The Global Orthodontic Brackets Market is Anticipated to Witness High Growth Owing to Rising Demand for Aesthetic Dental Solutions

The global orthodontic brackets market comprises various brackets used to straighten, position, and align teeth. Clear and aesthetic brackets have gained popularity over the years. Orthodontic brackets play a vital role in reshaping teeth positioning and correcting dental imperfections such as crowded teeth, underbites, overbites, gaps, etc. Growing awareness regarding oral health and dental aesthetics, coupled with the rising disposable income of individuals, has boosted the demand for orthodontic treatment over the years.

Global Orthodontic Brackets Market is estimated to be valued at US$ 2.10 BN in 2024 and is expected to exhibit a CAGR of 7.4% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the Global Orthodontic Brackets Market Demand are Medesy International, American Orthodontics, Metro orthodontics, 3M, TP Orthodontics, Inc., Dentsply Sirona, Ormco Corporation, G&H Orthodontics, Forestadent, and Rocky Mountain Orthodontics. These players are adopting organic and inorganic growth strategies such as new product launches, mergers & acquisitions, and expansions to garner a larger market share.

The global orthodontic brackets market offers lucrative opportunities for key players to expand their business. Increasing awareness about orthodontic procedures, growing demand for invisible and aesthetic brackets, and rise in disposable income are fueling the market growth.

Key players are expanding their business in the developing markets of Asia Pacific and Latin America. These regions offer strong growth potential due to a large patient pool, increasing healthcare expenditure, and rising medical tourism. Growing middle-class population and improving standards of living are creating high demand for quality dental care in these markets.

Market drivers: Rising cases of malocclusion are fueling the demand for orthodontic treatments. According to the World Health Organization, malocclusion affects around 60-80% of children and adults globally. Growing demand for invisible and aesthetic clear brackets is one of the key drivers of the orthodontic brackets market.

Market restraints: High cost of orthodontic treatments and lack of insurance coverage act as key restraints in developing countries. Aligners provide an attractive non-invasive alternative at lower costs, posing challenges to the orthodontic brackets market. Bracket fractures and breakage can complicate the treatment process and affect adherence to orthodontic treatment regimens.

Segment Analysis

The global orthodontic brackets market is dominantly segmented by material type. Based on material type, stainless steel brackets hold the largest market share as they are affordable and durable. Stainless steel brackets account for over 60% of the global orthodontic brackets market. Aesthetic ceramic brackets are the fastest growing segment registering a CAGR of over 9% during the forecast period. Rising focus on aesthetics and discretion amongst adult orthodontic patients is driving the growth of ceramic brackets segment.

Global Analysis

North America leads the global orthodontic brackets market with over 40% share. Rising awareness about dental aesthetics and increasing number of adult orthodontic patients in the US and Canada are contributing to the region's dominance. Europe is the second largest market for orthodontic brackets. High healthcare expenditure per capita and availability of advanced orthodontic treatments are supporting the European market growth. Asia Pacific is the fastest growing regional market owing to escalating medical tourism in countries like India, Thailand and dental advances in China and Japan. Latin America and Middle East & Africa also present lucrative opportunities for orthodontic brackets market players over the forecast period.

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