Over the past five years, the Orthodontists industry has benefited from favorable demographic trends and technological advances. More people have visited dentists, which has led to heightened awareness of the need for orthodontic services. However, rising capital costs associated with starting an industry establishment have discouraged new orthodontists from opening independent practices, and many established practices have consolidated to share operating costs and increase profitability. Although the industry will face increased competition over the next five years from general dentists, dental schools and do-it-yourself teeth alignment, a declining orthodontist-to-patient ration will present significant growth opportunities for industry operators.
This industry is made up of health practitioners who specialize in treating misaligned teeth and facial development with braces, headgear, retainers and other methods. Industry operators are doctors of dental surgery (DDS) or doctors of dental medicine (DDM) and have several years of specialty training in orthodontics. Industry operators may work in family, group or large practices.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.