(
EMAILWIRE.COM, December 12, 2017 )
The North America Orthodontic Supplies Market is growing from 963 million in 2016 at a CAGR of 8.2%, to reach USD 1.04 billion by 2021. The market is showcasing substantial growth potential in the mentioned period and will continue to show high CAGR in the future years with the recent developments in medical sector.
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Orthodontia is the area of dentistry in which doctors deal with abnormalities of the teeth. Orthodontic supplies cover the devices, like braces, helping in aligning the teeth, or solve issues of bite and fill gaps in teeth. Majorly, the target customers for orthodontic supplies are children, but there are braces for adults as well. In kids, orthodontic supplies may promote appropriate jaw growth which can assist in the proper growth of permanent teeth as properly aligned permanent teeth can avoid tooth issues later on.
Increasing number of people with jaw misalignment, unhealthy eating habits leading to tooth problems, growing awareness, high disposable income and advancement in the orthodontic products technology are propelling the growth of the North America Orthodontics Supplies market. But, uncertain reimbursement scenarios, restrained insurance policies for orthodontic treatments, and complicated process of such treatments are preventing the market growth.
The North America Orthodontic Supplies market is broadly categorized on the basis of Product into Fixed Supplies, Removable Supplies and Adhesives and on the basis of Patients into Children and Adolescents, and Adults. The Fixed braces market is sub-segmented into Brackets, Archwires, Anchorage Appliances and Ligatures. The Brackets market is further segmented into Conventional Brackets, Self-ligating Brackets, Lingual Brackets, Metal Brackets and Ceramic Brackets; the Archwires market into Nickel Titanium, Beta Titanium and Stainless Steel; the Anchorage Appliances market into Bands and Miniscrews; and the Ligatures market into Elastomeric Ligatures and Wire Ligatures. The fixed braces segment has the largest share in the North America orthodontic supplies market as of 2016 owing to better affordability. On the basis of patients, the children and adolescents patient segment holds the largest share.
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On the basis of region the North America market is analyzed under the regions U.S.A and Canada. The U.S and Canada being highly developed countries provide good amount of revenue for this market and will continue to show a decent CAGR in the forecasting period.
Some of the major competitors dominating the North America Orthodontic Supplies market are Align Technology Inc., Danaher Corporation, Henry Schein, Inc., DENTSPLY International, Inc., Dentaurum GmbH & Co. KG, and TP Orthodontics, Inc. are some of the other key players in this market.
Market Segmentation :
1) Product
2) Patients
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