Orthodontic Elastics Market Introduction
Orthodontic elastics are disposable elastic ligatures used in orthodontic treatment to close the gap between teeth, and adjust bite and jaw position. Orthodontic elastics are integral part of orthodontic treatment in dental clinics and hospitals. These elastics are used to connect top tooth brackets to bottom tooth bracket with the help of hooks. Orthodontic elastics need to be removed during meals, and while cleaning teeth and orthodontic brackets. These need to be replaced daily, as elasticity of the band decreases over a period of time. Different types and sizes of orthodontic elastics are currently available in the market based on application and usage.
Orthodontic Elastics Market – Competitive Landscape
The global orthodontic elastics market is highly fragmented with several domestic players holding key market share in respective region. The low cost of manufacturing, easy availability of these products, large volume business for orthodontic elastics and easy entry for new players into orthodontic market etc. factors have attracted large number of domestic manufacturers into this field.
Henry Schein, Inc.
Henry Schein, Inc. is one of the world’s leading provider of healthcare products, service & technology to dental, animal health and medical practitioners all around the world. Company markets and distributes around 120,000 company’s products through its centralized and automated distribution channels. Also, company distributes more than 180,000 additional products as per customized orders.
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3M is one of the leading company in delivering orthodontic products and services across the globe with more than 100 years of experience in the market. The company offers its products and services in various industries such as biopharmaceutical purification, drug delivery systems, food safety, health information system, personal healthcare, medical device components, and oral care.
Hubit CO., LTD
Founded in 2005, Hubit CO., LTD is a South Korea based dental device company that deals in the research, development, and commercialization of various advanced dental products. Company has a strong expertise in development of bio-materials, dental materials, and medical equipment. The company’s product portfolio includes orthodontic brackets, wires, tubes, screws, and dental accessories.
Founded in 1989, G&H Orthodontics is a U.S. based company that provides clinical solutions to orthodontic facilities. The company has one of the broadest product portfolio comprising of brackets, wires, elastomers, bonding products, headgears, impressions and models, and orthodontic instruments. G&H Orthodontics markets its products in more than 40 countries across the globe.
FORESTADENT is the Germany based manufacturer and supplier of orthodontic equipment across the globe. The company’s product portfolio comprises of brackets, bands and buccal tubes, wires and arches, aligners, intra and extraoral, skeletal anchorage, expansion screws and laboratory supplies, pliers, instruments, and related accessories used in orthodontic procedures.
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Orthodontic Elastics Market – Dynamics
The orthodontic elastics market to grow with high prevalence and rise in incidence rates of temporomandibular disorders
The global orthodontic elastics market is projected to be primarily driven by high prevalence of orthodontic disorders across the globe. For instance, the temporomandibular disorder is an orthodontic disorder with prevalence between 5% and 12%. Prevalence of temporomandibular disorder is higher in the elderly population. Hence, rapid increase in the geriatric population in North America, Europe, and Japan is a key factor projected to fuel the growth of the global orthodontic elastics market during the forecast period. Moreover, easy availability of orthodontic elastics, low cost of the product, and rise in awareness about oral health are anticipated to contribute to the growth of the global orthodontic elastics market during the forecast period.
Orthodontic Elastics Market – Segmentation
On the basis of Elastic type, the global market can be divided into
- Single Elastic ligatures
- Connected Elastic Ligatures
- Stainless Steel Wire ligatures
On the basis of length, the global market can be divided into
- 2 mm
- 8 mm
- 4 mm
- 9 mm
- 4 mm
On the basis of force, the global market can be divided into
- Light force 2.5 oz
- Medium force 4.5 oz
- Heavy force 6.5 oz
On the basis of style, the global market can be divided into
- Natural latex
- Latex-free elastics
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
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Below is a snapshot of these quadrants.
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The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
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10. What will be the barrier to entry for new players in the market?
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