Market Snapshot:
Dentists are implementing stringent controls and standards to assess new products & technologies and to produce robust data in clinical studies to regulate dental orthodontics standards. The increasing frequency of people with tooth problems requiring teeth straightening, Malocclusion (Misaligned teeth) or orthodontic treatment contributes to the growth of the invisible orthodontics market. Teeth irregularity accounts for 15% of the US population. The Government has considered Malocclusion as worldwide concern over the past years wherein India has a prevalence of 20-45% of malocclusion. Invisible orthodontics or barely braces are an alternative to conventional wire/bracket braces. These braces are customized and are mostly preferred by adults or teenagers with spaced teeth. The introduction of CAD/CAM (Computer-aided Design and Manufacturing) technology in orthodontics has resulted in customization of invisible brace designs as per the oral anatomy of the patient. The overall shortened time and less invasiveness are the advantages of this technology. 3D imaging is currently used to evaluate the jaw and bone anatomy of patients for creating the malocclusion models.
Segment Analysis
AMA Research have segmented the market of Global Invisible Orthodontics market by Type, Application and Region. On the basis of Type, Clear aligners are dominating the market in the year 2021
On the basis of geography, the market of Invisible Orthodontics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2021. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Trend
Increasing adoption of CAD/CAM technology.
Market Drivers
Increasing tooth problem among target population requiring invisible orthodontics, Growing awareness among malocclusion in the community, Availability of orthodontic treatment and an increasing number of dentists and The increasing prevalence of malocclusion.
Opportunities
Technological advancements like CAD/CAM technology in the invisible orthodontics market are providing new opportunities in orthodontics and enabling players to produce braces that are superior to the conventional ones and Increasing disposable income and improving healthcare Infrastructure.
Restraints
- Unfavorable reimbursement policies and limited insurance coverage for orthodontic treatments
- High cost of orthodontic treatments.
In addition to the aforementioned factor, Increasing tooth problem among target population requiring invisible orthodontics
is expected to propel the growth of the market over the forecast period.
Competitive Landscape
The market appears to be moderately fragmented by the presence of considerable players. By the implementation of CAD/CAM technology, manufacturers can develop advanced and innovative orthodontics which is capable of aligning a variety of designs based on the type of material, size, and color.
The key Players profiled in the study are 3M (United States), Align Tech (United States), ClearCorrect (United States), Dentsply Sirona (United States), Danaher (United States), AMERICAN ORTHODONTICS(United States), Ormco (United States), DB Orthodontics (UK), G&H Orthodontics (United States) and Great Lakes Orthodontics (United States). A lot of United States players are profiled in the research study indicating a strong market dependence.