According to a recent research report published by P&S Intelligence, the global orthodontics supplies market size is predicted to cross $5.9 billion by 2023, growing at a CAGR of 8.3% during 2017-2018. The demand for orthodontic supplies is on a surge mainly due to increasing prevalence of oral diseases. Some of the most common oral diseases include dental cavities, periodontal diseases, oral cancer, malocclusions and other oral diseases and disorders.
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The demand for orthodontic supplies is on a surge due to increasing prevalence of oral diseases. Some of the most common oral diseases include dental cavities, periodontal diseases, oral cancer, malocclusions and other oral diseases and disorders. High prevalence of oral diseases depicts increased demand for these devices. According to the World Health Organization (WHO), around 60% to 90% of the school children and nearly 100% of adults suffer from dental cavities. It has also been observed that, around 15% to 20% of adults aged between 35 to 44 years, suffer from severe periodontal (gum) disease.
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Most of the players in the orthodontic supplies market offer products across one or more product types, namely fixed braces, removable braces and orthodontic adhesives. 3M Company, Dentsply Sirona Inc., Danaher Corporation, G&H Orthodontics Inc., American Orthodontics, TP Orthodontics Inc., Rocky Mountain Orthodontics, Dentaurum GmbH & Co. Kg and DB Orthodontics offer fixed braces and orthodontic adhesives as their major products. All these major players are expanding their business in orthodontic brackets, wires, ligatures and anchorage appliances. In April 2016, G&H Orthodontics, Inc. announced the expansion of its elastomeric manufacturing capacity by 60% along with increasing production capabilities for brackets and wires to deliver a great experience to their customers.
The players in the orthodontic supplies market are expanding their company facilities all over the world in order to gain a major market share. For instance, in June 2017, Align Technologies, Inc. announced the opening of a new Invisalign treatment planning facility in Chengdu, China. This is the company’s first manufacturing operation in China which has led to its expansion in the Asia-Pacific region. The new treatment planning facility provides treatment planning services for Invisalign providers in China and also educates doctors about the company’s latest product and technology across the region.
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