Mordor Intelligence announces the publication of their research report on the immunoassays market. The report titled, “Global Orthodontic Supplies Market Growth, Trends & Forecasts” discusses the current landscape and outlook of the said market.
The global orthodontic supplies market was estimated at USD 942.8 million in 2016 and it is expected to reach USD 1,300.0 million by 2021, growing at a CAGR of 5.5% during the forecast period. The report is an amalgamation of the current market scenario, its prospects and forces driving & restraining the market. The report highlights the North American, European, Asia-Pacific, Latin American and Middle East & African markets.
Increasing number of cosmetic dental procedures combined with the number of people preferring specialized orthodontics such as transparent braces while undergoing cosmetic dental procedures is a major factor driving the orthodontic market.
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The global orthodontic supplies market has been segmented based on product type (fixed type and removable type), patient type (adults, teenagers) and by geography (North America, Europe, APAC, Middle East and Africa, Latin America and Rest of the World).
Fixed braces segment occupies the biggest market share of the orthodontic supplies market. Children and teenagers comprise a major portion of the patient type segmentation. North America has the largest market share followed by Europe. Asia-Pacific region is expected to record the highest growth during the forecast period, due to a large population base. The region is witnessing an increased number of orthodontic cases which is expected to boost the orthodontic supplies market here.
Companies that dominate the orthodontic supplies market are 3M Unitek Corp, Align Technology, American Orthodontics, DB Orthodontics, Dentsply Sirona, G&H Orthodontics, Great Lakes Orthodontics, among others.
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