Orthodontics is a practice for correction of abnormal alignment of teeth using braces. Orthodontic treatment was initially preferred for children below 15 years to 18 years of age owing to social stigma associated with the appearance of a person undergoing the treatment. With technological advancements, many orthodontic appliances such as lingual and tooth colored braces are commercially available, which have successfully reduced the stigma associated with the treatment. In addition, perpetually rising awareness about the orthodontic treatment and related benefits is resulting in increased adoption of orthodontic treatment among adult population.
Global orthodontic equipment and consumables market is categorized as equipment and consumables. In 2013, the orthodontic equipment segment accounted for the largest share owing to rising preference for cosmetic dentistry coupled with technological advancements. Dental radiology equipment segment accounted for the largest share in terms of market revenue in 2013. Dominance of this product segment was majorly due to introduction of advanced digital radiography equipment coupled with high cost of the equipment. The global orthodontic consumables segment is expected to grow at the highest growth rate during the forecast period from 2014 to 2020. Of which, self-ligating brackets segment is anticipated to have a healthy growth during the forecast period owing to incessant launch of new brackets with advance technologies. For instance, SL3 Bracket, In-Ovation C, SmartClip and others are some of the commercially available brackets.
Geographically, North America and Europe accounted for the largest market share in the global orthodontic equipment and consumables market. Factors such as availability of orthodontic associations and organizations that promote use of orthodontic treatment coupled with wide distribution network are resulting in the growth of the overall orthodontic equipment and consumables market in North America and Europe. Further, reimbursement coverage, high disposable income, availability of highly advanced technology and high rate of awareness about the orthodontic treatment are some of the factors that are fueling the growth of orthodontic treatment and consumables market in North America and Europe. Asia Pacific orthodontic equipment and consumables market is expected to grow at the highest CAGR during the forecast period from 2014 to 2020. Factors such as rising awareness about orthodontic treatments, availability of the treatment at cheaper rates and rising healthcare expenditure are expected to spur the growth of orthodontic equipment and consumables market in Asia Pacific. China and India are the most lucrative markets in Asia owing to rapidly developing healthcare infrastructure, government initiatives and availability of advanced orthodontic technologies. In addition, availability of skilled orthodontists and supportive economy are expected to fuel the growth of the orthodontic equipment and consumables market in India and China.
The global orthodontic equipment and consumables market is dominated by few major players. DENTSPLY International, Inc., A-Dec, Inc., Patterson Companies, Sirona Dental Systems, Inc., Danaher Corporation among others are some of the key players having presence in the global orthodontic equipment and consumables market. These key players are majorly adopting mergers and acquisitions and research and development as the strong growth strategies to expand their geographic presence and introduction of innovative products in the market. For instance, Sirona Dental Systems, Inc. focuses on the development of innovative products by allotting significant amount of its revenue for research and development activities. The company invested around USD 60 million for research and development activities.
Dental treatment for correcting and preventing irregularities in the alignment of teeth with the help of braces is referred as orthodontics. Dental orthopedics, cosmetic orthodontics and aesthetic orthodontics are the other terms that are used interchangeably for orthodontics. Perpetually rising awareness about orthodontic treatments and related benefits coupled with rapidly advancing technology such as lingual and tooth colored braces are stimulating the growth of the global orthodontic equipment and consumables market. This report covers the market analysis of various equipment and consumables used in orthodontic treatment.
Executive summary of the report, orthodontic equipment and consumables market comprises snapshot of the global market along with comparative analysis by geographic regions in terms of value % for 2013 and 2020. The market overview section of the report demonstrates market dynamics and trends such as the drivers, restraints and opportunities that influence the current nature and future status of the global orthodontic equipment and consumables field. Impact factors such as market attractiveness analysis by geography and Porter’s five forces (bargaining power of suppliers, bargaining power of buyers, threat of new entrants, threat of substitutes and competitive rivalry) analysis for global orthodontic equipment and consumables market have been given in the market overview chapter of the this report. In addition, market share analysis by key players (value %) for the year 2013 has also been explained under competitive landscape section mentioned in the market overview section of the report. Competitive landscape section of the report gives thorough analysis of the overall competitive scenario in the orthodontic equipment and consumables market. Further, this report also includes value chain analysis of orthodontic equipment and consumables market.
The global orthodontic equipment and consumables market is segmented on the basis of commercially available equipment and consumables. Orthodontic equipment market is sub segmented into CAD/CAM systems, dental chairs, handpieces, light cure, scaling unit, dental lasers, and dental radiology equipment. Orthodontic consumables are further segmented into anchorage appliances (Buccal tube, bands and miniscrews), ligature (elastomeric ligature and wire ligature), bracket (aesthetic brackets, metal brackets and self ligating brackets), archwires (nickel titanium archwire, stainless steel archwire and beta titanium archwire). In detailed market analysis and forecast for the aforementioned segments and sub segments has been provided in orthodontic equipment and consumables market study, in terms of market revenue (USD million) from 2012 to 2020. In addition, orthodontic equipment and consumables market report includes the compounded annual growth rate (CAGR %) for each equipment and consumable type for the forecast period 2014 to 2020 considering 2012 and 2013 as the base year.
Geographically, the global orthodontic equipment and consumables market has been classified into four regions namely; North America, Europe, Asia Pacific and Rest of the World (RoW). The current and future market sizes (in terms of USD million) of the above mentioned regional markets have been provided in the orthodontic equipment and consumables market report for the period 2012 to 2020 with their growth rate (CAGR %) for the period 2014 to 2020. The study further offers recommendations and highlights the orthodontic equipment and consumables market which would be useful for the current and future market players to sustain and grow in the market.
Orthodontic equipment and consumables market report concludes with company profiles section that includes key information in terms of company overview, financial overview, product portfolio, business strategies and recent developments about the major players in orthodontic equipment and consumables market. Detailed analysis of companies in the global orthodontic equipment and consumables market is included in the report in order to give a thorough analysis of the overall competitive scenario in the global market. Some of the key players profiled in global orthodontic equipment and consumables report include 3Shape A/S, A-Dec, Inc., Danaher Corporation, Dentsply International Inc., GC Corporation, Henry Schein, Inc., Midmark Corporation, Patterson Companies, Septodont, Sirona Dental Systems Inc., Ultradent Products, Inc., and Zimmer Dental Inc.
The global orthodontic equipment and consumables market is segmented as follows:
Orthodontic Equipment and Consumables Market, by Segment Type
- CAD/CAM Systems
- Dental Chairs
- Light Cure
- Scaling Unit
- Dental Lasers
- Dental Radiology
- Buccal Tube
- Elastomeric Ligature
- Wire Ligature
- Aesthetic Bracket
- Metal Bracket
- Self-Ligating Bracket
- Nickel Titanium Archwire
- Stainless Steel Archwire
- Beta Titanium Archwire
Orthodontic Equipment and Consumables Market, by Geography
- North America
- Rest of the World