, opportunities, and trends in the Europe orthodontics market?
- Who are the major players in the Europe orthodontics market?
- What is the competitive landscape like, and who are the market leaders in the Europe orthodontics market?
- What are the recent developments in the Europe orthodontics market?
- What are the different strategies adopted by the major players in the Europe orthodontics market?
- What are the geographical trends and high-growth countries?
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