April 17, 2024
Global Orthodontic Brackets Market

Global Orthodontic Brackets Market is Estimated to Witness High Growth Owing to Rising Orthodontic Treatment Demand

The global orthodontic brackets market is primarily driven by the increasing demand for orthodontic treatments across the world. Orthodontic brackets are dental fixtures, usually made of metal or ceramic, that are bonded to the surface of teeth and used for correcting orthodontic problems related to teeth alignment and bite correction. These brackets help in applying controlled force on the teeth to reposition them over time. Advantages of orthodontic brackets include effective correction of orthodontic issues, aesthetic appearance, and minimal discomfort during the treatment process. The rising prevalence of orthodontic problems such as malocclusion, dental crowding, and jaw misalignment is fueling the demand for orthodontic brackets globally.

The Global Orthodontic Brackets Market Growth  is estimated to be valued at US$ 2.10 BN in 2024 and is expected to exhibit a CAGR of 7.4% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the Global Orthodontic Brackets are Medesy International, American Orthodontics, Metro orthodontics, 3M, TP Orthodontics, Inc., Dentsply Sirona, Ormco Corporation., G&H Orthodontics, Forestadent, Rocky Mountain Orthodontics, Leone S.p.A, DENTAURUM GmbH & Co. KG, Adenta GmbH, Orthosystems.

The rising awareness regarding oral hygiene and cosmetic dentistry is presenting lucrative growth opportunities for orthodontic brackets manufacturers. Also, the increasing disposable income and dental tourism are facilitating the global expansion of orthodontic brackets market.

The key players are focusing on expanding their geographical presence through strategic collaborations and acquisitions to capitalize on high-growth markets across Asia Pacific and Latin America. The growing middle-class population in emerging nations is driving the global expansion of orthodontic brackets market.

Market Drivers

The increasing number of people opting for clear aligners and hidden braces solutions for aesthetic appeal is a major market driver. Clear aligners offer a convenient and discreet way of straightening teeth without the need for metal braces. The rising preference for invisible orthodontics has boosted the sales of orthodontic brackets.

PEST Analysis

Political: Orthodontic Brackets are classified as medical devices and are regulated by domestic healthcare regulatory bodies like the Food and Drug Administration (FDA) in the US. Issues like healthcare reforms and policies related to medical device technology can influence the market.

Economic: Changes in disposable household incomes influence the demand for orthodontic treatment which uses brackets. Growing emphasis on aesthetics is a key economic driver for the market.

Social: Improving lifestyles and increased focus on dental aesthetics is increasing acceptance for orthodontic treatments among both children and adults. Social media influence is also growing self-esteem and acceptance for corrective dental procedures.

Technological: Advancements in material sciences and digitalization are enabling development of new innovative bracket designs with improved properties like strength, aesthetics and customization scope. Computer-aided design and 3D printing technologies are enhancing design, fabrication and treatment planning processes.

The geographical regions where the global orthodontic brackets market is concentrated in terms of value are North America and Europe. These are mature markets with high consumer acceptance for orthodontic treatments. Availability of advanced healthcare facilities and skilled orthodontists also support market growth.

Asia Pacific is projected to be the fastest growing regional market during the forecast period. Presence of developing economies, large patient pools, growing medical tourism industries and rapid economic development in various countries are spurring market demand. Increasing healthcare spending capacities and focus on preventive dentistry and orthodontics will drive Asia Pacific market growth.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it