About Orthodontic Equipment and Consumables
Orthodontics is the branch of dentistry that restores the normal function of teeth and jaws that are positioned improperly. Crooked teeth and teeth that are not positioned properly are harder to keep clean, and are always at risk of being lost early because of tooth decay and periodontal diseases. Orthodontic treatment provides multiple benefits that include a healthier mouth, a more pleasing appearance, and teeth that are more likely to last a lifetime.
Technavio’s analysts forecast the global orthodontic equipment and consumables market to grow at a CAGR of 4.14% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global orthodontic equipment and consumables market for 2017-2021. To calculate the market size, the report considers revenue generated from sales of orthodontic equipment.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Orthodontic Equipment and Consumables Market 2017-2021
Technavio recognizes the following companies as the key players in the global orthodontic equipment and consumables market: Dentsply Sirona, Danaher, Patterson Companies, Henry Schein, and GC Corporation.
Other Prominent Vendors in the market are: 3Shape, A-dec, DENTAURUM, Midmark, Navadha Enterprises, Rexton, Septodont, Ultradent Products, Zimmer Biomet, and Zirkonzahn.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increase in dental tourism. Individuals seek dental care outside of their local healthcare systems and may be accompanied by a vacation. Dental tourism is a growing sector worldwide as the world turns out to be perpetually more interdependent and competitive. Techniques, materials, and technological advances are spreading rapidly, enabling providers in the emerging countries to offer dental care at an affordable cost when compared with the developed nations.”
According to the report, one driver in the market is rising demand for cosmetic corrections and dental deformities among teenagers. Many teenagers have some form of dental disorders, including crowding, rotation, or malocclusion of teeth. There has been a rise in demand for these types of orthodontic corrections among teenagers as they are more conscious about their looks and do not want their teeth to remain in a bad or misaligned shape. Adolescence age has been considered the most preferable age to undergo any orthodontic treatment.
Further, the report states that one challenge in the market is uncertain reimbursement policies. Reimbursement or insurance coverage is a primary factor influencing the global orthodontic equipment and consumables market. Reimbursement policies provide limited or no coverage for dental replacements and restorations, that limits the adoption of advanced treatment. As far as braces and orthodontics is concerned, it is important to know what is covered under dental insurance for both children and adults.
Dentsply Sirona, Danaher, Patterson Companies, Henry Schein, and GC Corporation.3Shape, A-dec, DENTAURUM, Midmark, Navadha Enterprises, Rexton, Septodont, Ultradent Products, Zimmer Biomet, and Zirkonzahn.