Increasing Incidence of Oral Diseases Driving Orthodontic Supplies Market Expansion
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Posté le:
Sep-30-2021
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Word Count article:
374
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The global orthodontic supplies market generated a revenue of $3.4 billion in 2016 and it is predicted to reach a value of $5.9 billion by 2023, exhibiting a CAGR of 8.3% from 2017 to 2023, as per the estimates of the market research organization, P&S Intelligence.
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Orthodontic supplies refer to several appliances that are used for improving the appearance and alignment of crowded, protruding, and crooked tooth. Some of the major orthodontic supplies products used for correcting jaws and teeth are removable braces, orthodontic adhesives, and fixed braces.
Get Deep Analysis With Revenue Estimation: Orthodontic Supplies Market@ https://psmarketresearch.com/market-analysis/orthodontic-supplies-market
The rising incidence of oral diseases, including periodontal diseases, malocclusions, oral cancer, and dental cavities, and the rapid technological advancements being made in orthodontic products are the major factors fueling the expansion of the orthodontic supplies market. As per the World Health Organization (WHO), nearly 60–90% of the school children and around 100% of adults are diagnosed with dental cavities. Furthermore, nearly 15–20% of adults in the age bracket–35 to 44 years are diagnosed with severe periodontal (gum) disease.
Moreover, the development of technologically advanced products, such as Invisalign, an invisible range of invisible clear aligners, which has been produced by Align Technology, has completely transformed the industry. Invisalign assists in moving the teeth without requiring the use of mini-screws, mini-implants, and braces. The advent of lingual braces, which are basically hidden braces that are bonded behind the teeth, instead of being fixed at the front, is another technological innovation in the industry. In addition, the surging disposable income of people and the growing public awareness about orthodontic treatment procedures are also propelling the growth of the market.
Moreover, the treatment of oral diseases and deformities at an early age reduces the chances of serious issues later. Geographically, the orthodontic supplies market is predicted to exhibit huge expansion in Latin America and Asia-Pacific regions in the coming years. This is because of the expansion of the medical tourism sector, especially in developing countries, such as India and China, rapidly improving healthcare infrastructure, and surging adoption of advanced healthcare treatment procedures in the region. Singapore, Thailand, India, and Malaysia have recently emerged as the most lucrative countries for medical tourism in the region.
Hence, it is safe to say that the market will grow rapidly in the coming years, mainly because of the rising incidence of oral diseases, surging geriatric population, and the development of technologically advanced and innovative products across the world.
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Source de l'article :
http://fr.articleseen.com/Article_Increasing Incidence of Oral Diseases Driving Orthodontic Supplies Market Expansion_1077.aspx
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auteur ressource :
Get Deep Analysis With Revenue Estimation: Orthodontic Supplies Market@ https://www.psmarketresearch.com/market-analysis/orthodontic-supplies-market
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Mots-clés :
Orthodontic Supplies Market, Orthodontic Supplies Market Share, Orthodontic Supplies Market Demand,
Catégorie :
Internet et Business
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