Rising Incidence of Malocclusion Leading to Higher Demand for Dental Braces: Fact.MR Study | BioSpace

2022-07-30 04:50:05 By : Mr. Kevin Zhao

“Increasing focus on aesthetic appearance and rising disposable income are expected to complement dental braces market growth,” says a Fact.MR analyst

Dental Braces Market Analysis By Product Type (Metal Braces/Traditional Braces, Ceramic Braces & Invisalign) By Position (External Braces & Lingual Braces) By End-User and By Region – Global Market Insights 2022 to 2032

Fact.MR – a market research and competitive intelligence provider - From 2022 to 2027, worldwide demand for dental braces is projected to increase at a CAGR of 6.7%. At present, the global dental braces market accounts for a revenue of US$ 3.85 billion and is estimated to reach US$ 5.7 billion by the end of 2027.

Increasing focus on aesthetic awareness has led to rising demand for products that help consumers achieve that aesthetically pleasing look. Dental braces are used for this very purpose as they help in aligning the teeth and straightening them. Rising incidence of jaw disorders and malocclusion has also led to increased adoption of dental braces and is expected to drive substantial market growth over the coming years. Increasing awareness about dental hygiene is expected to further boost demand for dental braces over the coming years.

Dental brackets are defined as the devices used in Dental Braces to align and straighten the teeth. They act as handles to hold the arch wires and move the teeth. They are available in different sizes, shape, and forms. Growth in prevalence of musculoskeletal disorders & diseases and availability of orthopedic braces through e-commerce drive the Dental Braces market growth for Dental Braces brackets. Brackets are available in two types, fixed brackets and removable brackets.

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Dental brace manufacturers are focusing on expanding their business scope across geographies to increase their revenue generation capacity. Dental brace suppliers are also launching new products and expanding their product portfolios to bolster their stance in this competitive space.

Key Takeaways from Market Study

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The increase in oral disorders worldwide boosts the growth of Dental Braces market. In addition, increase in sedentary lifestyle and consumption of tobacco, drive the growth of the market. The tobacco consuming habit of people in underdeveloped countries, is more prone to dental disease. For instance, according to World Health Organization (WHO), it is estimated that oral diseases affect nearly 3.5 billion population in 2020.

Dental brace manufacturers are expected to employ various strategies such as partnerships, mergers, collaborations, and acquisitions to strengthen their foothold in the global marketplace over the years to come.

Increasing focus on dental health and oral hygiene is expected to provide a lucrative setting for dental brace manufacturers and will help them advance their sales potential across the forecast period.

Fact.MR, a market research and competitive intelligence provider, has compiled a detailed assessment of the competitive landscape in this new dental braces market study.

Dental brace providers are focusing on launching new products to expand their product portfolio and advance their revenue generation potential. Dental brace companies are expected to focus on the integration of new technologies to create novel products.

Key Segments Covered in Dental Braces Industry Research

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global dental braces market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2027.

The study divulges essential insights on the market on the basis of product type (metal braces/traditional braces, ceramic braces, invisalign), position (external braces, lingual braces), and end user (children, teenagers, adults), across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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